Latest International trade News
Asian shares fall on US friction with China, Hong Kong fears
BANGKOK (AP) — Shares slipped in Asia on Friday as tensions flared between the U.S. and China and as more job losses compounded the economic fallout from the coronavirus pandemic. Hong Kong’s benchmark led regional losses, dropping 3.9% to 23,332.78 after the central government in Beijing said...
Retailers reopening more stores, tourism expanding
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Thursday related to national and global response, the work place and the spread of the virus. ________________________ RETAIL ROUNDUP: Macy’s warns it could lose more than a $1...
White House report blasts Chinese 'malign activities'
WASHINGTON (AP) — Beyond its hard-hitting rhetoric against China over its handling of the coronavirus, the White House has issued a broad-scale attack on Beijing's predatory economic policies, military buildup, disinformation campaigns and human rights violations. The 20-page report does not signal a...
India-Nepal territorial dispute flares over road to Tibet
NEW DELHI (AP) — A long-running territorial dispute between India and Nepal has flared over a new Indian-built road to a revered Hindu pilgrimage site in Tibet that Nepal says passes through its territory. India has issued a strongly worded statement in which it objected to a new map issued by the Nepalese...
Recession-hit Japan's exports, imports fall due to pandemic
TOKYO (AP) — Recession-hit Japan's exports plunged nearly 22% in April, marking their worst drop in more than a decade, as the coronavirus pandemic slammed global demand for autos, machinery and chemicals. Imports fell 7% from a year earlier, according to Finance Ministry data released Thursday. The drop...
The Latest: Japan ending state of emergency in 3 prefectures
The Latest on the coronavirus pandemic. The new coronavirus causes mild or moderate symptoms for most people. For some, especially older adults and people with existing health problems, it can cause more severe illness or death. TOP OF THE HOUR: — Japan approves lifting state of emergency in three...
Asian stocks mixed amid China tension with US, Australia
Asian stock markets were mixed Thursday after Wall Street rose despite trade tensions between China and Washington and Australia. Investors were looking ahead to Friday’s meeting of China’s legislature for details of possible new steps by Beijing to stimulate its virus-battered economy. Benchmarks...
Venezuela to escort Iranian tankers bringing needed fuel
CARACAS, Venezuela (AP) — Venezuela’s defense minister said Wednesday that planes and ships from the nation's armed forces will escort Iranian tankers arriving with fuel to the gasoline-starved country in case of any U.S. aggression. Defense Minister Vladimir Padrino López said Venezuela's...
UN chief: Virus could push millions of Africans into poverty
UNITED NATIONS (AP) — U.N. Secretary-General Antonio Guterres warned Wednesday that the coronavirus pandemic threatens Africa’s progress and could push millions into extreme poverty. The U.N. chief said in a video message launching a policy report on “The Impact of COVID-19 in Africa”...
The Latest: UN chief warns pandenic threatens Africa
The Latest on the coronavirus pandemic. The new coronavirus causes mild or moderate symptoms for most people. For some, especially older adults and people with existing health problems, it can cause more severe illness or death. TOP OF THE HOUR: — UN Secretary-General warns virus pandemic threatens...
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