SINGAPORE Homme Nike Air Max 97 Ultra '17 Blanche Pas Cher , Aug. 18 (Xinhua) -- Singapore shares closed 0.52 percent lower on Friday, as renewed concern over U.S. President Donald Trump weighed on investors' sentiment.
U.S. markets had been in turbulence lately amid growing worries over Trump's ability to deliver his economic agenda such as tax cuts and infrastructure spending, following the exodus of executives from two prominent Trump-led business councils in reaction to his response to clashes last weekend in Charlottesville, Virginia.
Maybank-Kim Eng Research said, "Technically, next support for Straits Times Index is at 3,190 points Femme Nike Air Max 97 Blanche Pas Cher , with former support-turned-resistance at 3,275 points."
Singapore's benchmark Straits Times Index fell 16.89 points to 3,251.99 points. Trading volume was 1.84 billion shares worth 1.17 billion Singapore dollars. Decliners outnumbered advancers 238 to 178.
China Everbright Water shed 2.2 percent to 45 Singapore cents. It clinched two waste water treatment upgrading projects in Shandong, China, worth 41 million Chinese yuan. The first project is a 27-million-Chinese yuan treatment project in the Binzhou Development Zone, while the second is for 14 million Chinese yuan upgrading works at Ju County, Chengbei.
OCBC Bank inched down 1.3 percent to 11 Singapore dollars. It acquired 680 Femme Nike Air Max 97 Ultra Metallic Or Pas Cher ,000 shares in Great Eastern Holdings for 24.90 Singapore dollars apiece on August 17. This raised its stake in its insurance arm to 87.9 percent from 87.75 percent.
Among top gainers, Best World International jumped 15.5 percent to 1.195 Singapore dollars, whereas Jardine Matheson became one of the top losers by falling 0.5 percent to 65.20 U.S. dollars. (1 U.S. dollar equals to 6.678 Chinese yuan and 1.37 Singapore dollars)
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TALKS on restarting US beef exports to China are moving fast and final details should be in place by early June, according to the US Department of Agriculture, allowing American farmers to vie for business lost by rival Brazil.
As part of the deal, US ranchers are set to halt the use of growth-promoting drugs to raise cattle destined for China and to log the animals’ movements Femme Nike Air Max 97 Blanche Rouge Pas Cher , USDA said.
The two sides are negotiating to meet a deadline, set under a broader trade deal last week, for shipments to begin by mid-July.
Finalizing technical details in early June should mean beef companies, such as Tyson Foods Inc and Cargill Inc, can sign contracts with Chinese buyers to meet the deadline, USDA said.
China banned US beef in 2003 after a US scare over mad cow disease. Previous attempts by Washington to reopen the world’s fastest-growing beef market failed. But now, the quick progress of the latest talks is raising US farmers’ hopes.
“Both sides feel the urgency to get it done by the deadline Homme Nike Air Max 97 Wheat Or Pas Cher ,” said Joe Schuele, spokesman for the US Meat Export Federation, which represents Tyson, Cargill and other meat companies.
The timing of the new deal comes as Brazil, the world’s top beef exporter, is mired in scandal and rival shipper Australia is suffering from a drought that is hurting production, analysts said.
China accounted for nearly a third of the Brazilian meat packing industry’s US$13.9 billion in exports last year.
But in March Homme Nike Air Max 97 VaporMax Blanche Rouge Pas Cher , China briefly banned Brazilian imports after police there accused inspectors of taking bribes to allow sales of rotten and salmonella-tainted meat. JBS SA, the world’s largest meatpacker, was involved in the probe and in separate allegations that Brazil’s president conspired to obstruct justice with the company’s chairman.
The food-safety probe hit Brazil’s beef exports, which fell by 24.6 percent to US$378 million in April from March, according to an industry group that represents meat processors accounting for 90 percent of Brazil’s exports.
“This is a very opportune time for the US to step up,” said Derrell Peel, an agricultural economist at Oklahoma State University.
China’s appetite for beef has climbed in recent years. In 2003 Homme Nike Air Max 97 Blanche Grise Pas Cher , imports totaled just US$15 million, or 12,000 tons, including US$10 million from the United States, according to USDA.
To reopen US trade, China has accepted a US proposal in principle that would require producers to document locations where cattle raised for beef exported to China are born and slaughtered, USDA said. The system would be less onerous than tracking cattle throughout their entire lives Homme Nike Air Max 97 Blanche Rouge Pas Cher , during which they can be kept at up to four different locations.
Under another rule, US beef exported to China must be raised without a class of growth-enhancing drugs known as beta-agonists that includes Elanco’s Optaflexx.
US beef shipments to China will also have to come from cattle under the age of 30 months, according to USDA. Most US cattle will meet that requirement, the US Meat Export Federation said.
The terms of the deal are a win for the United States over Canada, which is approved to ship only frozen beef to China.
China already bans meat from Canadian cattle fed with Optaflexx.
HONG KONG, Sept. 12 (Xinhua) -- Hong Kong stocks closed up 17.11 points, or 0.06 percent Nike Air Max 98 Grise Rouge Pas Cher , to 27,972.24 points on Tuesday.
The benchmark Hang Seng Index traded between 27,883.83 and 28,071.54. Turnover totaled 89.92 billion Hong Kong dollars (about 11.51 billion U.S. dollars).
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