Donald Trump attends a Japanese business leaders› event with William Hagerty in Tokyo on Saturday. Reuters
European and Asian stocks unravelled Friday, resuming a midweek slump, with investors spooked by a ratcheting up of trade war clouds after US President Donald Trump announced tariffs on all Mexican imports.
Trade talks between the US and China broke up on Friday with no agreement, hours after President Donald Trump more than doubled tariffs on $200 billion in Chinese imports.
US President Donald Trump on Friday said he was in no hurry to sign a trade deal with China as Washington imposed a new set of tariffs on Chinese goods and negotiators entered a second day of last-ditch talks to try to salvage an agreement.
The State Bank of Pakistan (SBP) is considering the introduction of digital bank accounts for overseas Pakistanis, the central bank’s governor, Reza Baqir, said.
General Motors (GM) is developing an electric van aimed at business users, joining a growing list of carmakers planning EVs for the same segment which includes customers such as Amazon.com and United Parcel Service, five people familiar with the plans told Reuters.
Global passenger air traffic rose 30% in May from a very low level in April, as airlines cut domestic fares by an average 23% to encourage customers to return, the International Air Transport Association (IATA) said on Wednesday.