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JAKARTA: Indonesia has taken legal action against the European Union over stricter limits on how palm oil can be used in green fuels, marking a further deepening in trade tensions.
BEIJING: China will suspend planned additional punitive tariffs on some US products after "phase one" of a long-awaited trade deal was reached between the countries, state-run news agency Xinhua reported on Sunday (Dec 15).
SHANGHAI: China has suspended additional tariffs on some US goods that were meant to be implemented on Dec 15, the State Council's customs tariff commission said on Sunday, after the world's two largest economies agreed a "phase one" trade deal on Friday.
SAN FRANCISCO: US President Donald Trump's limited trade deal with China removes a major hurdle for Apple and other technology stocks that have already surged this year to record highs.
THE current situation of the financial markets and geopolitical stage can be described with only one phrase: expect the unexpected.
LJUBLJANA: China and the United States' "phase one" trade agreement is good news for all and will "provide stability in global trade", the Chinese government's top diplomat Wang Yi said during a visit to Slovenia on Saturday (Dec 14).
PAPAR: A Bill to set up the Sabah State Energy Commission is expected to be presented sometime in March next year as a precursor to the Sabah Electricity Sdn Bhd (SESB) takeover plans.
WASHINGTON: US officials announced a truce in the trade war with China with much fanfare, but economists and trade experts call it largely a victory for Beijing.
WASHINGTON: China has agreed to buy $200 billion worth of additional US goods and services over the next two years as part of a phase one trade pact to be signed in early January, U.S. Trade Representative Robert Lighthizer told reporters on Friday.
NEW YORK: Global equity markets and oil prices rose on Friday after China and the United States agreed on an initial trade deal that rolls back some U.S. tariffs in exchange for China's increased purchase of farm goods, cooling a contentious trade war.