Bloomberg UK Trade Secretary Liam Fox said he urged US officials to reconsider imposing steel and aluminum tariffs on the European Union this week, suggesting the move has upset America’s allies more than the main culprit for overcapacity, China. The EU and other foreign trading partners are seeking exemptions to the 25 percent tariffs on imported steel and 10 percent ...

Bloomberg Myanmar said a planned $2.5 billion redevelopment of the six-decade-old railway station in Yangon will get underway around June once contract negotiations are completed. Talks with the preferred bidder for the revamp of the 25.7 hectare (63.5 acre) site in the commercial capital will take about two months, U Win Khant, permanent secretary at the Ministry of Transport and ...

Bloomberg Japan’s labour unions have won pay rises for workers, although they’re still too small to generate the big increase in consumption that the Bank of Japan needs for inflation. Initial results for this year’s “spring offensive” wage talks show workers receiving a 2.16 percent increase in monthly pay, according to figures released by the Japanese Trade Union Confederation. This ...