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BILL Gates, co-chair of the Bill & Melinda Gates Foundation, has warned that trade tensions between China and the United States are likely to affect global initiatives aimed at conquering poverty, contagious diseases and other global woes.
SINGAPORE: Confidence among companies in Asia lifted slightly in the September quarter from 10-year lows, but most firms do not plan on hiring or expect business to pick up as they see a risk of a global recession looming, a Thomson Reuters/INSEAD survey found.
TOKYO: Oil prices cooled on Wednesday as Saudi Arabia said full oil production would be restored by month's end while caution ahead of an expected U.S. interest rate cut kept wider financial markets in tight ranges.
SEOUL: South Korea said on Wednesday it had approved plans to drop Japan from its "white list" of countries with fast track trade status, responding with a tit-for-tat move that intensifies a growing diplomatic and trade spat between the two countries.
DALLAS: Blaming a weakening global economy, FedEx Corp. sharply slashed its profit outlook in the latest sign that trade tensions are dragging down U.S. corporate titans.
WASHINGTON (Reuters) - U.S. Vice President Mike Pence has canceled plans to meet with the leader of the Solomon Islands to discuss development partnerships after the Pacific island cut ties with Taiwan in favor of China this week, a senior U.S. official said on Tuesday.
PETALING JAYA: Budget 2020 is expected to be a tough one as the government is likely to miss its fiscal target to boost economic growth in light of the slowdown on the global front stemming from the escalating US-China trade war.
ABOARD AIR FORCE ONE: U.S. President Donald Trump said on Tuesday his administration could seal a deal on trade with China before the U.S. presidential election, or an agreement could be reached the day after U.S. voters go to the polls.
LONDON: Many of JPMorgan Chase & Co.’s clients are worried that the rise in bond yields threatens the stock market rally. For the broker and a number of major fund managers it’s actually a blessing.
KUALA LUMPUR: Budget 2020 will likely include a contingency plan to counter the slowdown from the US-China trade war.