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Monday, October 21, 2019

Tag: trade dispute

Hong Kong protesters sit-in at subway station as bank warns of...

Bank warns social unrest in Hong Kong, a trade dispute between China and the United States could affect the economies of China and the former British colony.

Japan, S.Korea agree on need for dialogue to resolve wartime labour...

Relations soured after the South Korean Supreme Court ordered some Japanese firms to compensate Korean wartime workers, a move strongly condemned by Tokyo.

Japan allows further exports of high-tech material to S.Korea

Relations between the two US allies worsened late last year when a South Korean court ordered Japanese companies to compensate former labourers forced by the firms to work during WWII.

Thai economy’s growth weakest since 2014 as trade war, baht bite

Thailand’s trade-reliant economy has been hit by slumping exports, a surging currency and cooling tourist arrivals.

S.Korean cosmetics firm’s boss quits over YouTube video praising Japan

The video, played at a monthly meeting of some 700 employees of Kolmar Korea last week, praises Shinzo Abe for 'not punching Moon Jae-in in the face'.

Another trade war brewing as Indonesia threatens the EU

The EU is Indonesia’s third-largest trading partner while Indonesia ranks 31st for the EU.

Japanese car sales plunge in S.Korea as trade row rages

The slump comes amid an intensifying trade dispute between Seoul and Tokyo.

S.Korea pledges support for firms affected by Japan’s curbs

The Financial Services Commission has started operating an emergency response team to monitor the situation and its impact on businesses.

Japan to remove Seoul from favoured export partner ‘white list’

The measure is the latest blow to ties between South Korea and Japan, which have plunged to new lows over a long-running dispute on forced labour during World War II.

Japan set to remove S.Korea from favoured trade list

The move is part of an ongoing trade war between the two neighbours in the Pacific region after Tokyo slowed down supply of 3 vital electronic items to Seoul in early July.

US will sanction any countries that import Iranian oil

The US will look at reports of Iranian crude going to China.

China minister says provoking trade disputes is ‘naked economic terrorism’

Zhang Hanhui has described trade disputes between the United States and China as a ‘naked economic terrorism’.

Oil prices firm on trade hopes, but record US output drags

Prices are rising on hopes that Washington and Beijing could resolve their trade disputes, which have dented global economic growth.

China proposes US$30 billion more US agriculture purchases

The offer would be part of the memoranda of understanding under discussion by US and Chinese negotiators in Washington.

Finance chief: Hong Kong economy stalls amid trade dispute

Economic growth in the semi-autonomous Chinese city for the last quarter of 2018 was less than 1.5% - the weakest since the first quarter of 2016.

China’s Supreme Court to take on intellectual property cases

China's deputy chief justice says the Supreme Court will begin handling appeals on intellectual property rights cases from Jan 1 where previously only provincial-level high courts would handle them.

Democrat-led House seen backing Trump’s China trade war

Democrats, the traditional party of trade unions, is likely to back President Donald Trump's trade war with China, especially for their hoped-for effect on helping American workers.

Trump says will meet China’s Xi as trade talks ‘move along’

The United States has already imposed tariffs on US$250 billion worth of Chinese goods, and China has responded with retaliatory duties on US$110 billion worth of US goods.

US draws China FX into trade dispute as IMF calls for...

The Fund's member countries agreed to debate ways to improve the World Trade Organization so it can better address trade disputes.

US crude oil shipments to China “totally stopped” amid trade war

Washington and Beijing have slapped steep import tariffs on hundreds of goods in the past months and Chinese oil importers have shied away from new orders for US crude oil recently.

WTO paints gloomier global trade picture

The WTO's downgrade comes only days after US President Donald Trump's tariffs on another US$200 billion of Chinese imports took effect.

China sets retaliatory tariffs on US$60 billion in US goods

The US imported around US$500 billion worth of products from China last year, compared to US$130 billion in US goods imported by the Asian country.

Alibaba’s Jack Ma warns US-China trade war could last 20 years

Ma’s remarks carry particular weight because he is an icon of Chinese innovation and has been seen as an ambassador to the US.

Trump to slap 10% tariff on US$200 billion of Chinese goods

President Donald Trump is barreling ahead with his vow to punish China for alleged unfair trading practices, despite an invitation this month from Treasury Secretary Steven Mnuchin to restart trade talks with Beijing.