US President Donald Trump has further escalated a trade war, announcing reciprocal tariffs on all countries.…
Category: Global Business News
US tariffs on Mexico, Canada and China take effect, opening door to painful trade war
President Donald Trump’s blanket 25% tariffs on Mexico and Canada took effect on Tuesday, an extraordinary…
Indonesia joins BRICS group of emerging economies
Indonesia joins Russia, China and others in the group, which is viewed as a counterweight to…
Vietnam’s richest man vies to dethrone SE Asia’s ride-hailing king, Grab
Pham Nhat Vuong’s Xanh SM has big ambitions, but critics question its growth potential in a…
Indian billionaire Gautam Adani charged in US for alleged bribery, fraud
US prosecutors have accused Gautam Adani and others of an elaborate scheme to bribe Indian government…
Asia’s export-driven economies brace for upheaval under Trump
Former US president’s proposals for sweeping tariffs threaten to hobble exports that drive the region’s growth.…
EU’s Top Court Rules Against Apple In $14 Billion Tax Case
Apple on Tuesday lost its last bid to avoid paying 13 billion euros ($14.34 billion) in…
Indonesia woos Africa using ‘big boys’ script
Indonesia this week hosted a gathering of African leaders in Bali, trying its luck and following…
China’s Xi promises one million jobs for Africa
Xi pledges $51bn in new financing for African countries at Forum on China-Africa Cooperation. Chinese President…
China-Africa summit 2024: What’s in it for Beijing, and for Africa?
Beijing is looking to woo African countries with more investment dollars in exchange for better access…