BitGou: Wednesday Morning Briefing: Wall Street embraces Trump's poker face

2018年3月28日星期三

Wednesday Morning Briefing: Wall Street embraces Trump's poker face

Highlights

To Wall Street money managers who make bets for a living, Trump’s aggressive stance against China on trade looks like a high-stakes poker hand - but they believe they can play it for all it’s worth. Investors remain concerned about a trade war between the world’s two largest economies, but some big players are sanguine about their prospects to make money even as they try and dissect Trump’s strategy on trade.

A little-known former prosecutor with a doctorate in medieval history will play a central role on Trump’s legal team, as many top-tier lawyers shy away from representing him in a probe into Russia’s meddling in the 2016 election. Read our exclusive.

Middle East ride-hailing app Careem is in early talks to raise as much as $500 million in new funds from investors, sources told Reuters. Careem, Uber’s rival in the region, is checking the appetite of potential investors and hopes to secure its targeted $500 million in a new funding series.

World

Robots have the run of Tokyo's Shin-tomi nursing home, which uses 20 different models to care for its residents. The Japanese government hopes it will be a model for harnessing the country's robotics expertise to help cope with a swelling elderly population and dwindling workforce.

Months of frosty relations between China and North Korea appeared suddenly to thaw with Kim Jong-Un’s secretive trip to Beijing, which saw the Chinese capital go into security lockdown as the mysterious North Korean delegation toured the city. Kim’s visit, countering what had been growing estrangement between the Cold War allies, is likely to bolster Pyongyang’s leverage going into a planned summit between Kim and Trump.

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Book excerpt: The untold story of Martin Luther King, Jr. and Robert F. Kennedy. As the 50th anniversary of Martin Luther King, Jr.'s assassination approaches, author David Margolick examines the untold story of King's relationship with Robert F. Kennedy during their struggle for civil rights in America. "They’d become allies, but never had they been friends,” writes Margolick in the first of three excerpts from "The Promise and the Dream."

Sarah Dadouch

@SarahDadouch

A missile attack this week on Riyadh has raised the risk of an escalation in the Yemen war in a region riven with interwoven conflicts, but a direct confrontation between arch-foes #SaudiArabia and #Iran still appears unlikely, https://reut.rs/2uwAGue

11:38 PM - MAR 28, 2018

Brexit and the city

Tracking the fortunes of London's financial districts

While London represents one of the greatest concentrations of financial wealth on earth, about a third of the transactions on its exchanges and in its trading rooms involve clients in the European Union. Is London’s position as the largest international center of finance slipping as a result of Brexit? Reuters assesses the fortunes of the City through a series of indicators that suggest signs of a slowdown, but no transformative decline.

10 Min Read

5,000 UK finance jobs may be moved by Brexit, half earlier forecast

The number of finance jobs to be shifted out of Britain or created overseas by March 2019 due to Brexit has dropped by half compared to six months ago to 5,000 roles, firms employing the bulk of UK-based workers in international finance told Reuters.

8 min read

Food for thought from London dining room

Diners are still flocking to the elegant, glass-domed dining room at 1 Lombard Street, despite uncertainty about London’s future after Britain exits the European Union next year. But the restaurant’s owner, former banker Soren Jessen, says Brexit is hampering his ability to hiring qualified staff.

5 min read

A year away from Brexit, Britons' views remain as entrenched as ever

Despite Brexit dominating discussions in parliament and the pages of newspapers, voters’ views seem entrenched as ever. “People now think of themselves as Leavers or Remainers and see developments from that perspective,” Sara Hobolt, a professor of politics at the London School of Economics, told Reuters. She estimates that 80 to 90 percent of Britons have not changed their minds since 2016.

5 min read