The Biden administration said on Friday it was moving to curb low-value shipments entering the US duty-free under the US$800 (RM3,442) "de minimis" threshold that has been exploited by Chinese e-commerce firms such as Shein and PDD Holdings' Temu.

China's online retailers Shein, Temu in focus as US aims to plug trade 'loophole' 

The Biden administration on Friday locked in steep tariff hikes on Chinese imports, including a 100% duty on electric vehicles, to strengthen protections for strategic domestic industries from China's state-driven excess production capacity.

US locks in steep China tariff hikes, many to start Sept 27 

Clues on when the European Central Bank (ECB) will next cut interest rates were in short supply on Thursday, with president Christine Lagarde and colleagues awaiting data on how drastically the economy is deteriorating — and how that will shift inflation.

Lagarde offers no help on rate cuts as ECB waits for answers

The European Commission said on Thursday it had received offers from electric vehicle makers in China for minimum import prices into the European Union as a way of avoiding tariffs, but had rejected all of them.

EU rejects minimum price offers from Chinese EV exporters

The European Central Bank cut interest rates again on Thursday as inflation slows and economic growth in the euro zone falters, but gave few clues to its next step, even as investors bet on steady policy easing in the months ahead.

ECB cuts interest rates as growth dwindles

US presidential contender Donald Trump's plan to hike tariffs on imports if he is elected back to the White House in November would send cargo rates soaring and accelerate inflation, just like it did during his 2017-21 term, shipping and retail experts said.

Trump's plan to hike tariffs would spike shipping costs, just like in 2018, experts say

Chinese carmaker Chery Auto is ready to spend billions of euros to ensure its Omoda and Jaecoo brands are embraced by European customers within three years, the head of the two brands for the Italian market told Reuters.

China's Chery plans investment drive to build Omoda, Jaecoo brands in Europe

The European Union (EU) is exaggerating spending on climate-friendly projects, potentially by billions of euros, the bloc's auditors said on Wednesday, citing examples of countries claiming spending on IT systems and salaries as green.

EU likely exaggerating climate-friendly spending, auditors say

The World Trade Organization (WTO) urged governments to resist tariffs and other barriers to international commerce, arguing that protectionism risks undoing three decades of unprecedented progress in narrowing the gap between rich and poor nations.

WTO warns nations that protectionism may widen rich-poor gap

Mexico’s annual inflation slowed roughly in line with expectations in August as a spike in food prices faded, giving the central bank more room to consider another interest rate cut this month.

Consumer prices rose 4.99% from a year earlier, a touch below the 5.06% median estimate from analysts in a Bloomberg survey, the national statistics institute reported on Monday.

Mexico annual inflation slows, keeping new interest rate cut in play

The European Central Bank will probably cut interest rates on Thursday in a prelude to a US move the following week, as the global monetary cycle tilts toward more synchronised easing.

ECB poised to cut rates again in warm-up act for US Fed

China will take Canada to the World Trade Organization to challenge Ottawa’s decision to impose new tariffs of up to 100% on Chinese-made electric vehicles, steel and aluminum.

China lodges WTO complaint over Canada’s EV and metal tariffs

The UK needs about £1 trillion (RM5.7 trillion) of investment over the next decade to meet its goals for economic growth, according to London business executives. 

An extra £100 billion of fresh investment every year would put the country on track to achieve 3% annual growth in real wages and real gross domestic product per capita, according to a report from the Capital Markets Industry Taskforce.

UK needs £1 tril investment to meet growth goals, say London executives 

Nippon Steel's proposed US$14.90 billion (RM64.57 billion) takeover of US Steel would create national security risks because it could hurt the supply of steel needed for critical transportation, construction and agriculture projects, the US said in a letter sent to the companies and seen by Reuters.

US fears Nippon bid for US Steel could hit vital steel supplies

BENGALURU (Sept 14): Canada's ABC Technologies Holdings Inc proposed a revised buyout of London-listed automotive components supplier TI Fluid Systems at 176 pence (US$2.31, or RM9.94) per share on Sept 4, the companies said on Saturday.

