Trade
India’s state-owned refiners keep buying Russian oil even as New Delhi seeks U.S. tariff relief
An oil refinery, operated by Bharat Petroleum Corp., in Mumbai, India. Dhiraj Singh | Bloomberg | Getty Images State-owned refiners in India are still buying Russian oil, even as New Delhi seeks relief from U.S. tariffs imposed for those purchases, according to energy analysts. The U.S. imposed a “secondary” 25% tariff on Indian goods in […]
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China bans dual-use goods exports for Japan military over Taiwan remarks
chinese and japan flags painted on cracked concrete wall, china and japan conflict or partnership concept Mastersergeant | Istock | Getty Images China has banned exports of dual-use items to Japan that can be used for military purposes, according to a commerce ministry statement on Tuesday, Beijing’s latest move in reaction to an early November […]
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U.S. grants TSMC annual licence to import U.S. chipmaking tools into China
TSMC offices in San Jose, California, on April 18, 2024. Bloomberg | Bloomberg | Getty Images The U.S. government has granted an annual licence to Taiwan Semiconductor Manufacturing to import U.S. chip manufacturing equipment to its facilities in Nanjing, China, the chipmaker said on Thursday. The approval “ensures uninterrupted fab operations and product deliveries,” the […]
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U.S. approves Samsung, SK Hynix chipmaking tool shipments to China for 2026: Reuters
Samsung Electronics’ fourth-generation high bandwidth memory or HBM3 chips have been cleared by Nvidia for use in its processors for the first time, three people briefed on the matter said. SeongJoon Cho | Bloomberg | Getty Images The U.S. government has granted an annual license to Samsung Electronics and SK Hynix to bring in chip manufacturing equipment to […]
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Asia’s year in review: Who had it best — and who had it worst — in 2025
A fire engulfing a residential building complex at Wang Fuk Court in the Tai Po district of Hong Kong, China, on Wednesday, Nov. 26, 2025. Bloomberg | Bloomberg | Getty Images What a year this has been. Understandably for many, it could not be over soon enough. From the impact of President Donald Trump’s tariffs […]
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How U.S. oil tanker seizures targeting Venezuela are linked to rising geopolitical tensions with China
A U.S. military helicopter flies over the Panama-flagged Centuries, which was intercepted by the U.S. Coast Guard, days after U.S. President Donald Trump announced a “blockade” of all sanctioned oil tankers entering and leaving Venezuela, east of Barbados in the Caribbean Sea on Dec. 20, 2025. Department Of Homeland Security | Via Reuters The escalating […]
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‘No doubt’ U.S. economy is slowing, Invesco says, tipping Europe to outperform
The U.S. economy is clearly losing momentum — but that does not necessarily spell an imminent recession, according to Ben Gutteridge, market insights strategist at Invesco. “I’ve no doubt the U.S. economy is slowing,” Gutteridge told CNBC’s “Squawk Box Europe” on Monday. With job creation beginning to cool, he acknowledged that some investors see the […]
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China slaps tariffs of up to 42.7% on EU dairy products, alleging ‘damage’ to the domestic dairy industry
French cheeses displayed in a store in Paris. Bertrand Guay | Afp | Getty Images China announced tariffs of up to 42.7% on dairy products from the European Union Monday, following the results of an anti-subsidy investigation that began in August 2024. In a statement by the country’s Ministry of Commerce, China said that EU […]
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Asia’s worst-performing currency is set for a rocky start to 2026
The Indian rupee moved in a narrow band on Monday as steady interbank dollar bids blunted positive cues from improved risk appetite globally. Wong Yu Liang | Moment | Getty Images The lack of progress on the U.S.-India trade deal, compounded by persistent outflows in foreign funds, has weighed on the rupee this year, making […]
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India and New Zealand announce trade pact making majority of goods trade duty free
New Delhi, India – March 17: Prime Minister Narendra Modi meets Prime Minister of New Zealand Christopher Luxon at Hyderabad House in New Delhi on March 17, 2025. The India Today Group | The India Today Group | Getty Images India and New Zealand on Monday announced a free trade deal that will make a […]
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