Global News


31 May 2020 - Hyundai Motor, Hanwha Q Cells join hands for ESS development
  1. More ​Hyundai Motor Group, South Korea's leading carmaker, said Sunday that it has joined hands with local solar cells and modules manufacturer Hanwha Q Cells to develop energy storage system (ESS) with used electric vehicle (EV) batteries, Yonhap News Agency reported
28 May 2020 - South Korea to promote open trade to overcome pandemic
  1. More ​South Korea's trade minister said yesterday the country will continue to promote open trade amid growing protectionism in the aftermath of the new Covid-19 pandemic, calling for major trade partners to join efforts to normalise the virus-hit global supply chain, the Yonhap news agency reported
21 May 2020 - Samsung Electronics builds sixth domestic contract chip-making line
  1. More ​Samsung Electronics Co Ltd has begun work on a sixth domestic contract chip production line, the company said on Thursday, to make logic chips for mobile phones and computers as it looks to cut reliance on the volatile memory chip sector
20 May 2020 - COVID-19 period offers opportunity to enhance global supply chain - Sta Maria
  1. More ​This period of uncertainty brought on by the COVID-19 pandemic should be viewed as an opportunity to strengthen the global supply chain systems which the world has relied on so much, said Asia-Pacific Economic Cooperation (APEC) Secretariat executive director Tan Sri Dr Rebecca Sta Maria
19 May 2020 - U.S. overtakes China as most attractive country for renewables investment: research
  1. More ​The United States has overtaken China as the most attractive country in the world for renewables investment and the global clean energy sector is expected to bounce back quickly despite the coronavirus pandemic, research showed
15 May 2020 - Global industrial and supply chains set to change
  1. More The novel coronavirus pandemic has not only undermined economic globalization but also dragged the global economy into the worst recession since the Great Depression. In addition, it has also intensified structural reshuffling between countries and accelerated the trend toward localization and decentralization of the global supply and industrial chains. Which would lead to restructuring of the global industrial and supply chains, including those of China and the United States, in the post-epidemic era
12 May 2020 - EU still pursuing FTAs with Asean
  1. More The EU is also looking to continuously share its input in areas such as data protection, tourism and the environment
12 May 2020 - COVID-19 poses short-term challenge to e-commerce but long-term benefit
  1. More ​The COVID-19 pandemic and lockdown are posing short-term challenges to the e-commerce sector in China, however, the sector will likely benefit in the long-term
09 May 2020 - APEC trade ministers commit to mitigating Covid-19 economic impact
  1. More ​The Asia-Pacific Economic Cooperation (APEC) ministers responsible for trade (MRTs) have issued a statement calling for APEC economies to hasten the fight against Covid-19 while undertaking the necessary steps to remedy the health and economic impact of the pandemic
07 May 2020 - Adapting to digital world a matter of survival for small businesses
  1. More ​The need for a stronger concerted effort among APEC economies and a more focused strategy for structural reforms, especially in harnessing modern digital technology to address economic challenges, has become more critical than ever amid the adverse impact of the COVID-19 pandemic
06 May 2020 - Global fab equipment spending to rebound in 2H2020, set record in 2021, SEMI says
  1. More ​Worldwide fab equipment spending for power and compound devices is expected to rebound in the second half of 2020 to meet resurgent end-product demand and jump 59% to a segment record US$6.9 billion in 2021, according to U.S.-based Semiconductor Equipment & Materials International (SEMI)
05 May 2020 - Global semicon sales up 6.9% y-o-y in 1Q2020 to US$104.6b, SIA says
  1. More ​Global sales of semiconductors rose 6.9% year-on-year in the first quarter of 2020 to US$104.6 billion, said the U.S.-based Semiconductor Industry Association (SIA)
05 May 2020 - World’s economists agree economic stimulus ought to be green
  1. More ​The world appears to have reached the limit of its tolerance for economic disruption. Even as the novel virus continues to put lives at risk, governments around the world are beginning the process of reopening. More than $7 trillion has been committed to relief efforts just in the past three months, and many more trillions will need to be injected into the global economy in the coming months to help it recover
04 May 2020 - Samsung Electronics invests over RM18b in R&D in 1Q
  1. More ​Samsung Electronics Co Ltd, the world's largest memory chip maker, said today that it spent 5.36 trillion won (RM18.75 billion) on research and development (R&D) activities in the first quarter of the year (1Q20)
