Funding & Business
Donald Trump Taunts Nicolas Maduro With US Navy on Venezuela Coast
The White House calls its decision to send naval forces and 4,000 troops off the coast of Venezuela a drug-interdiction effort. The move has also prompted speculation that President Donald Trump may be preparing something more aggressive against the country’s leader, Nicolas Maduro.
The deployment of the Iwo Jima Amphibious Ready Group and 22nd Marine Expeditionary Unit gives the US the capability to attack targets on land — a much different specialty than that possessed by the nimble Coast Guard cutters and high-speed boats that normally intercept South American cocaine.
China’s factory activity remained stuck in contraction in August, as a government crackdown on price wars holds back production offset the boost for manufacturers of the US’ extended trade truce.
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While Chinese stocks traded in Hong Kong climbed for a fourth straight month, derivatives wagers show investors are skeptical about the market.
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Sales of corporate bonds to Japan’s mom and pop investors are booming, on track to surpass last year’s record as bigger returns draw buyers looking to protect their savings from inflation.
Well-known names such as railway operator Keio Corp. and supermarket giant Aeon Co. are among those tapping the retail bond market, with the latter selling its debut retail bond on Friday.
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