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Monday, September 28, 2026 | Daily Newspaper published by GPPC Doha, Qatar.

Tag Results for "trade" (189 articles)

US President Donald Trump (centre L) walks with Malaysia's Prime Minister Anwar Ibrahim (centre R) as he walks from Air Force One upon arrival at Kuala Lumpur International Airport in Kuala Lumpur on October 26, 2025. US President Donald Trump arrived in Malaysia on October 26 on the first leg of an Asian tour that will include high-stakes trade talks with Chinese counterpart Xi Jinping. (AFP)
International

Red-carpet welcome for Trump in Malaysia as key Asian tour gets underway

US President Donald Trump arrived in Malaysia on Sunday on the first leg of an Asian tour that will include high-stakes trade talks with Chinese counterpart Xi Jinping.US-China trade talks in the Malaysian capital entered a second day on Sunday, ahead of Trump's meeting with Xi in South Korea, in a bid to seal a deal to end the bruising trade war between the world's two biggest economies.Trump told reporters aboard Air Force One that he hoped for a "comprehensive deal" with Xi, adding that he expected China to make a deal to avoid further 100 percent tariffs that are due to come into effect on November 1."We're moving forward to the final details of the type of agreement that the leaders can review," US Trade Representative Jamieson Greer told reporters in Kuala Lumpur on Sunday.As he left Washington, Trump added to speculation that he could also meet North Korean leader Kim Jong Un for the first time since 2019 while on the Korean peninsula, saying he was "open to it".The US president will also visit Japan, on his first trip to Asia since returning to the White House in January in a blaze of tariffs and international dealmaking.It is Trump's first visit as president to Kuala Lumpur, where his flight was escorted on its final approach by two Malaysian F-18 jets.Greeted with a red carpet welcome and a sea of Malaysian and US flags, a grinning Trump responded with his trademark arm-waving dance to cultural performers.Trump, who is expected to sign a trade deal with Malaysia, rode with Prime Minister Anwar Ibrahim to the Association of Southeast Asian Nations (ASEAN) summit in his armoured Cadillac -- nicknamed "The Beast".A small group of protesters, including some holding placards reading "Dump Trump", rallied elsewhere in the city.The US president is also expected to witness the signing of a ceasefire agreement between Thailand and Cambodia, a truce he helped broker after the deadliest clashes between the neighbours in decades.Tariff talksAfter Malaysia, Trump is expected in Tokyo on Monday, where the following day he will meet Japan's new Prime Minister Sanae Takaichi.The US leader said he had heard "great things about her" and hailed the fact that she was an acolyte of assassinated former premier Shinzo Abe, with whom he had close ties.Takaichi said she told Trump in a phone call on Saturday that "strengthening the Japan-US alliance is my administration's top priority on the diplomatic and security front".Japan has escaped the worst of the tariffs Trump slapped on countries around the world to end what he calls unfair trade balances that are "ripping off the United States".The highlight of the trip is expected to be South Korea, where Trump will meet Xi for the first time since his return to office.Trump is due to land in the southern port city of Busan on Wednesday ahead of the Asia-Pacific Economic Cooperation (APEC) summit, and will meet South Korean President Lee Jae Myung.On Thursday, global markets will be watching closely to see if the meeting with Xi can halt the trade war sparked by Trump's sweeping tariffs, especially after a recent dispute over Beijing's rare-earth curbs.Trump initially threatened to cancel the meeting and announced the fresh 100 percent tariffs during that row, before saying he would go ahead after all.South Korea's reunification minister has said there is a "considerable" chance that Trump and North Korea's Kim will also meet.The two leaders last met in the Demilitarized Zone (DMZ) separating the two Koreas during Trump's first term.Kim has said he would also be open to meeting the US president if Washington drops its demand that Pyongyang give up its nuclear arsenal.

Gulf Times
Business

China, US begin economic and trade talks

Chinese and US delegations convened in Kuala Lumpur on Saturday for talks on economic and trade issues, according to Xinhua news agency.China’s Ministry of Commerce said in a statement that both sides would hold consultations on key matters concerning China-US economic and trade relations, in line with the important consensus reached between the two heads of state during their phone calls earlier this year.The Chinese delegation was led by Vice Premier He Lifeng, accompanied by Vice Minister of Commerce Li Chenggang and Vice Minister of Finance Liao Min. The US delegation was headed by Treasury Secretary Scott Bessent.Bessent and He Lifeng are negotiating to ease the recently escalated trade measures imposed by both countries on each other. The discussions are also expected to lay the groundwork for a meeting between US President Donald Trump and Chinese President Xi Jinping, scheduled for next Thursday on the sidelines of the Asia-Pacific Economic Cooperation (APEC) Summit in South Korea.

