Sri Lanka is preparing to renegotiate all four of its existing free trade agreements (FTAs), including the India-Sri Lanka Free Trade Agreement, in an effort to secure terms that are more favourable
Japan’s new Prime Minister Sanae Takaichi is preparing a major purchase package that includes U.S. pickup trucks, soybeans, and liquefied natural gas, to present to President Donald Trump during trade and security
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A simmering rivalry between Wall Street’s biggest banks and the fast-growing private credit industry boiled over this week after a pair of credit market blowups triggered public sparring between JPMorgan Chase &
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Kelly Zong, chairwoman of Hangzhou Wahaha Group Co. and daughter of the late beverage tycoon Zong Qinghou, is seeking to appeal two Hong Kong court orders restricting her access to $1.8 billion
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Editor’s Note: The following article is based on L. Alan Winters’ essay “Asia and ‘Reciprocal Tariffs’: Is Regionalism the Antidote?”, published by the National Bureau of Asian Research in partnership with the
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The world economy is on a recessionary path, with global growth projected to decelerate to 2.3% in 2025, according to the latest report from the UN Conference on Trade and Development (UNCTAD).
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Copper waiting to leave warehouses has reached its highest level since 2021, as traders move to deliver the metal to the U.S. ahead of impending tariffs, according to data from the London
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Ever since Trump assumed office for his second term a few weeks ago, he has spoken about imposing tariffs on various countries more than any other subject. Trump appears to believe that
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After years of criticizing former President Donald Trump’s tariffs for harming U.S. businesses and consumers, the Biden U.S. administration is now following the same misguided path. Despite widespread opposition, the U.S. government
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by Xinhua writer Xiong Maoling The U.S. government’s decision to hike tariffs on Chinese-made products, including electric vehicle batteries, critical minerals, steel, and aluminum, has met with wide opposition and disappointment from
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The Russian Embassy in Sri Lanka has expressed frustration over the prolonged delay of a vital consignment of Russian potash fertilizers intended for Sri Lanka, blaming Western authorities for holding the shipment
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