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Economic concern and US-China trade dispute ripple through markets
SINGAPORE: Hotel Lotte Co and Hotel Shilla Co, South Korea’s two largest duty-free companies, are among bidders for the rights to take over the liquor and tobacco business at Singapore’s Changi Airport, after long-time operator DFS Group Ltd unexpectedly didn’t bid for the rights again.
IS a global recession now the best chance of forcing a resolution to the escalating trade conflict between the United States and China?
LAUNCESTON, Australia: Is a global recession now the best chance of forcing a resolution to the escalating trade conflict between the United States and China?
Donald Trump has accused Vietnam of treating America ‘even worse’ than China does on trade, and has imposed heavy duties on its steel imports. But tough rhetoric from Washington often belies the deepening convergence of their strategic interests as Beijing shakes up the region’s established order.
KUALA LUMPUR: Maybank Kim Eng Group says a recession in 2019 is unlikely but there is a possibility of it happening in the second half of 2020.
KUALA LUMPUR: In a world where many global trading houses have taken a hit from the US-China trade war, a giant food trader in Singapore says the spat has been a boon for them – at least in grains.
KUALA LUMPUR: Lynas Corp, which operate a controversial rare earth processing plant in Gebeng, near Kuantan, can potentially emerge as a “winner” in the protracted trade war between the United States and China.
TRADE war barbs and retaliations have become a norm for global markets since it began in March 2018.
Ho Chi Minh City: Americans are buying solar panels from Vietnam like never before, but local manufacturer IREX Energy JSC isn’t celebrating.