Tag "US-China trade war"
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Oil prices rise, escalating US-China trade war caps gains
SINGAPORE: Brent crude rose today, after earlier falling to its lowest since January, as traders betting on falling prices bought back contracts to lock in profits from recent declines caused by the escalating trade dispute between the US and China.
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Air China suspends Beijing – Hawaii route, effective from Aug 27
BEIJING: Air China will suspend its flights on the Beijing-Hawaii route from Aug. 27 after a review of its network, China’s flagship carrier said on Tuesday, as travel demand remains weak amid an escalating U.S.-China trade war. Passengers who have
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KLCI plummets below 1,600 amid US- China trade war
KUALA LUMPUR: The FBM KLCI fell below the critical support level of 1,600 in early trade, tracking the bloodshed on Wall Street overnight. Global equities have been routed as the trade war between the US and China intensified, with Washington
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Trade war bites on China’s second-quarter GDP growth
BEIJING: China is expected to report today that economic growth slowed to its weakest pace in at least 27 years in the second quarter, reinforcing the case for more stimulus as a bruising trade war with the US drags on.
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US-China relations heading for turbulent times
KUALA LUMPUR: The China-US relationship is likely to undergo years of turbulence amid rising tensions between the two nations to become world’s top economy, an academician said. According to Professor Gao Jian, Secretary-General of Shanghai Academy of Global Governance and
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G-20 opens with high tensions
World leaders gathered in Japan today for one of the most high-stakes and fractious G20 meetings in years, with a bruising US-China trade war, geopolitical tensions, and climate change on the agenda. The two-day summit in the city of Osaka
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Trade war: US wants talks with China
WASHINGTON: The US hopes to re-launch trade talks with China after President Donald Trump and President Xi Jinping meet in Japan come Saturday, but Washington will not accept any conditions around the US use of tariffs in the dispute, a
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KS Jomo: Brace for tough economic times ahead
KUALA LUMPUR: Malaysians should brace for tough times ahead as the economy is facing real problems amid an intractable external situation which is deteriorating almost on a daily basis, warned a prominent economist. Dr Jomo Kwame Sundaram, a senior advisor
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US-China Conflict: Will ASEAN Centrality Be Derailed?
ON 23 May 2019, the US Senate formally re-introduced a bill known as the South China Sea and East China Sea Sanctions Act. Its sponsors, a bipartisan group of 14 senators, say the bill is aimed at checking an expansive
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US-China trade war: Retaliatory tariffs imposed on US imports
BEIJING: China raised tariffs on tens of billions of dollars of goods imported from the U.S., implementing the promised retaliation to President Donald Trump’s latest round of trade war duties on about US$200 billion in Chinese exports. As of Saturday,
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