Trade row: China says US putting 'knife to its neck'

A senior Chinese official said on Tuesday it is difficult to proceed with trade talks with the United States while Washington is putting “a knife to China's neck”, a day after both sides heaped fresh tariffs on each other's goods.
25 September 2018, 18:00 PM

Invest more in Bangladesh

Prime Minister Sheikh Hasina on Monday urged the US businessmen to invest more in Bangladesh as the country's strategic location is making it an emerging hub for regional connectivity, foreign investment and global outsourcing.
25 September 2018, 18:00 PM

Brent oil jumps to four-year high near $81

Brent oil soared Monday close to $81, reaching the highest level since November 2014 after Opec and other global producers snubbed pressure from US President Donald Trump to dampen prices.
24 September 2018, 18:00 PM

German business morale dips slightly in September

Confidence among German business leaders dipped slightly in September but remained strong, a closely-watched survey said Monday, as Europe's export powerhouse nervously eyes an escalating trade war between the United States and China.
24 September 2018, 18:00 PM

India reassures equity investors as liquidity fears grow

Indian Finance Minister Arun Jaitley said on Monday the government is ready to ensure credit is available to non-banking financial companies (NBFCs), just a day after the market regulator and the central bank sought to calm skittish investors.
24 September 2018, 18:00 PM

US tariffs on $200b of Chinese imports kick in

President Donald Trump's tariffs on another $200 billion of Chinese imports took effect Monday, with Beijing accusing Washington of "economic intimidation" as the standoff between the world's top two economies clouds the global outlook.
24 September 2018, 18:00 PM

Trade wars: Is Trump lining up Japan next?

While the US takes aim at China, Canada and Mexico over perceived trade imbalances, Japan has kept a low profile, hoping Prime Minister Shinzo Abe's friendship with golf buddy Donald Trump will keep Tokyo out of the firing line.
24 September 2018, 18:00 PM

Singapore watchdog fines Grab, Uber $9.5m over merger

Singapore on Monday fined ride-hailing firms Grab and Uber $9.5 million for breaking competition rules when they merged, saying the deal had increased fares and thrown up roadblocks for competitors.
24 September 2018, 18:00 PM

Canada PM says informal Nafta talks likely in next few days at UN

US and Canadian officials trying to reach a deal on Nafta are “very likely” to hold informal talks on the sidelines of a major U.N. meeting in the next few days, Canadian Prime Minister Justin Trudeau said on Sunday.
24 September 2018, 18:00 PM

No-deal Brexit would have limited impact on German labour market: German magazine

Chancellor Angela Merkel's government expects the impact of a no-deal Brexit on the labour market in Europe's biggest economy would be “relatively small”, the German newsmagazine Der Spiegel said on Saturday.
22 September 2018, 18:00 PM

As new iPhones go on sale, studies reveal chips from Intel and Toshiba

Apple Inc's latest iPhones hit stores around the world on Friday, featuring components made by Intel Corp and Toshiba among others, according to two firms that cracked open the iPhone Xs and Xs Max models.
22 September 2018, 18:00 PM

Britain tells EU to engage seriously on Brexit, EU demurs

Britain said on Saturday it would not capitulate in Brexit talks and again urged its EU partners to engage with its proposals, as ministers in Paris and Berlin suggested the next move in the negotiations should come from London.
22 September 2018, 18:00 PM

White House optimistic on China trade; no date for more talks

The United States is optimistic about finding a way forward in its trade dispute with China, but it does not have a date scheduled for further talks as it assesses Beijing's response to the latest round of tariffs, a senior White House official said on Friday.
22 September 2018, 18:00 PM

India relaxes foreign fund rules for non-residents

India's market regulator on Friday relaxed norms on foreign investments by Indians based abroad after concerns over stricter regulations rattled markets earlier this month.
22 September 2018, 18:00 PM

Japan inflation edges up but way below target in August

Prices in Japan edged up modestly in August, according to government data on Friday, as the world's third-largest economy continues its years-long battle with deflation.
22 September 2018, 18:00 PM

Canada inflation 2.8pc in August

Canadians paid 2.8 percent more for goods and services in August than a year earlier, with prices rising across the board, official data released Friday showed.
22 September 2018, 18:00 PM

EU ratchets up pressure on Swiss to clinch new treaty

The European Union heaped more pressure on Switzerland to clinch a new bilateral treaty cementing ties, threatening to cut off cross-border stock trading by year's end if no deal emerges.
22 September 2018, 18:00 PM

Pakistan invites Saudi Arabia to join China's Belt and Road corridor

Islamabad has invited Saudi Arabia to become the third partner in the Beijing-funded Belt and Road corridor of major infrastructure projects inside Pakistan, Pakistan's information minister said on Thursday.
22 September 2018, 18:00 PM

China says it won't weaken currency to boost exports

China will not stoop to competitive devaluation of its currency, Premier Li Keqiang stressed, hours after China hit back, with a softer punch than the one landed by the United States, in an escalating tariff war between the world's largest economies.
19 September 2018, 18:00 PM

Eyeing Uber, China's Didi launches in Mexico's second city

Chinese ride-hailing service Didi Chuxing said Tuesday it is launching service in Mexico's second-largest city, Guadalajara, expanding its presence in the country -- and its challenge to market king Uber.
19 September 2018, 18:00 PM