Chinese shoppers are finally starting to snap up high-end handbags, shoes and jewelry again, giving the luxury goods industry hope that a recovery from the coronavirus pandemic is on the way. ( read original story ...)
Australia Won’t Be ‘Intimidated’ Amid China Economic Threats: PM
Australia warned Thursday it would not be intimidated by attempts at economic "coercion" after China threatened to undermine the multi-billion dollar flow of Chinese tourists and students to the ... ( read original story ...)
Australian PM on China tensions: country won’t trade values in response to ‘coercion’
Australian Prime Minister Scott Morrison said that he would not be intimidated or give into coercion when asked on Thursday whether Australia would keep taking hits on exports from major trading ... ( read original story ...)
Grubhub, Just Eat Takeaway Merger To Create ‘World’s Largest Food Delivery Business Outside China’
Takeaway and Grubhub will merge in a $7.3 billion deal The merger will create the world's largest online food delivery company outside China The combined group will focus its expansion on the U.S., ... ( read original story ...)
Vietnam, Brunei agree to strive for prompt opening of trade routes
Minister of Industry and Trade Tran Tuan Anh and Minister of Finance and Economy of Brunei Dato Amin Abdullah on June 10 affirmed that the countries will continue close cooperation and exert efforts ... ( read original story ...)
Thailand Should Join Asia-Pacific Trade Pact Talks, Business Leaders Say
"The process of seeking membership will take at least four years and Thailand can withdraw at any stage if found unbeneficial," he said. The commerce ministry earlier said membership would boost ... ( read original story ...)
Bangladesh budget to chart a pathway from crisis
As the government weighs measures to salvage the economy battered by the coronavirus while saving the lives of the people, the finance minister is about to present the national budget for fiscal ... ( read original story ...)
Finance minister draws a bead on economic recovery
The national and global lockdown measures aimed at battling the Covid-19 pandemic have taken their toll on Bangladesh’s industrial production, obliterating tens of thousands of jobs, incomes and ... ( read original story ...)
City Bank partners with ITFC for $15m trade finance line
By photo by Sheikh Mohammad Maroof, Additional Managing Director of City Bank Limited and Eng. Hani Salem Sonbol, CEO of International Islamic Trade Finance Corporation (ITFC), recently signed an ... ( read original story ...)
Why a U.S.-Taiwan Free Trade Agreement Is Needed Now More Than Ever
Unsurprisingly, the novel coronavirus has wreaked havoc on globalization and free trade. Driven by diminished demand and “socially distant” logistical difficulties, international imports and exports ... ( read original story ...)