US: Commerce Dept: Durable Goods: Estimate was for a decline of 1.4%. Take out the transportation component and orders declined 0.4% which matched the Wall St estimate – Fox Business – @AceFinanceNews

#AceFinanceNews – Sept.29: The Commerce Department reports durable goods orders were unchanged in August from the prior month.

The estimate was for a decline of 1.4%. Take out the transportation component and orders declined 0.4% which matched the Wall St estimate – FoxBusiness.com

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CHINA: Industrial profits rise by 19.5% in August the highest in nearly three years to nearly $80-billion ac cording to the country’s National Bureau of Statistics on Tuesday – @AceFinanceNews

#AceFinanceNews – Sept.29: Chinese Industrial Profits Rose 19.5% in August

Chinese industrial profits increased 19.5 percent year-on-year in August, the biggest rise in three years, to stand at $80 billion, according to the country’s National Bureau of Statistics on Tuesday.

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CUBA: Havana Club Rum is set to be ‘ Imported ‘ into the US after the embargo is lifted – @AceFinanceNews

#AceFinanceNews – Sept.29: Havana Club Set to Enter U.S. Market the Minute the Embargo Disappears

Cuba’s Havana Club rum is set to enter the U.S. market “even if it were to open tomorrow,” according to executives of the firm that exports 75 percent of its production…..

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NEW YORK: Report: Company controlled by Donald Trump secretly conducted business in communist Cuba during Fidel Castro’s presidency despite strict American trade bans – Newsweek – @AceFinanceNews

#AceFinanceNews – Sept.29: Report: Company controlled by Donald Trump secretly conducted business in communist Cuba during Fidel Castro’s presidency despite strict American trade bans – Newsweek –

http://bit.ly/2dtRTb8

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CHINA: Investors are expected to fund up to $50 billion in some 500 Israeli start-up companies as the two countries continue to strengthen ties in many areas including trade and travel – @AceFinanceNews

#AceFinanceNews – Sept.29: Chinese to Invest Up to $50 Billion in Israeli Start-Ups

Prime Minister Benjamin Netanyahu and Deputy Prime Minister of China, Liu Yandong, at the opening of the Isral China Innovation Conference in the Foreign Ministry in Jerusalem, on March 29, 2016. (Photo: Haim Zach/GPO)

Over the past few years we have seen a series of investments coming to Israel from China, but only now are we beginning to understand the great potential of this cooperation for both countries,” said Amit Lang, director general of Israel’s Ministry of Economy and Industry. He spoke at the second annual “Innovation” China-Israel Investment Conference on Wednesday in Tel Aviv attended by over 1,000 Chinese investors.

The event was organized by the Infinity Investment Group with help from Israel’s Ministry of Economy and Industry.

The importance we see in China as a strategic partner has made China the country with the highest number of Israeli trade missions in the world in Beijing, Shanghai, Guangzhou, Hong Kong and from next week, Chengdu,” Lang said.

He also noted that Israel and China are in negotiations to establish a free-trade zone in an effort to remove any obstacles to trade as well as encourage investment opportunities between the two countries.

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CALIFORNIA: Health insurer Aetna to subsidize a ‘significant portion’ of Apple Watch, iPad and iPhone products for some customers for its for new app-oriented fitness tracking program – Engadget – @AceFinanceNews

#AceFinanceNews – Sept.29: Health insurer Aetna to subsidise a ‘significant portion‘ of Apple Watch, iPad and iPhone products for some customers for its for new app-oriented fitness tracking program – Engadget

http://engt.co/2dsBN5j

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GREECE: Was sold out by IMF and EU over obtaining a stake in the country and then selling off the family silver to the highest bidder as jobs and pensions pay the price Tsipras sold out his people – @AceFinanceNews

#AceFinanceNews – Sept.29: Greek privatization offers ‘returns of 15% or more’ for investors

The privatization of Greek assets offer some serious investment opportunities, according to a Greek real estate developer….

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MARKETS: Saudi riyal falls against the US dollar in the forwards market after the US Congress vote to allow relatives of September 11 attack victims to sue Saudi Arabia – Reuters – @AceFinanceNews

#AceFinanceNews – Sept.29: Saudi riyal falls against the US dollar in the forwards market after the US Congress vote to allow relatives of September 11 attack victims to sue Saudi Arabia – Reuters

http://dailym.ai/2d8J6jo

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