Written by Econintersect
Early Bird Headlines 19 August 2019
Econintersect: Here are some of the headlines we found to help you start your day. For more headlines see our afternoon feature for GEI members, What We Read Today, published Monday, Wednesday and Friday, which has many more headlines and a number of article discussions to keep you abreast of what we have found interesting.
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Notice: We have changed the form of content coverage for Early Bird. We will provide discussion only for Asia Markets news and a small number (often 1 or 2) other articles. The remainder of the content will be headlines (with links) only.
Key Articles
​Global
- Chinese stocks jump as Treasury yields bounce higher; Shenzhen surges more than 2% (CNBC) Stocks in Asia edged up Monday afternoon as U.S. Treasury yields bounced higher after plunging last week. Shares in mainland China jumped by the afternoon. The U.S. dollar index was higher at 98.205 after rising from levels below 97.5 last week. Brent crude futures contract added 1.06% to $59.26 per barrel, and U.S. crude futures gained 0.89% to $55.36 per barrel. Spot gold was down 0.3% at $1,509.13 per ounce at 0354 GMT. U.S. government debt yields were sharply higher Monday morning, as investors returned to riskier assets amid broadly more upbeat market sentiment.
​UK
- Prince Andrew ‘appalled’ by Epstein sex abuse claims (The Guardian) The Duke of York has said he is “appalled” by recent sex abuse claims surrounding his former friend Jeffrey Epstein. Prince Andrew (pictured below on August 11) released a statement after new footage emerged showing him inside the convicted paedophile’s Manhattan mansion in 2010.
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China
- Hong Kong protesters attempt to restore peace after weeks of violence (CNN) Hundreds of thousands of peaceful protesters of all ages returned to the streets of Hong Kong Sunday, in a massive show of solidarity for a movement that appeared on the verge of losing popular support.
Protesters defied torrential rain, a police ban and menacing threats from the Chinese government to come back out for the 11th consecutive weekend of mass demonstrations. Organizers claimed as many as 1.7 million people joined the rally, with protesters thronging westwards from Victoria Park through the downtown areas, transforming much of the city center into a sea of slow moving umbrellas.
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Other important articles
U.S.
- F-bombs away: Why lawmakers are cursing now more than ever (The Hill)
- Ohio man accused of threatening to attack Jewish community center (Fox News)
- The President isn’t waiting for the economy to go south to wage what may be the 2020 election’s defining fight (CNN)
- Trump slams Fox News over recent polling (The Hill)
- White House pushes back against recession fears, defends trade war (CNBC)
- Trump: Apple’s Tim Cook made a good case that trade war helps Samsung (Axios)
​UK
- Labour Party to discuss Brexit tactics with rival parties (Reuters)
- Boris Johnson accuses Philip Hammond and other ex-ministers of undermining Brexit ahead of EU trip (The Telegraph)
- No 10 furious at leak of paper predicting shortages after no-deal Brexit (The Guardian)
Denmark
- Danish prime minister to Trump: Greenland is not for sale (Axios)
- How much would it cost to buy Greenland – and how would you calculate that price? (MarketWatch)
France
- Trump says French wine may face ‘100 percent tariff’ in response to tax on US tech firms: report (Fox News)
Turkey
Iran
- Iranian tanker at centre of diplomatic row leaves Gibraltar (The Guardian)
India
- Restrictions on phones, movement return in Kashmir after clashes (The Hindu)
- Day before Srinagar (Kashmir) schools reopen, parents wary and teachers clueless (The Hindu)
China
- China unveils interest rate reform to steer funding costs lower for firms (MarketWatch)
- China’s State Council calls for Shenzhen integration with Hong Kong, Macau (Reuters)
Brazil
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