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JAKARTA (The Jakarta Post/ANN): The Indonesian government will press ahead with collecting digital tax despite a recent announcement by the United States Trade Representatives (USTR) to investigate such a policy, which the US said was aimed squarely at its technology giants.
NEW YORK: Major U.S. stock indexes jumped on Friday and logged solid gains for the week after data on historic job losses due to the coronavirus crisis showed they were slightly fewer than feared.
SHANGHAI/NEW YORK: Asian shares rose on Friday as a phone call between U.S. and Chinese officials raised hopes that trade tensions were easing, turning the focus away from looming data expected to show the American economy lost the most jobs since the Great Depression.
SHANGHAI: China and Hong Kong stocks rallied on Friday after Beijing further opened up its financial markets to foreign investors and as talks between U.S. and Chinese trade officials lifted sentiment.
BEIJING (Reuters): Top trade representatives of China and the United States held a phone call on Friday (May 8) and agreed to strengthen macroeconomic and public health cooperation, China's commerce ministry said in a statement.
BEIJING (Reuters) - China and the United States agreed to hold high-level trade talks in early October in Washington, China's commerce ministry said on Thursday, amid fears that an escalating trade war could trigger a global economic recession.
HONG KONG (Reuters) - As one of the world's most important trade and business hubs, Hong Kong was always going to struggle this year because of the escalating U.S.-China tariff war.
HONG KONG (Reuters) - Hong Kong banks published full-page newspaper ads calling for law and order in the Chinese-ruled city and international jewellers sought the rescheduling of a huge trade fair as weeks of pro-democracy protests showed no sign of let-up on Thursday.
Trump’s proposed tariffs include an estimated US$900 million worth of seafood, including fish sticks and fillet