Reuters Before the Bell: Strong China data cranks up pressure on bond markets

Click to View in Browser Thursday, January 18, 2018 Strong China data cranks up pressure on bond markets LONDON (Reuters) - The first acceleration by China's giant economy in seven years kept stocks near record highs on Thursday, but added to growing pressure on bond markets as U.S. Treasury yields - the benchmark for global borrowing costs - cranked to a 10-month high. Morgan Stanley quarterly profit tanks; adjusted profit beats view (Reuters) - Morgan Stanley's quarterly profit dropped almost 60 percent on a provision related to the new U.S. tax law, but adjusted profit beat analyst expectations as strength in wealth management helped offset a drop in trading revenue. Trump says solar tariff decision coming soon, stakes huge for industry LOS ANGELES/WASHINGTON (Reuters) - U.S. President Donald Trump said on Wednesday he would announce a decision soon on whether to slap tariffs on imported solar panels, and quipped that when countries dump subsidized panels in the United States, "Everybody goes out of business." Emirates hands A380 superjumbo lifeline with $16 billion order NANTES, France (Reuters) - Emirates announced a deal for up to 36 Airbus A380 aircraft on Thursday worth as much as $16 billion at list prices, saving the world's biggest passenger jet from death row and securing its future for at least another decade. Lexus, Infiniti luxury car brands test ways to fight Tesla, German rivals DETROIT (Reuters) - Japanese luxury auto brands Lexus and Infiniti are using the Detroit auto show to test new ways to regain momentum against Germany's prestige automakers and Silicon Valley's Tesla Inc . BMW aims to outsell Mercedes by 2020: CEO tells Manager Magazin FRANKFURT (Reuters) - BMW aims to overtake rival Mercedes-Benz in terms of annual deliveries within two years, Chief Executive Harald Krueger told German monthly Manager Magazin. China luxury sales rebound as millennials snap up cosmetics, handbags: report SHANGHAI (Reuters) - China's luxury goods market is back in fashion. Exclusive: Trump considers big 'fine' over China intellectual property theft WASHINGTON (Reuters) - President Donald Trump said on Wednesday the United States was considering a big "fine" as part of a probe into China's alleged theft of intellectual property, the clearest indication yet that his administration will take retaliatory trade action against China. Starboard to nominate nine candidates to Mellanox board (Reuters) - Activist hedge fund Starboard Value LP has started a proxy fight on Wednesday for control of Mellanox Technologies Ltd , calling the Israeli chipmaker deeply undervalued. Old hands in South Korea Bitcoin market unfazed by threats of ban SEOUL/HONG KONG (Reuters) - Threats of a potential cryptocurrency trading ban in South Korea have scared many investors away, but some veterans of the young market are defiant, saying restrictions would be relatively easy to circumvent. Related Video Apple to pay $38 billion in U.S. taxes, open a new campus Bitcoin slumps below $10,000 on growing fears of regulation Make sense of the market with highlights of valuable financial information and reports along with compelling investment insights. Register Today The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today » » MORE NEWSLETTERS - 3 Times Square New York, NY 10036 USA © Copyright 2018 Thomson Reuters Ensure delivery of Reuters Newsmails, add newsletters@email.reuters.com to your address book. Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook