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Business 13 May 2019 | 7:49 AM

China say will never surrender to foreign pressure amid trade dispute

BEIJING: China's foreign ministry said on Monday the country will never surrender to foreign pressure after Washington renewed its threat to impose tariffs on all Chinese imports in an escalating trade dispute.

Business 12 May 2019 | 11:56 PM

Pakistan agrees another multi-billion IMF bailout

ISLAMABAD: Pakistan has reached an accord with the International Monetary Fund for a three-year, US$6 billion bailout package aimed at shoring up fragile public finances and strengthening a slowing economy, officials said on Sunday.

Business 12 May 2019 | 11:34 PM

China defiant toward US on trade, Kudlow urges strong enforcement steps

WASHINGTON/BEIJING: The United States and China appeared at a deadlock over trade negotiations on Sunday as Washington demanded promises of concrete changes to Chinese law and Beijing said it would not swallow any "bitter fruit" that harmed its interests.

Business 12 May 2019 | 11:21 PM

UK lawmakers square up to regulator over duty of care for banks

LONDON: A legal duty for banks to act in the best interests of their customers may be needed, British lawmakers said on Monday, piling pressure on regulators to step up protection of consumers after a string of mis-selling scandals spanning decades.

Business 11 May 2019 | 12:00 AM Premium

Bigger is deemed better

FOR a company that was carved out of Telekom Malaysia Bhd (TM), much was expected from Axiata Group Bhd.

Business 11 May 2019 | 12:00 AM

Should you buy gold?

HARRIS Shah has been buying gold as an investment for the last eight years.

Business 11 May 2019 | 12:00 AM

Two NPC sessions in China

What are we to do? by Lin See-Yan UNLIKE the consultations last year, the 2019 annual sessions of the National People’s Congress (NPC) in early March (two sessions) was sobering in setting the tone for economic policies in 2019 and beyond.

Business 10 May 2019 | 6:59 AM

This is the wrong way to deal with China

US PRESIDENT Donald Trump has good reason to be sceptical about China's willingness to live up to its commitments in any trade deal.

Business 09 May 2019 | 11:33 PM

Trump readies more China tariffs as make-or-break trade talks start

WASHINGTON/BEIJING: U.S. President Donald Trump said on Thursday he was taking steps to authorise new tariffs on $325 billion in Chinese imports as officials began last-ditch talks to avert an escalation of a trade war that threatens to derail the global economy.

Business 09 May 2019 | 4:48 AM

Asean can create own economic system, Maybank's Farid says

SINGAPORE: Asean powered by 600 million population, has the potential to create an economic system for itself, combining age-old collectivist, community-first values with economic rights and freedom.