German exports saw record slump with French demand collapsing
German exports plunged at a record pace in April when economies around the world shut down to contain the coronavirus.
Coronavirus may cost Africa $4.8 billion in crop exports
The coronavirus pandemic could cost Africa as much as $4.8 billion in lost agricultural exports and affect the livelihoods of 10 million farmers, McKinsey &…
Gold imports by India tumble for a second month on lockdown
Gold imports by India slumped by about 99% for a second straight month in May, disrupted by restrictions to control the coronavirus outbreak in the…
TSMC scores subsidies and picks site for $12 billion US plant
Taiwan Semiconductor Manufacturing Co. has secured government subsidies for its envisioned $12 billion chip plant in Arizona, moving closer toward finalizing a facility designed to…
Hong Kong’s leader wants more financial integration with China
Hong Kong’s leader said she told Chinese officials the city should be transformed into a global hub for private wealth and a more prominent offshore…
Economic nationalism is a wrong turn for Covid-hit India
Modi gives voice to a “buy local” campaign to counter pandemic crisis and border tensions with China.
China’s swipe at Australian barley sparks quest for new markets
Australia’s farmers are on a mission to find fresh buyers for their barley, and are targeting bigger exports this year even after the country’s top…
World Bank sees EM economies shrinking for first time since 1960
The global economy will contract the most since World War II this year and emerging nations’ output will shrink for the first time in at…
Sweden’s Government Steps Up Efforts to Vet Foreign Takeovers
Sweden is stepping up efforts to shield its critical businesses from foreign takeovers at a time of economic weakness due to the Covid-19 pandemic.
German Industrial Slump Hits Bottom With Record Output Drop
German industrial production took a record-hit in April, before a gradual easing of lockdown restrictions set off an ever-so-slow recovery.
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