28 April 2020 - Thai capital plans to reopen some businesses as coronavirus cases slow
  1. More ​Authorities in Thailand's capital plan to lift coronavirus curbs over the next few days or weeks for some businesses, ranging from restaurants and hair salons to pet groomers, a city official said on Tuesday, as the pace of new infections slows
28 April 2020 - China's April factory activity seen expanding as lockdowns ease: Reuters poll
  1. More China’s factory activity likely rose for a second straight month in April as more businesses re-opened from strict lockdowns implemented to contain the coronavirus outbreak, which has now paralysed the global economy
28 April 2020 - South Korea to invest US$896m in self-driving car technologies by 2027
  1. More ​South Korea said today it will spend some 1.1 trillion won (US$896 million or RM3.92 billion) on developing technologies for "high automation" vehicles that can lead growth in the automobile market, Yonhap News Agency reported
27 April 2020 - VW re-starts Europe's largest car factory after coronavirus shutdown
  1. More ​Volkswagen the world's largest carmaker by sales, said it had resumed work at its biggest factory in Wolfsburg, Germany, to give its workers time to adapt to new hygiene measures to combat the coronavirus
27 April 2020 - Thailand sees GDP, investment boost if joins CPTPP trade pact
  1. More Thailand could expect a boost to its economic growth, investment and exports to help offset the negative impact of the new coronavirus pandemic, if it participates in an Asia-Pacific trade agreement, the commerce ministry said
24 April 2020 - Pharma fuels unexpected jump in Singapore manufacturing in March
  1. More Singapore's factory output in March rose at its fastest pace in more than nine years, surging past expectations, as pharmaceutical manufacturing more than doubled, data showed
23 April 2020 - 2019 a solid year for hotel investment in Asia-Pacific
  1. More ​Asia-Pacific hotel investment activity picked up in the second half of last year after a sluggish 1H, says CBRE in its report titled “Marketview: Asia Pacific Hotels 2H2019”. In 2019, transaction volumes were up by 10% year-on-year, recording US$15.8 billion
21 April 2020 - Daimler, Volvo in €1.2b deal to make hydrogen batteries, says statement
  1. More ​German automobile group Daimler said today it was partnering with Sweden’s Volvo to make hydrogen batteries for trucks, as car giants accelerate a push to wean vehicles from fossil fuels
21 April 2020 - ASEAN's stimulus measures must go beyond short term — Kearney Singapore partner
  1. More ​Stimulus measures announced by several ASEAN governments were timely, but the assistance provided to the small and medium enterprises (SMEs) is limited and targeted at providing support and relief in the short term, according to panellists at a web seminar
20 April 2020 - Alibaba to invest $28 billion over three years in cloud
  1. More ​Alibaba Group Holding Ltd. will invest 200 billion yuan ($28 billion) on cloud infrastructure such as datacenters over the next three years, a major effort to extend one of its fastest-growing business segments to more countries
20 April 2020 - IMF, World Bank urge countries to keep trade open amid COVID-19 pandemic
  1. More ​IMF Chief Economist Gita Gopinath said that this is not a time to restrict the trade of medical supplies and essential equipment around the world
20 April 2020 - Global semicon equipment sales fell 7% y-o-y in 2019 to US$59.8 billion, says SEMI
  1. More ​Global semiconductor equipment sales fell 7% year-on-year in 2019 to US$59.8 billion from the all-time high of $64.5 billion in 2018, said the U.S.-based Semiconductor Equipment and Materials International (SEMI)
19 April 2020 - Japan switching manufacturing to ASEAN
  1. More ​Japanese Prime Minister Shinzo Abe recently declared a state of emergency for the coronavirus pandemic and unveiled a massive stimulus package to help the economy overcome the crisis
17 April 2020 - Developing countries unlock key industries to safeguard earnings and jobs
  1. More From Africa to Asia and Latin America, emerging countries disproportionately bruised by the Covid-19 pandemic are allowing some key industries to start back up in a bid to soften the economic blow
16 April 2020 - Vietnam could become world’s face mask factory amid Covid-19
  1. More ​Vietnam's garment industry was suffering an unprecedented crisis due to COVID-19, but the pandemic also brought significant opportunities for the country to become the world’s face mask factory, reported Vietnam News Agency
15 April 2020 - What it takes to pull companies out of China
  1. More Social media recently circulated reports about some people in Japan and the United States calling for the withdrawal of their companies from China. This is a result of misinformation getting amplified because of fears and uncertainty triggered by the global spread of the novel coronavirus
15 April 2020 - World economy working from home gets a glimpse of the virtual future
