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Trade Secrets
A corporate tax fudge that keeps the trade show on the road Premium content
...Meanwhile, the pandemic virtually halted Japan’s homebuilding industry and lumber imports, but the country last year used up (Nikkei, $) a 48-year high of domestic lumber to burn for energy....
October 11, 2021
US economy
Corporations grapple with signs of overheating US economy
...A sharp increase in lumber prices has hurt home builders and DIY retailers, while clothing chains such as TJX have warned that driver shortages might keep freight costs “stubbornly high” all year....
May 20, 2021
FT Live
FTWeekend Festival: U.S. edition
Where the Financial Times weekend paper comes to life
Saturday, 4 MayThe REACH, at the Kennedy Center for the Performing Arts, F Street Northwest, Washington, DC, USA
News in-depthJoe Manchin
A Democrat in Trump country: Manchin threatens Biden’s spending spree
...Gordon Bowers, a local lumber grader who has long supported the senator, has started having doubts....
September 24, 2021
News in-depthConstruction sector
Wooden football stadium highlights rising demand for eco-friendly material
...But now governments and corporations worldwide are pushing to expand its use in bigger public buildings, homes and offices....
July 7, 2021
News in-depthNikkei Asia
China and green energy drive copper prices to record high
...In just one year, iron ore prices jumped 78 per cent and the benchmark price of lumber tripled. Prices of other metals such as nickel and aluminium have also risen....
May 30, 2021
LexDigital currencies
State digital currencies: defence of the realm Premium content
...In reality, central bankers must be equally scared of scenarios that lumber them with such responsibility....
March 8, 2021
FT Live
Global Private Banking Awards 2024
Celebrating excellence in wealth management
Thursday, 7 NovemberThe Landmark London, London, UK
Unhedged
Biden’s debacle dims the outlook for higher rates Premium content
...First, there are a lot of banks in America (4,987 are insured by the Federal Deposit Insurance Corporation)....
August 17, 2021
Lex
Best of Lex: price check Premium content
...Prices for everything from lumber, cars and homes are hitting record highs. Treasury yields are also back to pre-crisis levels....
April 30, 2021
News in-depthNikkei Asia
US red states’ love affair with Chinese investment Premium content
...“Textiles, paper mills, lumber mills, all these places in southern and eastern Arkansas,” said Mervin Jebaraj, director of the Center for Business and Economic Research at the University of Arkansas....
January 12, 2020
US trade
Lumber producers profit from record prices
...Share prices for the two largest Canadian lumber corporations, Canfor Corporation and West Fraser Timber Co Ltd, and Weyerhaeuser Co, the largest US producer, have all hit record highs this month....
June 25, 2018
US trade
US to impose tariffs on $200bn of Chinese imports
...Donald Trump kicked off the process of imposing tariffs on a further $200bn of imports from China, as the trade war between the two economic powers rapidly escalated, posing a challenge to US corporations...
July 11, 2018
FT AlphavilleCardiff Garcia
Further reading
...The Irish economy, home to the European headquarters of many of the major multinational IT and pharmaceutical corporations, became a poster child for globalization....
September 12, 2017
US trade
US companies review Papua New Guinea timber imports
...Japan’s Sojitz Corporation has also suspended wood purchases....
August 1, 2017
Life & Arts
Tokyo designers push the boundaries of wooden skyscrapers
...Takenaka and rival Kajima Corporation have complied, using domestic cedar for their fire-resistant lumber, but the majority of Japan’s construction companies and carpenters prefer to use imported wood, which...
July 3, 2015
US politics & policy
Detroit seeks a vision through the blight
...But the blocks behind Ms Turner-Handy’s are now an unkempt warren of overgrown vacant lots, crumbling houses and the flotsam of a city in decay: piles of lumber, crumpled furniture and twisted coils of wire...
September 8, 2014
FT Live
Commodities Asia Summit
Enabling decarbonisation in a time of disrupted trade flows
Wednesday, 6 NovemberSingapore
FT Magazine
China and the rosewood carve-up
...The lumber is sent to Cambodia, then Vietnam, then ultimately to China.” Rosewood and other luxury timbers have become a metaphor for a rapacious age in Southeast Asia....
February 27, 2015
FT AlphavilleEquities
Guest post: The precariat needs a basic income
...It could be built up as subsidies to the rich and to large corporations were phased out....
November 21, 2013
Fund management
The divine right of the imperial CEO
...One, Ellen Futter, president of the American Museum of Natural History, failed to attend the meeting. No explanation was offered....
May 26, 2013
Property sector
Taylor Morrison aims for $500m IPO
...The S&P 500 homebuilders index rose 13.5 per cent in the first quarter of the year, outpacing the broader benchmark of the US’s largest corporations....
April 1, 2013
Property sector
Labour shortage holds back builder Lennar
...Lennar Corporation said labour shortages and higher construction material and land costs were challenges for the US homebuilder even as it reported a surge in fourth-quarter earnings thanks to the country...
January 15, 2013
World
Loggers vie for a cut of Russia’s forests
...Others, including Denham Capital of the US, Japan’s Sumitomo Corporation and Canada’s TriNorth Capital, have made six-figure investments in the Russian forestry industry....
April 24, 2012
Personal & Household Goods
Corporate year in review 2012
...China Investment Corporation, the country’s $410bn sovereign wealth fund, is rumoured to be in talks to buy a London office park for £800m....
December 28, 2012
Material WorldVanessa Friedman
Pinault and Polet and YSL, oh my!
...Second, the evolution of PPR itself from a retail company to a luxury/lifestyle group (this after starting life in the lumber industry; they are the Madonna of corporations); and finally, the positioning...
February 17, 2011
Global Economy
Why a high-tax London is a disaster for Britain
...On the other hand, in a global economy, no prudent government will want to lumber itself with 1970s-style rates of personal income tax for a second longer than necessary....
March 16, 2011
Oil
Wolseley builds on positive review of exposure to US
...Lumber prices, a leading indicator for the US housing sector, have rebounded since June even as homes surveys showed weak demand, MF argued....
September 21, 2010

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