Hong Kong has ASEAN backing to join RCEP trade pact: John Lee
HO CHI MINH CITY -- Southeast Asian countries support Hong Kong's bid for "early accession" to the Pacific mega-trade deal they lead with China, the city's Chief Executive John Lee said.
Trade asian news
Oil giant Saudi Aramco's second-quarter profit dips 3% on lower crude production volumes
Saudi state oil giant Aramco reported $29.1 billion in net profit for the second quarter, a dip ofjust over3% from the same period last year as crude production volumes remained low.
Stocks Rebound After a Day of Wild Selling Worldwide
Investors reclaimed a measure of calm on Tuesday, after a day of frenzied selling around the world over concerns about a potential U.S. recession.
Anti-dumping duty on Philippine canned pineapples: a thorn in Australia-Manila strategic ties?
But the tariffs of between 5.9 and 22.9 per cent were reapplied a year later following an appeal from Golden Circle, Australia’s only producer of canned pineapples. Another separate measure against larger quantities of pineapples used in food services was removed and remained so.
$1 trillion wipeout: Market rout punishes megacap tech
As U.S. markets opened for trading on Monday, tech's megacap companies lost about $1 trillion in market cap, deepening a downturn that sent the Nasdaq into correction territory last week.
Nasdaq, S&P 500 fall 3% each amid U.S. recession fears, Apple drop
NEW YORK (Reuters) -- U.S. stocks ended with steep losses on Monday, leaving the Nasdaq and S&P 500 down at least 3% each as the market extended last week's sell-off amid U.S. recession worries and as Apple shares fell sharply on news that a big investor had cut its stake.