financializer news A weblog highlighting financial topics making news in the international media.

block agreement: Brazil, India and China were singled out as acting to block agreement on article 6, as ministers from the Alliance of Small Island States AOSIS warned that their countries would suffer most if there was no decision, according to The Guardian. Simon Stiell, Grenada's environment minister, speaking for AOSIS, urged all parties to reach a compromise. The talks, which had been due to end on Friday, dragged on with negotiators still battling on Saturday to salvage a result, as governments wrangled over the details of a seemingly arcane issue carbon markets, governed by a provision of the 2015 Paris agreement known as article 6. Our countries will be rendered uninsurable if we breach 1.5C warming, he said. Brazil's rightwing president, Jair Bolsonaro, is hostile to the Paris agreement, and is accused of paving the way for devastating fires set by ranchers in the Amazon, but the government is still officially a party to the UN talks. There was a widespread view among delegates that Brazil was refusing to compromise on article 6 as a means of holding up implementation of the Paris accord. (news.financializer.com). As reported in the news.

climate neutrality: Poland, which relies on coal for 80% of its electricity, is angling for more precise and generous commitments of EU funds to move away from fossil fuels before it agrees to implement the target, according to The Guardian. Poland will be reaching climate neutrality at its own pace, Morawiecki said. The Polish prime minister, Mateusz Morawiecki, told journalists he had secured an exemption for Poland on the 2050 target, which is meant to become the legally binding centrepiece of the European Green Deal a plan to transform Europe's economy announced two days ago. Q&A What is the European Green Deal Show Hide The European Green Deal is the EU's answer to what the European commission's new president, Ursula von der Leyen, called the existential issue of the climate emergency. As well as the long-trailed goal of enshrining in law a climate-neutral Europe by 2050, the plan will propose cutting greenhouse gas emissions by at least 50% by 2030 compared with 1990 levels . The current target is 40%Making trade deals only with countries that stick to their climate targets under the Paris agreement Energy efficiency and renewable energy laws will be tightened up to reflect the more demanding climate targets To avoid penalising European steelmakers and other industry who are cleaning up their act, non-EU competitors importing energy-intensive goods could face a tax, known as a carbon border adjustment mechanism Using EU funds to develop a zero carbon steel industry by 2030. Most EU countries have signed up to goal of a climate neutral EU by 2050, a goal demanding dramatic change in energy use, farming, housing, transport, trade and diplomacy. (news.financializer.com). As reported in the news.

december debate: It includes one person of color entrepreneur Andrew Yang, according to CNN. The announcement comes amid a labor dispute that has threatened to derail planning for the debate at Loyola Marymount University. The Democratic National Committee on Friday unveiled the list of seven candidates who met the polling and fundraising minimums to qualify for the December 19 debate in Los Angeles. The food workers' union has said it plans to picket the debate, and all seven candidates invited to participate said Friday they will not cross the picket line. New Jersey Sen. The DNC said Friday afternoon it is working with all stakeholders to find an acceptable resolution that allows the debate to go on without expecting candidates to break with the union. (news.financializer.com). As reported in the news.

management: The awards won by GTJA are namely the 2019 Golden Bull Securities Company the 2019 Golden Bull Investment Banking Team the 2019 Golden Bull Wealth Management Team and the 2019 Golden Bull Asset Management Team . In the past two years, GTJA has achieved all-round development in equities, bonds, mergers & acquisitions, new third board China's National Equities Exchange and Quotation and other businesses, according to Xinhua China. Besides, its market influence kept expanding. The golden bull prize, a financial brand built by China Securities Journal, has become the most influential prize in China's capital market involving public offering funds, private equity funds, listed companies, securities industry analysts, overseas funds and other sectors. By September 2019, the company's stock underwriting amount reached 372.3 billion yuan, ranking fourth in the market. In recent years, GTJA has provided more than 12.86 million clients with market transaction, market information, financial consulting and other services. In particular, its businesses in stocks, corporate bonds and financial bonds ranked third in the industry. (news.financializer.com). As reported in the news.

news events: The system included the creation of a new code to attach to some China stories, called Restricted News, according to Xinhua China. As a result, Refinitiv's customers in China have been denied access to coverage of one of the biggest news events of the year, including two Reuters reports on downgrades of Hong Kong by credit-rating agencies. Internal Refinitiv documents show that over the summer, the company installed an automated filtering system to facilitate the censoring. As anti-government demonstrations engulfed Hong Kong in August, Reuters broke a sensitive story Beijing had rejected a secret proposal by city leader Carrie Lam to meet several of the protesters' demands in a bid to defuse the unrest. A state-run newspaper denounced the story as fake and shameful. The story buttressed a main claim of the protesters, that Beijing is intervening deeply in the affairs of the semi-autonomous city. (news.financializer.com). As reported in the news.

