Economic Events

Chinese state newspaper says Trump trade probe will `poison` relations

Chinese state newspaper says Trump trade probe will `poison` relations

Published 14/08/2017

U.S. President Donald Trump's order to his top trade adviser to investigate supposedly unfair Chinese trade practices will "poison" relations between the two countries, a Chinese state-run newspaper said on Monday. [more…]

Voters sense betrayal in Britain`s Brexit heartlands

Voters sense betrayal in Britain`s Brexit heartlands

Published 14/08/2017

There is a whiff of betrayal in the air across Britain's Brexit heartlands where many impatient voters fear Prime Minister Theresa May is going soft on implementing last year's decision to leave the European Union. [more…]

Amid renewed North Korea tensions, China appoints new special envoy

Amid renewed North Korea tensions, China appoints new special envoy

Published 14/08/2017

China has appointed a new special envoy for the North Korean standoff, the foreign ministry said on Monday, a relatively low-profile diplomat now in charge of Asian affairs, amid renewed international concern over China's nuclear-armed neighbor. [more…]

Korea tensions ease slightly as U.S. officials play down war risks

Korea tensions ease slightly as U.S. officials play down war risks

Published 14/08/2017

Tensions on the Korean peninsula eased slightly on Monday as South Korea's president said resolving Pyongyang's nuclear ambitions must be done peacefully and key U.S. officials played down the risk of an imminent war with North Korea. [more…]

China issues order to implement U.N. sanctions on North Korea

China issues order to implement U.N. sanctions on North Korea

Published 14/08/2017

China's Commerce Ministry issued a ban effective from Tuesday on several imports from North Korea, including coal, iron ore, lead concentrates and ore, lead and seafood, a move that is in line with U.N. sanctions announced this month. [more…]

South Africa`s Zuma says ANC lawmakers who voted against him must be punished

South Africa`s Zuma says ANC lawmakers who voted against him must be punished

Published 14/08/2017

South Africa's President Jacob Zuma wants the African National Congress to identify and punish party members who voted against him in a no-confidence motion in parliament last week. [more…]

Austria finds some egg products contaminated with insecticide: ORF

Austria finds some egg products contaminated with insecticide: ORF

Published 14/08/2017

Tests show that some imported egg products in Austria have been contaminated with a potentially harmful insecticide, a health ministry official told broadcaster ORF on Monday, adding to the list of countries affected by an international health scare. [more…]

U.S. tax change proposals anger builders, realtors, charities

U.S. tax change proposals anger builders, realtors, charities

Published 14/08/2017

With U.S. Congress members focused during their August recess on finding ways to lower the corporate tax rate, industry groups and other sectors of society are gearing up to fight proposed changes to the personal income tax. [more…]

Exclusive: India aims to revamp health scheme, lower costs after criticism

Exclusive: India aims to revamp health scheme, lower costs after criticism

Published 14/08/2017

India's health ministry has trimmed its cost estimates for extending its main public health program by 25 percent after criticism from a federal think-tank over inefficiency and slow progress, according to government documents seen by Reuters. [more…]

Euro zone June industry output drops by more than expected

Euro zone June industry output drops by more than expected

Published 14/08/2017

Industrial output in the 19 countries sharing the euro currency fell by more than expected in June, as the production of capital and durable goods fell following sharp increases in the previous month, European statistics office Eurostat said on Monday. [more…]