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economy

UPDATE: USA delays imposing new tariffs on some Chinese goods
14 Aug 2019 The move is partially to release companies that have already locked the orders for the year-end holiday season from the impact of the new tariffs.
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12 Aug 2019

economy

UPDATE: Saudi Aramco reached agreement to acquire stake at India’s Reliance

The deal, however, still subjects to due diligence and a definitive agreement.
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02 Aug 2019

economy

USA ended trade truce with China, imposing new tariffs on remaining Chinese imports

China will no longer give priority to controlling the trade war scale.
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01 Aug 2019

economy

FED cut key interest rate while signalling no further adjustment for 2019

The Fed emphasised that the cut is merely a mid-cycle adjustment.
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01 Jul 2019

economy

UPDATE – USA and China to resumed trade talks following meeting in G-20

It is understood that China also agreed to purchase more agricultural products from the USA.
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20 Jun 2019

economy

FED kept interest rate steady but signal possible cuts moving forward

However, the central bank also said that it might consider cutting the interest rate if the economic outlook remains clouded.
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11 Jun 2019

economy

Vietnam alleged Chinese companies of trade-related misbehavior

Vietnam has pledged to increase penalties on trade related fraud for concerns that the country might face tariffs themselves.
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10 Jun 2019

economy

USA imposed sanctions on Iran’s largest petchem producer

PGPIC group holds 40% of Iran’s total petrochemical production output and responsible for 50% of the country’s total export for this group of products.
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