News

Trump withdraws U.S. from Paris Climate Accord; scientists respond

Donald Trump, who called climate change “a hoax” during his campaign, has withdrawn the United States from the Paris Climate Agreement, rejecting a pact that is being honored by more than 190 nations.The U.S. signed and ratified the agreement under President Obama, and it is ...

China tells Donald Trump there is an 'international responsibility' to act over climate change

There is an “international responsibility” to fight climate change, China’s Premier Li Keqiang has said in a clear message to Donald Trump ahead of his expected announcement that the US will withdraw from the historic Paris Agreement.Despite widespread reports of the US’s imminent departure, Mr ...

Trump hails signing of deals worth 'billions' with Vietnam

U.S. President Donald Trump discussed trade with Vietnamese Prime Minister Nguyen Xuan Phuc during a White House visit on May 31 and welcomed the signing of business deals worth billions of dollars and the jobs they would bring. General Electric Co said earlier it had signed ...

TPP could be revived at Apec meeting

Japan and other remaining members of the Trans Pacific Partnership will this weekend decide how to revive the trade agreement ditched by US President Donald Trump. Their trade ministers will talk on the sidelines of an Asia-Pacific Economic Cooperation (Apec) meeting in Hanoi, Vietnam, where ...

Private sector sees export growth rising by up to 3.5 per cent

A peak grouping of private-sector financial organisations has raised its forecast for this year’s export growth to 2-3.5 per cent amid a pick-up in the global economy. But the Joint Standing Committee on Commerce, Industry and Banking warns that uncertainties over the trade policies of the ...

Trump targets cheap Chinese steel in probe, rallying US steel stocks

President Donald Trump on April 20 launched a trade probe against China and other exporters of cheap steel into the U.S. market, raising the possibility of new tariffs and sending shares of some U.S. steel makers up over 8 percent. Citing concerns about national security, Trump ...

BOT urges hedging against currency risk

Bank of Thailand governor Veerathai Santiprabhob on April 19 urged exporters to hedge against volatility in the value of the baht as the country faced the prospect of trade protectionism against the backdrop of tensions on the Korean Peninsula – with “unpredictable” outcomes from the latter. “Geopolitical ...

Southeast Asian capitals bristle at Trump's trade probe

The Trump administration’s order to probe U.S. trading partners for unfair practices has provoked outrage in the Southeast Asian nations under scrutiny, and threatens to deepen a divide that leaves the region more exposed to Chinese influence. Indonesia, for one, has challenged the notion that ...

Diplomats and businesses mix hope with caution on return of democracy

The International community on April 6 expressed hope that the promulgation of a new Constitution would pave the way for Thailand’s return to full democracy although some concerns remained because of restrictions on political rights and activities imposed by the junta. The private sector had mixed ...

What’s on the agenda for the Trump-Xi meeting?

Tomorrow, U.S. President Donald Trump will begin his first face-to-face meeting with Chinese President Xi Jinping. The meet-and-greet, to be held at Trump’s Mar-a-Lago estate in Palm Beach, Florida, will be the first direct engagement between the two leaders since a phone call on February ...

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