Vietnam will impose anti-dumping tariffs on steel from China, following South Korea and other nations in fighting back against surging supplies from the world’s biggest producer.
Asian equities were mixed overnight as Indonesia outperformed, Taiwan underperformed, and South Korea was closed for Independence Day.
Anti-Chinese sentiment has been growing in South Korea, along with opposition to the impeachment of President Yoon Suk Yeol
Chinese and Taiwanese companies will invest nearly US$300 billion overseas, while those from South Korea will funnel US$200 billion.
Shares retreated Friday in Asia, with benchmarks in Japan, Hong Kong and South Korea falling more than 2% after Wall Street indexes fell sharply on doubts over the frenzy around artificial-intelligence technology.
South Korea's suspended president defends himself at impeachment hearing. Taiwan blames China for disconnected undersea cable. Deadly bus crash in Thailand. Hong Kong plans deep cuts to civil service jobs.
South Korea's acting President Choi Sang-mok on Wednesday ordered a review into the impact of U.S. tariffs on Canada, Mexico and China that came into force this week.
World shares have retreated, with benchmarks in Japan, Hong Kong and South Korea tumbling more than 2%. U.S. President Donald Trump's decision to push ahead with 25% tariffs on imports
While it was founded in Texas, it has expanded all over the world and has a particularly good reputation for high quality and diverse food in Japan, South Korea, Taiwan, Thailand, and Hong Kong. In a viral video with more than 1.
India's finished steel imports from China, South Korea and Japan hit a record high in the first 10 months of the financial year, according to provisional government data seen by Reuters on Tuesday.
Shipbuilders in Japan and South Korea – likely intended to benefit from a US port fee plan targeting China – might not be able to make up for the shortfall.
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