text

Obama administration suspends TPP trade deal vote effort

U.S. President Barack Obama's administration has suspended its efforts to win congressional approval for his Asian free-trade deal before President-elect Donald Trump takes office, saying on Friday that TPP's fate was up to Trump and Republican lawmakers.

text

Hong Kong trade chief in US confident it will be business as usual under Trump

Hong Kong is “watching and monitoring” trade and foreign policy changes under Donald Trump’s incoming administration, the city’s top official in the United States told the Post.

text

Seoul to take firm action to cushion global uncertainties: finance minister

​South Korea's finance minister said Monday the government will take firm action to cushion any fallout from wide-spreading economic uncertainties stemming from Donald Trump's victory in the U.S. presidential election.

text

Trump's election win delivers major blow to Obama's legacy on trade

​Donald Trump's surprise victory in U.S. presidential election on Tuesday delivered a major blow to President Barack Obama's legacy on trade, as any hope of enacting his signature Pacific trade deal quickly faded after the election.

text

Obama administration gives up on enacting Pacific trade deal

The Obama administration has given up all hope of enacting the controversial Trans-Pacific Partnership (TPP) trade deal, just days after a surprise victory of Republican presidential candidate Donald Trump in U.S. election, local media reported Friday.

text

Asia shares rebound in sharp turnaround from Trump shock

Asian shares rebounded on Thursday and the dollar firmed in a remarkable snapback from the shock of Republican Donald Trump's presidential victory, though the speed of the reversal left some market watchers scratching their heads.

text

British PM flies to India for post-Brexit trade preparations

British Prime Minister Theresa May flew to India yesterday, a nation she called a "key strategic partner", to prepare the ground for key trade agreements after Britain quits the European Union.

text

Britain PM May says Britain already has a good visa system with India

​Britain already has a good visa system with India, Prime Minister Theresa May said late on Sunday as she arrived in the country for her first bilateral trip outside of the European Union since June's Brexit vote.

text

Germany calls for free trade accord, welcomes China steel talks offer

German Economy Minister Sigmar Gabriel called for a resumption of long-stalled efforts to negotiate a global free trade accord on Saturday, warning that a proliferation of bilateral trade deals could lead to varying standards and rules.

text

Ministry of Commerce responds to Indian politicians' call to boycott Chinese products

Shen Danyang, the spokeperson for China's Ministry of Commerce, criticized the proposed boycott of Chinese products by some Indian politicians at a press conference held on Nov. 2.

text

Li promotes SCO bank, free trade

The six-member Shanghai Cooperation Organization on Thursday proposed to advance the establishment of a development bank and fund to boost financial cooperation.

text

Tokyo hosts 11th China, Japan and ROK economic and trade meeting

Economic and trade ministers from China, Japan and the Republic of Korea (ROK) agreed on Saturday that the three countries need to strengthen and develop their cooperative relationship in the field of economy and trade.

text

Belgium plans new talks to break EU-Canada trade deadlock

Belgium's political leaders looked Thursday to a new round of talks aimed at resolving differences that have blocked a landmark EU-Canada free trade deal.

text

China, Uruguay agree to begin studying FTA

Presidents Xi and Vazquez also decide they will upgrade relations to a strategic partnership

text

Chinese vice premier underlines trade stabilization

​Chinese Vice Premier Wang Yang called for intensified efforts to support companies expanding overseas market for trade recovery.

text

The last thing a global economy in peril needs is the spectre of rising trade protectionism

The release of cash to the financial sector must be properly channelled to consumers and business, and not hoarded by the banks for balance sheet purposes

text

China no currency manipulator, Obama Treasury says for last time

The Treasury Department for the final time during President Barack Obama’s tenure declined to label China a currency manipulator, in an implicit rejection of Republican nominee Donald Trump’s hard-line approach to the world’s second-biggest economy.