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China is becoming less and less interested in other countries’ goods. Its imports are stagnant even as exports soar, a result of sluggish consumption and Beijing’s all-out push to beef up domestic industries.
Taiwan has added China's Huawei and SMIC to its trade blacklist in a move that further aligns it with U.S. trade policy and comes amid tensions with Beijing.
South Korea launched on Monday a task force on negotiations with the United States on tariff and non-tariff matters across industry and the energy sector that will also coordinate with the private sector,
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A fresh wave of bullishness is washing through the oil-options market as the confrontation between Israel and Iran escalates, with activity led by unusually heavy trading of call options at the week’s open.
The Israel Defense Forces said the air force had launched strikes against missile sites in central Iran, as the Middle East conflict entered a fourth day.
The Swiss economy, traditionally one of the most robust in Europe, is expected to grow by 1.3% in 2025, a downgrade from the government's March forecast of 1.4%. The State Secretariat for Economic Affairs (SECO) also cut its forecast for 2026 growth to 1.2% from 1.6% previously, with exports expected to fall.
DBS Group Holdings Ltd., Singapore’s largest lender, is planning to recruit 100 bankers catering to the rich in Hong Kong over the next three years with clients having more appetite to trade.
China’s May economic activity data showed a mixed picture, as ongoing trade frictions with the U.S. continued to weigh on growth. A key measure of domestic consumption grew faster than expected, buoyed by Beijing’s consumer subsidy push.