  1. More The lockdown gripping much of the world economy has spurred a real-time stress test of the long-heralded digital future
14 April 2020 - Renault shifts to all-electric cars for China
  1. More ​French automaker Renault said today that it would start building only electric vehicles for China’s huge passenger car market, dropping conventional internal combustion engines as well as its joint venture with local manufacturer Dongfeng
13 April 2020 - Digital economy growth gives push to virus fight
  1. More Internet of things, big data to spur China's investment, consumption
09 April 2020 - Vietnam approves US$7.6b tax holiday to help virus-hit businesses
  1. More ​Vietnam has approved a plan to delay the collection of 180 trillion dong (US$7.6 billion) worth of taxes and land rent to help businesses hit by the new coronavirus, which has infected 251 people in the country, the government said
09 April 2020 - Automakers push to reopen plants with testing and lots of masks
  1. More ​Global automakers reeling from the COVID-19 pandemic are accelerating efforts to restart factories from Wuhan to Maranello to Michigan, using safety protocols developed for China and U.S. ventilator production operations launched in recent weeks
09 April 2020 - Japan to Fund Firms to Shift Production Out of China
  1. More ​Japan has earmarked $2.2 billion of its record economic stimulus package to help its manufacturers shift production out of China as the coronavirus disrupts supply chains between the major trading partners
07 April 2020 - Global semicon sales up 5% y-o-y in February to US$34.5b, says SIA
  1. More ​Global sales of semiconductors rose 5% year-on-year in February to US$34.5 billion from US$32.9 billion previously, according to the U.S.-based Semiconductor Industry Association (SIA)
02 April 2020 - European industry retools to fight coronavirus
  1. More ​A multitude of 3D printers hum nonstop at Spanish firm BCN3D, which like dozens of others across Europe has switched gears to supply hospitals with equipment to fight the coronavirus
29 March 2020 - GCL System plans to build world’s biggest solar-panel plant
  1. More GCL System Integration Technology Co. plans to build the world’s biggest solar-panel manufacturing plant, with capacity to meet half of global demand
16 March 2020 - Australia mulls second stimulus package as market slumps on coronavirus, sources say
  1. More Australia is considering a second round of economic stimulus, three sources familiar with the deliberations told Reuters, as Canberra accelerated efforts to contain the spread of the coronavirus that has now killed five people in the country
16 March 2020 - Thai economic outlook among Asia’s weakest, with worse to come
  1. More ​Thailand is preparing to restrict some aspects of daily life after the country’s biggest spike in coronavirus cases, further damaging one of Asia’s weakest economic outlooks
12 March 2020 - Covid-19: Here’s how much money countries have pledged for virus relief
  1. More ​Italy, the U.K. and Australia were among the latest governments to add to a fast-rising global tally of government stimulus to counter economic damage from the 2019 novel coronavirus (Covid-19) outbreak
12 March 2020 - Australia unveils A$17.6 billion in stimulus to combat virus
  1. More ​Australia unveiled a A$17.6 billion ($11.4 billion) fiscal stimulus plan to buttress the economy from the coronavirus outbreak that threatens to tip the nation into its first recession since 1991
11 March 2020 - Washington considers actions to bolster U.S. economy as coronavirus cases mount
  1. More ​As U.S. coronavirus cases rose steadily, the White House and Congress negotiated measures on Tuesday to bolster the U.S. economy and Americans’ paychecks against the outbreak’s impact, although there was no immediate sign of a deal
11 March 2020 - Coronavirus piles pressure on Europe's stricken auto industry
  1. More Europe's major car and parts makers rushed to close factories and cut output in Italy and considered sending workers home elsewhere, in the first signs that the 2019 novel coronavirus (Covid-19) is disrupting the region's struggling automotive industry
11 March 2020 - Indonesia announces tax relief for manufacturing during virus outbreak
  1. More Manufacturing companies in Indonesia will not have to pay out income tax for their workers for six months, under measures to support Southeast Asia's biggest economy during the coronavirus outbreak, ministers said
11 March 2020 - China to let key industries resume work in Wuhan, epicentre of virus outbreak
  1. More ​Key industries in the central Chinese city of Wuhan, epicentre of the coronavirus outbreak that has claimed more than 4,000 lives to date, will resume work, the provincial government of Hubei province said in a notice
11 March 2020 - Warning bells sound for U.S. economy as virus squeezes ports
