U.S. President Donald Trump affirmed on Tuesday that he and his Chinese counterpart, Xi Jinping, will hold a contract signing ceremony to ink the phase one of the U.S.-China trade deal completed this month. “We will be having a signing ...
The Chinese industrial production profits were observed to be at its fastest growth pace in eight months in November. However, low domestic demand remains to be a problem to be solved by the sector next year. China’s profits in the industrial ...
TOKYO- Oil was marginally lower on Monday but did not stray far from its latest three-month peak. Upbeat activity was brought by positive headlines on United States and China’s possibility of signing the trade pact soon as US President ...
China is set to trim down import tariffs on some goods including frozen pork, avocado, and semiconductors beginning January 1, 2020, according to the finance ministry as China bids to beef up imports amid slow economic growth and a trade dispute ...
Gold prices rise with demand ahead of Christmas and New Year Gold prices rose Monday morning in Asia as investors opted for the saf-haven asset ahead of Christmas and New Year holidays. U.S. Gold Futures inched up 0.25% to $1,484.55 by 10:59 ...
Thailand’s November exports fall 7.39% year-on-year Thailand’s duty-free exports in November fell 7.39% from a year earlier after it had fell 4.54% in the previous month, according to the commerce ministry on Monday. Shipments ...
SEOUL- South Korean exports recorded weak data in the first 20 days of December but strong demands from China and firm chip prices indicated that year-long loss may come to conclusion soon. ...
China lifted the ban on Japanese deboned beef taken from cows under 30 months old, as notified by the General Administration of Customs. This ends the almost two-decade ban on the beef imports from Japan. This measure comes as China faces ...
Chinese telecoms firm Huawei should have a place in Italy’s future 5G network, said the Italian industry minister on Sunday. This comment came after the influential parliamentary committee appealed to Rome to block the company. US has ...
SYDNEY-Sterling hit worst week in more than two years on Friday brought heavily by resurfacing concerns about Britain’s departure from the European Union, while positive records revived dollar from its previous loss. Overnight, pound ...
Amazon is set to deliver its customer packages of up to 3.5 billion through its own in-house delivery network this year. Amazon has long been regarded as a long-term threat to United Parcel Service Inc (UPS) and FedEx Corp due to its growing ...
Nike Inc.’s quarterly revenue and profit figures went beyond Wall Street expectations on Thursday capped by surging sales in China. However, the leading footwear’s sales in North America are a letdown as it hit lower-than-expected ...
Japan approves record budget for next fiscal year Japan’s cabinet has approved a record budget for the next fiscal year amid rising social security costs and a government already struggling with the developed world’s biggest debt. Spending ...
Economists boost China outlook on easing trade tensions China’s economic growth will show at 5.9% in 2020, according to analysts and traders. The forecast comes as easing trade tensions and the prospect of lower bank borrowing costs ...
Oil prices retained its positive performance as it drew nearer to achieving its three-month peak on Friday with upbeat weekly rise. Such positive performance was mainly from cooling tensions between Washington and Beijing’s trade truce ...
Borrowings for capital investments in US companies fell 3% in November compared to last year’s figures, according to the Equipment Leasing and Finance Association (ELFA). US companies signed up for leases, loans, and lines of credit ...
The Bank of England is looking to pause from making rates decisions as it weighs up Brexit's outlook on Thursday. Flashes of hopes rose after the recently concluded election favoring a graceful Brexit but Prime Minister Boris Johnson seems ...
SINGAPORE-Oil prices edged closer to achieving its third consecutive months of positively ended performance on Thursday, maintaining its momentum which started a week ago. Such followed after records disclosed that US crude inventories plummeted ...
U.S. Dollar falls on Trump’s impeachment news The U.S. Dollar dropped on Thursday in Asia after the U.S. House of Representatives voted to impeach Republican U.S. President Donald Trump for abuse of power and obstruction of Congress. The ...