German luxury car brand Audi on Monday staged the global launch of a new electric sport utility vehicle on the home turf of rival Tesla Inc , and highlighted a deal with Amazon.com Inc to make recharging its forthcoming e-tron models easier.
China likely will not send a trade delegation to Washington after the Trump Administration announced plans to implement tariffs on $200 billion worth of Chinese goods, the South China Morning Post reported on Tuesday, citing an unidentified government source in Beijing.
Struggling national carrier Thai Airways International PCL is pinning hopes of a revival to its 1990s heyday on a new leadership team, jet purchases and improving its brand as tourism booms in the region.
Asian shares fell and copper prices eased on Tuesday after Washington announced new tariffs on Chinese imports, inflaming trade tensions between the world’s two biggest economies.
SpaceX, Elon Musk’s space transportation company, on Monday named its first private passenger on a voyage around the moon as Japanese billionaire Yusaku Maezawa, the founder and chief executive of online fashion retailer Zozo.
By Stephen Nellis and Sonam Rai (Reuters) – The United States will spare Apple Inc’s Watch and other consumer gadgets from the latest round of tariffs on Chinese goods, according to a list of products … …read more […]
China’s commerce minister told representatives of foreign firms on Monday that the United States’ unilateralism and protectionism will impact both U.S. and China’s interests and hurt the global economy.
The Asian Development Bank said on Tuesday it is expanding its presence in the Pacific islands, at a time of competition for influence there, opening seven new country offices and expecting its loans and grants in the region to top $4 billion by 2020.
The United State’s trade actions against China will not work as China has ample fiscal and monetary policy tools to cope with the impact, a senior securities market official said on Tuesday.
The United State’s trade actions against China will not work as China has ample fiscal and monetary policy tools to cope with the impact, a senior Chinese securities market official said on Tuesday.
SpaceX, Elon Musk’s space transportation company, on Monday named its first private passenger as Japanese businessman Yusaku Maezawa, the founder and chief executive of online fashion retailer Zozo.
Chinese Vice Premier Liu He is set to convene a meeting in Beijing on Tuesday morning to discuss the government’s response to the U.S. decision to impose extra tariffs on $200 billion of Chinese goods, Bloomberg News reported, citing a person briefed on the matter.
Japanese Economy Minister Toshimitsu Motegi on Tuesday called for an early solution to the escalating trade war between the United States and China, saying no country wanted tit-for-tat tariff retaliations.
U.S. stock futures and Asian shares fell on Tuesday after U.S. President Donald Trump said he will impose tariffs on an additional $200 billion worth of Chinese imports, in a sharp escalation of the trade conflict between the world’s two biggest economies.
Strong demand doesn’t always equal fat profits. …read more […]
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