Leaders of the BRICS group of developing nations prepared to address the shared challenges of climate change on Monday, the final day of their summit in Rio de Janeiro, demanding that wealthy nations fund global mitigation of greenhouse emissions. Brazilian President Luiz Inacio Lula da Silva has touted the importance of the Global South in […]
Read MoreBloomberg US President Donald Trump’s administration plans to restrict shipments of artificial intelligence (AI) chips from the likes of Nvidia to Malaysia and Thailand, part of an effort to crack down on suspected semiconductor smuggling into China. A draft rule from the Commerce Department seeks to prevent China – to which the United States has […]
Read MoreBy Gurvinder Singh Kolkata, India — For the past several years, the United States has been a major market for Aditya Garodia to export more than 100 items of steel derivatives like fasteners from his factory in West Bengal state in eastern India. But ever since US President Donald Trump took office and unleashed a […]
Read MoreBy Bac Pham and Bennett Murray Vietnam breathed a sigh of relief when US President Donald Trump announced a trade deal had been struck between Hanoi and Washington. The Vietnam Stock Index reached its highest level since April 2022, indicating confidence that export stability had been achieved. On the face of it, the deal is […]
Read MoreVietnam’s economy grew at a faster pace in the second quarter of this year led by strong exports, in an encouraging sign just days after US President Donald Trump said he would place lower-than-threatened 20% tariffs on many Vietnamese products. Concerns over the Southeast Asian manufacturing hub’s outlook had been growing in the run up […]
Read MoreIndonesia has offered to cut duties on key imports from the United States to “near zero” and to buy $500 million worth of US wheat as part of its tariff talks with Washington, its lead negotiator and a wheat industry association said on Friday. Chief economics minister Airlangga Hartarto, who is Indonesia’s lead negotiator, also […]
Read MoreIndia is set to remain the fastest-growing economy among all countries covered by Morgan Stanley, the global investment firm said in its latest Global Investment Committee (GIC) report. As per an ANI report, the recent findings from Morgan Stanley forecast India’s real GDP to grow by 5.9 per cent in 2025 and 6.4 per cent […]
Read MoreBy Sadokat Jalolova President Shavkat Mirziyoyev of Uzbekistan arrived in Baku on July 2 for a state visit at the invitation of Azerbaijani President Ilham Aliyev. He was received at the airport by Deputy Prime Minister Yagub Eyyubov and other senior officials, with an official reception taking place at the presidential residence in Zagulba. A […]
Read MoreSaudi Arabia and Indonesia signed several deals and memorandums of understanding worth around US$27 billion between private sector institutions in fields including clean energy and petrochemicals, Saudi state news agency SPA reported on Wednesday. Indonesian President Prabowo Subianto visited the Gulf kingdom on Wednesday and met Saudi Crown Prince Mohammed bin Salman. The two sides […]
Read MoreBy Resty Woro Yuniar Indonesia is banking on its rich reserves of critical minerals to persuade the United States to pull back steep looming tariffs – an offer that could appeal to American strategic interests even as concerns remain about regulatory risks and China’s entrenched role in the country’s mineral supply chains. Coordinating Minister for […]
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