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GENEVA: China is seeking US$2.4 billion in retaliatory sanctions against the United States for failing to comply with a World Trade Organization ruling in a case that highlights White House complaints about the global trade body.
NEW YORK: Oil prices fell nearly 1% on Monday after comments from a U.S. official fed concerns surrounding the U.S.-China trade war, adding to worries that a slowing global economy would reduce demand for oil.
NEW YORK: World stock indexes rose on Monday as signs of work to resolve the U.S.-China trade war bolstered investor hopes, while the Canadian dollar strengthened in the hours before results of the election for prime minister.
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.
BELFAST (Reuters) - The head of Northern Ireland's influential Orange Order said on Sunday unionists in the province should avoid staging violent protests over British Prime Minister Boris Johnson's Brexit deal despite feeling that they had been let down.
Much has been touted lately on the strength of the US consumer but for how long can this so-called last leg of the economy hold up and buffer the world economy?
YEARS after resisting pressure to move to China, Lee Hung Lung says his bet has paid off. Sales at his Malaysia-based Hotayi Electronic are surging, it’s hiring more workers, considering an expansion and picking and choosing orders.
ECONOMIC reforms are often painful in the short term and hence unpopular, but does that mean reform-minded leaders always pay a price at the ballot box?
BEIRUT (Reuters) - Lebanon is closer to a financial crisis than at any time since at least the war-torn 1980s as allies, investors and this week nationwide protests pile pressure on the government to tackle a corrupt system and enact long-promised reforms.
THE palm oil industry has been firefighting one issue after another and the latest one with the possibility India may cut its purchase of palm oil from Malaysia is turning out to be a problem the industry is threading carefully on.