Gulf Times
Business

Dollar edges up ahead of US inflation data

The dollar drifted higher against its major peers on Thursday as traders waited for the delayed release of US consumer inflation data on Friday, while digesting trade threats between Washington and Beijing. The yen weakened to a one-week low against the dollar as the market awaited details of a big stimulus package from new Prime Minister Sanae Takaichi, widely viewed as a fiscal and monetary dove. Sterling remained under pressure after British data on Wednesday showed consumer inflation held steady at 3.8% last month, defying economists' estimates for it to accelerate. The US dollar index, which measures the currency against the yen, sterling, euro and three other peers, edged up 0.5% to 98.979. The dollar added 0.17% to 152.21 yen, and earlier touched 152.26 yen for the first time since Oct. 14. Sterling sagged 0.09% to $1.3345. The euro eased 0.06% to $1.1604.

Gulf Times
Business

Oil rises over 1% amid supply concerns

Oil prices rose by more than one percent on Wednesday, extending gains for the second consecutive day, amid a mix of supply risks linked to sanctions and hopes for progress in US-China trade talks. Brent Crude futures climbed 94 cents, or 1.5%, to $62.26 a barrel, while US West Texas Intermediate (WTI) crude futures rose 92 cents, or 1.6%, to $58.16. Oil rebounded from a five-month low recorded on Monday, driven by increased output from producers and the impact of trade tensions on demand. On Tuesday, the US Department of Energy announced that it is looking to purchase one million barrels of crude oil to refill the Strategic Petroleum Reserve, aiming to take advantage of relatively low oil prices to help replenish stockpiles.

Gulf Times
Region

GCC Secretary-General meets Chair of UK Parliament's International Trade Committee

Secretary-General of the Gulf Cooperation Council (GCC) Jasem Mohamed Albudaiwi met in London with Chair of the International Trade Committee in the United Kingdom Parliament Liam Byrne. At the beginning of the meeting, the Secretary General underscored the important role played by legislative institutions in supporting the paths of economic and trade cooperation between nations. He praised the historical relations between the GCC and the UK and the continuous growth they are witnessing at various levels. They also reviewed the progress made in the free trade agreement (FTA) negotiations between the GCC and the UK, aiming to reach a comprehensive agreement that serves mutual interests and allows for broader horizons of economic and investment integration, thereby enhancing the strategic partnership between the two sides.

Gulf Times
Business

Oil prices dip amid trade tensions and demand concerns

Oil prices slipped in early Asian trading on Monday, weighed down by concerns over a potential global supply glut and renewed US-China trade tensions that have heightened fears of slower economic growth and weaker energy demand. Brent Crude futures fell $0.24, or 0.4%, to $61.05 a barrel, while US West Texas Intermediate (WTI) crude dropped $0.21, or 0.4%, to $57.33, erasing gains from the previous session. Both benchmarks declined more than 2% last week, marking a third consecutive weekly loss, following the International Energy Agency's warning of a growing supply surplus expected in 2026. Trade friction between the world's two largest oil consumers intensified after Washington and Beijing imposed additional port fees on vessels carrying goods between them — a tit-for-tat move that analysts say could disrupt global shipping flows and dampen demand for crude.

(FILES) A worker displays a one kilogram gold bullion bar at the ABC Refinery in Sydney on August 5, 2020. Gold's relentless rise reached another milestone on October 8, 2025 as the precious metal hit $4,002.95 an ounce for the first time. (Photo by DAVID GRAY / AFP)
Business

Gold edges higher after sharp weekly decline

Gold prices edged higher on Monday, recovering part of last week's steep losses after easing US-China trade tensions spurred investors to shift toward riskier assets. Spot gold rose 0.4% to $4,263.59 per ounce, rebounding after a 1.8% drop on Friday — its largest single-day fall since mid-May. Despite the decline, the metal still notched its best weekly gain since April, having earlier surged to an all-time high of $4,378.69 per ounce. US gold futures for December delivery climbed 1.5% to $4,275.40 per ounce. Spot silver advanced 0.5% to $52.08 per ounce, following a sharp 4.4% drop in the previous session — its biggest intraday loss since early April — after touching a record high of $54.47. Among other precious metals, platinum fell 1.1% to $1,591.55, while palladium slipped 0.5% to $1,467.16 per ounce.

