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Economy

Asian firms’ confidence sinks to near 3-year low on trade war fears

JAKARTA: Confidence among Asian companies slumped to the weakest in almost three years in the third quarter as businesses feared blowback from a worsening global trade war, a Thomson Reuters/INSEAD survey showed.

Business

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

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

World

Factbox - Impact of U.S.-China trade tariffs on U.S. companies

(Reuters) - U.S. companies are putting in place measures to cushion the impact of escalating trade tensions between the United States and China.

World

Factbox - Impact of trade tariffs on European companies

(Reuters) - Some European companies are rethinking their strategies to cushion the impact of trade tensions between the world's two biggest economies, the United States and China.

Business

Apple earnings beat expectations as it sells pricier iPhones

NEW YORK: Apple Inc on Tuesday posted quarterly results that topped Wall Street targets and forecast revenue in the current quarter above expectations, driven by sales of higher-priced iPhones and revenue from services like the App Store, Apple Music and iCloud.

Business

'Hi, I'm a soybean' says a Chinese cartoon released as a weapon in the China-US trade war

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

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.

Business

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.

Business

Most Asean markets fall ahead of US tariff deadline; Indonesia at over one year low

SINGAPORE: Most Southeast Asian stock markets fell on Tuesday as a rout in Chinese shares ahead of a U.S. deadline for further tariffs on exports from the world's second-largest economy soured risk sentiment across the region.

Business

The two sides of trade war

US President Donald Trump has instructed US trade officials to consider US$100bil in additional tariffs on China, fuelling an already heated trade dispute between the world’s two biggest economies.