Malaysian glove makers’ shares hit two-year high on US tariffs
Malaysia's rubber glove makers, like Top Glove, saw shares surge to a two-year high due to US tariff hikes on…
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US, Europe must respond to China’s industrial policies
US Treasury Secretary Janet Yellen stressed the importance of a joint US-Europe approach to tackle China's…
US Carlyle raises $2.8b in its largest Japan-focused buyout fund
US private equity giant Carlyle Group is bulking up its Japan presence with a new record-breaking fund of 430…
Egypt’s food exports hit 405K tons in 1 week – NFSA
Egypt’s food exports reached 405,000 tons in the week ended on May 14, compared to a week earlier
Chinese EVs makers seek refuge in Mexico, Brazil
Chinese EV manufacturers like BYD are increasing shipments to Mexico and Brazil due to expected tariffs and trade…
China pushes automakers for chip self-reliance by ’25
China pressures top automakers to source more chips domestically by 2025, aiming for a self-reliant supply chain…
Microsoft eyes relocation for China-based AI staff
Microsoft is relocating 700-800 China-based employees specializing in machine learning and cloud computing due to…
US, EU split on strategy for Russia’s frozen assets
The US and European nations are at odds over the handling of Russia’s frozen assets, estimated at around $300…
China vows to retaliate as Biden raises tariffs
China vows to retaliate against US after Biden announces increased tariffs on $18 billion of Chinese imports,…
US markets on hold ahead of crucial inflation data
US markets are in a holding pattern as investors brace for this week's key inflation releases.
