Benchmark iron ore futures in China surged nearly 7% on Monday following India’s move to raise export duties on some commodities in an attempt to curb inflationary …
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Biden says weighs reducing tariffs on China, asking OPEC to pump more oil
U.S. President Joe Biden said he was weighing cutting tariffs on Chinese goods while increasing calls on OPEC to raise oil production as he grappled with …
Biden says he’s considering lifting import tariffs on Chinese goods that were imposed by Trump
US President Joe Biden said in a Toyko press conference that US tariffs on Chinese goods imposed by Trump were “under consideration.” …
Biden Says He’ll Review Trump’s China Tariffs, Fueling Yuan Rally
US President Joe Biden said he’ll review Trump-era tariffs imposed on imports from China amid growing calls from businesses to remove the levies, fueling a rally in the offshore yuan.Most Read from …
Asian Markets Rise As Biden ‘Considers’ Lifting China Tariffs
Asian stocks rose Monday after US President Joe Biden said he was considering lifting some Trump-era trade tariffs imposed on China, although concerns over inflation and growth weighed on sentiment.
Bitcoin mining: Despite the crackdown, China is back as the second-largest miner
China’s commitment to preventing Bitcoin miners from running operations in the country seems to be wavering. In an update to the Cambridge Bitcoin Electricity Consumption Index (CBECI), the …
China Snaps Up Russia’s Far East Oil Even as Covid Saps Demand
China is boosting imports of Russian ESPO crude from the Far East, with some barrels possibly flowing into onshore storage as a Covid-19 resurgence clouds the nation’s demand outlook.Most Read from …
EMERGING MARKETS-Asian FX edges higher as dollar weakens on China growth hopes
Asian currencies overcame early market pressure to edge higher against a tepid U.S. dollar on Monday, while the Singaporean dollar rose to a 2-1/2-week high after data showed the city-state witnessed …
China bill yields slump as lenders ‘window dress’ loan books
SHANGHAI (Reuters) -Slowing economic growth in China and anaemic demand for loans have sparked heavy buying of low-risk short-term financial instruments by lenders, pushing yields near zero, as banks …
Explained: Quad’s plan to check China’s illegal fishing and the role India will play
Prime Minister Narendra Modi arrived in Tokyo early Monday to attend the second in-person Quadrilateral Security Alliance (Quad) leaders’ summit. High on the agenda of Quad nations – Australia, India, …
UN human rights chief to begin contentious China visit
The UN human rights chief was Monday due to begin a six-day trip to China that takes in the remote Xinjiang region, stirring fears over access and the propaganda value the visit offers to the…
China iron ore futures jump nearly 7% after India hikes export duties
Benchmark iron ore futures in China rose about 7% in early trade on Monday, tracking their biggest daily jump in two-and-a-half months, after India increased export duties on some commodities to rein …
China Aluminium Imports Fell 73.1% YoY in April, While Exports Surged 640%
According to customs statistics, China’s import volume of primary aluminium was 34,877 mt in April 2022, a year-on-year decrease of 77.6% and a month-on-month decrease of 11.3%. The cumulative import …
