Asian equity markets tanked and the yuan hit an 11-year low yesterday after US President Donald Trump ramped up his trade war with China by hiking tariffs on more than half-a-trillion dollars’ worth of imports. However, dealers pared earlier steep losses after the president said the two...
The US-China trade war has a new chapter. After Mr Trump announced added tariffs of 10% on the remaining 300 billion US dollars in goods from China, now their application on certain footwear items is delayed to December Yesterday, the Office of the United States Trade Representative...
Huawei on Tuesday dismissed Washington’s three-month delay to a ban on US firms selling to the Chinese tech giant and said the decision would not change the fact it had been “treated unjustly”. The US Commerce Department effectively suspended for a second time tough rules stopping the...
China’s economy continued to weaken in July, bolstering the case for greater policy support to shore up growth as talks over the trade dispute with the US continue. The slowdown is seen in a Bloomberg Economics gauge aggregating the earliest available indicators on market sentiment and business...
Asia markets were mostly down
Monday, with investors cautious ahead of US-China talks in Shanghai this week
and amid more civil unrest in Hong Kong. Two-day discussions begin on Tuesday
with a Washington delegation led by White House Trade Representative Robert
Lighthizer. But analysts are pessimistic about a resolution to the...
A China-Bangladesh joint venture company, M/S Golden Ocean Limited, will invest $1.46 million to establish a garment accessories industry in Ishwardi Export Processing Zone. In this regard, Bangladesh Export Processing Zones Authority (BEPZA) and M/s Golden Ocean Limited signed an agreement at BEPZA complex in the city,...