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Home2019June

Month: June 2019

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Business News

U.S. urges Cambodia to probe China-owned economic zone on tariff dodging

June 28, 2019 admin Comments Off on U.S. urges Cambodia to probe China-owned economic zone on tariff dodging

The United States on Friday urged Cambodia to investigate a Chinese-owned special economic zone after uncovering efforts by firms operating there to evade duties on products destined for export to the United States.

…read more […]

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Business News

India’s Modi says one-sided decisions drive development of global economy

June 28, 2019 admin Comments Off on India’s Modi says one-sided decisions drive development of global economy

The development of the global economy is largely driven by one-sided decisions and disputes felt by the entire system, Indian Prime Minister Narendra Modi said on Friday.

…read more […]

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Business News

Bids to destroy WTO or lower its role counter-productive: Putin

June 28, 2019 admin Comments Off on Bids to destroy WTO or lower its role counter-productive: Putin

Attempts to lower the role of the World Trade Organisation (WTO) or to destroy it are counter-productive, Russian President Vladimir Putin said on Friday.

…read more […]

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China’s Xi says Gulf stands at ‘crossroads of war and peace’

June 28, 2019 admin Comments Off on China’s Xi says Gulf stands at ‘crossroads of war and peace’

The Gulf region is in a very sensitive situation and is “standing at a crossroads of war and peace”, Chinese President Xi Jinping said on Friday, calling for calm and restraint and talks to resolve the issue.

…read more […]

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Business News

Germany’s Merkel says trade, Iran on agenda in Trump summit

June 28, 2019 admin Comments Off on Germany’s Merkel says trade, Iran on agenda in Trump summit

German Chancellor Angela Merkel said her summit meeting with U.S. President Donald Trump on Friday would cover a wide range of topics including trade, investments, West Africa, counter-terrorism and Iran.

…read more […]

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Trump talks trade at G20, China’s Xi warns against protectionism

June 28, 2019 admin Comments Off on Trump talks trade at G20, China’s Xi warns against protectionism

U.S. President Donald Trump made clear on Friday that trade was a top priority at a summit of leaders of Group of 20 nations, as Chinese leader Xi Jinping warned against rising protectionism and India and Russia defended multilateral trade rules.

…read more […]

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Japan PM Abe calls for strong G20 message on free trade

June 28, 2019 admin Comments Off on Japan PM Abe calls for strong G20 message on free trade

Japanese Prime Minister Shinzo Abe on Friday urged leaders from the Group of 20 major economies to deliver a strong message to support “free, fair and indiscriminate” trade as he expressed “deep concerns” over the current landscape of global trade.

…read more […]

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Asian shares falter as Trump-Xi trade jitters build

June 28, 2019 admin Comments Off on Asian shares falter as Trump-Xi trade jitters build

Asian shares stumbled on Friday amid rising doubts that a highly anticipated meeting between U.S. President Donald Trump and Chinese President Xi Jinping this weekend could lead to an easing of trade tensions.

…read more […]

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Oil prices fall as market awaits G20, OPEC meeting

June 28, 2019 admin Comments Off on Oil prices fall as market awaits G20, OPEC meeting

Oil prices eased on Friday in a cautious market, as traders eyed a scheduled meeting between U.S. President Donald Trump and Chinese President Xi Jinping at the G20 summit and next week’s OPEC meeting.

…read more […]

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Asian shares inch up as investors await Trump-Xi meeting

June 28, 2019 admin Comments Off on Asian shares inch up as investors await Trump-Xi meeting

Share markets in Asia edged higher early on Friday morning as investors clung on to hopes that a highly anticipated meeting between U.S. President Donald Trump and Chinese President Xi Jinping this weekend could lead to an easing of trade tensions.

…read more […]

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Oil prices steady, focus turns to G20 gathering

June 28, 2019 admin Comments Off on Oil prices steady, focus turns to G20 gathering

Oil prices were steady on Friday, with focus shifting to the G20 summit where a scheduled meeting between U.S. President Donald Trump and Chinese President Xi Jinping has stirred hopes that trade tensions could ease.

…read more […]

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Australia’s Domino’s Pizza rejects workers’ allegations over underpaid wages

June 28, 2019 admin Comments Off on Australia’s Domino’s Pizza rejects workers’ allegations over underpaid wages

Australia’s Domino’s Pizza Enterprises Ltd said on Friday it did not mislead franchisees over payments to their employees and that it had not formally received court documents about a class action from workers over underpayment of wages.

…read more […]

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Business News

Australia’s Domino’s Pizza says it will defend itself against staff underpayment class action

June 28, 2019 admin Comments Off on Australia’s Domino’s Pizza says it will defend itself against staff underpayment class action

Australia’s Domino’s Pizza Enterprises said on Friday it did not mislead franchisees over payments to their employees and that it had not formally received court documents about a class action.

…read more […]

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Faces for cookware: data collection industry flourishes as China pursues AI ambitions

June 28, 2019 admin Comments Off on Faces for cookware: data collection industry flourishes as China pursues AI ambitions

In a village in central China’s Henan province, amid barking dogs and wandering chickens, villagers gather along a dirt road to trade images of their faces for kettles, pots and tea cups.

…read more […]

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Factbox: From phone makers to farmers, the toll of Trump’s trade wars

June 28, 2019 admin Comments Off on Factbox: From phone makers to farmers, the toll of Trump’s trade wars

U.S. President Donald Trump and Chinese President Xi Jinping are expected to meet on Saturday to seek an end to a costly trade war between the world’s largest economies.

…read more […]

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