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Is China Dodging US Tariffs? Direct Exports To America Plunge 43% As Vietnam And Indonesia See Big Spurts: Report
Tuesday, July 8, 2025 - 4:39am | 597China’s exports to the United States have plunged over 43% year-over-year in May, representing a $15 billion drop in trade value, yet at the same time, China’s total exports have increased 4.8%, according to official figures, despite the trade and tariff-related turbulence. What...
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Malaysia Refuses To Pick Sides In US-China Tech War, Vows To Work With Both: 'We Choose What Is Best...'
Wednesday, May 28, 2025 - 8:29am | 641Malaysia has made it clear that it will not be picking sides in the ongoing tech war between the U.S. and China. The country’s Minister of Home Affairs, Saifuddin Nasution bin Ismail, emphasized that Malaysia will continue to work with both superpowers. What Happened: Saifuddin, speaking at...
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Opportunities For Tariff Rate Arbitrage Under Trump Remain Open, But Asian Countries 'Are Going To Come Under Pressure,' Says Analyst
Monday, December 30, 2024 - 8:14am | 517As the Trump administration prepares to take office, analysts are identifying potential opportunities for tariff rate arbitrage. This comes amid expectations of increased tariffs on Chinese imports, which could have significant implications for global trade dynamics. What Happened: Evan Feigenbaum...
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VinFast CEO Stays Optimistic Despite Market Fluctuations, Sets Sights On ASEAN
Tuesday, September 5, 2023 - 1:30am | 459The CEO of Vietnamese EV maker VinFast (NASDAQ:VFS), Thuy Le, dismissed concerns over the company’s fluctuating stock value, expressing confidence in the company’s potential, particularly in Southeast Asia’s emerging electric vehicle sector, Nikkei Asia reported. Thuy made...
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Team Biden Intensifies Diplomatic Outreach To Xi Jinping To Ease Hi-Tech Export Restrictions Fallout
Friday, July 14, 2023 - 1:55am | 578In a bid to ease the fallout from impending restrictions on hi-tech exports to China, U.S. President Joe Biden has been ramping up diplomatic outreach to Beijing, South China Morning Post reports. The recent meeting between Chinese foreign policy chief Wang Yi and U.S. Secretary of State Antony...
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Blinken To Address Kim Jong Un's Looming Nuclear And Missile Threats At ASEAN Regional Forum Meet
Saturday, July 8, 2023 - 5:11am | 425Antony Blinken has been reportedly preparing to confront the looming nuclear and missile threats posed by North Korea’s leader Kim Jong Un, as he embarks on a testing mission at the ASEAN Regional Forum. What Happened: With the ASEAN Regional Forum providing a crucial platform, the U.S....
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Breaking Up With The Buck: Saudi Arabia, Southeast Asian Nations Swipe Left On US Dollar Dependence
Wednesday, April 5, 2023 - 3:52pm | 937As the balance of power between China and the U.S. continues to shift, heads of state across the globe are making choices to either steer away or get closer to each of the world's two largest economies. In South East Asia and the Middle East, a trend to reduce reliance on the U.S. and a decades-old...
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Elon Musk's SpaceX, Netflix, Boeing To Embark On 'Biggest Business Mission' To Vietnam
Friday, March 17, 2023 - 1:43am | 350Elon Musk's space exploration firm SpaceX, streaming giant Netflix Inc (NASDAQ: NFLX), and Boeing Co (NYSE: BA) are embarking on a business mission to Vietnam next week. What Happened: The mission is centered around investment and sales...
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Fintech Focus For November 4, 2020
Tuesday, November 3, 2020 - 8:01pm | 1908Quote Of The Day: The question isn't who is going to let me; it's who is going to stop me. - Ayn Rand Fintech Movers: Voice technology has the potential to improve financial services in more ways than just convenience and accessibility. - SDK.finance Alameda invests $3M in 3Commas. Schwab...
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Report: Auto Industry Must Look Beyond 'BRIC' Nations to New, Emerging Markets
Wednesday, October 23, 2013 - 2:33pm | 524Think there are no investment worlds left to conquer? A major global management group suggests you think outside of the box – or more specifically, beyond the BRICs – especially when it comes to rising automotive markets. A report released Tuesday by The Boston Consulting Group says what it...
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Hong Kong Adds To Mainland Stocks To Its Reserves
Saturday, June 25, 2011 - 3:48pm | 248Hong Kong's Central Bank is the latest institutional investor to get “China Fever”, with the city's Monetary Authority adding mainland Chinese stock and bonds to its exchange reserves fund. In November, Hong Kong joined other central banks and sovereign wealth funds by being granted Qualified...
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Bet On The Yuan
Wednesday, May 25, 2011 - 1:34pm | 257Last month's bullish forecast by the International Monetary Fund is another reason to bet on the Chinese yuan. The IMF estimates that developing economies in Asia will expand 8.4% this year, compared with 2.8% growth in the U.S. Overall, the yuan has appreciated 4.92% against the greenback in the...
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$250 Billion on Infrastructure (IDX, PXR)
Monday, May 16, 2011 - 3:57pm | 227According to Morgan Stanley, Indonesia will spend about $250 billion on infrastructure investments over the next five years. That's a huge amount. The resulting public and private spending on infrastructure will be equivalent to 5.9% of the nation's gross domestic product in 2015. The country aims...