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Amid US-China trade war, a new source of tension emerges – Iranian oil

There is hope that a new round of talks next month will bring China and the United States closer to resolving their trade dispute. But, even if that proves to be the case, diverging strategic national interests mean the two economic behemoths will continue to clash.Indeed, energy security issues may be the next flash point.China has every right to maintain its own energy security and every right to decide whom it buys that energy from. Equally, the US has every right to pursue its own interests… Source link

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Việt Nam emerges as attractive destination for Australian investors – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  Leaders from Bắc Ninh Province visited the Australia-invested Linfox warehouse during its opening ceremony earlier this year. — Photo baobacninh.com.vn SYDNEY — Việt Nam has emerged as an attractive destination for international investors including those from Australia, thanks to its cheap labour, young population, high education standards, and government policies which offer tax breaks and other incentives for foreign firms. An article published in the Australian Financial Review said the Southeast Asian country, best known to Australians as a laid-back holiday destination, is now on the radar for big businesses, attracted…

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As talk of global recession emerges amid US-China trade war, deal flows and sentiment take a hit

Companies are taking a much more cautious view on mergers and acquisitions this year, particularly when it comes to transactions involving the United States and China, as the world’s two biggest economies square off in an escalating trade war, according to deal advisers.Transaction volumes – and the value of deals – are down, driven by fewer mega deals and increased uncertainty about the global economic outlook, advisers said.According to research and financial data provider Mergermarket, the… Source link

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“Omni-Channel Retail” emerges as new shopping experience

[Sponsored Article] In the digital era, technology is shaping our urban environment and business systems, transforming industries and leadership, and changing the way we interact, experience and live. Today, online shopping has no doubt become part of our daily lives. But still, consumers are facing a dilemma – not sure about sizing when shopping online, but it is a hassle to go to the shops. To answer this, “Omni-Channel Retail” has emerged as the new shopping experience in recent years.  … Source link

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Hong Kong stocks slide after Trump says he won’t soon meet with Xi, latest medical scandal emerges out of China

The first trading day in Hong Kong of the Year of the Pig opened without delivering the bacon, as stocks slid on downbeat news about the latest medical scandal out of mainland China as well as worries about trade talks and global growth. The Hang Seng Index dropped 1.01 per cent, or 282.02 points, to 27,708.13 at the open on Friday, while the Hang Seng China Enterprises Index shed 1.43 per cent, or 157.72 points, to 10,878.70. All sub-indexes were negative. Pharmaceuticals dragged the Hang Seng down on the heels…

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EU emerges as champion of free trade with Singapore deal

Against the backdrop of rising protectionism and a raging trade war, two stout proponents of free trade have shown there is another way: a free flow of goods and services. The European Union and Singapore signed the EU-Singapore Free Trade Agreement, which will boost services, improve market access, and see tariffs between both parties eliminated in five years. In signing the deal on Friday, Singapore’s Prime Minister Lee Hsien Loong, President of the European Council Donald Tusk and President of the European Commission Jean-Claude Juncker pledged to continue pushing for…

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