china says us demand on its state owned enterprises is invasion on economic sovereignty China says US demand on its state-owned enterprises is 'invasion' on economic sovereignty

16:31 | 27/05/2019 Global Economy

The United States has called on China to curb the development of its state-owned enterprises (SOEs), a demand that China sees as an “invasion” on its economic sovereignty, Chinese state news agency Xinhua said on Saturday.
un lowers economic growth forecasts amid high trade tensions policy uncertainty UN lowers economic growth forecasts amid high trade tensions, policy uncertainty

15:16 | 24/05/2019 Global Economy

The United Nations (UN) on Tuesday cut its predictions for global economic growth in 2019 and 2020 due to unresolved trade tensions, high international policy uncertainty and softening business confidence.
garbage issue worsens philippines canada relations Garbage issue worsens Philippines-Canada relations

15:32 | 23/05/2019 Global Economy

Relations between the Philippines and Canada are getting tenser after Philippine President Rodrigo Duterte on May 22 ordered authorized agencies to hire a private shipping company to send 69 containers of garbage back to Canada and leave them within its territorial waters if the country refuses to accept the trash.
japan economy to continue recovery on govt stimulus Japan economy to continue recovery on gov't stimulus

10:36 | 22/05/2019 Global Economy

Finance Minister Taro Aso said Tuesday the Japanese economy will continue to recover on fiscal stimulus, after government data the previous day showed surprising growth.
us delays huawei ban for 90 days US delays Huawei ban for 90 days

14:09 | 21/05/2019 Global Economy

The US government on Monday (May 20) eased some restrictions imposed last week on China's Huawei, a sign of how the prohibitions on the telecommunications company may have far-reaching and unintended consequences.
us lifts tariffs on canadian mexican metals in boost for trade pact US lifts tariffs on Canadian, Mexican metals in boost for trade pact

10:50 | 20/05/2019 Global Economy

The United States struck deals on May 17 to lift tariffs on steel and aluminum imports from Canada and Mexico, the three governments said, removing a major obstacle to legislative approval of a new North American trade pact.
oil prices rise more than 1 as middle east conflict persists Oil prices rise more than 1% as Middle East conflict persists

15:56 | 17/05/2019 Global Economy

Oil futures were up more than 1% on Thursday as tensions in the Middle East grew, with a Saudi-led coalition launching air strikes in retaliation for recent attacks on its crude infrastructure.
german economy fends off recession grows 04 percent in q1 German economy fends off recession, grows 0.4 percent in Q1

16:13 | 16/05/2019 Global Economy

The German economy received a welcome impetus on Wednesday with the announcement that the country's gross domestic product grew by 0.4% in the first quarter of 2019.
china announces tariff increase on us goods China announces tariff increase on US goods

10:15 | 15/05/2019 Global Economy

Reuters and Xinhua have cited China's Ministry of Finance as saying China will raise tariffs on US imports, worth US$60 billion, from June 1.
trump to china trade deal now or it will be far worse after 2020 Trump to China: Trade deal now or it will be 'far worse' after 2020

14:08 | 13/05/2019 Global Economy

President Donald Trump warned China on Saturday that it should strike a trade deal with the U.S. now, otherwise an agreement would be "far worse for them if it has to be negotiated in my second term."
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