Tag: US-China trade war
Christine Lagarde says global growth could slow if trade tension continues.
Thailand joins countries like Malaysia and Vietnam that are reporting soaring investment as global supply chains shift.
The deputy minister also stresses the external nature of many of Malaysia's economic challenges.
Nikkei Asian Review reports that the company has asked its major suppliers to assess the implications of such a move.
The US-China trade war is escalating as Washington plans another wave of tariffs on Chinese imports set to further effect the global economy.
The Ringgit opened lower today as investors stayed on the sidelines due to global economy uncertainty and the US-China trade war.
The deputy international trade and industry minister says the US-China trade war and other factors have resulted in more China firms showing interest in Malaysia.
Broadcom expects to lose out on a billion dollars of revenue per quarter in the rest of the year.
Some manufacturers are illegally claiming their goods are from Vietnam when in fact they originate in China.
Vietnam gained orders from trade diversion on tariffed goods equal to 7.9% of gross domestic product in the year through the first quarter of 2019.
Investors are on alert to see what impact escalating trade feuds might have on the global outlook, but refrained from further judgment in early trading hours Monday following last week’s selloff in riskier assets.
Ramon Navaratnam labels US’ inclusion of Malaysia in the watchlist as 'cowboy economics' and 'isolationist'.
Will China retaliate against US companies such as Apple and Nike after Huawei's ban?
Trump says businesses are leaving China for countries without tariffs, including the US and Asian neighbours including Japan.
Tokyo has rose 0.3%, while Jakarta has gained 0.7%. But Hong Kong has lost 0.5%, while Shanghai has edged down 0.3%.
Economists say there are ways for China to get around the US ban, and that Malaysia should grab the opportunity.
This comes after US President Donald Trump banned US firms from doing business with Huawei citing national security concerns.
IMF researchers say that US companies are paying the cost from Donald Trump's tariffs on Chinese imports, a recent revelation disputing that China is footing the bill.
Vodafone are suspending pre-orders of Huawei Mate 20X in the United Kingdom after the Chinese mobile brand's security controversies surfaced.
Such a restriction would represent 100% of estimated Apple earnings exposure to both mainland China and Hong Kong.
After Huawei, two surveillance companies are experiencing share drops as Washington considers banning them from purchasing US components.
Experts at the Techtextil & Texprocess 2019 intenational trade fair say Malaysia's high labour costs can be offset by automation.
The ongoing trade clash between Beijing and Washington is 'not good for business', a survey of European firms in China has found.
Chinese premier Xi Jinping claims there is never a 'clash' of civilisation between the United States and China in the heated up US-China trade war.