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Pakistan traders protest against move to raise tax

Bloomberg Pakistani traders and top opposition political parties are protesting separately against prime minister Imran Khan’s move to raise taxes, including by monitoring some transactions. Traders and retailers closed shops and businesses nationwide as part of the two-day strike, after talks with the federal authority over tax measures failed, local television channels reported. All businesses in port city of Karachi ...

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Vietnam exports fall as coffee sales drop

Bloomberg Vietnam’s exports dropped 0.8% in October compared to the prior year far below expectations for 10% growth in a Bloomberg survey of economists as shipments of phones, crude oil and coffee fell, according to data from the General Statistics Office in Hanoi. Overseas coffee sales in October were 100,000 tons, down 27% from a year ago, as farmers held ...

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China’s slowdown rolls on into October, early indicators show

Bloomberg China’s third-quarter slowdown continued into October, with only a few signs of stabilisation evident amid the weakest pace of expansion in almost thirty years. Bloomberg Economics’ gauge aggregating the earliest available indicators from financial markets and businesses showed the economy cooling for a sixth month, with indicators for trade, factory prices, iron ore and copper all worsening. Easing tensions ...

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