Recent Posts

China imports gain most in year amid signs of economic recovery

BLOOMBERG China saw its biggest gain in imports in a year last month, while a slide in exports decelerated, adding to evidence that the world’s second-largest economy is recovering from the impact of pandemic lockdowns. Imports rose 4.2% from a year ago to $197 billion in February, following a slump of 21.4% in January and snapping four months of decline, ...

Read More »

Japan to lift curbs on chip material exports to South Korea

BLOOMBERG Shares of Korean electronics makers surged after Japan said it’ll roll back export restrictions of key semiconductor materials, laying to rest concern about the fragility of an important link in the tech supply chain. SK Hynix Inc jumped as much as 7.3%, the biggest intraday rise in more than two months. Samsung Electronics Co rose more than 2% and ...

Read More »

Nuclear submarines won’t halt China-Australia thaw: Ministers

BLOOMBERG Australia’s government is confident that plans to acquire a fleet of nuclear submarines under the Aukus agreement won’t derail progress in restoring its relations with China. Trade Minister Don Farrell said talks on reviving frozen ties were progressing well at an official level, and that an invitation for him to visit Beijing still stood. That’s despite the overarching aim ...

Read More »
Send this to a friend