Home 

Xian, the city with the fastest rising home prices in China, imposes property buying curbs on immigrants

Nearly 800,000 immigrants in Xian, home to the Terracotta Army, will be unable to buy homes after the northwestern Chinese city introduced new property curbs on Thursday, dealing a blow to the red-hot market.The city of 10 million people has banned new immigrants from buying primary or secondary homes within 12 months of acquiring a local hukou. A hukou is a household registration document all Chinese citizens must have that controls access to public services based on the birthplace of the… Source link

Read More
Vietnam 

Việt Nam imposes anti-dumping duties on steel from China and South Korea – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

20 firms from China and three from South Korea that produce colour-coated steel sheets will be subject to temporary anti-dumping duties. — Photo moit.gov.vn HÀ NỘI — The Ministry of Industry and Trade (MoIT) has announced it will levy temporary anti-dumping duties of up to nearly 35 per cent on colour-coated steel sheets originating from China and South Korea. Twenty Chinese exporters will be taxed at rates from 3.45 to 34.27 per cent while anti-dumping duties for three South Korean businesses will range from 4.48 to 19.25 per cent. The duties will take effect on June 25. The MoIT said…

Read More
Vietnam 

MoIT imposes temporary anti-dumping duties on Chinese products – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

The temporary anti-dumping duties will be imposed on some aluminum products originating from 17 Chinese producers. — Photo tbck.vn HÀ NỘI — The Ministry of Industry and Trade (MoIT) has announced temporary anti-dumping duties on aluminum products originating from 17 Chinese producers. The products include alloy or non-alloy products produced in bars, rods and shapes that have been extruded, regardless of whether the surface is treated or if the products have been further processed in Việt Nam. The products are used to make aluminum doors, wattle walls, storage cabinets and interior and exterior decorations, as well as construction. In addition,…

Read More
Global 

US-China trade war impact on Japan limited but risks high if United States imposes new tariffs, analysts say

The US-China trade war has so far only had a limited impact on Japan’s lukewarm economic growth, but the affect is likely to grow if Washington imposes further sanctions on Chinese imports, Japanese analysts said.The downward pressure on Japanese growth over the last year, in fact, has been less to do with the trade war and more to do with declining global demand for smartphones, which has hit Japanese exports. The lingering effects of China’s deleveraging campaign to reduce debt and risky… Source link

Read More
Vietnam 

Malaysia imposes maximum anti-dumping duty of 13.68 per cent on cold rolled steel from VN – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  Malaysia has revised anti-dumping duties imposed on cold rolled steel from Việt Nam to a maximum rate of 13.68 per cent. — File Photo  HÀ NỘI — The Malaysian Ministry of International Trade and Industry (Miti) has revised anti-dumping duties imposed on imports of cold rolled coils of alloy and non-alloy steel originating or exported from China, the Republic of Korea (RoK) and Việt Nam. According to the Trade Remedies Authority of Việt Nam, anti-dumping duties for Việt Nam would stand at 2-13.68 per cent. The duty is now set at…

Read More
Home 

Hong Kong’s securities regulator takes listings sponsors to task, imposes fines of U$24.7m in 2018

The Securities and Futures Commission stepped up its vigilance last year, imposing heavy fines on big investment banks for failing in their duties as sponsors of new company listings, according to a report by the law firm Freshfields Bruckhaus Deringer.The city’s securities regulator imposed a total of HK$194 million (US$24.7 million) in fines in 2018, down 61 per cent from the previous year.Excluding the record HK$400 million penalty slapped in November 2017 on HSBC Private Bank (Suisse) for… Source link

Read More
Vietnam 

Philippines imposes provisional safeguard measures on cement imported from Việt Nam – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

The Philippines has decided to impose provisional safeguard measures on cement imported from various country, including Việt Nam. – Photo cafef.vn Viet Nam News HÀ NỘI — The Philippines Department of Trade and Industry (DTI) has decided to impose provisional safeguard measures on cement imported from various countries, including Việt Nam. The provisional safeguard measures will be in the form of a cash bond of 210 pesos (US$4) per tonne of imported cement with tariff classification codes 2523.2990 and 2523.9000 for a period of 200 days. According…

Read More
Home 

Haikou city imposes fresh housing restrictions, dampens hopes of policy loosening in China’s property market

Haikou city in China’s southern Hainan province introduced a fresh round of restrictions on the sale of homes on Wednesday, weeks after three cities on the mainland eased their housing policies amid headwinds. According to Shanghai Securities News, companies cannot buy homes and only residents who moved to the city before April 22, 2018 can buy more than one home. Official documents also reiterate strict compliance to prices agreed by the government. The Haikou government did not respond to requests for comment. Easing restrictions at the national level, not city…

Read More
Vietnam 

Malaysia imposes temporary anti-dumping duties on VN’s gavalnised iron – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Malaysia has imposed temporary anti-dumping duties on galvanised iron imported from Việt Nam and China. — Photo vietnambiz.vn Viet Nam News HÀ NỘI — Malaysia’s Ministry of International Trade and Industry (MITI) has decided to impose temporary anti-dumping duties ranging from 3.33 per cent to 16.13 per cent on galvanised iron imported from Việt Nam and China. The duties will be applied for no more than 120 days, and have been effective since November 8. The move follows the completion of a preliminary anti-dumping investigation concerning imports…

Read More
Singapore 

US imposes North Korea-related sanctions on Singapore firms , Singapore News

WASHINGTON – The US Treasury Department imposed sanctions on two Singapore-based entities and a man accused of money laundering through the US financial system to evade sanctions against North Korea, the department said in a statement on Thursday. The United States said the person targeted by sanctions, Tan Wee Beng, a director and shareholder of a Singapore-based commodities trading company, hid the origins of payments and structured transactions to fulfil millions of dollars in North Korean contracts since at least 2011. The Treasury Department also imposed sanctions on two vessels…

Read More