  1. More ​Accustomed to running at full speed this time of year, George Powers has watched as a shipping slowdown tied to the coronavirus sidelines more than half his warehouse workers at the usually bustling Port of Savannah on the U.S. East Coast
06 March 2020 - Coronavirus could cut global growth by 0.1% to 0.4%, ADB says
  1. More The Asian Development Bank (ADB) said the coronavirus outbreak is set to trim economic growth in developing Asia and around the world this year
05 March 2020 - Singapore pushes to win over virus-disrupted supply chains
  1. More ​Singapore sees opportunities to win investments from companies whose supply chains have been disrupted by the coronavirus outbreak, according to Trade and Industry Minister Chan Chun Sing
04 March 2020 - Singapore on track to roll out 5G
  1. More ​The Infocomm Media Development Authority intends to award 5G spectrum by mid-2020 after earlier receiving three submissions from Singtel, TPG as well as a joint submission from StarHub and M1, Minister for Communications and Information S. Iswaran said in parliament
04 March 2020 - Indonesia plans new stimulus package to shore up economy
  1. More Central bank is countering impact of virus outbreak
03 March 2020 - Asean manufacturing conditions improve in nine months – IHS Markit
  1. More ​Operating conditions in the Asean manufacturing sector improved for the first time since May last year in February, albeit fractionally, according to latest IHS Markit purchasing managers’ index (PMI) data
03 March 2020 - IMF, World Bank say ready to address economic challenges of coronavirus
  1. More ​The International Monetary Fund and the World Bank said they stood ready to help member countries address the human and economic challenges of the fast-spreading coronavirus outbreak, including through emergency funding
03 March 2020 - China's Geely invests US$326m to build satellites for autonomous cars
  1. More ​China's Zhejiang Geely Holding Group said on Tuesday it was investing 2.27 billion yuan (US$326 million) in a new satellite manufacturing plant, where it plans to build low-orbit satellites to provide more accurate data for self-driving cars
14 February 2020 - Britain beyond Brexit, PM Boris Johnson reshapes government
  1. More Prime Minister Boris Johnson will reshape his government on Thursday, appointing a team he hopes will deliver his vision for Britain beyond Brexit and heal the divisions both in his Conservative Party and the country
14 February 2020 - Coronavirus seen shaving 0.2 percentage points off Japan's 2020 GDP growth: Reuters poll
  1. More The coronavirus epidemic is expected to shave up to 0.2 percentage points off Japan’s economic growth this year as it hits exports, factory output and tourism, a Reuters poll of analysts showed
13 February 2020 - Nestle pushes back growth target after solid 2019
  1. More ​Food giant Nestle expects growth to accelerate over the next two years towards its mid-single digit organic growth target, initially set for 2020, after it hit a four-year high at 3.5% and profitability improved in 2019
13 February 2020 - Hyundai bet big on China. Now coronavirus is twisting its supply chain
  1. More ​South Korean car giant Hyundai Motor has increasingly relied on China to supply auto parts to its manufacturing hub at home in recent years. As the coronavirus spreads, its strategy could be backfiring
13 February 2020 - Employees in these 3 countries are most optimistic about their careers
  1. More ​Employees in India, Indonesia and China are more hopeful about their career prospects than workers in any other major economy, according to a new study from LinkedIn
13 February 2020 - Big Oil warned White House China trade deal was unrealistic
  1. More ​Industry leaders privately warned the Trump administration that the US will struggle to produce the oil, gas and other energy products that China has committed to buy in a new trade deal, raising additional questions about one of the president’s signature economic achievements
07 February 2020 - Japanese manufacturers linked to China suffer disruption
  1. More ​Export and import activities of Japanese manufacturing companies that are linked to China have been disrupted due to the limited production as a result of the novel coronavirus outbreak in Wuhan, Hubei Province
07 February 2020 - Dozens of Asia trade fairs, conferences postponed amid coronavirus fears
  1. More More than two dozen large trade fairs and industry conferences in Asia have been postponed because of the spread of the China coronavirus, shuttering events where billions of dollars worth of deals have been signed in the past
07 February 2020 - Japan's 4Q GDP expected to post largest decline since 2014 Reuters
  1. More Japan's economy likely shrank at the fastest pace since 2014 in the December quarter as a sales tax hike and a typhoon dented consumer spending and sluggish exports hit capital expenditure, a Reuters poll showed
07 February 2020 - DBS cuts Singapore's 2020 growth forecast to 0.9% due to Wuhan virus impact
