Won poised for rally as economic optimism eclipses virus concern
The won is set to advance as expectations of faster economic growth help the South Korean currency break out of its narrow trading range.
US urges ‘decisive’ steps by China to shift away from exports
The U.S. said China continues to focus its policies on exports, and called on its biggest economic rival to implement forceful measures to boost domestic…
US hints more pressure to come on ‘undervalued’ Taiwan dollar
The Treasury’s report on major trading partners may have spared Taiwan the currency manipulator label but it hinted that U.S. officials could exert greater pressure…
Egypt passenger train crash kills 11 people, injures 98
A passenger train derailed Sunday north of Cairo, leaving at least 11 people dead and some 98 others injured, a Health Ministry official said, the…
CNH ends talks with China’s FAW on sale of Iveco unit
The billionaire Agnelli family’s CNH Industrial NV ended talks to sell its Iveco truck and bus business to China FAW Group Co., a move that…
The (robot) pizza guy is here
New deals for Nuro and Kiwibot show the beauty of thinking small.
Bank of Thailand unfazed by US currency watchlist inclusion
The Bank of Thailand has responded to the U.S. decision to keep the nation on watch for currency manipulation by asserting it has stepped into…
Vietnam reiterates Dong policy after manipulator label dropped
Vietnam’s central bank reiterated its exchange-rate management policy was in line with other economic goals after the U.S. Treasury Department removed the nation from its…
Biden picks Evercore’s Bianchi, Senate aide for trade roles
President Joe Biden will nominate Evercore ISI policy analyst Sarah Bianchi and senior Senate aide Jayme White as deputies in the Office of the U.S.…
United Air passengers sue over terror from in-flight engine fire
Two United Airlines passengers who were on a flight when one of the plane’s engines exploded have filed lawsuits in Chicago alleging the company negligently…
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