MELBOURNE- Caltex Australia’s top executives disclosed on Thursday their plan of coordinating with a Canadian suitor in high hopes of acquiring larger takeover offer. Such followed after the petrol pump and convenience store operator ...
Chinese envoy to the United States said that the two parties were resolving issues on the phase one of the trade deal, but warned of other parties trying to meddle in the talks and come in between of the two countries without providing further ...
Oil prices lower as crude inventories build higher than expected Oil prices traded lower on Thursday in Asia after data showed a higher-than-expected build in crude inventories. U.S. Crude Oil WTI Futures fell 0.3% to $58.23 by 11:54 PM ET ...
Huawei sues FCC in a fight for access to U.S. markets Huawei Technologies Co. has sued the Federal Communications Commission in a fight to overturn a regulatory decision that would pry Chinese corporations away from its last major American ...
Japan revealed a $120 billion fiscal package that aims to stimulate the country’s stalling economic growth while offshore risks and sustainability after the 2020 Tokyo Olympics concern policymakers. Prime Minister Shinzo Abe announced ...
The European Union-backed France said on Tuesday it is ready to act against the U.S. threat of imposing tariffs on French products including champagne, cheese, and handbags amounting to $2.4 billion. U.S. President Donald Trump threatened ...
Dec 4- Australian shares continued its negative performance on Wednesday as reemergence of previous concerns about global trade inflict Wall Street stocks and dragged mining and financial sectors down. Market sentiment on Sino-US trade pact ...
South Korean high court upheld $873 million fine on US chip giant Qualcomm over unfair business practices linked to patent licensing and modern chip sales. Qualcomm’s appeal against the penalty sanctioned by the Korea Fair Trade Commission ...
The European Union-backed France said on Tuesday it is ready to act against the U.S. threat of imposing tariffs on French products including champagne, cheese, and handbags amounting to $2.4 billion. U.S. President Donald Trump threatened ...
TOKYO- Japan’s Nikkei recorded lowest data in two weeks on Wednesday as market anxiety pressed due to US President Donald Trump’s remarks, while firmer yen dampened investors’ appetite. The Nikkei 225 index shed a total ...
Trump Administration considers to ban Huawei from U.S. banking system Chinese telecoms giant, Huawei came into the spotlight again amid the prolonged U.S.-China tensions as the Trump Administration reportedly considered banning the company ...
Japan’s parliament approves a trade pact with the U.S. Japan’s parliament has approved a trade pact with the U.S. which would open the country’s markets to American beef and other agricultural products. The U.S. has been ...
Japan’s Nintendo Co will officially launch its Switch gaming console in mainland China for the price of 2,099 yuan or $298. The launch is set on Dec. 10 in partnership with Tencent Holdings Ltd., a Chinese internet-based platform company ...
TOKYO-Japan’s Nikkei average sunk down on Tuesday as emerging trade worries surfaced after US President imposed tariffs on Brazil and Argentina, while unstable manufacturing records contributed to inactivity. The Nikkei share average ...
The Reserve Bank of Australia (RBA) had its interest rates untouched on Tuesday and said it was waiting for the past three implemented rate cuts to take effect in the sluggish economy. However, markets see the need for more rate cuts to drive ...
BEIJING/SHANGHAI- China has high hopes that New Energy Vehicle (NEV) sales will scope up a quarter of all car sales in 2025 from a mark of “above 20%’ stated in a 2017 prospectus, the industry ministry said on Tuesday. Chinese ...
North Korea’s foreign ministry reminded the United States that its deadline to change its “hostile policies” is approaching near, adding that it was up to Washington to decide what kind of “Christmas gift” it ...
Asian stocks fall as Trump's new tariffs rekindle trade tensions Asian shares fell on Tuesday after U.S. President Donald Trump stunned markets by imposing new tariffs on products imported from Brazil and Argentina, rekindling fears over global ...
Thai shippers cut 2019 export forecast to fall 2.5%-3.0% Thailand’s shipping association on Tuesday lowered its 2019 export forecast for the year’s fifth time. With a forecasting drop of 2.5% and 3.0%, the prediction was made due ...
The drop in US stocks on Monday urged one investor to fill up on stock options that would serve as a defense against a possible stronger hit on the US stocks next year. In early market on Monday, a large investor purchased 16,000 of January ...