President Donald Trump is set to meet with Chinese Vice Premier Liu He on Thursday, officials said, signaling that a deal to end a tariff battle between the two countries may be close.
Tokyo and Shanghai stocks closed higher on Friday but trade lacked direction with several major markets closed for Easter holidays. In Japan, the benchmark Nikkei 225 index added 0.50 per cent, or 110.44 points, to 22,200.56, while the broader Topix index climbed 0.12 per cent, or 1.96 points, to 1,616.93.
Trade wars are good, and easy to win. So President Donald Trump said last year as he embarked on his first round of tariffs on foreign imports. It seems that things have proven so good and easy that he’s readying for another bout. Trump is prepared to increase a 10 per cent levy on $200 billion of imports from China
In line with global markets, Indian equities on Monday logged steep falls as US President Donald Trump threatened to impose fresh trade tariffs worth $200 billion on Chinese goods. The US move is being seen as an unexpected and a major escalation in trade tensions between the two big economies.
The Federal Tax Authority (FTA), will begin implementing the Cabinet Decision regarding violations of the "Marking Tobacco and Tobacco Products Scheme", which calls for applying Digital Tax Stamps on the packaging of said products before supplying them to local markets.
Further monetary policy easing is expected as the economy struggles with a demand downturn, liquidity constraint and a high finance cost, sources said on Friday. It is learnt that Reserve Bank of India would stick with its stance and further lower the repo rate, which will in turn reinvigorate consumer
Pakistan and the United States vowed to restructure bilateral ties and focus more on promoting private sector and investment relationship. The development came into being in a meeting of US Ambassador Charge d’Affaires, Paul W Jones with Adviser to the Prime Minister on Finance,
As part of the Abu Dhabi Securities Exchange’s (ADX) strategy aimed at bolstering its leading position in the region and extending its cooperation with global financial markets, Khalifa Salem Al Mansouri, Acting Chief Executive of ADX, met senior officials at the London Stock Exchange