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Asia stocks cautious on trade talks; euro under pressure

Wayne Cole, Reuters
Posted at Jul 24 09:04 AM

Sentiment had been helped by a Bloomberg report that US Trade Representative Robert Lighthizer would travel to Shanghai next week for meetings with Chinese officials. Read more »

China's credit push to small firms falters in factory heartland

Shu Zhang, Reuters
Posted at Jul 24 07:40 AM

China's campaign to boost loans to small firms was supposed to support the economy during its biggest slowdown in decades, but banks' reluctance to lend has left exporters and manufacturers in its southern industrial belt struggling to pay the bills.   Read more »

IMF downgrades world growth, warns of 'precarious' 2020

Heather Scott, Agence France-Presse
Posted at Jul 24 07:36 AM

Global trade tensions, continued uncertainty and rising prospects for a no-deal Brexit are sapping the strength of the world economy, which faces a "precarious" 2020, the International Monetary Fund warned on Tuesday.   Read more »

Tech executives push Trump on Huawei sales

Alan Rappeport and Kate Conger, The New York Times
Posted at Jul 23 10:54 AM

Trump met Monday afternoon with the leaders of Google, Qualcomm, Cisco, Intel, Micron, Western Digital and Broadcom to discuss the administration’s ban on Huawei, as well as the economy and trade relations with China, the White House said. Read more »

The pits: How China's US tariff jab choked a cherry import boom

Yawen Chen and Shivani Singh, Reuters
Posted at Jul 23 07:32 AM

For public relations officer Rachel Li, paying top dollar for "beautiful" cherries imported from the United States was a no-brainer. Read more »

Chinese money in US dries up as trade war drags on

Alan Rappeport, The New York Times
Posted at Jul 22 10:05 AM

The falloff, which is being felt broadly across the economy, stems from tougher regulatory scrutiny in the United States and a less hospitable climate toward Chinese investment, as well as Beijing’s tightened limits on foreign spending. Read more »

White House to host meeting with tech executives on Huawei ban: sources

David Shepardson and Alexandra Alper, Reuters
Posted at Jul 20 10:54 AM

White House economic adviser Larry Kudlow will host a meeting with semiconductor and software executives on Monday to discuss the US ban on sales to China's Huawei Technologies Co Ltd, 2 sources briefed on the meeting said on Friday. Read more »

US hopes China to undo backtracking on trade: official

Agence France-Presse
Posted at Jul 18 07:49 AM

US officials hope China will reverse its decision to backtrack on commitments it made in the effort to settle the ongoing trade conflict, Commerce Secretary Wilbur Ross said Wednesday.  Read more »

WTO future a concern for global finance chiefs

Antonio Rodriguez, Agence France-Presse
Posted at Jul 17 11:19 PM

Global finance chiefs meeting in France have warned that the World Trade Organization's internal court risks becoming paralyzed by bitter disputes between member states.   Read more »

More than 18M jobs will be affected by new technologies: DTI

Pia Gutierrez, ABS-CBN News
Posted at Jul 17 08:14 PM

 Filipinos could lose more than 18 million jobs in the next 5 to 6 years to automation, the Department of Trade and Industry warned Wednesday. Read more »

US, Japan eye possible small trade deal by September - sources

David Shepardson and Andrea Shalal, Reuters
Posted at Jul 17 11:20 AM

The United States and Japan are working on a trade deal involving agriculture and autos that could be agreed by President Donald Trump and Prime Minister Shinzo Abe when they meet in New York in September, three industry sources familiar with the discussions said on Tuesday. Read more »

Reinvent international monetary order or face Chinese dominance -France

Reuters
Posted at Jul 17 09:17 AM

France's finance minister said on Tuesday the post-war international monetary order needed to be reinvented or become increasingly dominated by China.   Read more »

US manufacturing sinks into recession amid trade wars

Heather Scott, Agence France-Presse
Posted at Jul 17 07:46 AM

US manufacturing sunk into recession in June after two consecutive quarters of declines amid President Donald Trump's bitter trade wars and a slowdown in China and other trading partners.  Read more »

DTI: Registered MSMEs now at 1.5 million

ABS-CBN News
Posted at Jul 16 11:35 PM

The Philippine trade department boasts of government's efforts to boost the micro, small, and medium enterprises. Read more »

Beijing rebuffs Trump claims over economic slowdown

Agence France-Presse
Posted at Jul 16 06:52 PM

China on Tuesday rejected claims from US President Donald Trump that it is being forced to make a trade deal because of its slowing economy, as the two sides prepare for more talks. Read more »

US-China trade officials to talk again 'this week': official

Agence France-Presse
Posted at Jul 16 07:33 AM

Top US and Chinese trade negotiators are due to speak by telephone in the coming days, but no face-to-face talks have been scheduled yet, US Treasury Secretary Steven Mnuchin said Monday.  Read more »

China Q2 GDP grows 6.2 pct year-on-year, in line with expectations

Reuters
Posted at Jul 15 10:53 AM

China's economic growth slowed to 6.2 percent in the second quarter from a year earlier, the weakest pace in at least 27 years, as demand at home and abroad faltered amid an escalating trade war with the United States.   Read more »

China Q2 GDP growth set to slow to 6.2pct, 27-year low, as trade war bites

Kevin Yao, Reuters
Posted at Jul 15 09:17 AM

Policymakers are likely to ratchet up support measures to prevent mass job losses that could pose a threat to social stability, but analysts say the room for aggressive stimulus is limited by fears of adding to already high debt levels and structural risks. Read more »

Eyeing post-Brexit trade deals, Britain looks to train school-leavers as future negotiators

Kylie MacLellan, Reuters
Posted at Jul 15 08:30 AM

As Britain prepares to carry out its own trade negotiations for the first time in decades, the government has launched a scheme to recruit and train school-leavers as future commerce experts. Read more »

US firms may get nod to restart Huawei sales in 2-4 weeks -official

Alexandra Alper and Karen Freifeld, Reuters
Posted at Jul 15 08:15 AM

The US may approve licenses for companies to re-start new sales to Huawei in as little as two weeks, according to a senior US official, in a sign President Donald Trump's recent effort to ease restrictions on the Chinese company could move forward quickly. Read more »