Asia

The US and China seem to be preparing for a prolonged trade conflict, said economist Raising tariffs on all Chinese goods that enter American borders will likely hurt U.S. economic growth, which has already shown signs of slowing in recent months, according to Japanese financial firm Nomura. President Donald Trump has claimed on several occasions […]

As trade talks between the U.S. and China increasingly center on Chinese treatment of foreign companies, Beijing says major American complaints about structural aspects of its economy are running up against “core interests.” The implication: Those matters are not up for negotiation. Previously, the vague “core interest” term was generally understood as referring to Beijing’s […]

Saudi Arabia-owned agricultural and livestock investment company, SALIC, has announced that it has led investment round into Hummingbird Technologies, a global leader in remote sensing, artificial intelligence, machine  learning and dataanalytics for agriculture. The value of the investment round is put at £7,000,000 and it is described as “strategic investment.” Khaled Al-Aboodi, the managing director […]

China warned the United States on Thursday against further harming trade ties after president Donald Trump effectively barred Chinese telecom giant Huawei from the US market, escalating tensions between the world’s top economic powerhouses. At the same time, Beijing’s diplomatic relations with Ottawa further soured as China formally arrested two Canadians on suspicion of snatching […]

China appealed to the United States to meet it halfway to salvage a deal that could end their trade war, with its chief negotiator in Washington for two days of talks hoping to stave off U.S. tariff hikes set to be triggered on Friday. The two sides had appeared to be converging on a deal […]

Chinese Vice Premier Liu He will travel to Washington for trade talks on Thursday and Friday, Beijing said on Tuesday, setting up a last-ditch bid to avoid a sharp increase in tariffs on Chinese goods announced by President Donald Trump. U.S. officials have accused China of backtracking in the past week on substantial commitments made […]

China’s central bank said on Monday it will cut reserve requirement ratios (RRRs) to release about 280 billion yuan ($41 billion) for some small and medium-sized banks, in a targeted move to help companies struggling amid an economic slowdown. The cut in the amount of cash that banks must hold as reserves would be the […]

The Saudi Arabia-owned Saudi Agricultural and Livestock Investment  Company (SALIC) in Australia Thursday said it has made its first  agricultural investment in Australia with the acquisition of Baladjie Pty Ltd. In a statement made available to business a.m. Baladjie is described as an aggregation of over 200,000 hectares of farming in Western  Australia’s wheat belt that […]