SOUTHEAST ASIA — US President Donald Trump’s sweeping tariffs on global trade have officially come into effect — and beyond…
Author: Edith Austen
China’s Yuan Sinks to 19-Month Low Amid Escalating US Trade War
HONG KONG: China’s yuan fell to a new 19-month low against the US dollar today, after its offshore counterpart hit…
UK Dodges Harshest US Tariffs Post-Brexit — But No Time for Celebration
LONDON: More than four years after officially leaving the European Union, the United Kingdom has managed to avoid the brunt…
China to Impose Additional 34% Tariff on All U.S. Imports Starting April 10
BEIJING, April 4 — China will impose an additional 34% tariff on all products imported from the United States beginning…
Temu’s Chinese Owner Anticipates Slower Revenue Growth
BEIJING: Chinese e-commerce giant PDD Holdings announced today slower revenue growth for the third quarter running, as the Temu owner…
Nvidia-Backed CoreWeave Targets Up to $32 Billion Valuation in U.S. IPO
March 20, 2025 – CoreWeave, a cloud services provider backed by Nvidia, is aiming for a valuation of up to…
UK Watchdog Fines London Metal Exchange Over 2022 Nickel Crisis Handling
LONDON, March 20 – The Financial Conduct Authority (FCA), Britain’s financial regulator, has fined the London Metal Exchange (LME) for…
UK Unemployment Rate Holds at 4.4% as BoE Expected to Maintain Interest Rate
Britain’s unemployment rate remained steady at 4.4% in the three months to January, according to data from the Office for…
US Demands Stricter Oversight as Boeing Struggles to Rebuild Public Trust
SEATTLE: US aircraft manufacturer Boeing has lost its way and the trust of the American people following a January 2024…
Vietnam approves over US$88bil rail link project to connect with China
HANOI — The Vietnamese parliament has now approved a railway project worth over US$8 billion that will connect its northern…