Ace Worldwide News Group 20:33 on May 30, 2016

BRITAIN: Cybercrime is big business and HSBC are taking measures on safe-deposit boxes in Hong Kong to guard the wealth of the rich and famous – @AceNewsServices

#AceFinanceNews – May.30: HSBC Tightens Hong Kong Safe-Deposit Box Rules to Boost Defences

HSBC Holdings Plc is strengthening its oversight of its safe-deposit boxes in Hong Kong as the U.K. bank moves to bolster its defenses against financial crimes.

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EGYPT: Ministry of Electricity completed the final contract with the consortium of GDF Suez, Toyota, and Orascom to establish a wind power plant project in the Gulf of Suez next month – @AceFinanceNews

#AceFinanceNews – May.30: Egypt partners with GDF Suez, Toyota and Orascom for wind power plant

Egypt’s Ministry of Electricity completed the final contract with the consortium of GDF Suez, Toyota, and Orascom to establish a wind power plant project with a capacity of 250 MW in the Gulf of Suez next month.

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Ace Worldwide News Group 14:20 on May 30, 2016

ISRAEL: Considering a possible agreement to carry their gas to the European market through Turkey – @AceFinanceNews

#AceFinanceNews – May.30: Israel mulls European gas exports via Turkey

The only route big enough for Israel’s gas exportation is a country like Turkey which is capable of providing infrastructure and further exportation to the West, said the Consul-General of Israel in Istanbul on Wednesday.

In an exclusive interview with Anadolu Agency, envoy Shai Cohen spoke about a possible gas agreement to carry Israeli gas to the European market through Turkey.

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Ace Worldwide News Group 13:54 on May 30, 2016

EGYPT: Minister of trade and industry said on Saturday they plan to establish an industrial zone in South Sinai province – @AceFinanceNews

#AceFinanceNews – May.30: Egypt to establish $92M industrial zone in South Sinai

Egypt’s Minister of Trade and Industry said on Saturday that he approved a plan to establish an EGP 820 million (around $92 million) industrial zone in the province of South Sinai.

Tarek Kabil said during a conference on development and investments in South Sinai, held in the province, that that the area’s mineral resources will be utilised in the project.

