SYDNEY - Shares of most Asian steelmakers rose on Friday, deflecting the first salvo of a long-anticipated anti-dumping campaign from U.S. President Donald Trump.
Citing concerns about national security, Trump on Thursday launched a trade probe against China and other exporters of cheap steel into the U.S. market, raising the possibility of new tariffs.
With US President Donald Trump ordering tougher conditions for issuance of H-1B visas, the biggest beneficiaries of which are Indians, a senior official here said on Thursday that it is not a matter concerning immigration but that of trade and services.
"It is not an immigration matter as we have said earlier, it is basically a trade and services issue," External Affairs Min
With the US tightening the norms for H-1B visas under the President Donald Trump's 'Buy American, Hire American' campaign, the Indian IT companies are bound to face disruptions by way of higher costs and even some laying off work force back home, and the rising rupee is aggravating the situation further for the technology export firms, an Assocham paper said.
Nearly 86 per
By David Lawder
WASHINGTON - World finance leaders are gathering on U.S. President Donald Trump's home turf on Thursday to try to nudge his still-evolving policies away from protectionism and show broad support for open trade and global integration.
The International Monetary Fund and World Bank spring meetings bring the two multilateral institution
US President Donald Trump's new executive order on the H1-B visas for software engineers would have no impact or change the lottery underway, said the Indian IT industry's representative body Nasscom on Wednesday.
"Nothing is being proposed that would impact or change the FY 2018 H-1B lottery (system) that is underway. No new changes are being implemented immediatel
By Alexander Cornwell
DUBAI - Emirates, the largest international airline by passenger traffic, said on Wednesday it was cutting flights on five U.S. routes after restrictions imposed by President Donald Trump's administration weakened demand from the Middle East.
Since taking office, Trump has signed two executive orders banning refugees and citiz
US President Donald Trump on Tuesday signed a "Buy American, Hire American" executive order in Kenosha, Wisconsin, initiating visa and government purchase reforms.
"With this action, we are sending a powerful signal to the world: We're going to defend our workers, protect our jobs, and finally put America first," Xinhua news agency quoted Trump as saying.<
By Steve Holland
WASHINGTON - U.S. President Donald Trump on Tuesday will sign an executive order directing federal agencies to recommend changes to a temporary visa program used to bring foreign workers to the United States to fill high-skilled jobs.
Two senior Trump administration officials who briefed reporters at the White House said Trump will also use
By David Lawder
WASHINGTON - U.S. President Donald Trump's administration declined to name any major trading partner as a currency manipulator in a highly anticipated report on Friday, backing away from a key Trump campaign promise to slap such a label on China.
The semi-annual U.S. Treasury currency report did, however, keep China on a currency "mo
By Michael Martina
BEIJING - The 100-day trade talks announced after a Sino-American presidential summit last week will aim to deal with decades of thorny trade issues, leaving some U.S. business leaders wary that the short timeline might yield superficial results.
Business executives are also worried that President Donald Trump's focus on curtaili
By Howard Schneider and Ann Saphir
WASHINGTON - At first glance, U.S. President Donald Trump and Federal Reserve chair Janet Yellen may have little in common.
Yellen is an academic economist and veteran of Democratic administrations who is committed to an open global economy, while Trump is a real estate mogul with an electoral base suspicious of the e