Hong Kong bankers move to suspend accounts on U.S. sanctions
Banks operating in Hong Kong are stepping up scrutiny of their customers and at least one U.S. bank is moving to suspend accounts to avoid…
Virus speeds up Indian steel mill’s plan to overhaul U.S. business
The coronavirus pandemic is accelerating India’s most valuable steelmaker’s plans to overhaul its loss-making U.S. operations.
Unified Gulf council backs extension of Iran arms embargo
The Gulf Cooperation Council called for the United Nations Security Council to extend an arms embargo against Iran, an effort that dovetails with U.S. efforts…
U.S. visit to Taiwan begins, adding to rising China tensions
Health and Human Services Secretary Alex Azar will arrive in Taiwan on Sunday for the highest-ranking visit by a U.S. official to the island in…
India bans import of $47 billion defense items in buy-local push
India will stop importing more than 100 items used by its armed forces in a bid to boost local manufacturing.
U.K. set to remove tariffs on Japanese cars in 2026, Nikkei says
The U.K. is set to abolish tariffs on Japanese cars by 2026 under a trade deal the two countries are seeking to complete by the…
U.S. sanctions Hong Kong’s Chief Carrie Lam over China crackdown
The U.S. is placing sanctions on 11 Chinese officials and their allies in Hong Kong, including Chief Executive Carrie Lam, over their roles in curtailing…
China to expand policy support for exporters, Xinhua says
China’s Ministry of Commerce will expand policy support for exporters as the global environment in the second half remains challenging for such companies, Xinhua reported.
Aluminum makers in Canada could duck Trump’s fresh tariff
Donald Trump just went back on the offensive with Canada, reviving a tariff on the country’s aluminum shipments. But thanks to some oddities in the…
Sweet-toothed Indonesia to cut dependence on sugar imports
Indonesia, the world’s biggest buyer of sugar, is striving to cut imports by boosting domestic production at a time when rising affluence is increasing demand…
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