Canada's ABC Technologies proposes revised buyout of UK's TI Fluid

CARACAS/MADRID/WASHINGTON (Sept 14): Two Spaniards, three US citizens and a Czech have been arrested in Venezuela on suspicion of links to alleged plans to destabilise the South American country, a top Venezuela official said on Saturday.

Venezuela arrests Spain, US and Czech nationals for 'destabilisation'

PORT-AU-PRINCE, Haiti (Sept 14): A fuel truck exploded on a road in Haiti's southern peninsula on Saturday, killing at least 25 people, according to local media, and leaving dozens of survivors with serious burns.

Haitian PM visits 'horrible scene' of gas truck blast; death toll now put at 25

CAIRO (Sept 14): At least three people were killed and 49 others wounded in a collision between two passenger trains in Zagazig city northeast of Cairo, Egypt's health ministry said on Saturday.

At least three killed, 49 injured in Egypt train collision

KUALA LUMPUR (Sept 15): Inspired by the ongoing “Naomi: In Fashion” exhibition at the Victoria & Albert museum in London, we take a look at some of the most unforgettable moments in the groundbreaking model, cultural icon and activist’s 40-year (and counting) career history, starring Suganya Bala Subramaniam.

Super trouper

KUALA LUMPUR (Sept 15): Malaysia’s thriving building and construction industry is central to the country’s economic development and plays a pivotal role in nation-building. In conjunction with Malaysia Day this year, some of the country’s top property developers and key real estate associations share their thoughts on what being Malaysian means to them and their organisations, as well as their hopes for the country.

Building together

PAS' 70th muktamar on Saturday unanimously approved seven proposed amendments to the party's constitution, including the creation of clear and strict anti-party-hopping provisions.

PAS amends constitution; those joining, supporting another party automatically lose membership

The Selangor Islamic Religious Department (JAIS) has been ordered to conduct an immediate investigation into all welfare homes and Islamic schools in the state associated with Global Ikhwan Services and Business (GISB) Holdings and its network, according to the Selangor Islamic Religious Council (MAIS).

JAIS to probe welfare homes, religious schools linked to GISB over purported teachings that deviate from Islam

Permanent and pensionable civil servants who opt for the Public Service Remuneration System (SSPA) will not only have a permanent and unaffected pension, but will also receive salary adjustments.

Permanent civil servants opting for new remuneration system to keep pension, get salary adjustments

The chief executive officer of the Malaysian Palm Oil Council (MPOC), Belvinder Kaur Sron, on Saturday called on the European Union to delay the implementation of its Deforestation Regulation (EUDR), in order to address flaws of the policy.

MPOC calls on EU to delay implementation of its deforestation regulation

KUALA LUMPUR (Sept 15): Malaysia’s thriving building and construction industry is central to the country’s economic development and plays a pivotal role in nation-building. In conjunction with Malaysia Day this year, some of the country’s top property developers and key real estate associations share their thoughts on what being Malaysian means to them and their organisations, as well as their hopes for the country.

KUALA LUMPUR (Sept 15): Inspired by the ongoing “Naomi: In Fashion” exhibition at the Victoria &amp; Albert museum in London, we take a look at some of the most unforgettable moments in the groundbreaking model, cultural icon and activist’s 40-year (and counting) career history, starring Suganya Bala Subramaniam.&nbsp;

PORT-AU-PRINCE, Haiti (Sept 14): A fuel truck exploded on a road in Haiti's southern peninsula on Saturday, killing at least 25 people, according to local media, and leaving dozens of survivors with serious burns.

CAIRO (Sept 14): At least three people were killed and 49 others wounded in a collision between two passenger trains in Zagazig city northeast of Cairo, Egypt's health ministry said on Saturday.

CARACAS/MADRID/WASHINGTON (Sept 14): Two Spaniards, three US&nbsp;citizens and a Czech have been arrested in Venezuela on suspicion of links to alleged plans to destabilise the South American country, a top Venezuela official said on Saturday.

BENGALURU (Sept 14): Canada's ABC Technologies Holdings Inc proposed a revised buyout of London-listed automotive components supplier TI Fluid Systems at 176 pence (US$2.31, or RM9.94) per share on Sept 4, the companies said on Saturday.

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