<div class=newsTextDataWrapInner><p>KUALA LUMPUR (May 15): The US International Trade Commission (USITC) has determined that there is a reasonable indication that an industry in the US is threatened by reason of imports of boltless steel shelving units prepackaged for sale from Malaysia, Taiwan, Thailand and Vietnam.</p></div>

<div class=newsTextDataWrapInner><p>Boltless steel shelving units that are prepackaged for sale are used for storage in homes, basements, garages, offices, and commercial and industrial operations.</p></div>

<div class=newsTextDataWrapInner><p>In a statement on Tuesday (May 14), the USITC said the products are allegedly sold in the US at less than fair value and are subsidised by the governments of Malaysia, Taiwan, Thailand and Vietnam.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>USITC chairman David S Johanson and commissioners Rhonda K Schmidtlein, Jason E Kearns and Amy A Karpel, voted in the affirmative.</p></div>

<div class=newsTextDataWrapInner><p>As a result of the commission’s affirmative determinations, the US Department of Commerce will continue its investigations on imports of boltless steel shelving units from Malaysia, Taiwan, Thailand and Vietnam.</p></div>


The US International Trade Commission (USITC) has determined that there is a reasonable indication that an industry in the US is threatened by reason of imports of boltless steel shelving units prepackaged for sale from Malaysia, Taiwan, Thailand and Vietnam.

US investigating sale of boltless steel shelving units from Malaysia, other countries

Rupert Murdoch's News Corp said on Monday it would sell its Australian cable TV and streaming unit Foxtel to British over-the-top sports streaming and entertainment platform DAZN for A$3.4 billion (US$2.1 billion), including debt.

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Malaysia Airlines has grounded its new Airbus A330neo plane within days of its maiden flight due to technical issues, the Business Times reported on Sunday.

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Singapore Post Ltd fired its chief executive officer and several other senior leaders following allegations related to its international e-commerce logistics parcels business.

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Asian shares rallied on Monday after a benign reading on US inflation restored some hope for further policy easing next year, while there was relief that Washington had averted a government shutdown.

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President-elect Donald Trump threatened to reassert US control over the Panama Canal on Sunday, accusing Panama of charging excessive rates to use the Central American passage and drawing a sharp rebuke from Panamanian President Jose Raul Mulino.

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Australia’s new targets for carbon emission cuts by 2035 are expected to be delayed by several months as a result of Donald Trump’s return to the White House, likely pushing them out beyond the next election which is due to be held by May.

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(Dec 22): Emerging markets (EM)-focused investors have had little to celebrate over the past year. Or for that matter, over the past decade. Now the prospect of Donald Trump’s tariffs and trade wars has some considering abandoning them altogether.

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<p>Singapore Post Ltd shares slumped by the most in more than four years after the firm fired its chief executive officer and a number of other senior executives following allegations related to its international e-commerce logistics parcels business.</p>


<p>(Dec 22):&nbsp;Emerging markets (EM)-focused investors have had little to celebrate over the past year. Or for that matter, over the past decade. Now the prospect of Donald Trump’s tariffs and trade wars has some considering abandoning them altogether.</p>


<p>President-elect Donald Trump threatened to reassert US control over the Panama Canal on Sunday, accusing Panama of charging excessive rates to use the Central American passage and drawing a sharp rebuke from Panamanian President Jose Raul Mulino.</p>


<p>SEREMBAN (Dec 22): Barisan Nasional (BN) chairman and Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi has assured that Umno and Barisan Nasional (BN), as component parties, will be fully committed to the Unity Government until the next election.</p>


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<p>Asian shares rallied on Monday after a benign reading on US inflation restored some hope for further policy easing next year, while there was relief that Washington had averted a government shutdown.</p>


<p>BENGALURU (Dec 22): Qatar will stop shipping gas to the EU if member states strictly enforce a new law cracking down on forced labour and environmental damage, Energy Minister Saad al-Kaabi told the <em>Financial Times</em>&nbsp;(<em>FT</em>) in an interview published on Sunday.</p>


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<p>BENGALURU (Dec 22): Japan's competition watchdog is expected to find Google guilty of violating the country's antitrust law, <em>Nikkei Asia </em>reported on Sunday, citing sources.</p>


Japan's antitrust watchdog expected to find Google guilty of violating country's law in search case, Nikkei reports

<p>Malaysia Airlines has grounded its new Airbus A330neo plane within days of its maiden flight due to technical issues, the <em>Business Times</em> reported on Sunday.</p>


<p>Australia’s new targets for carbon emission cuts by 2035 are expected to be delayed by several months as a result of Donald Trump’s return to the White House, likely pushing them out beyond the next election which is due to be held by May.</p>


<p>Rupert Murdoch's News Corp said on Monday it would sell its Australian cable TV and streaming unit Foxtel to British over-the-top sports streaming and entertainment platform DAZN for A$3.4 billion (US$2.1 billion), including debt.</p>
