U.S. and China agree to 90-day tariff truce
The United States and China announced on Monday a significant breakthrough in their ongoing trade dispute, agreeing to temporarily slash the steep tariffs each country [more…]
Category: Investing & Markets
World Bank trims Asia growth outlook
The World Bank has sharply downgraded its economic growth projections for the Philippines, forecasting that the country’s gross domestic product (GDP) will expand by just [more…]
Corporate moves abroad drive dip in Korea’s FX deposits
Foreign currency deposits in South Korea continued to slip for the second month in a row this March, with companies pulling funds for overseas investments [more…]
Russia hikes alcohol taxes to fund war
In January 2025, Russia implemented a 15% increase in excise taxes on alcohol, a move widely interpreted as a strategy to bolster state revenues amid [more…]
Russia expands fuel trade with Indonesia amid global market shifts
Russia has significantly increased its exports of oil products to Indonesia in early 2025, marking a strategic pivot to expand markets in Asia following Western [more…]
Trade tensions rise over U.S. copper tariff threat
The United States’ recent investigation into copper imports from Chile, Canada, and Peru has ignited significant concern among its closest trading partners. The probe, launched [more…]
Argentina’s IMF deal ushers in new era of foreign exchange (FX) policy
Argentina has embarked on a dramatic economic shift after finalizing a $20 billion Extended Fund Facility (EFF) agreement with the International Monetary Fund (IMF), marking [more…]
JD.com commits $27B to boost China exporter sales
JD.com, one of China’s leading e-commerce giants, has announced a groundbreaking initiative to support Chinese exporters amid escalating trade tensions with the United States. The [more…]
Global markets recoil as trade tensions deepen, recession fears intensify
Global markets were thrown into disarray Monday morning as deepening U.S.-China trade tensions sparked a sweeping selloff across Asia and beyond. President Donald Trump’s unwavering [more…]
Klarna pushes ahead with US IPO amid market uncertainty
Your support powers our stories Swedish fintech giant Klarna is forging ahead with its plans to go public in the United States, undeterred by volatile [more…]