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Industry & Trade
Japan exports surge 7.3% in March
Japan's exports rose 7.3 per cent year-on-year in March, marking the fourth consecutive month of growth.
Japan narrows trade deficit to $38b in March
Japan recorded a trade deficit for the third consecutive year ending in March stood at 5.89 trillion yen ($38…
Honda unveils new EV brand in China by ’27
Honda Motor outlined an ambitious plan to launch six next-generation EVs under the new "Ye" brand by 2027 in China,…
Tesla global job cuts reach US, China
Tesla confirmed a major global workforce reduction, impacting employees in sales, technology, and engineering…
Egypt’s commodity exports rise by 5.3% in Q1
Egypt’s commodity exports recorded a 5.3 per cent growth during the first quarter of 2024, reaching $9.612 billion…
China disguising imported Russian copper as scrap to avoid sanctions
Russian Copper Company (RCC) and Chinese firms are suspected of evading taxes and bypassing Western sanctions by…
US awards Samsung $6.4b chips grant for Texas project
The Biden administration will award $6.4 billion in grants to South Korea’s Samsung to expand chip production in…
US urges China to revise policies impacting new industries
US Treasury Secretary Janet Yellen warned China that the US will not tolerate new industries being harmed by…
China’s Shanxi aims to produce 1.3b coal tons in ’24
Shanxi Province in North China, a major coal producer, aims to reach a coal output of approximately 1.3 billion…
Samsung Elec. initiates $330m block sale of shares
Samsung Electronics offered about 5.25 million of its shares in a block deal valued at up to $330 million.