TAGs: tension

China, Japan to forge closer ties at 'historic turning point'

26/10/2018 20:51

China and Japan on Friday pledged to forge closer ties as both countries stood together at an “historic turning point”, signing a broad range of agreements including a $30 billion currency swap pact, amid rising trade tensions with Washington.

Turkey doubles tariffs on some U.S. imports; lira rallies

15/08/2018 20:43

Turkey doubled tariffs on some U.S. imports including alcohol, cars and tobacco on Wednesday in retaliation for U.S. moves, but the lira rallied further after the central bank’s liquidity moves had the effect of supporting the currency.