investment plan: But Poland remained against. ; The tussle came a day after Germany's Ursula von der Leyen, the new head of the bloc's executive European Commission, proposed a 100 billion 110 billion investment plan for net-zero greenhouse gas emissions by midcentury, declaring it Europe's man on the moon moment, according to The Japan Times. With fires, floods and droughts ruining millions of lives around the world, the European Union's new push comes as popular protest demanding more action to fight climate change spreads around the bloc. The Czech Republic and Hungary eventually dropped their resistance after winning a guarantee that nuclear energy would be recognized as a way for EU states to reduce greenhouse gas emissions. Von der Leyen said the Brussels summit deal, reached in the wee hours of Friday by 27 national EU leaders, was enough for the commission to start rolling out concrete climate legislative proposals for the bloc next year based on the 2050 goal. It needs more time to go through the details, but this will not change the time frame for the commission. RELATED STORIESU.N. head Guterres warns against 'survival of the richest' at climate talks in Madrid We acknowledge that the transition is a big one for Poland, she said. (news.financializer.com). As reported in the news.

price range: Earlier this month, it had aimed to sell 36 million ADS at a price range of 12 to 14 per share, but Wednesday it lowered the range to 9 to 10 and set a goal of selling 26 million ADS. ; The 3.7 billion valuation is well below its 7.5 billion mark last year when the company raised 750 million in its maiden funding round from investors including Soft Bank Corp. and financial firm SBI Group, according to The Japan Times. The float comes as tech investor Soft Bank smarts from the abandoned share sale of major portfolio firm WeWork, as well as its first quarterly loss in 14 years, dragged down by an 8.9 billion hit at its giant Vision Fund, through which it invested in One Connect. OneConnect sold 31.2 million American depositary shares ADS at 10 each. OneConnect had revenues of 1.55 billion yuan 220.2 million in the first nine months of 2019, up 72 percent from the year-ago period, but losses widened to 1 billion yuan from 579 million yuan. OneConnect, which provides technology solutions to small and medium-sized financial institutions, was eyeing a valuation of about 8 billion and an IPO of up to 1 billion, sources said in June. RELATED STORIESSoft Bank and University of Tokyo to open business-oriented AI research centers Soft Bank's new tech fund to fall shy of target, Telegraph reports Soft Bank will have 'last laugh' on WeWork deal, analyst predicts In 2019, U.S. investors have been reluctant to back companies going public with large losses, and shares of money-losing companies like Uber Technologies Inc. and Lyft Inc. have struggled since their IPOs. (news.financializer.com). As reported in the news.

stocks: With 10-year U.S. Treasury notes TMUBMUSD10Y, 0.00% yielding 1.80%, the 1.90% dividend yield for the entire S&P 500 index SPX, 0.01% looks pretty good, considering that you should also expect your share prices to rise over the long term, according to Market Watch. A different performance trend for Wall Street's favorite dividend stocks In our recent series listing Wall Street analysts' favorite large-cap, midcap and small-cap stocks for growth in 2020, we've seen a repeat pattern Many of them are expected to bounce back after underperformance relative to the broad indexes this year. This means the money flow continues to support U.S. dividend stocks. Mark Hulbert explained that the worst stocks in a given year tend to rebound the following year. So if you are interested in any of the stocks on the following list, keep in mind that you are not looking at a list of recovery plays. But with the dividend stocks we see something different all but two of the 28 stocks listed below have had positive returns this year with dividends reinvested and all but six have seen double-digit returns. (news.financializer.com). As reported in the news.

talks: Washington's recent positive attitude toward trade talks with China, evident in its reported plan to roll back existing tariffs and cancel those due on December 15, shows it finally understands Beijing's firm stance and principles - a breakthrough for trade talks to press ahead, officials and experts close to the Chinese government said, according to Global Times China. Judging from various reports, if they are reliable, it seems as though Washington has formed an understanding of China's stance in facilitating the trade talks - the scrapping of tariffs. Photo VCG Although Chinese authorities have not yet released any information on the progress of the trade talks, US media have been full of speculation over a tentative trade deal between the two countries. This is a key step. This is truly the right way to make a deal, Wei noted. When Washington knows the cards Beijing holds, it can make an offer that lives up to the hopes of both sides and head toward a common goal, Wei Jianguo, former Chinese vice minister of commerce, told the Global Times on Friday. (news.financializer.com). As reported in the news.

