america

 
 

Trade war boogeyman hangs over giant US toy show

NEW YORK, Feb 18 — The US-China trade war has dealt a glancing blow to American toys, hitting putty and arts and crafts items, while sparing superhero action figures, toy cars and most best-selling offerings. Yet uncertainty about the trading…


Ringgit gains in early trade

KUALA LUMPUR, Feb 18 — The ringgit was higher against the US dollar in early session today on better demand for the local note, said a dealer. At 9am, the ringgit was quoted at 4.0720/0770 compared 4.0870/0900 last Friday. The dealer said…


US-China trade talks, what’s under debate

BEIJING: US and Chinese officials wrapped up days of trade talks in Beijing on Friday with plans to resume negotiations in Washington this week as the world’s top two economies try to smooth out their thorny trade dispute. US President Donald Trump said the talks were going “extremely well”, while his advisors deep in the […]


US millennials a popular but elusive target for brands

NEW YORK: American millennials – the generation of people aged 17 to 35 – are a popular target for advertisers and brands, but companies risk missing out by approaching them as one homogenous population. From Gillette razors to McDonald’s and American Express, every major American company is touting its efforts to attract these young people, […]


Merkel says US calling European cars a threat is ‘frightening’

MUNICH, Feb 16 — German Chancellor Angela Merkel today labelled as “frightening” tough US trade rhetoric planning to declare European car imports a national security threat. “If these cars… suddenly spell a threat to US national security,…


Automakers brace for US government report on import tariffs

WASHINGTON, Feb 16 — A confidential Commerce Department report due to be sent to Donald Trump tomorrow is widely expected to clear the way for the US president to threaten tariffs on imported autos and auto parts by designating the imports a…


Dow climbs for 8th straight week amid trade optimism

NEW YORK, Feb 16 — Wall Street stocks finished another strong week on a positive note today, rising again on optimism over US-China trade talks. The Dow Jones Industrial Average jumped 1.7 per cent to 25,883.25 to close its eighth straight week of…


Samsung to launch US retail stores in smartphone push

SAN FRANCISCO, Feb 16 — Samsung announced today it will open three US retail stores to promote its Galaxy line of smartphones as the South Korean giant sets to launch an updated flagship handset. The move ramps up Samsung’s efforts to compete on…


Progress in US-China trade talks sparks world stock rally

NEW YORK, Feb 15 — Progress in the US-China trade talks helped send world stock markets broadly higher today and pulled investors out of the safety of government bonds. Europe’s broad Stoxx 600 index rallied 1.4 per cent. The Dow Jones…


China offers to end market-distorting subsidies

BEIJING/WASHINGTON: China has pledged to end market-distorting subsidies for its domestic industries but offered no details on how it would achieve that goal, according to three people familiar with the US-China trade talks in Beijing this week. China promised to bring all subsidy programs into compliance with World Trade Organization (WTO) rules, the sources said, […]