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The United States impose 25% tariff on import of "certain advanced chips" 01/16/2026

Tariffs as Leverage: How Trump Turned Greenland Into a Flashpoint for Trade, Power, and Alliance Politics 01/18/2026

Bondholders sue Oracle for devaluation 01/16/2026

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Economics

Japan's May Retail Sales Grows For The 3rd Straight Month

With Japanese households expending more, there was surge in retail sales in the country in May that beat analysts’ expectations. However, Covid-19-linked pressures continued to put pressure on the underlying trends in consumption which again suggested that the complete recovery of the third largest...

More Firms In Singapore Move Online As Covid Upend Their Physical Business

The disruption to the brick-and-mortar operations of companies of Singapore caused by the covid-19 pandemic is forcing more companies from the city state to move their business online to adapt to the new trend of online shopping. The pandemic even forced a rethink of their business...

Australia initiates WTO dispute with China over wine duties

Australia asked the World Trade Organisation (WTO) to start consultations with China over China's anti-dumping duties on Australian bottled wine, the WTO press office said. As explained, Australia argues that the measures are incompatible with various provisions of the WTO Anti-Dumping Agreement,...

Chinese Ban On Crypto Mining Forces Some Bitcoin Miners To Flee Or Sell Out, Says Reports

The cryptocurrency mining industry of China accounts for more than half of global bitcoin production which has been virtually paralysed because of the sweeping ban on cryptocurrency mining by Chinese authorities. According to reports, Chinese cryptocurrency miners are dumping their...

Refinitiv Data Shows Decade-High Growth In Capex To Me Made By Global Companies In 2021

After being subdued for the last few years and with companies recovering from the Covid-19 pandemic, it is expected that there would be a surge in their expansion plans of companies this year. Companies are also expected to register higher profits and cash flows which will also prompt greater...

Tighter Rules On Foreign Owners Of Stake In Japanese Firms Being Considered By Government: Reports

Regulations on foreign investment funds that have stakes in domestic Japanese companies that have important technologies in the critical fields such as the nuclear industry and defence will likely be tightened by the Japanese government, claimed a report published in the Japanese newspaper Yomiuri...

Bitcoin Drops Below $30,000 With Expansion Of Chinese Crackdown On Crypto

Following a deeper and expanded crackdown on cryptocurrencies by China’s central bank, the value of bitcoin dropped below $30,000 for the first time since January. Bitcoin, the largest cryptocurrency of the world slumped to $29,332 which was the lowest for the value since January 27 as the...

Australia to complain to WTO over China's tariffs

Australia will file a complaint with the World Trade Organisation (WTO) to launch a dispute resolution process with China over its imposition of anti-dumping duties on Australian wine, Australian Trade Minister Dan Tehan said. "Australia will protect the interests of Australian wine producers by...

New Scheme For Fighting Climate Change Announced By BOJ While Retaining Steady Policy

In a surprising move, the Bank of Japan unveiled a plan aimed at boosting the funding for fighting climate change. This move underscores the importance that central banks accord to the issue of climate change. While also maintaining its huge stimulus to supporting Japan’s economic recovery...

US Fed gets ready for high inflation

The US Federal Reserve (Fed) left its key rate at 0-0.25% p.a. at the end of the June meeting. The regulator also refrained from any changes to asset purchases, but pointed to lower pandemic-related risks due to the spread of vaccination. The US Federal Open Market Committee again refrained from...