Sunday, May 19th, 2019

 

Matrade ramping up promotion in Chile, Argentina and Brazil

KUALA LUMPUR, May 19 — The Malaysia External Trade Development Corporation (Matrade) will be joining International Trade and Industry Minister Datuk Darell Leiking and other agencies under the ministry in a trade and investment mission to Chile,…


Wall Street week ahead: Tariffs could lead to markdowns in retail shares

NEW YORK, May 19 — US retailer stocks have moved from buoyant to bruised this year and the intensification of the US-China trade war makes them especially vulnerable because consumer products would be targeted in the next round of threatened…


China’s central bank says to keep yuan stable, in balanced range

BEIJING, May 19 — China’s central bank will maintain basic stability of the yuan exchange rate within a reasonable and balanced range, according to comments posted on its website today. Pan Gongsheng, deputy governor of the People’s Bank of…


Modi’s jobs deficit: J&J’s largest India plant idle three years after completion

NEW DELHI, May 19 — It was supposed to be Johnson & Johnson’s biggest manufacturing plant in India. It was to eventually employ at least 1,500 people and help bring development to a rural area near Hyderabad in southern India. Yet, three…


Canada aims to ratify trade deal after lifting of tariffs

OTTAWA, May 19 — Ottawa plans to proceed “full steam ahead” on ratification of a free trade agreement with the US and Mexico, Canada’s foreign affairs minister said yesterday, after the neighbours scrapped reciprocal tariffs on steel and…