News

Global stocks mixed as trade war fears linger

Agence France-Presse
Posted at Jun 21 08:27 AM

World stock markets were a mixed bag on Wednesday as some investors fished for bargains and others gave in to anxiety over simmering trade tensions between China and the United States.   Read more »

Polish firms interested in investing in PH: European chamber

ABS-CBN News
Posted at Jun 20 05:12 PM

Manila could lose out if fiscal incentives for foreign investors are removed, said Guenter Taus, president of the European Chamber of Commerce in the Philippines.    Read more »

Asia business sentiment slips from 7-year high on trade worries: poll

Liz Lee, Reuters
Posted at Jun 20 11:55 AM

The Thomson Reuters/INSEAD Asian Business Sentiment Index, representing a six-month outlook from 61 firms, fell to 74 in the second quarter from a seven-year high of 79 in the prior 3 months. The survey was conducted over June 1-15. Read more »

Trade fears hit stocks, commodities as investors eye safety

Sinéad Carew, Reuters
Posted at Jun 20 08:22 AM

US soybean futures were among the biggest casualties after President Donald Trump threatened to impose a 10 percent tariff on another $200 billion of Chinese goods, a threat that China's commerce ministry described as "blackmailing," vowing to retaliate. Read more »

Trump's latest swipe at Canada? Smuggling US shoes

Agence France-Presse
Posted at Jun 20 06:35 AM

After citing national security reasons for slapping tariffs on Canadian metals, Donald Trump escalated his attacks on America's northern neighbor Tuesday, claiming its citizens were smuggling shoes across the border.   Read more »

Dollar hits 11-month high as US threatens further tariffs on China

Tom Finn, Reuters
Posted at Jun 19 06:48 PM

The dollar rose to an 11-month high on Tuesday and the euro slumped after US President Donald Trump threatened more tariffs on China in an escalating trade dispute investors fear could hurt global growth. Read more »

China slams US trade threats as 'blackmail', warns of countermeasures

Agence France-Presse
Posted at Jun 19 11:03 AM

China on Tuesday condemned Donald Trump's threat to impose 10 percent tariffs on $200 billion worth of Chinese goods as "blackmail" and warned it was prepared to take countermeasures if Washington goes through with them. Read more »

Trump escalates China trade war with extra tariffs

Agence France-Presse
Posted at Jun 19 08:20 AM

With the world's two largest economies already engaged in a confrontation long feared by markets and industry, Trump said he was pushing forward with fresh punitive measures over Beijing's "unacceptable" move to raise its own tariffs. Read more »

Global stocks falter as trade war fears deepen

Agence France-Presse
Posted at Jun 19 08:15 AM

Investors were still jittery following Friday's tit-for-tat tariff announcements by the US and China. Markets fear a further escalation could derail the global economy. Read more »

Lakers o Rockets: Saang team lilipat si LeBron James?

ABS-CBN News
Posted at Jun 19 12:17 AM

Maraming fans din ang umaasang magkakasama sina King James at Kawhi Leonard sa isang NBA team. Read more »

PH electronics firms wary of US-China trade spat, TRAIN 2

ABS-CBN News
Updated as of Jun 18 09:42 PM

Philippine electronics exporters are wary of a possible trade war between the United States and China, the chair of the Semiconductors and Electronics Industries of the Philippines (SEIPI) said on Monday.  Read more »

Stock markets falter as Trump tariffs spark trade war fears

Agence France-Presse
Posted at Jun 18 07:49 PM

World stock markets faltered Monday as traders eyed trade war fears and EU rifts over migration. Read more »

Asian shares fall as China-US trade spat intensifies

Hideyuki Sano, Reuters
Posted at Jun 18 09:00 AM

Fears of a trade war added to pressure on oil prices, which extended Friday's big fall amid expectations of higher output from OPEC and Russia. Read more »

'Red tape' makokontra ng RA 11032: DTI

ABS-CBN News
Posted at Jun 17 10:05 PM

Sa ilalim ng batas, binibigyan ng tatlong araw ang mga empleyado ng gobyerno para iproseso ang mga simpleng transaksiyon. Read more »

US-China trade war will affect PH if prolonged, analyst says

ABS-CBN News
Posted at Jun 16 07:28 PM

Economic adviser Francis Chua said Manila will feel the impact of prolonged trade tensions between the two superpowers since these are major importers. Read more »

Apple, Qualcomm battle over possible ban on some US iPhone imports

Stephen Nellis and Jan Wolfe, Reuters
Posted at Jun 16 10:10 AM

The staff of the US International Trade Commission on Friday recommended that a trade judge find that Apple Inc infringed at least one of Qualcomm Inc's patents, a move that could lead to blocking the import of some iPhones. Read more »

More business opportunities seen for halal food industry

ABS-CBN News
Posted at Jun 15 11:55 PM

The trade department sees bright prospects for the Philippine halal industry.  Read more »

Trump announces tariffs on $50-B in Chinese imports

Agence France-Presse
Posted at Jun 15 08:50 PM

Trump on Friday announced tariffs of 25 percent targeting $50 billion in Chinese imports from "industrially significant" technologies. Read more »

US interest rate policies pose risks to global, PH economy

ABS-CBN News
Updated as of Jun 15 08:19 PM

The United States' interest rate policies are going to "make a big impact" to the global economy including the Philippines, an analyst said on Friday. Read more »

Trump preps China tariff target list, Beijing ready to retaliate

Douglas Gillison, Agence France-Presse
Posted at Jun 15 06:27 PM

US President Donald Trump on Friday was due to unveil a final list of Chinese imports that would face punishing tariffs, fanning fears of a trade war as Beijing warned that it could swiftly strike back. Read more »