  1. More ​Singapore's biggest bank DBS on Friday downgraded its forecast for the city-state's 2020 growth rate to 0.9% from 1.4% previously, citing an expected economic hit from the new coronavirus epidemic which has spread to the city-state
07 February 2020 - German industry output suffers biggest slump since 2009 Reuters
  1. More ​German industrial output registered its biggest drop in more than a decade in December, highlighting the weakness of the manufacturing sector that is dragging on overall growth in Europe's largest economy
05 February 2020 - Indonesia govt seeks parliament approval for corporate tax cut, other tax changes Reuters
  1. More ​The Indonesian government has submitted a sweeping tax bill to parliament that proposes corporate tax cuts and seeks to make internet giants pay more taxes, Finance Minister Sri Mulyani Indrawati said
04 February 2020 - Mitsui CFO: China virus outbreak may slow manufacturing activities of autos and others
  1. More ​Japanese trading house Mitsui & Co Ltd sees China’s outbreak of a new coronavirus may slow manufacturing activities in automobile and other sectors, and possibly reduce steel product demand, the company’s executive said
04 February 2020 - Thai developer invests $1bn to put Myanmar industry on global map
  1. More Amata aims to woo foreign manufacturers with modern industrial zone in Yangon
04 February 2020 - Panasonic in a jam as Tesla taps new battery supplies in China
  1. More EV batteries one of the few bright spots for the Japanese electronics maker
03 February 2020 - Germany ran world's largest current account surplus in 2019 - Ifo
  1. More ​Germany’s current account surplus remained the world’s largest last year despite trade tensions, the Ifo economic institute will say on Monday, in an estimate likely to renew criticism of Chancellor Angela Merkel’s fiscal policies
03 February 2020 - Rare earths producer Lynas' Kalgoorlie plant given special status
  1. More ​Rare earths producer Lynas Corp said on Monday the Australian government recognised its Kalgoorlie processing plant as a key project for the country and will support regulatory approvals
03 February 2020 - Toyota-Panasonic venture to start EV battery development in April
  1. More ​Toyota Motor Corp and Panasonic Corp have agreed to set up a joint venture that will begin developing electric vehicle (EV) batteries from April, as the Japanese companies gear up for an expected surge in demand
03 February 2020 - Nissan’s Brexit Scenarios Include Closing European Plants: FT
  1. More Japanese automaker Nissan Motor Co has drafted a contingency plan to focus on its Sunderland plant in the U.K. and cut European production if a hard Brexit leads to tariffs on car imports from the continent, the Financial Times reported, citing two people involved in the discussions
03 February 2020 - The Perfect Storm of Economic Risks on Hong Kong’s Horizon
  1. More ​The hits just keep coming for Hong Kong
31 January 2020 - Through the Brexit looking glass: What changes and what stays the same?
  1. More Brexit is the United Kingdom's biggest geopolitical move in decades. What will change and what will stay the same when Britain officially leaves the European Union on Friday at 2300 GMT?
31 January 2020 - China to boost stimulus measures as virus hammers economy
  1. More China is expected to unveil efforts to cushion the economic blow from coronavirus, with the central bank set to keep liquidity ample and the government likely to step up spending
30 January 2020 - Virus impact: Starbucks shuts stores, Toyota halts production
  1. More Starbucks Corp has closed more than half of its coffee shops in mainland China - about 2,000 of them - and Toyota Motor Corp is halting production in the country as global corporations grapple with a SARS-like coronavirus that has killed more than 130 people and is threatening a key growth market
29 January 2020 - Five technology trends to watch in 2020
  1. More The world of technology isn’t a place that can be defined by a single storyline, says Sandberg
28 January 2020 - Pegatron to open Indonesia and Vietnam plants as China costs rise
  1. More Chairman says mainland lost its competitive edge five years ago
28 January 2020 - Japan warns about risks to economy from China virus outbreak
  1. More Japanese Economy Minister Yasutoshi Nishimura on Tuesday warned that corporate profits and factory production might take a hit from the coronavirus outbreak in China that has rattled global markets and chilled confidence
24 January 2020 - Intel signals 2020 will be a turnaround year for chip industry leader
  1. More ​Intel Corp on Thursday cemented the market view that the chip industry is turning around after a prolonged slowdown, forecasting better 2020 revenue and profit than Wall Street anticipated, driven by cloud computing demand
24 January 2020 - Southern Thailand to have special economic zone
  1. More ​The government has approved a proposal to develop a special economic zone (SEZ) in southern Thailand Songkhla’s Chana district with a budget of almost 19 billion baht
