China’s manufacturing backbone feels Trump trade war pinch

Sky-high tariffs imposed on China by US President Donald Trump have triggered a slump in factory orders, manufacturers told AFP this week -- with some fearing business may never return.
19 April 2025, 18:00 PM

Garment exports to US grow 17%

Bangladesh shipped apparels worth $5.74 billion in the July-March period to the USA
19 April 2025, 14:49 PM

In US Chinatowns, merchants ‘don’t want the trade war to be a war’

Chinatowns across the US are feeling the effects of the escalating tariff war
19 April 2025, 10:29 AM

US 'strong dollar' policy rings increasingly hollow

The 'strong dollar' policy has always been about more than just the exchange rate, although a more expensive currency can help keep inflation and interest rates low.
19 April 2025, 06:54 AM

Sri Lanka's women-run hotel breaks down barriers

The hotel, on the shores of Lake Kandalama in the green hills of central Sri Lanka, opened in January with a unique selling point -- its staff are exclusively women.
19 April 2025, 05:54 AM

Trump goes to war with the Fed

"If I want him out, he'll be out of there real fast, believe me," Trump said Thursday, referring to Powell
19 April 2025, 05:49 AM

Cancellation of Transhipment due to ‘some developments’

India yesterday said its withdrawal of transshipment facility to Bangladesh for third-country exports should be seen in the backdrop of “some of the developments” that preceded it.
17 April 2025, 18:01 PM

Global uncertainty will ‘certainly’ hit growth

The uncertainty kicked up by Donald Trump’s stop-start tariff rollout will undoubtedly hit growth, the president of the World Bank said Wednesday, ahead of next week’s semi-annual meeting of global financial leaders in Washington.
17 April 2025, 18:00 PM

China’s US bond holdings are going nowhere fast

With China and the United States engaged in a full-on trade war, anxious investors are asking which side can press its financial advantage given Beijing’s vast holdings of US Treasuries. In truth the situation is more of a fraught equilibrium both sides have an interest in maintaining.
17 April 2025, 18:00 PM

MOC: US' tariffs on certain Chinese exports as high as 245%

As for this meaningless tariff numerical game by the US, China will not heed it," a spokesperson with the ministry said.
17 April 2025, 08:08 AM

Taiwan's TSMC says net profit rose 60.3% in first quarter

Net profit for the first three months of 2025 rose 60.3 percent from a year ago to NT$361.56 billion ($11.1 billion)
17 April 2025, 06:34 AM

Asian markets boosted by 'Big Progress' in Japan tariff talks

Investors are keeping a nervous eye on Washington for the next three months as governments scramble to cut deals to avert crippling tariffs unveiled by the US president on his April 2 "Liberation Day" but delayed for 90 days.
17 April 2025, 05:21 AM

ECB ready to cut rates again as Trump tariffs shake eurozone

The uncertainty around Trump's next move, and the negative impact it could have on growth within the single currency bloc, has intensified calls for the ECB to ease borrowing costs further.
17 April 2025, 05:11 AM

Japan fails to win immediate tariff relief in US talks

Prime Minister Shigeru Ishiba said future negotiations "won't be easy"
17 April 2025, 02:35 AM

China tells Trump to ‘stop threatening and blackmailing’

China told Washington on Wednesday to “stop threatening and blackmailing” after US President Donald Trump said it was up to Beijing to come to the negotiating table to discuss ending their trade war.
16 April 2025, 18:00 PM

China’s economy beats forecasts in Q1

China said Wednesday its economy topped forecasts in the first quarter, as exporters rushed to shift goods ahead of swingeing US tariffs, but warned it faced “certain pressures” from Donald Trump’s trade blitz.
16 April 2025, 18:00 PM

Boeing faces fresh crisis amid trade war

US aviation giant Boeing, fresh off a crippling labor dispute and quality control crisis, has now found itself drawn into the escalating trade conflict between Washington and Beijing.
16 April 2025, 18:00 PM

Small countries sit at nexus of tariff trade-offs

Australia has, at almost $18 billion, one of the largest goods trading deficits with Washington; Singapore is not far behind at $13 billion
16 April 2025, 08:28 AM

Nvidia kept some China customers in the dark about new US chip clampdown, sources say

The U.S. chipmaker disclosed on Tuesday that American officials had informed the company on April 9 that its H20 chip would require an export license for sales to China.
16 April 2025, 07:44 AM

Meta's Zuckerberg eyed Instagram spinoff amid antitrust scrutiny, document shows

The document was shown during Zuckerberg's second day of testimony at the high-stakes trial, in which the U.S. Federal Trade Commission is seeking to unwind Meta's acquisitions of prized assets Instagram and WhatsApp.
16 April 2025, 06:33 AM