Negotiations about trade war by US President Donald Trump and Chinese President Xi Jinping at the G20 summit in Osaka, Japan, last weekend didn’t necessarily change the global economic outlook. This was confirmed by Moody's, an international rating agency.

Treasury Secretary, Steven Mnuchin, revealed that the long-awaited deal between U.S. and China is 90 percent to complete.

Department for International Trade shows that foreign investment in the UK falls drastically amid Brexit uncertainty.

As the beginning effort to enhance the bilateral cooperation in the trade field, Indonesia and Argentine have agreed to establish a Working Group on Trade and Investment (WGTI).

Ruan Zongze, the Executive Vice President of the Chinese Institute of International Relations said Indonesia could be a victim of the trade war between Washington and Beijing.

Previously Japan has an import ban for chicken and other poultry from other countries.

On Wednesday, South Korea and China held the 23rd Joint Economic Committee in Seoul to expand the nations’ cooperation in economic sectors.

The restrictions of China goods in the U.S. is causing a dilemma for the country’s industries, especially for switching the suppliers and rising costs in production.

As export-reliant economies, South Korea, Japan, and Taiwan will likely be most badly hit by the increasingly heated tensions between China and the US that threatens to slow down the global trading volume.

On Saturday, President Moon Jae In and Prime Minister Stevan Lofven made agreements at a summit in Saltsjobaden, to widen the countries’ partnership in various field, particulary in response to the Fourth Industrial Revolution.   

This might not be good news for Japan.

Minister of Labor Hanif Dhakiri said that the workers' request to revise Government Regulation (PP) No. 78 of 2015 concerning Payment must be studied more deeply and must be mutually beneficial for both workers and business people.