FINANCE
In a move aimed at countering China's rampant export of its excess industrial capacity, U.S. President Joe Biden proposed a hefty tariff increase on Chinese steel and aluminum. The proposal came on April 17 while he addressed union workers in Pennsylvania. If approved, these imports could see their tariffs “tripled,”
US Government to Bolster Strategic Petroleum Reserve: Senior Officer
WASHINGTON, United States — The U.S. Energy Department said on Friday, Dec. 16 that it will begin buying...
Amazon Failed to Record Warehouse Injuries: US Agency
Amazon Inc. failed to properly record work-related injuries and illnesses at six warehouses in five states...
Japan Nov Consumer Inflation Likely to Hit Fresh 4-Decade High: Reuters Poll
TOKYO - Japan's nationwide consumer price inflation likely hit a fresh 40-year high in November, as...
Sri Lanka’s Economy Shrinks 11.8% in Second-Worst Quarterly Performance
By Uditha Jayasinghe COLOMBO - Sri Lanka's economy shrank 11.8% in the July-September quarter from...
Taiwanese-Americans Hope to Strengthen Community, Spur Business in Upstate NY
MIDDLETOWN, NY — Members of the local Taiwanese-American community gathered at the Northern Medical Center...
US Import Prices Drop in Hopes of Easing Inflation
WASHINGTON, United States — U.S. import prices fell for a fifth straight month in November, pulled down...
Global Investors Fly Blind Into China’s Messy Post-COVID Transition
By Summer Zhen and Samuel Shen HONG KONG/SHANGHAI — Global investors, already caught off guard by...
Visa to Invest $1 Billion in Africa Over 5 Years to Cash In on e-Payments Boom
By Mehnaz Yasmin Visa Inc plans to invest $1 billion over the next five years in Africa to capitalize...
China Delays Economic Policy Meeting Due to COVID-19 Surge: Reports
By Brenda Goh and Farah Master SHANGHAI/HONG KONG — Chinese leaders have reportedly delayed a key...