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Global trade

Australia, Britain sign free trade agreement

SYDNEY Australia and Britain signed a free trade agreement Friday that will eliminate almost all taxes on exports between the countries. The FTA was signed at a virtual ceremony by Australian Trade Minister Dan Tehan in Adelaide and…

Blinken says US weighing new sanctions on Myanmar

KUALA LUMPUR, Malaysia U.S. Secretary of State Antony Blinken says the Biden administration is weighing tough new sanctions on Myanmar to pressure the country’s military leaders to restore a democratic path interrupted by a February…

China, US officials hold meeting trade issues

BEIJING China and the U.S. held a virtual meeting on Saturday regarding the two countries’ fraught trade relationship, after a lengthy break in negotiations. China’s top trade negotiator Liu He referred to as U.S. Trade Representative…

Can Asia reinvent global trade?

Bilahari Kausikan Let’s not believe our own propaganda. Asia reinventing global trade is a superficially attractive but problematic proposition. It assumes there once was a free international economy open to reinvention. It assumes there…

EU names Dombrovskis as its new trade chief

BRUSSELS The European Union’s executive commission is proposing its experienced Latvian vice president, Valdis Dombrovskis, to take over the post as trade chief of the bloc following the resignation of Ireland’s Phil Hogan.…

US envoy calls for Iran arms embargo renewal

DUBAI, United Arab Emirates An expiring United Nations weapons embargo on Iran must remain in place to prevent it from “becoming the arms dealer of choice for rogue regimes and terrorist organizations around the world,” the U.S. special…

Sri Lankan government imposes 2 1/2 day curfew

The Latest on the coronavirus pandemic, which has infected more than 244,000 people and killed more than 10,000. The COVID-19 illness causes mild or moderate symptoms in most people, but severe symptoms are more likely in the elderly or…

Asian stocks rise ahead of US-China trade pact

BEIJING Asian stock markets rose Monday ahead of the signing of a U.S.-Chinese trade pact as investors shrugged off weaker-than-expected American jobs data. Benchmarks in Shanghai, Hong Kong and South Korea advanced. Japanese markets were…

Asian markets slide on alarm over Mideast tensions

BANGKOK: Shares skidded in Asia on Monday, with Tokyo’s Nikkei 225 index down 2% on concern over escalating tensions in the Middle East following the killing by a U.S. air strike of an Iranian general. Shares also fell in most other Asian…