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GENEVA: Some of Europe’s top luxury brands are targeted in President Donald Trump’s latest tariff salvo, which could affect billions of dollars in exports of American-bound whiskeys, wine, Champagne, handbags and men’s suits.
KUALA LUMPUR: Astro Malaysia Holdings Bhd, Sunway Bhd, Straits Inter Logistics Bhd, Destini Bhd and Maxis Bhd are among the stocks to watch on Friday, according to JF Apex Research.
WASHINGTON: President Donald Trump said on Thursday he preferred a comprehensive trade deal with China but did not rule out the possibility of an interim pact, even as he said an "easy" agreement would not be possible.
BEIJING: China’s exports unexpectedly fell in August as shipments to the United States slowed sharply, pointing to further weakness in the world’s second-largest economy and underlining a pressing need for more stimulus as the US-China trade war escalates.
WASHINGTON: White House economic adviser Larry Kudlow said on Friday the United States wants "near term" results from U.S.-China trade talks in September and October but cautioned that the trade conflict could take years to resolve.
BENGALURU: Foreigners turned net sellers of Asian equities in August as sentiment worsened with the United States and China, after a brief truce, announcing new tariffs on each other.
NEW YORK: U.S. stocks fell on Tuesday as investors worried about global growth prospects after data showed U.S. factory activity shrank in August for the first time since 2016 and the United States and China imposed new tariffs on each other over the weekend.
PETALING JAYA: The local stock market was battered down on Tuesday as investors were further spooked by the intensifying trade spat between the United States and China, as well as the sluggish corporate earnings growth.
KUALA LUMPUR: Foreign funds remained as net sellers for the seventh week running albeit at a slower pace, according to MIDF Research.
Economies of China’s neighbors suffer, starting with manufacturers of high-tech equipment