After President Donald Trump announced higher tariffs on Chinese imports earlier this month, Francis O'Brien slapped a new 4per cent fee on every item of furniture he sells.
The United States aims to educate its international partners on the risks posed by next-generation wireless networks manufactured by China's Huawei, but allies will make their own sovereign buying decisions, Secretary of State Mike Pompeo said.
China's Commerce Ministry said on Friday that it will draft a list of foreign companies, organisations and individuals that it deems "unreliable" for harming Chinese companies, state-run China National Radio reported.
Emblazoned across a wall at Huawei headquarters is a motto that appears to sum up the attitude of the huge Chinese telecom company toward its multiplying challenges: "Success requires friends. Tremendous success requires enemies."
Ratings agency S&P lifted Indonesia's credit rating Friday, citing strong prospects for Southeast Asia's biggest economy after the re-election of president Joko Widodo.
Asian stocks edged down Friday, despite modest gains on Wall Street overnight, as US President Donald Trump's sudden announcement of tariffs on all Mexican imports saw Tokyo shares drop.
Thailand's King Power won the auction to run the duty-free shops at Bangkok's biggest airport, authorities said Friday, priming the company to extend its monopoly over a concession worth nearly $2 billion a year.
The United States aims to educate its international partners on the risks posed by next-generation wireless networks manufactured by China's Huawei, but allies will make their own sovereign buying decisions, Secretary of State Mike Pompeo said.
TEMASEK Trust, the philanthropic arm of investment company Temasek Holdings, has established ABC World Asia, a private equity fund dedicated to impact investing.
Fiat Chrysler Chief Executive Mike Manley sold shares in the car maker for US$3.46 million on May 28, the day after the announcement of a merger proposal to French rival Renault, a regulatory filing showed.
