Global News From All Around the World Blog

Cargo trade routes are changing amid trade war, says SATS CEO 0

Cargo trade routes are changing amid trade war, says SATS CEO

A reconfiguration of cargo routes is underway as the trade war between the U.S. and China spills over globally, a logistics industry executive said on Friday. “We’ve definitely seen an impact in certain trade...

Trump’s trade war could dent China’s domestic consumption, dragging down the rest of Asia 0

Trump’s trade war could dent China’s domestic consumption, dragging down the rest of Asia

Citi, meanwhile, said in a recent report that concerns about China’s economy along with continued strength in the U.S. dollar and pressures on global trade form three “major risks” to growth prospects for emerging...

As Pence kicks off his Asia tour, other countries have their own ideas for the ‘Indo-Pacific’ 0

As Pence kicks off his Asia tour, other countries have their own ideas for the ‘Indo-Pacific’

The United States says it has clear ideas for the strategically important “Indo-Pacific” region. But so do a lot of other countries. U.S. Vice President Mike Pence is expected to lay out details of...

Australia prime minister: Concerns about political instability are ‘overly stated’ 0

Australia prime minister: Concerns about political instability are ‘overly stated’

Going forward, the leader said he plans to increase Canberra’s involvement in the Pacific Islands, a resource-rich area that encompasses tiny states such as Kiribati, the Marshall Islands and Tuvalu. “Australia is a principal...

Southeast Asia’s e-commerce growth is still accelerating, says Alibaba-backed Lazada 0

Southeast Asia’s e-commerce growth is still accelerating, says Alibaba-backed Lazada

Chinese e-commerce giant Alibaba may have recorded its slowest ever annual growth rate for its Singles Day shopping extravaganza this year, but a large online retailer in Southeast Asia that is majority-owned by Alibaba...

A US pivot to Europe would boost the economy and national security 0

A US pivot to Europe would boost the economy and national security

Hopefully, there is enough bipartisanship left in Washington to support such vitally important trade policy changes initiated by the present administration. Meanwhile, there are things the White House can do on its own. For...

Cyber-attacks, weak government, and energy shocks pose biggest risks to firms, WEF finds 0

Cyber-attacks, weak government, and energy shocks pose biggest risks to firms, WEF finds

Cyber security, energy price shocks and failure of national governance are among the biggest threats to business in 2018, according to research published Monday. The World Economic Forum (WEF) spoke to more than 12,000...

I’ll be ‘surprised’ if Trump is re-elected: Malaysian Prime Minister Mahathir 0

I’ll be ‘surprised’ if Trump is re-elected: Malaysian Prime Minister Mahathir

MalaysianPrime Minister Mahathir Mohamad said Monday that he would be surprised if U.S. President Donald Trump wins another White House term in 2020. He said he based that prediction on what he deemed a...

‘OPEC is not effective,’ says Malaysia’s prime minister 0

‘OPEC is not effective,’ says Malaysia’s prime minister

Malaysia is an oil producing country. Consequently, analysts at Fitch recently said a decline in oil prices will undermine the country’s effort to cut its debt given its dependence oil revenue. But Mahathir said...

Shares of Apple suppliers in Asia sink amid worries about iPhone demand 0

Shares of Apple suppliers in Asia sink amid worries about iPhone demand

Shares of some major Apple suppliers fell in Asian trading Tuesday — some to multi-year lows — after the iPhone maker’s stock plunged on concerns about customer demand. Apple dropped 5 percent overnight in...