Business News

Tough South China Sea talks ahead as Vietnam seeks to curb China's actions

It will be negotiated over the coming year by senior ASEAN and Chinese officials and has not yet been released publicly.

Dec 31, 2018

By Reuters

Tokyo court says extends detention of Nissan's Ghosn until January 11

Ghosn, accused of aggravated breach of trust, is facing allegations of making the car maker shoulder 1.85 billion yen ($16.8 million) in personal investment losses.

Dec 31, 2018

By Reuters

Oil prices set for first annual decline since 2015

Hints of progress on a possible U.S.-China trade deal helped bolster sentiment, which has been battered by concerns over a weaker global economic outlook.

Dec 31, 2018

By Reuters

Workers install the chassis along a production line at a truck factory of Anhui Jianghuai Automobile Co. Ltd (JAC Motors) in Hefei, Anhui province

China's factory activity falls for first time in 2-1/2 years

New export orders contracted for a seventh straight month on faltering external demand, with the sub-index falling to 46.6 from the previous month's reading of 47.0.

Dec 31, 2018

By Reuters

Curb on foreign e-commerce players to affect FDI inflow in India: US industry body

The statement has come after the Modi led government introduced changes to the foreign direct investment policy for the e-commerce segment.

Dec 30, 2018

By Ashish Shukla

Anti-Brexit demonstrators wave EU and Union flags opposite the Houses of Parliament, in London

UK trade minister says '50-50' chance Brexit may be stopped

Earlier this month, May pulled a planned vote on her deal after admitting parliament would reject it.

Dec 30, 2018

By Reuters

donald-trump-says-everybody-and-his-uncle-wants-defense-secretary-job-while-visiting-troops-in-iraq

Trump says "big progress" on possible China trade deal

The shutdown, affecting about one-quarter of the federal government including 800,000 or so workers, began when funding for several agencies expired.

Dec 30, 2018

By Reuters

China, India should handle disputes constructively: President Xi Jinping

India overtakes China in FDI inflows first time in 20 years

While India received more than $38 billion in FDI so far this year China lagged behind with $32 billion, data from global M&A and capital markets data provider showed.

Dec 29, 2018

By Jacob Nelly

IndiGo's poor customer care record forces parliamentary panel to flag airline

Committee raps low-budget carrier's policies towards excess baggage, approach to customer complaints and festival season fares.

Dec 29, 2018

By Prathapan Bhaskaran

Is China buying U.S. soy? Washington shutdown keeps traders guessing

ADM and Cargill said on Friday they had no comment. The other two companies could not immediately be reached for comment.

Dec 29, 2018

By Reuters

Trade wars cost US, China billions of dollars each in 2018

It hurt both sides particularly hard because China is the world's biggest soybean importer and last year relied on the United States for $12 billion worth of the oilseed.

Dec 29, 2018

By Reuters

Retailers retaliate: Offline vendors stop stocking Bosch, Siemens products

Brick-and-mortar chains will not stock German manufacturer's products after it failed to stop online deep discounts

Dec 28, 2018

By Prathapan Bhaskaran

Investors monitor stock market prices in Kuala Lumpur

Asia stocks lifted as Wall Street extends comeback

MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.3 percent. It has fallen almost 4 percent so far in December.

Dec 28, 2018

By Reuters

Nissan to cut China auto output over three months as demand slows: source

China is Nissan's second-largest market, accounting for roughly one-quarter of its annual global vehicle sales.

Dec 28, 2018

By Reuters

White House mulls new year executive order to bar Huawei, ZTE purchases

Huawei and ZTE did not return requests for comment. Both in the past have denied that their products are used to spy.

Dec 28, 2018

By Reuters

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