Ringgit rebound set to ride on recovering exports, Fed rate cuts
The Malaysian ringgit is set to extend gains into the remainder of the year as exports recover and the Federal Reserve eventually pivots to interest…
CPA calls for immediate ban on imports of Russian and Iranian origin steel products
The Coalition for a Prosperous America (CPA) sent a letter to the Treasury Department on Thursday asking Secretary Janet Yellen to take immediate action to…
IMF blasts US for risky deficits, debt, trade and bank rules
The International Monetary Fund said Thursday that the US is running deficits that are too big and is weighed down by too much debt, and…
Top fertilizer maker says ‘black swan’ jolts are finally easing
The world’s biggest maker of crop nutrients said fertilizer demand is just now starting to stabilize from seismic shocks of the past few years that…
‘Summer Davos’ highlights corporate anxiety over global tariffs
Global trade tariffs were top of mind for attendees at the event known as Summer Davos in China this week, with companies rethinking their strategies…
London metal exchange mulls adding warehouse in Hong Kong
The London Metal Exchange is exploring whether to license a warehouse in Hong Kong as it seeks to strengthen services to clients in China —…
South Africa cabinet talks stall after ANC withdraws trade offer
Talks between South Africa’s two biggest political parties on forming a cabinet stalled after the African National Congress withdrew an offer to appoint a member…
China to raise duty-free limit for visitors to HK, Ming Pao says
Chinese tourists will soon be allowed more duty-free shopping in Hong Kong, with Beijing set to raise the purchasing limit by up to sixfold to…
Biden-Harris Administration announces preliminary terms with Entegris to onshore supply chain materials for leading-edge chip production
Proposed investment would support construction of a state-of-the-art manufacturing center and create over 1,100 direct jobs in Colorado Springs, Colorado
EU refines tariff rates set to hit electric vehicles from China
The European Union marginally revised its proposed tariffs on electric vehicles imported from China after receiving more information from the affected companies, according to a…
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