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economy

UPDATE: USA is losing patience in trade talks with China
06 May 2019 This would affect 5,745 products imported from China, including 55 plastics end products under the HS code heading of 39.
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06 May 2019

economy

PBOC to cut reserve requirement for commercial banks as trade tension escalated

Analysts commented that the RRR reduction is very much expected and it showed that China Central Bank is fully prepared.
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03 May 2019

economy

USA mulls over more sanctions on Iran, including petrochemical

The USA government is aiming to deprive Iran’s sales of petrochemical products to Singapore and its sales of consumer goods to Afghanista.n
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17 Apr 2019

economy

China’s economy maintained steady growth rate in Q1

Though the growth is below 2018’s full year rate of 6.6 percent, analysts believed this is an early sign of a recovery.
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17 Apr 2019

economy

Saudi Aramco eyes 25% stake in Reliance refining and petchem business

The company has been actively expanding its footprint in the petrochemical sector.
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05 Apr 2019

economy

Media: USA and China aim to reach trade deal in four weeks

Many pessimistic analysts believed that the two countries might take months to achieve the deals.
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28 Mar 2019

economy

Saudi Aramco reaches deals to acquire major stake in Sabic

The transaction is worth USD 69.1 billion but it is subjected to closing conditions and regulatory approvals.
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21 Mar 2019

economy

USA may keep tariffs on Chinese goods even after trade deal

It seems USA is more willing to roll back at least some of the 10% tariffs on $200 billion Chinese goods that took effect in September.
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