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China bans wild animal trade until viral outbreak eases

Agence France-Presse
Posted at Jan 26 05:32 PM

China on Sunday ordered a temporary ban on the trade in wild animals as the country struggles to contain a deadly virus believed to have been spawned in a market that sold wild animals as food. Read more »

Philippine shares fail to sustain post-GDP gains

ABS-CBN News
Posted at Jan 24 11:09 PM

Philippine shares staged a last-minute jump even as the Wuhan coronavirus continues to spook investors in the region. Read more »

Trump revives trade battle with Europe with threat to cars

Alex Pigman and Stuart Williams, Agence France-Presse
Updated as of Jan 23 08:07 AM

US President Donald Trump, fresh from calling a trade truce with China, threatened on Wednesday to impose crippling tariffs on European autos unless the EU budges on a transatlantic deal.  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 threatens big tariffs on car imports from EU if no trade deal struck-CNBC

Reuters
Posted at Jan 22 08:11 PM

US President Donald Trump on Wednesday threatened to impose high tariffs on imports of cars from the European Union if the bloc doesn't agree to a trade deal. Read more »

France, US move towards temporary truce in trade war

Liz Alderman, Jim Tankersley and Ana Swanson, The New York Times
Posted at Jan 22 11:41 AM

The apparent détente emerged after Macron and President Donald Trump agreed in a phone call late Sunday to grant more time for negotiations over a global solution to taxing Amazon, Facebook and other digital companies. Read more »

PH shares extend losses on regulatory risks

ABS-CBN News
Posted at Jan 21 11:48 PM

Philippine shares resumed declines, breaking the 7,500 support level as regulatory risks continue to hamper the local market. Read more »

Taas-presyo sa ilang pangunahing bilihin hiningi

ABS-CBN News
Updated as of Jan 21 07:12 PM

Pinag-aaralan ng Department of Trade and Industry ang mga hiling na taas-presyo ng mga manufacturer ng ilang pangunahing bilihin, gaya ng mga de-lata at gatas, sabi ng opisyal ng kagawaran.   Read more »

IMF trims global growth estimates for 2020, 2021

Agence France-Presse
Posted at Jan 21 01:03 PM

In the latest update to its World Economic Outlook, the IMF cut the global growth estimate for 2020 to 3.3 percent, 0.1 percentage point lower than in the prior report released in October. It lowered the 2021 forecast by 0.2 percentage points, to 3.4 percent.   Read more »

Brexit's new chapter: the 'impossible' trade deal

Alex Pigman, Agence France-Presse
Posted at Jan 19 01:39 PM

Brussels is braced for new rounds of Brexit battles, aware that a bullish Prime Minister Boris Johnson is feeling reinvigorated after an electoral victory in December. Read more »

China posts weakest growth in 29 years as trade war bites

Stella Qiu and Kevin Yao, Reuters
Posted at Jan 17 11:41 AM

But data also showed the world's second-largest economy ended the year on a firmer note as trade tensions eased, suggesting a raft of growth boosting measures over the past two years may finally be starting to take hold. 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 »

DTI wants higher penalties for Consumer Act violators

ABS-CBN News
Posted at Jan 17 12:57 AM

The Department of Trade and Industry is seeking higher fines for violators of the Consumer Act. Read more »

PH shares extend decline

ABS-CBN News
Posted at Jan 17 12:54 AM

Asian markets showed a tepid reaction to the signing of the US-China phase one trade deal. Read more »

Face masks nilagyan ng SRP

ABS-CBN News
Updated as of Jan 16 08:27 PM

Nagtakda ngayong Huwebes ang Department of Health ng suggested retail price sa N-95 masks at iba pang mga produktong maaaring magsilbing proteksiyon sa mapanganib na abong ibinubuga ng bulkang Taal.   Read more »

A Maine paper mill's unexpected savior: China

Ellen Barry, The New York Times
Posted at Jan 16 09:37 AM

The most startling thing about Zhang was her promise that Nine Dragons would operate the mill for 100 years, long enough to employ Edwards’ children and grandchildren. Read more »

US-China trade deal: What’s in (and out) the agreement

Peter Eavis and Alan Rappeport, The New York Times
Posted at Jan 16 09:13 AM

The agreement signed Wednesday includes some victories for Trump: China has committed to buy an additional $200 billion of American goods and services by 2021 and crack down on business practices that the Trump administration has criticized. But text of the accord does not provide enough information to determine how it will work in practice. Read more »

World stocks climb new peaks on US-China trade deal

Herbert Lash, Reuters
Updated as of Jan 16 08:37 AM

US President Donald Trump and Chinese Vice Premier Liu He signed a Phase 1 deal that will roll back some tariffs and see China boost purchases of US goods and services, defusing a prolonged conflict between the world's two largest economies. Read more »

Despite trade signing, disputes abound between US, China

Agence France-Presse
Posted at Jan 16 07:06 AM

The United States and China on Wednesday signed a long-awaited, if partial, deal to ease trade frictions but other disputes abound between the Pacific powers.   Read more »

US, China sign 'momentous' trade deal

Agence France-Presse
Posted at Jan 16 03:29 AM

After nearly two years of conflict between the world's two dominant economic powers, the United States and China signed a trade truce on Wednesday, letting businesses around the globe breathe a sigh of relief. Read more »