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Bloomberg Vietnam slapped five-year tariffs on Chinese and South Korean colour-coated steel products after domestic producers said unfair pricing from overseas competitors caused them to shut down production lines. Anti-dumping duties of 2.53% to 34.27% are being applied to steel products from China, Vietnam’s Ministry of Industry and Trade said in a statement on its website. Tariffs of 4.71% to ...

Bloomberg China’s ban on individual travel to Taiwan could see visitors to the island fall for the first time since the devastating SARS outbreak of 2003. The number of mainlanders travelling to the island plunged 46% in September, according to data from Taiwan’s Tourism Bureau. China banned individual travellers from heading to Taiwan in July, although tourists are still allowed ...

Bloomberg Ascentage Pharma Group International went from Hong Kong’s hottest initial public offering this year to a huge debut as investors continue to embrace unproven Chinese healthcare companies. The developer of cancer and hepatitis B therapies soared as much as 57% on Monday before paring the gain to 9.9% at the close. The firm’s retail portion of its offering was ...

Bloomberg The lack of reliable crop data is a chronic problem for Indonesia and a start-up is on a mission to change that by using blockchain technology. A Jakarta-based startup HARA is using blockchain to collect and manage farm data, from soil and crop conditions to pest infestation, cultivation process, land ownership and grains transaction in a bid to help ...

Bloomberg Indonesia suspended exports of nickel ore with immediate effect after a planned halt to shipments from the beginning of next year led to a rush to beat the deadline. The mineral meant for exports during the rest of the year will be absorbed by domestic companies with smelters, Indonesia’s Investment Coordinating Board Chairman Bahlil Lahadalia told reporters in Jakarta. ...

Bloomberg Days before production starts on Volkswagen AG’s cornerstone electric vehicle, the German manufacturer is stepping up a campaign to more than double the market value and gain investor recognition for the industry’s most ambitious technology push. In an internal newsletter sent last week, Chief Financial Officer Frank Witter prodded managers to get behind a goal to reach a valuation ...

Bloomberg AT&T Inc shares rose after the company won plaudits from Elliott Management Corp with a three-year plan to do much of what the activist shareholder has pressed for, including separating its chairman and chief executive officer roles. AT&T said it would reach earnings of $4.50 to $4.80 a share by 2022, compared with analysts’ current estimate of $3.39 a ...

Bloomberg Once-popular loan Americans use to finance home renovations and college tuition is slowly dying, slashing a lucrative source of revenue for the nation’s largest banks. Home equity lines of credit, open-ended loans that homeowners tap for cash using their properties as collateral, exploded in the run-up to the housing crash a decade ago, doubling in volume from 2003 to ...

Bloomberg Opening up a potentially huge shale gas region in Australia’s Northern Territory would increase the country’s already-hefty greenhouse gas emissions making it a “particularly dangerous” contributor to climate change, according to a new study. The report, commissioned by environmental lobby group Lock The Gate, tested a range of scenarios for development of the McArthur Basin and Beetaloo sub-basin, which ...

Bloomberg Pakistan’s top business tycoons have offered to take over a disputed copper and gold deposit that was once explored by Barrick Gold Corp. and Antofagasta Plc, according to people familiar with the matter. Officials at the provincial Balochistan government are said to have met with a consortium of four business groups including tycoons Arif Habib and Muhammad Ali Tabba ...