(Reuters) – China on Tuesday slapped tariffs on U.S. imports in a rapid response to new U.S. duties on Chinese goods, renewing a trade war between the world’s top two economies as President Donald Trump sought to punish China for not halting the flow of illicit drugs. Trump’s additional 10% tariff across all Chinese imports …
Instant View: China announces tit-for-tat tariffs as US levies come into effect Read More »
HONG KONG (Reuters) – China’s Commerce Ministry said on Tuesday that it had put PVH Corp and Illumina on its unreliable entity list after the two companies took what it called “discriminatory measures against Chinese enterprises” and “damaged” legitimate rights and interests of Chinese companies. (Reporting by Farah Master and the Beijing newsroom)
BEIJING (Reuters) – China’s finance ministry on Tuesday announced a package of tariffs on a range of U.S. products in an immediate response to a 10% tariff on Chinese imports announced by U.S. President Donald Trump that went into effect at 0501 GMT. (Reporting by Beijing newsroom; Writing by Greg Torode; Editing by Christian Schmollinger)
(Reuters) – SCB Julius Baer on Tuesday said it has appointed Adrian Mazenauer, currently the head of its wealth management business in Thailand, as its CEO. Mazenauer, who is also the company’s deputy CEO, will be heading the joint venture backed by Swiss wealth manager Julius Baer and Thailand’s Siam Commercial Bank. The news comes …
Julius Baer, Siam Commercial JV appoints Adrian Mazenauer as CEO Read More »
By Yantoultra Ngui SINGAPORE (Reuters) – Indonesia’s sovereign wealth fund, Indonesia Investment Authority (INA), and Japan’s Mitsui & Co are among prospective buyers of CVC Capital Partners’ 25% stake in Indonesian toll road operator RKE International, valued at up to $300 million, two sources with knowledge of the matter said. CVC, a Luxembourg-based investment firm, …
Indonesian fund, Mitsui vie for $300 million stake in toll operator RKE, sources say Read More »
By Yuka Obayashi TOKYO (Reuters) – Japan’s exports of agricultural, forestry and fishery products rose 3.7% to a record high in 2024, despite China’s ban on seafood imports following Tokyo Electric Power’s water discharge from the Fukushima nuclear power plant. Exports last year totalled 1.507 trillion yen ($9.7 billion), up from 1.454 trillion yen in …
Japan’s 2024 food exports hit record high despite China’s seafood import bans Read More »
TOKYO (Reuters) – Japanese Prime Minister Shigeru Ishiba has ordered the swift implementation of measures to give consumers relief from inflated food prices, including an unprecedented release of stockpiled rice to bring down costs, a minister said on Tuesday. At a news conference, Economy Minister Ryosei Akazawa said Ishiba had instructed the cabinet to proceed …
Rice stockpile eyed as Japan PM orders swift relief from rising prices Read More »
(Reuters) – U.S President Donald Trump on Monday said there is a lot of interest in TikTok, as his administration seeks to broker a sale of the popular app. “GREAT INTEREST IN TIKTOK! Would be wonderful for China, and all concerned,” Trump wrote in a post on Truth Social. The app’s fate has been up …
By Scott Murdoch SYDNEY (Reuters) -Chinese bubble tea drinks company Guming Holdings is aiming to raise up to $202 million in a Hong Kong initial public offering, according to regulatory filings on Tuesday. The company is selling 158.6 million shares in a price range of HK$8.68 to HK$9.94 each, the filings showed. In that range, …
Chinese tea drinks firm Guming aims to raise $202 million in Hong Kong IPO Read More »
WASHINGTON (Reuters) – Mailed packages from China must undergo formal customs entry under new tariffs scheduled to be implemented on Tuesday, according to a notice from the U.S. Customs and Border Protection posted online on Monday. Chinese imports that are eligible for temporary duty exemptions will also be subject to U.S. tariffs of 10%, the …
US says packages from China to face formal customs entry under new tariffs Read More »
