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Economy

Crisis averted? Trump says China will take down trade barriers, deal on IP

WASHINGTON: U.S. President Donald Trump said in a tweet on Sunday that China would take down its trade barriers and that the two countries would reach a deal on intellectual property.

Business

S&P 500 rises on investor optimism ahead of G20 summit

NEW YORK: The S&P 500 and the Nasdaq closed higher in a broad-based rally on Thursday as investors looked to the G20 summit in Osaka, Japan this weekend for progress in the long-running U.S.-China trade dispute, which has whipsawed markets for months.

Economy

Beware of slower than expected global growth

WARNINGS on slower-than-forecast global growth should not fall on deaf ears but instead, should awaken even the most self-centred of leaders.

Business

Another victim of the trade war: U.S. oil exports to China

SINGAPORE: U.S. oil exports to China are becoming a casualty of Donald Trump’s trade war with Xi Jinping’s administration.

Business

Factory sentiment gets more frigid across Asia

SINGAPORE: Factory sentiment across Asia became even more frigid in June, signalling a worsening in the region’s growth outlook as US-China trade tensions continue to simmer.

Economy

China August factory pick up surprises, but export orders fall again

China August factory pick up surprises, but export orders fall again

World

'Hi, I'm a soybean' - In trade war, China deploys cartoon legume to reach U.S. farmers

BEIJING (Reuters) - In the tense trade war with the United States, China's government has turned to an unlikely weapon: a cartoon bean.

Economy

China says US blaming Xi for blocking trade deal is 'bogus'

BEIJING: China said on Thursday comments made by a senior White House official blaming Chinese President Xi Jinping for blocking progress on a deal to avert a trade war were "shocking" and "bogus" accusations.

Economy

Escalating US-China trade war

NEW YORK: President Trump has said that the United States would consider slapping tariffs on an additional US$100bil in Chinese goods, escalating a potentially damaging trade dispute with Beijing that began on Jan 22.