marc

 
 

Xinhua: Chinese companies looking to buy US farm products

BEIJING, July 21 — Some Chinese companies are seeking new purchases of US agricultural products, China’s official Xinhua news agency said today, citing authorities, as Beijing and Washington look for ways to end a protracted trade war. US…


Pompeo to meet with Mexico's foreign minister to discuss immigration, trade

MEXICO CITY, July 21 — US Secretary of State Mike Pompeo will meet with Mexican Foreign Minister Marcelo Ebrard today to discuss migration and trade, amid heightened bilateral tension ahead of a deadline on a deal that removed tariff threats on…


China opens up finance sector to more foreign investment

BEIJING, July 21 — China lifted some restrictions on foreign investment in the financial sector yesterday, as the world's second largest economy fights slowing growth at home and a damaging trade war with the United States. China will remove…


Trump tells France's Macron US concerned with proposed digital services tax

WASHINGTON, July 20 ― US President Donald Trump spoke with French President Emmanuel Macron yesterday and expressed concerns about the country's proposed digital services tax, the White House said. The two leaders also discussed ongoing efforts to…


Wall Street edges higher on Microsoft’s beat, rate cut optimism

NEW YORK, July 19 — Wall Street’s main indexes inched higher today after solid results from technology giant Microsoft added to an upbeat mood following hints from a top Federal Reserve official that a US interest rate cut could be imminent….


India’s Reliance reports 6.8pc rise in profits

MUMBAI, July 19 — Indian conglomerate Reliance Industries today reported a 6.8 per cent rise in consolidated net profit despite a slowdown in its oil refining business. The Mumbai-based company owned by Asia’s richest man Mukesh Ambani said its…


Will ECB walk or just talk as rate circus comes to Europe?

BRUSSELS, July 19 — The global march towards lower interest rates reaches Europe this week with the European Central Bank expected at least to signal easier monetary policy, while Turkey’s new banking chief is seen taking an axe to the…


Wall Street week ahead: Prospect of Fed cut pushing dividend investors into tech, energy

NEW YORK, July 19 — An expected interest rate cut by the Federal Reserve later this month is pushing yield-oriented US fund managers further afield in search of income at attractive prices. While nearly half of the companies in the S&P 500…


Sources: Indian govt seeks to tap foreign lenders for loans to its small firms

EW DELHI, July 19 — India’s government is in talks with foreign lenders to provide as much as US$14.5 billion (RM59.6 billion) in credit to millions of its small firms, two officials said, in a sign the country’s banking system may not be…


Bayer welcomes judge’s call for reduced damages in US$2b glyphosate case

FRANKFURT, July 19 — Germany’s Bayer AG welcomed today a call by a US judge to cut a US$2 billion (RM8.2 billion) damages award to a Californian couple by a jury which found that its glyphosate-based weed killer had caused their cancer. The…