Romelda Ascutia
IMF: impact of higher tariffs evident in both US, China
The International Monetary Fund
(IMF) said the higher tariffs arising from the U.S.-China trade tensions already
have evident trade impact on both countries and...
ID, SG revise growth forecasts amid subdued export projections
The Indonesian central bank and Singapore’s trade ministry have revised estimates of their respective countries’ economic growth in 2019.
US considers penalties for currency undervaluation
The U.S.
Department of Commerce has announced a proposal to levy countervailing duties
on countries that undervalue their currency against the U.S. dollar in...
APEC growth to slow in 2019-20 as trade conflicts mount
Growth in the Asia-Pacific Economic
Cooperation (APEC) region is expected to moderate to 3.8% in 2019, down from
4.1% in 2018, as trade tensions...
Trade growth to remain weak in Q2, WTOI shows
World trade growth is likely to remain weak into the second quarter of 2019, as shown by the latest World Trade Outlook...
Vietnam posts trade growth in March and Q1
Vietnam’s total external merchandise turnovers in March and in the first quarter of 2019 both recorded increases, boosting the surplus in its...
US announces addition of Huawei to blacklisted firms
The U.S.
Department of Commerce announced that it will be adding Chinese telecom company
Huawei Technologies Co. Ltd. and its affiliates to its “Entity...
Trump bans foreign telecom gear posing US security risk
U.S. President Donald Trump has signed an executive order banning the use by American firms of telecommunications equipment made my foreign companies...
Report warns of ‘unprecedented’ rate of species extinction due to human...
Around 1
million animal and plant species are now threatened with extinction, many
within decades, as a direct result of human
activity, constituting a direct...
US poised to slap tariffs on another $300B of Chinese imports
The Office of the United States Trade Representative (USTR) has
issued a proposal to impose additional tariffs on a new set of Chinese...