Daily Outlook - Sept 14
Anniversary and Obama; China-U.S. Trade Friction; Think Globally
Obama aims to reinvigorate Wall Street reform
President Barack Obama will try on Monday to revive a stalled push for stricter oversight of Wall Street, using the anniversary of Lehman Brothers' collapse to argue for sweeping regulatory changes. Read Full Article here.
U.S. tire duties fuel trade tension with China
A U.S. decision to impose special duties on Chinese tires could open the door to a host of trade complaints against Chinese products, creating tensions as Western nations seek Beijing's support at the G20 meeting. Read Full Article here.
Investors should think global, execs say
The severity of the U.S. financial crisis exposed investors' need to whittle down a dependence on dollar-denominated assets and diversify globally, two of Wall Street's most influential figures said on Sunday. Read Full Article here.
Big mood shift seen in year after Lehman
U.S. stocks are poised to repeat their advance this week as investors bet that the economic recovery is gaining strength and company outlooks are turning rosier. Read Full Article here.
State aid to Magna-led Opel draws European scrutiny
Germany's plan to provide 4.5 billion euros ($6.5 billion) in state aid to Opel threatened on Monday to spark a political storm across Europe over where the carmaker was likely to cut plants and jobs. Read Full Article here.
JAL shares jump on American Airlines, Delta talks
Shares in Japan Airlines jumped 8 percent on Monday on news American Airlines and Delta Airlines are considering rival investments in the struggling carrier to secure partnership ties and boost revenue from Asia. Read Full Article here.
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