Hit by Trump tariffs, rest of world races to forge new trade alliances
BRUSSELS — US President Donald Trump’s import tariffs have breathed life into dormant free trade talks across the globe and driven alliances at an...
Drugmakers pressured with Trump tariffs after price‑cut talks faltered
NEW YORK/LONDON — US President Donald Trump’s threat to impose 100% tariffs on branded drugs ratcheted up pressure on pharmaceutical companies to agree price...
US government shutdowns raise uncertainty but rarely have lasting effect on economy
The US government shutdown has thrown the brakes on the flow of federal economic data at a moment of uncertainty and division among policymakers...
Tariffs weigh on US manufacturing in September; hiring remains subdued
WASHINGTON - US manufacturing activity edged up in September, though new orders and employment were subdued as factories grappled with the fallout from President...
US government shutdown begins as partisan division rules Washington
WASHINGTON — The US government shut down much of its operations on Wednesday as deep partisan divisions prevented Congress and the White House from...
Japan’s $550-billion US investment to have no FX impact, top trade negotiator says
TOKYO — Japan will run a $550-billion US-bound investment package agreed in Tokyo’s tariff deal with Washington without any impact on the foreign exchange...
Taiwan will not agree to 50-50 chip production deal with US, negotiator says
TAIPEI — Taiwan will not agree to a deal with the United States for half of all semiconductor production to take place in the...
South Korea to increase defense budget by 8.2% next year, President Lee says
SEOUL — South Korean President Lee Jae Myung said on Wednesday the country’s defense budget for next year would rise by 8.2% to 66.3...
For global mergers and acquisitions, third quarter was one of the best and worst...
LONDON/NEW YORK/HONG KONG — For dealmakers across the world, the third quarter was one of the best and one of the worst in recent...
Asian factory activity hit by sluggish demand from US and China
TOKYO — Factory activity shrank in most of Asia’s major economies in September, private surveys showed on Wednesday, as signs of a slowdown in...
Staying put in Vietnam, furniture exporters bet US consumers will absorb tariff blow
HANOI — Trayton Group signed a deal to relocate most of its furniture production to Vietnam from China the day after Donald Trump was...
Pope Leo criticizes ‘inhuman’ treatment of immigrants in US
VATICAN CITYUS - Pope Leo on Tuesday appeared to offer his strongest criticism yet of US President Donald Trump's hard-line immigration policies, questioning whether...