News Articles on {?keyword?} | ABS-CBN News

Vatican rebukes priests over 'tariffs' for weddings, funerals

Ella Ide, Agence France-Presse
Posted at Jul 21 05:23 AM

The Vatican on Monday reminded its priests they should not be charging fixed prices for celebrating weddings and funerals, and that such ceremonies could be performed by lay people where necessary. Read more »

US-China trade deal 'impacted' by coronavirus

Agence France-Presse
Posted at Jun 11 10:01 PM

US-China tensions have been rising this year since the signing of a partial trade deal in January, with officials swapping barbs over the origin of the pandemic -- which first surfaced in central China and has since ravaged the global economy. Read more »

Taas-presyo sa petrolyo inaasahan

ABS-CBN News
Posted at May 05 04:17 PM

Inaasahang tataas ang presyo ng produktong petrolyo matapos magpataw ang gobyerno ng dagdag na buwis sa imported na langis.   Read more »

Duterte hikes tariffs on imported oil, refined petroleum to fortify COVID-19 response

Arianne Merez, ABS-CBN News
Updated as of May 04 06:47 PM

President Rodrigo Duterte hiked tariffs on crude oil and refined petroleum products by 10 percent to help fund the government's response to the coronavirus pandemic. Read more »

Rice prices to fall further on second year of tariffs: NEDA

Arianne Merez, ABS-CBN News
Updated as of Mar 04 03:54 PM

The price of rice may drop further to P34 per kilo by the end of the year from the prevailing P36, an economic official said Wednesday after the government exceeded its target last year.  Read more »

China planner says regions at low risk of virus must resume activity

Reuters
Posted at Feb 25 05:58 PM

Chinese regions deemed at low risk from the coronavirus outbreak should fully resume normal activities and end transport bans, an official at the state planning agency said on Tuesday. Read more »

China cuts loan rate as it battles coronavirus impact

Agence France-Presse
Updated as of Feb 20 03:17 PM

China on Thursday announced it would cut interest rates in a bid to boost the economy, as it battles the economic fallout of the new coronavirus outbreak.   Read more »

Airbus 'deeply regrets' US tariff hike to 15 percent

Agence France-Presse
Posted at Feb 16 05:36 PM

Friday's decision to hike tariffs from March 18 "further escalates trade tensions between the US and the EU," the European aerospace giant said in a statement. Read more »

Virus outbreak pushes up China's inflation to highest level in 8 years

Kyodo News
Posted at Feb 10 07:18 PM

China's consumer prices rose at their fastest pace in over eight years in January, as uncertainties about the outbreak of a new coronavirus prompted people to stock up on daily necessities. Read more »

China to cut tariffs on $75 billion in US imports

Beiyi Seow, Agence France-Presse
Posted at Feb 06 02:30 PM

The reduction will apply to levies of five percent and 10 percent that were imposed on more than 1,700 items in September, according to the State Council Tariff Commission.   Read more »

Trump, WTO chief to discuss changes to trade arbiter

Reuters
Posted at Jan 22 10:10 PM

US President Donald Trump on Wednesday vowed dramatic action with the World Trade Organization, saying the group's director general would visit Washington as soon as next week, but giving no other details.   Read more »

Trump’s next trade fight could be with Europe

Ana Swanson and Jack Ewing, The New York Times
Posted at Jan 17 08:51 AM

In remarks in Washington on Thursday morning, Phil Hogan, the new European trade commissioner, gave a frank assessment of an important trading relationship that had grown troubled on many fronts. Read more »

Phase 2 of China trade deal to address certain tech issues -US

Reuters
Updated as of Jan 15 09:51 PM

US Treasury Secretary Steven Mnuchin said on Wednesday that some technology and cybersecurity issues would be resolved in the next chapter of a deal to end a trade dispute between the United States and China.   Read more »

US, China agree to semi-annual talks aimed at reforms, resolving disputes

Reuters
Posted at Jan 12 07:37 AM

The United States and China have agreed to restart semi-annual talks aimed at resolving economic disputes between the two countries, a process abandoned at the start of the Trump administration as a trade conflict between the countries escalated.   Read more »

China's Vice Premier to sign US trade deal in Washington next week

Reuters
Posted at Jan 09 09:52 PM

China's Vice Premier Liu He, head of the country's negotiation team in Sino-US trade talks, will sign a "Phase 1" deal in Washington next week, the commerce ministry said on Thursday. Read more »

As Trump tariffs loom, US wine lovers battle tech giants

Douglas Gillison, Agence France-Presse
Posted at Jan 05 10:22 AM

President Donald Trump last month threatened to punish Paris for a new tax on tech giants like Netflix and Amazon, unveiling sky-high retaliatory duties on about $2.4 billion in French wines, makeup and leather handbags.   Read more »

China's Xi turns to financial experts to tame economic risks

Keith Zhai and Cheng Leng, Reuters
Posted at Dec 29 09:21 PM

As China struggles to deal with the slowdown of the world’s second-largest economy, it has embarked on a new strategy of placing financial experts in provinces to manage risks and rebuild regional economies. Read more »

China signals stepping up economic support in 2020

Agence France-Presse
Posted at Dec 24 01:25 PM

It has been a tough year for China's economy, which is expanding at its weakest rate for three decades as it is buffeted by a long-running trade war with the United States as well as a slowdown in global demand for its goods. Read more »

China to lower import tariffs from January

Agence France-Presse
Posted at Dec 23 04:52 PM

China will lower import tariffs on more than 850 products including frozen pork from next month, the finance ministry said Monday, as authorities battle a severe shortage of the meat staple. Read more »

China to lower import tariffs on some products from Jan 1

Reuters
Updated as of Dec 23 11:29 AM

China will lower tariffs on products ranging from frozen pork and avocado to some type of semiconductors next year, the finance ministry said, as Beijing looks to boost imports amid a slowing economy and a trade war with the United States.  Read more »