President Donald Trump said Tuesday that China can continue to purchase oil from Iran, according to a post on his Truth Social platform, News.az reports citing Investing. “China can now continue to purchase Oil from Iran. Hopefully, they will be purchasing plenty from the U.S., also,” Trump wrote in his social media statement. The president’s…
WASHINGTON (AP) — The Department of Homeland Security is warning of a “heightened threat environment” following U.S. strikes on Iranian nuclear sites and the deputy FBI director says the bureau’s “assets are fully engaged” to prevent retaliatory violence, while local law enforcement agencies in major cities like New York say they’re on high alert. No…
HONG KONG (Reuters) -China said the U.S. attack on Iran’s nuclear facilities has damaged Washington’s credibility and Beijing was concerned that the situation “may go out of control”, its state broadcaster reported, following a U.N. Security Council meeting on Sunday. President Donald Trump said the U.S. had “obliterated” Tehran’s key nuclear sites, joining Israel in…
LONDON (Reuters) -China announced additional tariffs of 34% on U.S. goods on Friday, upping the ante in a global trade war after President Donald Trump’s sweeping tariffs this week. Growing fears of a recession roiled global stocks for a second day on Friday. Banking stocks cratered as investors fretted about growth and priced in far…
The White House on Thursday announced that President Donald Trump plans to decide within the next two weeks whether the US will intervene in the ongoing Israel-Iran conflict. US President Donald Trump’s statement, conveyed by Leavitt, signals a longer timeline for his demands that Iran halt its uranium enrichment and nuclear weapons-related activities.(Bloomberg) Quoting Trump,…
TOKYO (AP) — Asian shares retreated Thursday as worries persisted about conflict in the Middle East. Ratcheting up tensions, President Donald Trump warned of the possibility of getting directly involved in the conflict with Israel, while Iran’s supreme leader rejected U.S. calls for surrender. Oil prices and U.S. futures declined. In Asian trading, Japan’s benchmark…
Hong Kong stocks rose for a sixth straight day after Beijing unveiled a number of measures to support the economy and stabilise its markets ahead of US-China tariff talks this weekend. Overnight, the US Federal Reserve kept its interest rate unchanged, reiterating that it was not in a hurry to make cuts. Also, the Trump…
Hong Kong’s freight forwarding industry is suffering collateral damage from an intensifying tariff war between China and the United States, shaking the city’s crucial role in re-exporting goods, business leaders have warned. Many manufacturers with more than 15 per cent of business exposure to China-US trade had been forced to slash jobs or save costs,…
Hong Kong’s freight forwarding industry is suffering collateral damage from an intensifying tariff war between China and the United States, shaking the city’s crucial role in re-exporting goods, business leaders have warned. Many manufacturers with more than 15 per cent of business exposure to China-US trade had been forced to slash jobs or save costs,…
(Reuters) -Jaguar Land Rover has restarted shipments of vehicles to the United States after pausing them in the face of U.S. President Donald Trump’s tariffs, London’s Times newspaper reported on Saturday. The first shipments of JLR vehicles bound for the U.S. for almost a month left Britain on Wednesday, the report said. JLR, which is…