veronica hamilton-deeley: Veronica Hamilton-Deeley the coroner at the inquest ruled that was because workers were being asked to use equipment that was not fit for purpose with one key factor the decision to speed up the building of the stadium's roof, according to The Independent. Download the new Indpendent Premium app Sharing the full story, not just the headlines Download now Cox's tragic fall was both the only death suffered by a westerner and the only death that actually took place inside a stadium in the construction work for Qatar 2022, but that in turn should put even more focus on the fatalities of so many migrant workers where the details are scandalously scarce. If you look at a certain spot in the structure, it is where worker Zachary Cox fell head-first 130 feet to his death in 2017, after an inherently unsafe hoist had snapped. A further tragedy is that we have no clue how many have died in total. Either way, the true price for venues like Khalifa International Stadium appears to have been many lives. The Qataris have not released the figures. (news.financializer.com). As reported in the news.

pound: Friday was the biggest day of trading on the FTSE 100 the index of Britain's biggest listed businesses since June 2017 as more than double the usual number of shares changed hands, according to The Guardian. The pound initially rose by more than two cents against the dollar to above 1.35, before paring some of those gains to trade at about 1.33 late on Friday as traders digested the Tory victory. Shares in companies that had been earmarked by the Labour party for nationalisation, including energy and utility firms, rallied after voters opted to back another five years of Tory government. The euro also rallied by a similar amount, before slipping back slightly to trade around 1.20. British billionaires, including high-profile Brexit backers and Tory donors, had a bumper day, as the FTSE 100 closed up by more than 1% on Friday and the more domestically focused FTSE 250 surged by about 3.5%. The combined value of the biggest 350 companies rose by about 33bn as stocks rallied on the election result, while the rising chance of a resolution in the US-China trade war also buoyed equities. Market watchers in the City of London viewed the result as positive because it ended parliamentary gridlock and the risk of a disorderly Brexit, while avoiding the Labour party's plans for a comprehensive restructuring of the UK business landscape. (news.financializer.com). As reported in the news.

blog: Schorsch is also the publisher of INFLUENCE Magazine, according to MSNBC. For several years, Peter's blog was ranked by the Washington Post as the best state-based blog in Florida. Lobbying & u2014 The morning read of what u2019s hot in Florida politics u2014 ready for an espresso shot of Florida politics and Schorsch is the President of Extensive Enterprises and is the publisher of some of Florida u2019s most influential new media websites, including Florida Politics and Sunburn, the morning read of what u2019s hot in Florida politics. In addition to his publishing efforts, Peter is a political consultant to several of the state u2019s largest governmental affairs and public relations firms. 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sunday: Krux function var var ; Skip to main contentsign up for Room State Watch Latino Polls12 30 Report Politics 101Floor Action In The Know Sunday Talk Shows Policy Defense Energy & & a contributor Congress & Security Sunday Shows Events Lawmaker Events Past UsFacebook Twitter Linked In The Hill 1996-2019 News Communication Terms & Conditions Privacy Policy Top Room State Watch Latino Polls12 30 Report Politics 101Floor Action In The Know Sunday Talk Shows Policy Defense Energy & Blog All Contributors - Campaign- Civil Rights- Criminal Justice- Education- Energy & Environment- Finance- Healthcare- Immigration- International- Judiciary- Technology- White House- Become A America Twitter Linked In Search form Search Donald Trump ImpeachmentUSMCA ; Richard Haass to Scarborough Thursday 'one of Donald Trump's best days as president'By Joe Concha - 12/13/19 01 06 PM EST ; function var linkedin Script El if linkedin Script El null var share Linkedin El var script El script El.src script El.async true; script El.innerHTML lang en US ; ; Getty Images Veteran diplomat Richard Haass called Thursday one of Donald Trump Donald John Trump Democrats ask if they have reason to worry about UK result Trump scramble to rack up accomplishments gives conservatives heartburn Seven years after Sandy Hook, the politics of guns has changed MORE's best days as president, citing a trade deal with China, a rising stock market and the victory of British Prime Minister Boris Johnson's pro-Brexit Conservative Party, according to MSNBC. You said something on the break that was fascinating, that was you thought yesterday may have been one of Donald Trump's best days as president. 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Why MSNBC Morning Joe co-host Joe Scarborough Charles Joe Joseph Scarborough Richard Haass to Scarborough Thursday 'one of Donald Trump's best days as president' Scarborough rips GOP over Ukraine conspiracy theories It's the aggressive progressives vs. the pragmatic moderates MORE asked Haass, the president of the Council on Foreign Relations and a frequent critic of Trump. The stock market went up dramatically, showing the economy's in decent shape, Haass said, noting the Dow Jones closing on Thursday at an all-time record high. Haass is a frequent Morning Joe guest. (news.financializer.com). As reported in the news.

