Since the United States accused Vietnam of being a hub for counterfeit goods, Tran Le Chi has found it increasingly hard to track down her favourite fake Chanel T-shirts, Gucci sunglasses and Louis Vuitton handbags.As Vietnam’s government tries to head off President Donald Trump’s threatened 46 percent tariff, it has launched a crackdown on fake …
Made in Vietnam: Hanoi cracks down on fake goods as US tariffs loom Read More »
US President Donald Trump will this week give TikTok a fresh 90-day extension to find a non-Chinese buyer, the White House said Tuesday, the third time he has put off a threatened ban on the popular app.A federal law requiring TikTok’s sale or ban on national security grounds was due to take effect the day …
Oil prices jumped and stocks mostly fell Tuesday after President Donald Trump abruptly departed G7 talks and concerns rose over a possible US intervention in the Israel-Iran war.Investors’ optimism the previous day that the conflict would not spread throughout the Middle East gave way to fears of further escalation as the fighting entered its fifth …
Oil prices jump, stocks drop as traders track Israel-Iran crisis Read More »
Xi Jinping celebrated China’s “eternal friendship” with Central Asia at a summit in Kazakhstan on Tuesday, as the Chinese leader blasted tariffs and sought to assert Beijing’s influence in a region historically dominated by Russia.The summit in Astana brought together Xi with the leaders of Kazakhstan, Kyrgyzstan, Uzbekistan, Tajikistan and Turkmenistan.Under Russia’s orbit until the …
China’s Xi in Kazakhstan to cement ‘eternal’ Central Asia ties Read More »
The Bank of Japan kept interest rates unchanged Tuesday and said it would taper its purchase of government bonds at a slower pace, as trade uncertainty threatens to weigh on the world’s number four economy.The central bank has spent many years buying up Japanese Government Bonds (JGBs) to keep yields low as part of an …
Bank of Japan holds rates, will slow bond purchase taper Read More »
The Bank of Japan kept interest rates unchanged Tuesday and said it would taper its purchase of government bonds at a slower pace amid concerns about the effect of trade uncertainty on the world’s number four economy.The central bank spent years buying up Japanese Government Bonds (JGBs) to keep yields low as part of an …
Bank of Japan holds rates, says to slow bond purchase taper Read More »
Oil prices rallied Tuesday after Donald Trump urged Tehran residents to evacuate, stoking fresh fears of all-out war as Israel and Iran continued to pound each other with missiles.Hopes that the deadly conflict can be contained helped most equities rise, while the US president’s earlier claim that the Islamic republic wanted to make a nuclear …
Oil prices jump after Trump’s warning, stocks extend gains Read More »
Chinese President Xi Jinping will meet Central Asian leaders at a summit in Kazakhstan on Tuesday, his second trip to the region in under a year as Beijing competes with Russia for influence there.The summit in the Kazakh capital brings together Xi — who arrived in Astana on Monday — and the leaders of Kazakhstan, …
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Stocks rose and oil prices retreated Monday as fears of a wider Middle East conflict eased even as Israel and Iran pounded each other with missiles for a fourth day.The dollar dipped against the euro and pound, while safe-haven gold declined slightly.”As things stand, investors seem less fearful than they were going into the weekend …
Oil prices drop, stocks climb as Iran-Israel war fears ease Read More »
Nepal said Monday it has begun regular commercial electricity exports to Bangladesh, marking its entry into the international power market beyond neighbouring India.The landlocked Himalayan nation started transmitting 40 megawatts (MW) of electricity to Bangladesh via India on Sunday under a five-year agreement.”Nepal will continue supplying electricity to Bangladesh during the monsoon season from mid-June …
Nepal begins commercial power export to Bangladesh Read More »
