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Mike Pompeo to visit Beijing next week amid trade war; likely to meet with President Xi Jinping, Foreign Minister Wang Yi
•Pompeo's visit comes as the US administration is accusing China of trying to undermine President Donald Trump, who accused China during a meeting of the UN Security Council of interfering in American elections to help his Democratic rivals.
Donald Trump readies tariffs on $200 billion more Chinese goods despite attempts to restart trade talk with Beijing, says report
•The timing for activating the additional tariffs was unclear.
Bonds, rupee slump as emerging markets come under pressure amid rising dollar, crude prices
•The 10-year benchmark bond yield rose to 8.12 percent, its highest since 28 November 2014 as a rise in global crude oil prices added to inflation concerns.
Bill Gates says jobs growth in India is linked to quality education; universities and schools must foster innovation
Fp Staff •Microsoft founder Bill Gates believes the private sector is where most jobs will be created, and that there is opportunity to get way more out of the private sector.
Trade war intensifies: China plans tariffs on $60 bn US goods from crude to condoms
•Donald Trump has said he is determined to reduce the large US trade deficit with China
Trump effect? China loses world's No 2 spot to Japan on fears of trade war with the US, slow economic growth
•Chinese stocks were worth $6.09 trillion, compared with $6.17 trillion in Japan.
IMF warns excess trade surpluses aggravate tensions; protectionist trade measures could harm growth
•The IMF once again warned against using protectionist trade measures, calling this a "slippery slope" that could harm growth without resolving the problem.
US-Canada trade war: In tit-for-tat measure, Ottawa imposes tariffs on 250 American goods, including orange juice, bourbon
•Canada imposed retaliatory tariffs on various American goods in response to Donald Trump's decision to slap steel and aluminium tariffs early June
Trade wars: Canada hits Unites States with retaliatory tariff amid row on steel and aluminium import restrictions
•Canada hit back at steep US tariffs on aluminium and steel on Thursday, announcing retaliatory duties on up to Can$16.6 billion (US$12.8 billion) in American imports.
Despite warmth, Angela Merkel and Donald Trump still differ on trade and Iran nuclear deal
•German Chancellor Angela Merkel and US president Donald Trump were unable to overcome differences on trade on Friday at a White House meeting where they nonetheless put on a show of warmth and friendship despite tensions between the two allies