PARIS, Aug 24 ― Leaders of the G7 nations arrive in France today for a summit as a brewing US-China confrontation over protectionism highlighted President Emmanuel Macron's tough task in delivering meaningful results on trade, Iran and climate…
NEW YORK, Aug 24 ― Wall Street tumbled yesterday after the US-China trade war escalated in dramatic fashion, with President Donald Trump demanding that American companies seek alternatives to doing business with China after Beijing announced its…
NEW YORK, Aug 24 ― FedEx Corp, United Parcel Service Inc and the US Postal Service said yesterday they are already working to stop traffickers from using their services after US President Donald Trump ordered delivery firms to refuse packages of…
LONDON, Aug 24 ― Britain wants to agree a post-Brexit trade deal with the United States quickly, but the terms have to work for both sides, a British spokeswoman said yesterday ahead of a meeting between Prime Minister Boris Johnson and President…
NEW YORK, Aug 23 — Wall Street stocks opened lower today after China announced another round of tariffs on US goods, the latest escalation in the protracted trade war between the countries. About 15 minutes into trading, the Dow Jones Industrial…
BEIJING, Aug 23 — China said today it will impose retaliatory tariffs against about US$75 billion (RM314 billion) worth of US goods, putting as much as an extra 10 per cent on top of existing rates in the dispute between the world’s top two…
WASHINGTON, Aug 23 — Federal Reserve Chair Jerome Powell stressed today that the central bank will act to ensure the US economic expansion continues, even in the face of “significant risks” posed by slowing global growth. But as Beijing…
WASHINGTON, Aug 23 — Deutsche Bank has agreed to pay more than US$16 million (RM67 million) to settle charges that it violated US corruption laws by hiring relatives of foreign government officials in order to win or retain business, the US…
DUBLIN, Aug 23 — As wildfires rage through the Brazilian Amazon, Irish Prime Minister Leo Varadkar has said Dublin will vote against a trade deal between the European Union and South American trade bloc Mercosur unless Brazil takes action to…
LONDON, Aug 23 — With banks’ bond trading desks increasingly going electronic, another of the last bastions of old-school banking — the business of helping companies and countries raise capital — may be about to succumb to the tide of…