Gulf Times
International

Trump says he's working to end Ukraine war, affirms ongoing trade war with China

US President Donald Trump affirmed that he is working hard on resolving the Ukrainian crisis, amid the ongoing Russian military operation against Ukraine since February 24, 2022. Trump added, in press statements, that he continues to work on ending the Russian war on Ukraine, saying he is working diligently on this file, ahead of the expected visit of Ukrainian President Volodymyr Zelenskyy to the White House scheduled for Friday. On another note, the US President stated that the United States is in a trade war with China. In response to a question about the possibility of escalating relations with China into a trade war, Trump said, "We're in one now."

(FILES) A worker displays a one kilogram gold bullion bar at the ABC Refinery in Sydney. (AFP)
Business

Gold nears fresh record high on safe-haven demand

Gold prices continued to trade near record highs on Wednesday, as renewed US-China trade tensions prompted investors to seek refuge in the safe-haven metal, while expectations of a potential US interest rate cut further supported bullish sentiment. Spot gold was up 0.4% at $4,155.99 per ounce. US gold futures for December delivery gained 0.3% to $4,174.30. The precious metal, which yields no interest and is widely viewed as a store of value in times of economic and geopolitical uncertainty, reached a record high of $4,179.48 per ounce on Tuesday.

Gulf Times
Business

Qatari-Slovenian Business Forum to be held next month

Acting General Manager of Qatar Chamber (QC) Ali Bu Sherbak Al Mansouri, met on Thursday, Oct. 9, at the Chamber's headquarters, with the Non-Resident Ambassador of the Republic of Slovenia to the State of Qatar, Natalia Al Mansour. During the meeting, both sides discussed bilateral relations and ways to enhance cooperation in the trade and economic fields, as well as the role of the Qatari private sector in promoting trade exchange between the two countries. The meeting also touched on the arrangements for holding the Qatar-Slovenia Business Forum in Doha in November, with the participation of a high-level Slovenian delegation, alongside a number of Qatari and Slovenian businesspersons and investors. Al Mansouri affirmed the Chamber's readiness to cooperate with the Slovenian side to further develop trade and investment relations between the two countries. He noted that trade exchange between both countries amounted to about QR 138 million in 2024, highlighting the mutual desire to enhance the role of the private sector in stimulating investments and boosting bilateral trade.

Gulf Times
Business

Qatar Chamber discusses trade relations with Sierra Leone

Qatar Chamber's Acting General Manager, Ali Bu Sherbak Al Mansouri, met on Wednesday with Trade and Investment Attaché at the Embassy of the Republic of Sierra Leone to the State of Qatar Jonathan Kamara Bio. The meeting focused on bilateral cooperation between the two countries and ways to enhance collaboration in commercial and economic fields, highlighting the role of the Qatari private sector in promoting trade exchanges. It also discussed preparations for the upcoming Qatari-Sierra Leone Business Forum, scheduled to be held in Doha in January 2026, which will include a high-level delegation from Sierra Leone along with business owners and investors from both sides. Al Mansouri affirmed the Chamber's readiness to work with the Sierra Leonean side to strengthen trade and investment relations, particularly in the agriculture, industry, and engineering sectors.

Dr Mohamed Althaf, Global Director of LuLu Group International. PICTURE: Shaji Kayamkulam
Business

Top LuLu executive urges Indian firms to use Qatar as ‘springboard’ for global expansion

A top LuLu Group executive has called on Indian companies to shift from “transactional trade” to strategic investment and view Qatar as a launchpad for global markets.Speaking to Gulf Times on the sidelines of the Qatar-India Joint Business Council meeting organised in Doha by Qatar Chamber, Dr Mohamed Althaf, Global Director of LuLu Group International, underscored Qatar’s world-class infrastructure, favourable tax regime, and access to major international trade corridors. He said: “Indian companies should look to Qatar as a springboard for global markets... they should think that this country also offers enormous infrastructure in terms of business, trade, and investments.”Dr Althaf noted that Qatar “has crossed beyond outdated models on commodity exchange” and “the buy and sell type of transaction,” and emphasised that the LNG-rich Gulf state has positioned itself as an investment destination with world-class infrastructure.He pointed to the recent visit of His Highness the Amir Sheikh Tamim bin Hamad al-Thani to India, emphasising the reciprocal engagement of major investment houses “as signs of a maturing partnership”. “What we are looking at now is inward investment into Qatar, joint ventures, collaborations, and co-creative businesses,” Dr Althaf stressed.Dr Althaf emphasised that Qatar’s economic platform is well-positioned to support Indian firms in the smart manufacturing and digital transformation sectors, saying: “They have access to global markets and investment houses. India also has tremendous potential in terms of a lot of good startups and technology firms. That will be a very good synergy.”