tit-for-tat tariffs: Beijing's silence, however, raised questions over whether the two sides can agree a truce in their trade war before a new round of tit-for-tat tariffs takes effect on Sunday, according to Nine News Australia. A source briefed on the status of bilateral negotiations said the United States would suspend tariffs on US160 billion A231 billion in Chinese goods expected to go into effect on Sunday and roll back existing tariffs. To improve your experience update it here News WorldUS sets trade deal terms but Beijing mum By AAP7 58pm Dec 13, has set its terms for a trade deal with China, offering to suspend some tariffs on Chinese goods and cut others in exchange for Beijing's buying more American farm goods, US sources says. In return, Beijing would agree to buy US50 billion in US agricultural goods in 2020, double what it bought in 2017, before the trade conflict began, two US-based sources briefed on the talks said. Neither Washington nor Beijing made official statements about a deal, however, raising questions about whether the terms had been agreed by both sides. China's yuan jumped to a four-and-a-half-month high against the US dollar and Chinese shares rallied on Friday on hopes the two sides will avoid further escalation of the trade war. (news.financializer.com). As reported in the news.

vlad tenev: The extreme disruption even prompted the blockbuster merger of industry leaders Charles Schwab SCHW and TD Ameritrade AMTD . Robinhood, the zero-commission online broker that recently surpassed 10 million users, is celebrating the rapid change it helped usher in, according to CNN. Robinhood pioneered commission-free investing in stocks, Vlad Tenev, Robinhood's co-CEO, told CNN Business. Established players were forced to rewrite their business models by abolishing commissions. We can be really proud of not just creating a world where our own customers don't pay commissions, but customers of other brokerages have benefited as well. It's now viewed as a potential candidate to go public in 2020. Robinhood launched six years ago with a no-commission promise and a desire to focus on millennials. (news.financializer.com). As reported in the news.

beaver prototype: The propeller aircraft, a six-passenger de Havilland DHC-2 Beaver prototype, was powered by a magniX magni500 electric motor and piloted by Harbour Air Chief Executive Officer Greg McDougall. ; The test was far more than the laboratory exercises we've seen in the past, said Robert Mann, the New York-based head of aviation consultancy R.W. Mann & Co, according to The Japan Times. It's a real serious, practical test. The neon-green and indigo-blue seaplane took off from the Fraser River in Richmond, British Columbia, as a small crowd cheered from the dock on Tuesday morning. Harbour plans to spend the next two years getting its new plane approved for commercial flight. There are about 170 programs on electrically propelled aircraft in development worldwide, up 50 percent since April 2018, according to the consulting firm Roland Berger. The carrier, which flies to a dozen destinations on the West Coast, has 53 planes and 450 employees spread between British Columbia and Seattle. (news.financializer.com). As reported in the news.

boiler-room operation: It is by far the most efficient Solar Panel ever created, is only about the size of a Fed Ex Envelope, and can generate electricity even in the kind of dark and cloudy weather you see in Scandinavia, according to Market Watch. There's just one problem, authorities say. Nanotech Engineering of Irvine, Calif. says its last generation solar panel is a lightweight, stronger than steel yet flexible Solar Panel that is more than three times more efficient than traditional solar. The Securities and Exchange Commission says Nanotech Engineering and the Nanopanel are fraudulent hooks in a multimillion-dollar boiler-room operation running across the country from Alaska to Florida. About 2.4 million of the 9.4 million raised from investors has been misappropriated, the Commission says. Instead of developing new generation solar panels, Nanotech executives Michael Sweaney, David Sweaney and Jeffery Gange have allegedly been spending investors' money on yachts, fancy clothes, tens of thousands of dollars of cosmetic surgery, dermatology, and spa treatments, and even thousands of dollars on vaping products and tobacco, the SEC said. (news.financializer.com). As reported in the news.

