Bloomberg The US moved to block China Mobile Ltd. from entering its telecommunications market on national security grounds, launching another salvo in the fight between the world’s two biggest economies days before they’re expected to impose tariffs on each other over trade. The Federal Communications Commission should deny state-backed China Mobile’s seven-year-old application to offer international voice traffic between the ...

Bloomberg Chinese companies are expected to cancel most of the remaining soybeans they have committed to buy from the US in the year ending on August 31 once the extra tariff on US imports takes effect from July 6. China is the world’s top soybean buyer and has yet to take delivery of about 1.14 million metric tonnes of US ...

Bloomberg One year after India introduced a consumption tax, the results have been mixed. Hailed as one of the biggest reforms by Prime Minister Narendra Modi, the goods-and-services levy has helped increase tax collections in a country where compliance is historically low. While monthly receipts have picked up after a chaotic rollout, they are still not strong enough to meet ...