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MARKETS: Monday: #Asia stocks mostly down after US-led-Syria strike over fresh concerns about the Middle East as Hong Kong fell 1.6 percent, while Shanghai had slipped 1.5 percent at the close, with traders there awaiting the release Tuesday of first-quarter Chinese growth data #AceFinanceDesk reports April 16, 2018
#AceFinanceNews – Apr.16: Most Asian markets fell on Monday after a US-led strike on Syrian targets fuelled fresh concerns over the tinderbox Middle East, though analysts said investors were hopeful the crisis would not escalate #AceFinanceDesk reports Asia stocks mostly down after Syria strike: The Syria crisis, which has seen the West’s relationship with R […]
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(MADRID) Spain and Saudi Arabia have signed a framework agreement to sell the Gulf Arab state warships under a deal estimated to be worth around 1.8 billion euros ($2.2 billion) as activists and campaign groups voice dissent at selling military equipment to Saudis over human rights abuses #AceFinanceDesk reports April 13, 2018
#AceFinanceReport – Apr.13: Saudi Arabia’s crown prince and Spain’s defense minister signed an “executive summary to facilitate the necessary procedures” for the Saudi Defence Ministry to sign a contract with Spanish state-owned shipbuilder Navantia for the supply of warships, a Saudi government statement said late on Thursday: A Spanish Defence Ministry sou […]
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MARKETS REPORT: #US Stocks plunged again Friday over increasing concerns about a trade war between the United States and China: The Dow Jones industrial average lost 572 points by the close, shedding 2.3 percent: The Standard & Poor’s 500 dropped nearly 2.2 percent, while the NASDAQ fell nearly 2.3 percent at the end of trading as Donald Trump promises a $100-billion in Chinese exports #AceFinanceDesk reports April 7, 2018
#AceFinanceReport – Apr.07: Earlier Friday, President Donald Trump continued to protest China’s trade practices after threatening China on Thursday with increased tariffs on $100 billion worth of additional goods: In a twitter post Friday, Trump said, “China, which is a great economic power, is considered a Developing Nation within the World Trade Organisati […]
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MARKET REPORT: #US #Dow opens down 500-points as China announces plan to apply ‘ tariffs ‘ t o dozens of American goods with a 25% tariff on $50-billion worth of US exports and closes slightly higher # AceFinanceDesk reports April 5, 2018
#AceFinanceReport – Apr.05: Editor says heres what we know in the last month as Wednesday this happens: China is punching back in the escalating trade dispute with the United States, announcing plans for heavy new tariffs on dozens more US goods including aircraft and autos after markets have reacted prior to the announcement over the […]
Ace Worldwide News Group
#US Market Report: #Dow down more than 400-points at fresh session low at closing bell: Stocks fell on Friday, adding to their steep weekly losses, as investors assess the possibility of a trade war brewing between the U.S. and China #AceFinanceDesk reports March 23, 2018
#AceFinanceReport – Mar.23: The #Dow closes down more than 400 points at lowest point since November. https://t.co/A9OlUXl3…with DowDuPont as the worst-performing sector, while the Nasdaq composite fell 1.7 percent. The S&P 500 declined 1.5 percent, with financials pulling back 2.4 percent.”#AceFinanceDesk reports “People are a little worried ahead of th […]
Ace Worldwide News Group
(LONDON) Market Report: Sterling consolidated gains after posting its biggest weekly rise in six weeks, as investors pondered the outlook for the currency amid threats of a global trade war and Britain and EU agreeing a transition period to keep banks and finance houses on track but with a rise in interest rates on the cards May we may yet see a different story #AceFinanceDesk reports March 23, 2018
#AceFinanceReport – Mar.23: The pound has enjoyed a good week, with Britain and the European Union agreeing on a transition period after Brexit and the Bank of England paving the way for a rise in interest rates in May: “The repricing story for sterling is all done and all the cards have now fallen in […]
Ace Worldwide News Group
(BEIJING, China) The launch of China’s yuan-denominated oil futures will mark the culmination of a d ecade-long push by the Shanghai Futures Exchange (ShFE) aimed at giving the world’s largest energy c onsumer more power in pricing crude sold to Asia #AceFinanceDesk reports March 22, 2018
#AceFinanceReport – Mar.22: #BRICS firmly in place and ‘ China Development Bank ‘ as HQ in Beijing its time to take down the once mighty ‘ Petro-Dollar ‘ by replacing it with the Yuan and this is just the beginning #AceFinanceDesk reports WHAT ARE THE CONCERNS AMONG FOREIGN INVESTORS? * Worries include how to freely […]
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(AFRICA) African leaders signed accords AfCFTA that’s expected to boost commerce within the 55-me mber African Union and eventually supplant a patchwork of existing agreements: Nigeria, which together with South Africa makes up half of the continent’s GDP canceled his trip to Kigali, saying his government needs more time for input from local businesses before he can sign the pact: Ugandan President Yoweri Musev eni and his Burundi counterpart, Pierre Nkurunziza, also skipped the gathering #AceFinanceDesk reports March 22, 2018
#AceFinanceReport – Mar.22: More than 40 nations signed the African Continental Free Trade Area agreement, or AfCFTA, which commits governments to removing tariffs on 90 percent of goods and phasing in the rest in future: The agreements will still require ratification by the individual governments and will only come into force when ratified by at […]
Ace Worldwide News Group
(WASHINGTON) — Farmers, electronics retailers and other U.S. businesses are bracing for a backlash a s Donald Trump targets China for stealing American technology or pressuring U.S. companies to hand it over w ith tariffs of as much as $60-billion: As China promises a tit for tat #AceFinanceDesk reports March 22, 2018
#AceFinanceReport – Mar.22: The administration is expected Thursday to slap trade sanctions on China, perhaps including restrictions on Chinese investment and tariffs on as much as $60 billion worth of Chinese products: Dozens of industry groups sent a letter last weekend to Trump warning that “the imposition of sweeping tariffs would trigger a chain reactio […]
Ace Worldwide News Group
(BOSTON, Mass.) JUST IN: The top agricultural food export crop in Bay State could face a new business hurdle for international customers as Trumps administration looks to apply tariffs to EU exports as EU assess its taxes on incoming US goods #AceFinanceDesk reports March 22, 2018
#AceFinanceNews – Mar.22: The Boston Globe reports Massachusetts cranberries could face a 25 percent tariff on exports to Europe: The continent is the top consumer of cranberry exports from the Bay State, which produces 15 percent of the world’s cranberries #AceFinanceDesk reports The Trump administration’s move to impose tariffs on steel and aluminum import […]
Ace Worldwide News Group

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Daily Archives: May 30, 2016

BRITAIN: Cybercrime is big business and HSBC are taking measures on safe-deposit boxes in Hong Kong to guard the wealth of the rich and famous – @AceNewsServices

EGYPT: Ministry of Electricity completed the final contract with the consortium of GDF Suez, Toyota, and Orascom to establish a wind power plant project in the Gulf of Suez next month – @AceFinanceNews

ISRAEL: Considering a possible agreement to carry their gas to the European market through Turkey – @AceFinanceNews

EGYPT: Minister of trade and industry said on Saturday they plan to establish an industrial zone in South Sinai province – @AceFinanceNews