World

US President Donald Trump has stepped up his trade battle with China by slapping 10 per cent tariffs on $200 billion worth of Chinese imports, which Beijing said it will retaliate against.   The new wave of tariffs will go into effect on September 24 and will climb to 25 per cent on...
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It came as a nasty surprise to almost everyone a decade ago when we found ourselves on the cusp of a worldwide financial collapse.   Most business journalists — including me — failed to see the 2008 disaster until it was almost upon us. But these days, predicting meltdowns has become...
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The US and China implemented 25 per cent tariffs on USD16 billion worth of each other's goods on Thursday, ratcheting up the trade war between the world's two largest economies.   The latest trade escalation came as officials from both the countries met for tariff negotiations in...
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Riding on its AWS Cloud and advertising growth, Amazon posted a record profit of USD2.5 billion in the second quarter of 2018 -- an impressive jump from the USD197 million it posted in the same period last year.   Revenue grew 39 per cent year-over-year to $52.89 per cent while...
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Imran Khan is seen by many to have the cold business acumen of Donald Trump, strength of Vladimir Putin, charm of Emmanuel Macron; and the aggression and determination of Narendra Modi, especially with regard to its sibling neighbour.   Khan could be Pakistan’s new prime minister for...
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