Double squeeze: Weak won, US tariffs tighten grip on K-food, K-beauty
While a weaker currency can boost price competitiveness for export-heavy firms, that advantage is often undercut by costly imported inputs when the bulk of production remains in…
China-Russia cooperation set to expand
Premier Li called for closer cooperation between China and Russia in investment, energy, agriculture and other fields, and expressed the hope that Moscow would provide more…
Real work begins after South Korea-US fact sheet finalised
The document, released by the White House, outlines guidelines that the two countries broadly agreed upon in July and finalized during the Oct. 29 summit between South Korean…
Afghan Commerce Minister in India to strengthen trade and bilateral cooperation
Afghan officials said both sides are likely to discuss issues related to expanding bilateral trade volumes—especially agricultural exports to India; boosting Indian exports of…
Vietnam, Kuwait agree to upgrade ties, targeting US$12–15 billion in bilateral trade by 2030
Both leaders agreed that economic, trade and investment cooperation to remain a central pillar, setting a goal of raising two-way trade to more than US$12–15 billion by 2030.
New US tariff exemption to spare $1-billion worth of Philippine goods
This came after US President Donald Trump issued a Nov. 14 executive order granting reciprocal tariff exemptions for goods that cannot be produced in large quantities stateside,…
Jakarta to allow US firms to sell energy to Indonesia without competitive bidding
Critics warn this preferential treatment distorts the market, potentially causing financial losses for Indonesian state-owned Pertamina by missing the best prices.
Cambodia–Vietnam trade deficit falls by a third
The reduction in the trade gap, an expert said, is due to several major factors, including increases in agricultural output, improvements in local manufacturing and processing…
Asian markets struggle as fears build over tech rally, US rates
The increasingly risk-averse mood on trading floors also dragged on the crypto sector, with bitcoin erasing all its gains this year — just over a month after hitting a record…
Vietnam, US make major progress in 5th round of trade talks
Major progress has been made on multiple issues, including services, digital trade, agriculture, technical barriers to trade (TBT), and sanitary and phytosanitary standards (SPS),…