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Allies close to a contract that will lower car tariffs to 15%, while expanding US rice imports and purchases of US-made aircraft, source says
China's blue-chip index fell the most in nearly five months with Shanghai stocks down more than 1.3% and the Hang Seng also sinking over 1%
Head of the Financial Action Task Force says countries around the world must eliminate the problem of shell companies - or face greater monitoring. Countries in SE Asia seen as likely targets.
Investors and officials in other countries have been confused about the status of Trump's tariffs after a Federal Appeals Court ruled that they were could not be filed under an emergency powers bill
The Donald Trump administration is revoking Biden-era waivers granted to TSMC and South Korean chipmakers to ship critical supplies to their Chinese fabs — a move that some say is a ‘gift’ to Beijing
The collapse of a tailings dam at a mine in Zambia run by Sino Metals led to a torrent of toxic material flowing into the Kafue river, creating an environmental disaster
Delhi finalising large cuts to consumption tax on 175 products, from hybrid cars to consumer electronics to ease the likely fall in exports to the US and lift consumption, sources say
Mukesh Ambani plans to list his telecoms and digital giant Jio Platforms, valued at over $100 billion, next year; he is also branching out into AI with Meta and Google
Russia's fuel exports fell almost 20% in the first half, while smartphone and computer imports dropped 27.5% and imports of Chinese vehicles slumped 46%
Japan is seeking clarification of key issues and written confirmation of pledges made at the White House before their top trade negotiator flies to the US to seal a huge investment deal
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Southeast AsiaCan Singapore Oust Hong Kong To Be Asia’s Fintech Leader? -
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With a market cap of$240 billion, chipmaker ASML is Europe’s most valuable tech company. Its market-leading position comes from its monopoly in Extreme Ultraviolet Lithography (EUV) machines which allow chipmakers to make smaller, faster and smarter semiconductors
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PaymentsCan China Take Place of SWIFT System? Analysts Say ‘No’There is no global payment system that is strong enough to act as an alternative to SWIFT and enable Russia to evade sanctions
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MarketsChina Becomes World’s Second-Biggest Bitcoin Mining HubThe Bitcoin mining ban in China last year had collapsed its crypto markets. Despite that, the country has reemerged as a major bitcoin mining hub, according to research by the UK's University of Cambridge.
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Market InsightsHere’s How China Can Win the Tech War With USAThe Chinese government is doubling down on incentives for innovation, which it believes to be the cornerstone of its future growth and international position.
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Fintech InsightsAsia Becomes the Epicentre of Global NFTsAsia is the frontrunner in the NFTs craze with Central and Southeast Asia accounting for 35% of the $22 billion in global trade
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