ASEAN countries Face Higher Duties than neighbors
HANOI/JAKARTA/MANILA/KUALA LUMPUR – The recent conclusion of tariff negotiations between the United States and several Asian countries has revealed a stark disparity: while South Korea and Japan secured a reduced 15% import tariff into the U.S., ASEAN countries such as … Continue reading ASEAN countries Face Higher Duties than neighbors
Trump and South Korea Seal Tariff Deal: 15 percent
WASHINGTON/SEOUL — The United States and South Korea have reached a high-stakes trade agreement that defuses a potential tariff escalation and opens the door to significant South Korean investments in the U.S. economy. The deal, announced by former U.S. President … Continue reading Trump and South Korea Seal Tariff Deal: 15 percent
Malaysia: High-Value Goods Tax Scrapped
KUALA LUMPUR — Malaysia has formally abandoned its earlier plan to introduce a high-value goods tax (HVGT), Prime Minister and Finance Minister Datuk Seri Anwar Ibrahim confirmed in a written reply to Parliament. Instead, the government has integrated its core principles … Continue reading Malaysia: High-Value Goods Tax Scrapped
8.7 Earthquake Triggers Pacific-Wide Tsunami Alerts
KAMCHATKA PENINSULA/TOKYO/ANCHORAGE – A powerful magnitude 8.7 earthquake struck off the coast of Russia’s Kamchatka Peninsula on Wednesday morning, triggering tsunami waves between 3 and 4 meters along parts of the Russian Pacific coastline and setting off widespread tsunami warnings … Continue reading 8.7 Earthquake Triggers Pacific-Wide Tsunami Alerts
JD.com Confirms Acquisition Talks with MediaMarktSaturn
DÃœSSELDORF/BEIJING – Chinese online retail giant JD.com is reportedly in advanced talks over a potential acquisition of Media Markt and Saturn, two of Germany’s leading electronics chains. As confirmed by parent company Ceconomy AG, negotiations are ongoing, with JD.com offering … Continue reading JD.com Confirms Acquisition Talks with MediaMarktSaturn