World Business News
China, US Discuss Tariff Cuts at First Trade Council Meeting
China's Commerce Ministry says Beijing and Washington discussed tariff cuts and farm trade at their first trade council meeting.
Category: Trade
World Business News
Trump Threatens to Double Mexico Tariffs Over Migrant Caravans
Trump threatened to double Mexico tariffs on Mexican goods over migrant caravans, while Sheinbaum said none had reached the US border.
World Business News
Thailand Says US Tariff Talks Concluded on Main Principles
Thailand's foreign minister says US tariff talks are concluded on main principles, with details and parliamentary approval still pending.
World Business News
South Korea’s Early November Exports More Than Double
South Korea's exports reached $33.5 billion in November's first 10 days, as chip shipments jumped 331% from a year earlier.
World Business News
Canada Extends Relief From Counter-Tariffs on US Goods to 2028
Canada extended tariff relief on certain US imports to June 2028 while ending relief for some goods made at home.
World Business News
China Extends Pause on 24% US Tariff by Two Months
Beijing will keep its additional 24% tariff on US goods suspended for two more months, while retaining a 10% levy, its tariff commission said.
Stocks and Markets
FBM KLCI Expected to Trade Cautiously Following Global Recovery
Bursa Malaysia is expected to trade cautiously on Tuesday as investors weigh global technology rebounds against lingering sector uncertainties.
World Business News
China’s Wang Urges Austria to Treat Chinese Firms Fairly
China's commerce minister Wang Wentao urged Austria to give Chinese firms a fair, non-discriminatory environment at a new bilateral business council.
World Business News
Trump Warns of Up to 300% Tariffs Despite Midterm Losses
Trump says foreign firms that skip building US factories could face up to 300% tariffs, days after Republicans' midterm defeat.
World Business News
China Vows Response to US Sanctions on Firms Over Cuba
China's commerce ministry opposes US sanctions on two Chinese firms over Cuba ties and reserves the right to take necessary measures.
World Business News
Bessent, Greer Press China to Honour Busan Trade Commitments
US officials Bessent and Greer urged China to fully implement Busan trade commitments on rare earths and farm purchases before APEC.
World Business News
India Sees Less Urgency for US Trade Deal After Midterms
Economists say the US midterm result has eased pressure on India to rush a trade deal with Washington, though they do not expect tariffs…
Economy and Business
Black Sea Attacks Push Up Wheat Prices, Squeeze Ukraine
Attacks on Black Sea shipping are disrupting grain exports, with Chicago wheat futures up a fifth in a year, while Ukraine faces stalled exports,…
World Business News
Canada, China Extend Canola, Seafood Tariff Relief to 2028
Canada and China agreed to extend favourable market access for Canadian canola meal, peas, lobsters and crab to the end of 2028, while Ottawa…
World Business News
Nvidia Asks Cloud Partners to Cap China Business at 49%
Nvidia has told data centre and cloud partners that Chinese clients should make up no more than 49% of business under future contracts, the…
World Business News
US to Suspend South Africa, Rwanda From AGOA Duty-Free Trade
Washington will remove South Africa and Rwanda from the AGOA duty-free trade programme from Jan 1, 2027, putting South African citrus, wine and auto…