Yen gains, Aussie hit as US announces US$200b China tariff list
TOKYO: The dollar fell from seven-week highs against the yen and the Australian dollar stumbled after Washington announced a plan to slap tariffs on $200 billion of imports from China, escalating tensions between the world's two biggest economies.
Also in the news is Hyperloop has announced signing of an agreement in China SoftBank’s Son says Japan is ‘stupid’ for not allowing ride-sharing [Reuters] SoftBank Group Corp Chief Executive Masayoshi Son slammed on Thursday the Japanese government’s ride-sharing ban and said the country had fallen behind overseas rivals in areas such as artificial intelligence […]
The post Today’s top tech news, July 19: SoftBank’s Son says Japan is ‘stupid’ for not allowing ride-sharing appeared first on e27.
KUALA LUMPUR (July 19): The Royal Malaysian Customs Department has dismissed reports that surfaced this afternoon that completely knocked down (CKD) cars including sedans, four wheel drives, station wagons and race cars will be exempted from the sales and services tax (SST).
In a statement today, Customs director-general Datuk Seri Subromaniam Tholasy conceded that the implementation of sales tax for motor vehicles has been proposed.