STOCKHOLM: Top trade officials from China and the US launched a new round of talks Monday in a bid to ease tensions over tariffs between the world’s two biggest national economies.US treasury secretary Scott Bessent and Chinese vice premier He Lifeng were meeting at the offices of Sweden’s prime minister for two days of talks…
The International Monetary Fund on Tuesday slightly upgraded its UK growth forecast for this year but warned over fallout from US tariff threats as it held its estimate for 2026. IMF revises up UK growth forecast for 2025 Britain’s economy is expected to expand 1.2 percent in 2025, up from 1.1 percent estimated last month,…
Approved mortgage loans in Hong Kong rose to a nine-month high in February as buyers of new flats sought additional financing, suggesting an improvement in demand as developers continued to launch new projects at attractive prices, analysts said. Financial institutions approved mortgage loan applications worth HK$26.1 billion (US$3.3 billion), the highest since HK$31.6 billion in…
China’s fury at the sale of Panama Canal ports to a US-led consortium reflects how container hubs have become prized currency as Beijing and Washington vie for global influence, analysts say. Hong Kong conglomerate CK Hutchison this month sold 43 ports in 23 countries — including operations in the vital Central American canal — to…
U.S. Stocks rose on Thursday as traders weighed slightly hotter-than-expected inflation data against ongoing global trade tensions. The Dow Jones Industrial Average added 122 points, or 0.3%, while the S&P 500 climbed 0.5% and the Nasdaq Composite advanced 0.9%. The producer price index (PPI) reported a 0.4% increase for Januaryabove the consensus estimate of 0.3%and…