International

Donald Trump remarks invite global rebuttals, move share prices

Trump, who takes office on Jan. 20, also floated the idea of turning Canada into a US state, said he would demand far higher defense spending from NATO allies and promised to change the name of the Gulf of Mexico to the Gulf of America.

Beijing eyes cut in fuel oil imports amid boost to consumer subsidies

The rise in import duties, which comes on top of a separate policy last October to reduce tax rebates on fuel oil shipments, will further crimp margins for China's refining sector that has been reeling from lacklustre margins since last year.