employees ability: OSHA inspectors found several violations affecting employees' ability to evacuate safely in the event of a fire or other emergency, according to a release from an OSHA spokesman, according to The Independent. The agency cited the company for obstructed and inadequate exit routes, lack of proper exit signage, failure to update the facility's emergency action plan, poor housekeeping, lack of stair rails and improper use of energized electrical cords. The citations follow a late spring inspection of the Carroll's Way processing facility by the Occupational Safety and Health Administration OSHA . The inspection found 11 violations that range from serious to repeat offenses, and include blocked exitways, exposure to toxic chemicals, unmaintained fire extinguishers and loose electrical cords. Under a federal act signed into law in 1970, employers nationwide are responsible for maintaining safe and healthful workplaces for their employees. The hazardous conditions at this UPS facility can impede a worker's ability to promptly exit in an emergency, placing them at risk for serious or fatal injuries, said OSHA Braintree area director James Mulligan in a statement. OSHA is a governmental body tasked with enforcing those labor standards, among other duties. (news.financializer.com). As reported in the news.

bird: The species is still endangered, but its revival is a conservation success in China, in which Qiu Guoqiang, an expert on the crested ibis, plays his role in East China's Zhejiang Province, according to Global Times China. The crested ibis is believed to have existed for 60 million years and commonly settled in China, the Korean Peninsula Japan and Russia until the 1960s. Photo Yang Hui/GT China made a miracle in saving and protecting giant pandas from the verge of extinction, and now the miracle is repeated for the crested ibis, which is also known as an auspicious fairy bird or beauty bird in Asian culture. Bird conservationists attribute pesticides, fertilizers, hunting, environmental and ecological reasons for bringing the birds to the brink of extinction. Yet the controversial practice turned out to be a failure, as the birds didn't survive. Since the crested ibis became extinct on the Korean Peninsula and in Russia in the 1970s, the last spotted six crested ibises in Japan were believed to be the last group of the species on earth, and the Japanese government decided to put them in captivity in 1981 for better protection. (news.financializer.com). As reported in the news.

chinese experts: Chinese experts noted that publishing such an article at this time, a month ahead of Taiwan's regional election, showed that no matter which political party, pro-status quo or pro-secessionist, wins the election next year, the principle and grand strategy that the mainland holds won't change, and the mainland has enough confidence and strength to dominate and actively shape the process of reunification regardless of what happens inside the island and what the US does to interfere, according to Global Times China. The People's Daily on Thursday published an article by Liu Jieyi, head of the Taiwan Work Office of the CPC Central Committee and the Taiwan Affairs Office of the State Council, titled Firmly advance the process of peaceful reunification of the motherland. Photo Xinhua A senior Chinese mainland official responsible for Taiwan affairs published an article in the flagship newspaper of the Communist Party of China CPC Thursday to expound on plans to realize reunification, the same day the US House of Representatives passed the 2020 National Defense Authorization Act which includes parts related to the Taiwan question. The article reflected the thorough study and implementation of the Fourth Plenary Session of the 19th CPC Central Committee on the Taiwan question. The development of the mainland is fundamentally determining the direction of the cross-Straits relationship On the strength comparison between the two sides of the Straits, the mainland has realized comprehensive and overwhelming advantage toward Taiwan, he said. Liu said in the article, peaceful reunification, the 'one country, two systems' principle is the basic policy for solving the Taiwan question and the best way to achieve national reunification. (news.financializer.com). As reported in the news.

impeachment process: Well, here we are looking at articles of impeachment we always knew were coming, according to The Independent. The moment we learned Democrats would hold the House majority in the 116th Congress, it was inevitable we would be here, marking up articles of impeachment against President Trump.I thought we'd be somewhere else namely, the Judiciary Committee hearing room, where so much history has happened. Chairman. The Nixon and Clinton impeachment proceedings, for example. This impeachment process has trampled on the time-honored precedents and traditions of the House, so I suppose it's fitting we're not besmirching our historic Judiciary hearing room with this. The speaker, however, decided it was more important to pack in as many cameras as possible. (news.financializer.com). As reported in the news.

