US trade deficit swelled to biggest since 2008 in July
The U.S. trade deficit swelled to the widest in 12 years in July, with the surplus on services plunging to the lowest since 2012, pointing…
China affirms right to approve tech deals as TikTok sale looms
China emphasized its right Thursday to approve or block the sale of technology abroad, confirming it will play a critical role in the sale of…
Indian cotton group wrestles with US over who gives better forecasts
Grumblings from an Indian cotton industry group have been growing louder against the U.S. Department of Agriculture over who is the more accurate forecaster for…
Trump will seek to make top aide first American to lead OECD
President Donald Trump plans to nominate a top aide to lead the Organization for Economic Cooperation and Development, seeking to make him the first American…
Decoupling with US would cut China’s growth to 3.5%, says study
The worsening conflict between China and the U.S. has damaged bilateral trade, but a complete decoupling between the two largest global economies would be even…
US tech bans, pandemic no match for Asia’s electronics rebound
The electronics sector has found a way to thrive amid the global pandemic, with 5G demand helping the industry remain a rare catalyst for Asian…
China can easily cut off more of Australia’s commodities exports
Australia, the most China-reliant economy in the world, is bracing for further disruptions to its commodities sector amid tensions with Beijing that’ve already jolted beef,…
White House poised to set boundaries of WeChat, TikTok crackdown
The Trump administration is debating the scope and effective date of its bans on Chinese social media apps WeChat and TikTok and will make its…
Pompeo imposes new limits on Chinese diplomats as tensions rise
Chinese diplomats in the U.S. face new limits on travel and meetings in the U.S., Secretary of State Michael Pompeo said, as the Trump administration…
New collaboration between Novartis and Africa Medical Supplies Platform to facilitate supply of COVID-19 related medicines
The collaboration aims to help alleviate supply and logistical constraints in the African Union member states; Portfolio of 15 generic and over-the-counter (OTC) medicines from…
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