23 January 2020 - EU will respond in kind to new U.S. tariffs — German ambassador to U.S.
  1. More The European Union is as strong economically as the United States, and will respond to any additional U.S. tariffs with duties of its own on U.S. products, Germany's ambassador to the United States, Emily Haber, said on Wednesday
23 January 2020 - Philippines GDP grows 6.4% in 4Q, falls short of 2019 target
  1. More ​Philippine economic growth accelerated further in the fourth quarter after the government boosted infrastructure spending
22 January 2020 - IMF trims global growth estimates 2020-21 but sees improving outlook
  1. More Easing US-China trade tensions have lessened uncertainty and the world economy may have hit bottom but a sharp slowdown in India is creating a drag worldwide, the International Monetary Fund said
21 January 2020 - Taiwan outperforms other Asian tigers to notch 2.7% growth in 2019
  1. More Island benefits from trade war as companies move production home
21 January 2020 - Singapore leaps up the rankings in Bloomberg’s innovation index
  1. More ​Singapore leaped three spots to reclaim its No. 3 rank in the 2020 Bloomberg Innovation Index, while economies across Asia Pacific showed a mixed picture of progress
20 January 2020 - Subaru plans to electrify all vehicles sold worldwide by first half of 2030s
  1. More ​Japan’s Subaru Corp on Monday said it plans to electrify all its vehicles sold globally by the first half of the 2030s as part of its long-term goal to achieve a carbon-free society
20 January 2020 - Qatar to build solar power plant with Total and Marubeni
  1. More Qatar has signed an agreement with France's Total and Japan's Marubeni to build a solar power project with capacity of about 800 megawatts (MW), Qatar's energy minister said
20 January 2020 - Auto industry cautious about China's sluggish market at start of decade
  1. More China's auto market is likely to shrink for the third year in a row in 2020, the country's top auto body is expected to say on Monday, but industry watchers are cautiously hoping a sales recovery in lower-tier cities ease the pace of decline
19 January 2020 - Fanuc offers small manufacturers robots without the fuss
  1. More App-controlled devices lower the bar for adopting industrial automation
17 January 2020 - UK and EU signed up to end-of-year trade deal deadline — UK PM's spokesman
  1. More Britain and the European union have both signed up to a deadline of the end of this year to conclude trade talks, a spokesman for British Prime Minister Boris Johnson said on Thursday after EU trade commissioner Phil Hogan issued a warning
17 January 2020 - Volkswagen to buy 20% of Chinese battery maker Guoxuan amid electric push -sources
  1. More Volkswagen AG is set to take a 20% stake in Chinese electric vehicle battery maker Guoxuan High-tech Co Ltd, two sources told Reuters, as the German firm accelerates its electric push into the world's largest auto market
17 January 2020 - Alphabet Joins Apple and Microsoft in the $1 Trillion Club
  1. More Alphabet Inc. hit a milestone on Thursday, as a rally in the stock took it above a $1 trillion valuation for the first time, solidifying the dominance of technology and internet stocks as the biggest titans of Wall Street
17 January 2020 - IPhone Manufacturer Wades Into Electric Cars With Fiat Venture
  1. More ​Hon Hai Precision Industry Co., the iPhone assembler that’s part of Foxconn Technology Group, plans to establish a joint venture with Fiat Chrysler Automobiles NV to develop and make electric vehicles in China
16 January 2020 - Asia’s chocolate craving seen driving boom in cocoa processing
  1. More ​Asian demand for chocolate is driving a surge in the region’s cocoa grindings, at a time when processing is easing elsewhere
16 January 2020 - Tesla in talks to buy Glencore cobalt for Shanghai car plant
  1. More ​Glencore Plc is negotiating a long-term contract to ship cobalt to Tesla Inc’s new electric-vehicle factory in Shanghai, according to people familiar with the matter
15 January 2020 - Analysis: Tough 2019 brings out China's resilience in foreign trade
  1. More ​By posting a 3.4% growth rate and a total foreign trade volume of 31.54 trillion yuan (about 4.6 trillion U.S. dollars), China has shown its tenacity and is expected to remain the world's biggest trading country in 2019
15 January 2020 - U.S. to maintain tariffs on Chinese goods until Phase 2 deal -Mnuchin
  1. More ​The United States will maintain tariffs on Chinese goods until the completion of a second phase of a U.S.-China trade agreement, U.S. Treasury Secretary Steven Mnuchin said on Tuesday, a day before the two sides are to sign an interim deal

Tags: global news

Cross Border News

Economy News

Last Updated : Thursday 21st May 2020