large-cap stocks: Part 2 covers mid-cap stocks and part 3 covers small-caps, according to Market Watch. What a difference a year makes. This article covers large-cap stocks. At this time in 2018, investors were in the midst of a crumbling stock market on fears of an impending recession. With hourly wages continuing to rise at a faster rate than the economy is growing, and unemployment at its lowest rate 3.5% in 50 years, Goldman Sachs recommended investors focus on companies with low labor costs relative to revenue. Fast-forward to Dec. 9, 2019, and the S&P 500 Index SPX, 0.01% was up 27.5% for this year, while the Dow Jones Industrial Average DJIA, 0.01% was up 22.5%. The estimated GDP growth rate for the third quarter was 2.1%, and the November employment figures were full of very good news. (news.financializer.com). As reported in the news.

bombers: The fact is these crews, yes, they're tired, but they also want to be out there defending their communities And I thank them all for what they're doing, particularly all those who support them, according to The Guardian. Bushfires Coalition responds to calls for more water bombers with 11m aerial firefighting boost Read more He said the government was not considering professionalising the service, and he did not address concerns that crews were crowdsourcing donations for food, water and equipment. In response to questions from Guardian Australia on Tuesday, Morrison dismissed concerns that the New South Wales Rural Fire Service, the largest volunteer firefighting force in the world, was being stretched beyond endurance by the unprecedented scale of the bushfires. Morrison's words prompted fury among firies and their families who contacted Guardian Australia, many of whom asked to remain anonymous. Whether it's wanton, wilful or plain stupidity, it's a failure to recognise that things are not what they used to be. Volunteer firefighter Stuart said You've got an incurably giving, altruistic group of people donating hard strenuous labor, at high cost to themselves and we've got a PM that's quite happy to say we'll work them till they break. (news.financializer.com). As reported in the news.

market size: Compared with the world's developed economies, China's stock and bond markets are far from fully developed, according to Global Times China. It is difficult at present to fathom the growth potential of the investment sector once it sees an influx of capital from both home and abroad. Opportunities abound as the sector has now opened to foreign institutions. However, not every foreign financial institution can tap into China's financial market. The 17-month-long, relentless trade war Washington has forced on China has taught the US one thing China's market size must not be taken for granted or despised. Naturally, entities from countries which are friendly to China will be favored by the Chinese people. (news.financializer.com). As reported in the news.

pervaiz masih: Don't ask me about what happened to me there was her only reply to her family's questions, her cousin, Pervaiz Masih, said. ; Within just a few weeks, she was dead, according to The Japan Times. David's mysterious death adds to a growing body of evidence of mistreatment and abuses against Pakistani women and girls, mainly Christians, who have been trafficked to China as brides. When she returned to Pakistan, the once robust woman was nearly unrecognizable malnourished, too weak to walk, her speech confused and disjointed. AP investigations have found that traffickers have increasingly targeted Pakistan's impoverished Christian population over the past two years, paying desperate families to give their daughters and sisters, some of them teenagers, into marriage with Chinese men. Some women have told The Associated Press and activists that their husbands at times refused to feed them. Once in China, the women are often isolated, neglected, abused and sold into prostitution, frequently contacting home to plead to be brought back. (news.financializer.com). As reported in the news.

policy meeting: The euro was at 1.1137-1137, up from 1.1083-1084, and at 120.99-99, up from 120.50-51. ; The dollar fell below 108.50 in midmorning trading after U.S. Federal Reserve Chairman Jerome Powell hinted that U.S. interest rates may not rise anytime soon at a news conference following a Fed policy meeting ended Wednesday, according to The Japan Times. The greenback later cut its losses and returned to around 108.60, thanks to a rise in the 225-issue Nikkei stock average, traders said. At 5 p.m., the dollar stood at 108.63-63, down from 108.72-72 at the same time Wednesday. The dollar-yen pair may be swayed by the moves of the British pound following the British general election and by the results of a European Central Bank policy meeting, both slated for Thursday, a trust bank official said. Twitter Facebook Linked In GET THE BEST OF THE JAPAN TIMES IN FIVE EASY PIECES WITH TAKE 5 Mail the editor Error Policy JOIN THE CONVERSATION LATEST BUSINESS STORIESPhase one trade deal with China gets tepid reception in U.S. After U.S. officials announced a truce in the trade war with China with much fanfare, economists and trade experts call it largely a victory for Beijing. Market players are unlikely to sell dollars aggressively as the Conservative Party is expected to win the British election and optimism remains in the market over the U.S.-China trade negotiations, a Japanese bank official said. (news.financializer.com). As reported in the news.