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Asia Inc second-quarter profits grow at slowest pace in nearly 2 years as trade tensions rise

Asian companies posted their lowest profit growth in nearly two years in the June quarter and earnings are likely to come under further pressure, weighed down by the escalating U.S.-China trade war and high currency volatility, Reuters analyses showed.

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Business News

U.S. firms in China feeling ‘clear and far reaching’ trade war pinch: survey

American companies in China are being hurt by tariffs in the growing trade war between Washington and Beijing, according to a survey of hundreds of firms, prompting the U.S. business lobbies behind the poll to urge the Trump administration to reconsider its approach.

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