Trump’s trade tariffs: Long on rhetoric, short on impact?WASHINGTON: From Bush-era steel duties to the European Union’s “bra wars” skirmish with China, global trade wars have often threatened but never quite gotten off the ground and President Donald Trump’...
Urgent rates decision likely to face next head of China’s central bankSHANGHAI/BEIJING: China's central bank will probably have to respond to an expected US interest rate rise at a particularly sensitive time later this month. Zhou Xiaochuan, the long-serving People's B...
Washington becomes 1st state to approve net-neutrality rulesOLYMPIA: Setting up a likely legal fight with the Trump administration, Washington has become the first state to enact its own net-neutrality requirements after US regulators repealed Obama-era rules...
Sierra Leone votes: little that glitters for gold minersDown a dirt road that slopes off a bridge, hundreds of men and women waist-deep in the river sift through gravel, separating specks of gold from the sludge. It may be the eve of a general election in...
WeChat accounts cross one billion mark: CEOWeChat's worldwide accounts have crossed the one billion mark, according to the chief executive of its parent company Tencent. The all-in-one app is a daily necessity for most Chinese, bringing togeth...
China’s chief economic planner says growth target can be metBEIJING: China's top economic planner expressed confidence Tuesday that stronger consumer spending will help the country meet a 6.5 percent growth target that is little changed from last year despite...
Norway’s $1 trillion wealth fund earned less money due to ethical considerationsOSLO: Norway's $1-trillion sovereign wealth fund, the world's largest, has earned less money because of divestments it has made over the past twelve years due to ethical and environmental consideratio...
Economic, financial impact on Qatar from boycott is fading – IMFDUBAI: The direct economic and financial impact for Qatar as a result of the diplomatic boycott with some Arab states is fading, according to a report from the International Monetary Fund. Qatar's ban...