Asian shares fall as U.S.-China trade spat escalates

By Hideyuki Sano and Swati Pandey TOKYO/SYDNEY, June 18 : Asian shares fell on Monday after U.S. President Donald Trump cranked up trade tensions by going ahead with tariffs on Chinese imports, prompting Beijing to immediately respond in kind. Fears of a global trade war added to pressure on oil prices, which extended Friday’s big […]

EU nations back retaliating against U.S. steel tariffs

By Philip Blenkinsop BRUSSELS, June 15 : European Union countries on Thursday unanimously backed a plan to impose import duties on 2.8 billion euros ($3.3 billion) worth of U.S. products after Washington hit EU steel and aluminium with tariffs at the start of June, EU sources said. The measures still need to be adopted by […]

ZTE’s shares slide on trade war jitters, lost 30 pct of market value this week

By Sijia Jiang and Anne Marie Roantree HONG KONG, June 15 :Shares of ZTE Corp plummeted on Friday on renewed worries of a trade war and the Chinese telecommunications giant has now lost 30 percent of its market value since share trading resumed this week. U.S. President Donald Trump is due to unveil revisions to […]

As trade war with China looms, U.S. readies second wave of duties

By Michael Martina and David Lawder BEIJING/WASHINGTON, June 15 : The United States has nearly completed a second list of tariffs on $100 billion in Chinese goods, as President Donald Trump prepares to enact an initial round of duties that is expected to trigger an in-kind response from Beijing, several sources said. The second wave […]

U.S. top court throws out Minnesota ban on voter political apparel

By Andrew Chung WASHINGTON, June 14 : States cannot impose a blanket prohibition on apparel such as T-shirts and buttons bearing political messages in polling sites, the U.S. Supreme Court said on Thursday in an important free speech ruling striking down a Minnesota law as unconstitutional. The court, in the 7-2 ruling, said Minnesota’s law, […]