Hints and tips:
...“There’s just so many new [plants] going out,” said Gregg Lowe, chief executive of Wolfspeed, a semiconductor manufacturer that announced a $5bn factory in North Carolina last year....
...China: Property developer Sunac plans to hold a creditors’ meeting on its offshore debt restructuring....
...And here’s what else I’m keeping tabs on today: Company results: Devon Energy, Constellation Energy, Lowe’s, JM Smucker, Norwegian Cruise, and Macy’s report earnings before the bell....
...British Retail Consortium’s February Shop Price Index US: January durable goods orders data Results: Abrdn FY, AES Corp Q4, Agilent Technologies Q1, ASM International Q4, Bouygues FY, Coface FY, eBay Q4, Lowe...
...Several retailers also update investors on their recent financial performance, including Lowe’s, Best Buy, Dick’s Sporting Goods, Burlington Stores, Abercrombie & Fitch, Kohl’s and Nordstrom....
...Market Committee releases minutes from its October meeting Results: Abercrombie & Fitch Q3, Analog Devices Q4, AO World HY, Autodesk Q3, Baidu Q3, Best Buy Q3, Cranswick HY, CRH trading update, HP Q4, Lowe...
...Reserve Bank of Australia governor Philip Lowe delivers a speech on the economy, while the Reserve Bank of New Zealand holds a monetary policy review....
...After all, notes Richard Lowes at Exeter University, atmospheric heat correlates rather handily with the availability of solar power....
...China’s cathode billionaire targets US battery market via South Korea IPO....
...UK prime minister Liz Truss gives a speech on the state of the British economy at an Institute for Government online event Michele Bullock becomes Reserve Bank of Australia governor, succeeding Philip Lowe...
...Sunday Australia: Philip Lowe steps down as Reserve Bank of Australia governor....
...Singapore’s sweet spot between the US and China is also under question as more mainland Chinese cash and influence seeps out of China and into Singapore....
...“PEM might help in some areas, but it’s not necessarily an immediate fix,” said Sam Lowe, trade expert at consultancy Flint Global....
...“They have been raising it,” said Sam Lowe, a trade expert and partner at Flint Global. “The CPTPP is a rules-based group and very respectful of order....
...Q2, John Wood Group H1, Kingsoft Q2, Lowe’s Q2, Macy’s Q2, Medtronic Q1, Redbubble FY, SFC Energy H1, Toll Brothers Q3....
...Kate Duguid How will China’s PMIs move markets?...
...China is worried that new Japanese export controls could cripple the country’s chipmaking industry....
...“There are different constituencies, with different priorities here,” says trade expert Sam Lowe of Flint Global, noting that the battery and chemicals sectors stand to benefit from this onshoring....
...(See excellent explanations of the context by my FT colleague Helen Thomas and longtime Trade Secrets favourite “Big Sam” Lowe.)...
...As Sam Lowe points out in his Most Favoured Nation newsletter, one plus point of the deal for the UK is the relatively generous rules of origin....
...Sam Lowe, trade expert at consultancy Flint Global, said it was clear that neither EU or UK manufacturers had the domestic manufacturing capacity to meet the 2024 rules of origin requirements....
...Britain might not be the biggest producer of strawberries — that prize goes to China — but it is surely the most famous place to eat them....
...As well as CPTPP members such as Canada seeking to wring concessions from the UK, they also have one eye on China’s accession process, Lowe added, and are wary of granting the UK membership without full...
...They’re still pretty inconsequential even if more countries in the region join (unless China gets in, but that really is a long game)....
...Sam Lowe, a partner at consultancy Flint Global specialising in trade, said it was “difficult to see” how freeports would become a problem between the EU and UK....
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