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Business 15 Jul 2019 | 12:00 AM

US freight firms’ profit eyed for tariff effects

NEW YORK: Results from two major US railroads this week are likely to attract more scrutiny than usual as investors look for signs of how deeply US President Donald Trump’s multi-front trade war is affecting freight companies and the wider economy.

AseanPlus News 15 Jul 2019 | 12:00 AM

Vietnam – from trade war winner to Trump target

Ho Chi Minh City: Americans are buying solar panels from Vietnam like never before, but local manufacturer IREX Energy JSC isn’t celebrating.

Letters 15 Jul 2019 | 12:00 AM

The way forward for Asean

From TAN SRI MICHAEL YEOH OON KHENG, Malaysia’s Representative to Asean High-Level Task Force on Connectivity President, Kingsley Strategic Institute

Business 15 Jul 2019 | 12:00 AM

Ringgit may get a reprieve from US rate cuts

THAT the US Federal Reserve is open to interest rate cuts despite strong jobs numbers for June indicates that the gloomy global outlook is not improving anytime soon.

Business 15 Jul 2019 | 12:08 AM Premium

Manufacturers move supply chains out of China

Tariff costs prompt executives to shift production to other countries; ‘Once you move, you don’t go back

Business 15 Jul 2019 | 3:26 AM

Nike supplier pivots away from Vietnam after exiting China

TAIPEI: The new normal of global trade is that there are few safe harbors.

Business 15 Jul 2019 | 5:26 AM

China's Xiaomi continues chip strategy revamp

SHANGHAI: China's Xiaomi Corp has taken a stake of roughly 6% in compatriot chip designer VeriSilicon Holdings Co Ltd, as the smartphone maker revamps its years-long pursuit of success in semiconductors which it sees as central to driving innovation.

World 15 Jul 2019 | 4:48 PM

China says will freeze out U.S. companies that sell Taiwan arms

BEIJING (Reuters) - China's government and Chinese companies will cut business ties with U.S. firms selling arms to Taiwan, China's Foreign Ministry said on Monday, declining to give details of the sanctions in a move likely to worsen already poor ties with Washington.

World 15 Jul 2019 | 9:56 PM

Trump administration erects another barrier to immigrants seeking U.S. asylum

NEW YORK/WASHINGTON (Reuters) - The Trump administration on Monday unveiled a new rule to bar almost all immigrants from applying for asylum at the southern border, requiring them to first pursue safe haven in a third country through which they had travelled on the way to the United States.

Business 16 Jul 2019 | 12:00 AM

Nike supplier to set up hubs in more countries

TAIPEI: The new normal of global trade is that there are few safe harbours.