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KUALA LUMPUR: Malaysia must brace itself for possible trade sanctions if it is caught in the US-China trade war which may be the next Cold War, says Prime Minister Tun Dr Mahathir Mohamad.
KUALA LUMPUR (Reuters): Prime Minister Dr Mahathir Mohamad said on Monday (Oct 21) his exports-reliant country could be hit with trade sanctions amid rising protectionism highlighted by the US-China tariff war.
TAIPEI: Apple Inc supplier TSMC raised its 2019 capital spending plan by up to US$5bil yesterday and forecast a nearly 10% rise in fourth-quarter revenue on strong demand for faster mobile chips and new high-end smartphones.
PARIS/BRUSSELS: Shares in Airbus and French luxury goods exporters fell on Monday as the European Union acknowledged it may face U.S. tariffs in a long-running dispute over aircraft subsidies, part of an escalating tit-for-tat trade row.
WE are now in September, with the Dow Jones up some 16.53% on a year-to-date basis despite the trade war woes and fears of an impending recession due to the signals being emitted by the inverted yield curve.
KUALA LUMPUR: MIDF Research expects Malaysian’ glove manufactures to benefit from the recent US tariff imposition on China made glove, leading to higher demand of medical gloves.
HONG KONG/GENEVA : China has lodged a complaint against the United States at the World Trade Organization over U.S. import duties, the Chinese Commerce Ministry said on Monday
Panasonic Manufacturing Malaysia Bhd is expecting better financial year 2020 (FY20) performance despite the current volatile export market and ringgit.
BRASILIA (Reuters) - President Jair Bolsonaro has drawn sharp criticism on the international stage from European leaders and environmental groups for his handling of wildfires raging in the Amazon, but at home few Brazilians are angered by his reluctant response.
KUALA LUMPUR: Home appliances maker Panasonic Manufacturing Malaysia Bhd said revenue in the second quarter ended June 30 was affected by trade sanctions imposed by the US against certain Middle East countries.