Recent Posts

Xi takes centre stage to defend China’s trade from Trump barrage

Bloomberg President Donald Trump’s barrage of tariff threats have left China’s Xi Jinping with a tricky balance to strike. He’s got to show he’s ready to retaliate against US trade threats while demonstrating China’s commitment to opening up. The Chinese president’s first chance to hit back in person comes in a speech at the Boao Forum for Asia— China’s answer ...

Read More »

Samsung profit climbs to record on strong memory-chip demand

Bloomberg Samsung Electronics Co. reported a 58 percent surge in profit, topping projections as demand for its memory chips remained strong enough to outweigh concerns about display supplies to Apple Inc. Operating income rose to 15.6 trillion won ($14.7 billion) in the three months ended March, according to preliminary results released from the Suwon, South Korea-based company. That compares with ...

Read More »

Indonesia’s market to shelter economy from trade war

Bloomberg Indonesia’s economy may be cushioned by its huge domestic market as a trade dispute between the US and China poses risks to the global economic recovery, according to Finance Minister Sri Mulyani Indrawati. Southeast Asia’s largest economy relies less on exports compared with others in the region, with consumption accounting for more than half of gross domestic product, Indrawati ...

Read More »
Send this to a friend