China enacts foreign-relations law targeting ‘Western hegemony’
China enshrined the right to take retaliatory measures against overseas actors in a new foreign-relations law, which state-media said provided a legal basis for hitting…
US merchandise-trade deficit shrinks on decline in imports
The US merchandise-trade deficit shrank in May by more than expected as the value of imports slid by the most in six months.
Mexico’s booming exports provide more evidence of nearshoring
Mexico’s exports were the second largest on record in May, providing additional evidence that the country is benefiting from a reorganization of global supply chains…
US is planning new AI chip export controls aimed at Nvidia
The Biden administration plans to tighten export controls announced in October to restrict sales of some artificial-intelligence chips to China, amid growing concerns about selling…
Australia’s budget surplus swells on jobs, exports strength
Australia’s first budget surplus in 15 years will be larger than the A$4.2 billion ($2.8 billion) forecast just last month, Treasurer Jim Chalmers said, as…
Republican presidential candidates trade barbs over China policy
Republican presidential candidates quarreled — and stumbled — over China, with ex-UN Ambassador Nikki Haley taking aim at her former boss Donald Trump’s policies toward…
US imposes new sanctions on Wagner Group days after mutiny
The US announced new sanctions targeting the Wagner Group’s gold-mining activities in Africa as part of a bid to hamper the mercenary group’s ability to…
Japan reinstates South Korea as a preferred trading partner
Japan decided to restore South Korea to its list of preferred trading partners, the latest step toward bolstering relations that will help them strengthen cooperation…
Hong Kong exports fall as global demand slump weighs on economy
Hong Kong’s exports fell in May for a 13th consecutive month as weak demand for goods from China and the world continue to pose challenges…
Orders for US business equipment increase for a second month
Orders placed with US factories for business equipment rose in May for a second month, indicating companies continue to make longer-term investments despite high borrowing…
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