Culture
Kevin Durant NBA trade: Forward will join Houston Rockets from Phoenix Suns
Two-time NBA champion Kevin Durant will join the Houston Rockets in a blockbuster move from the Phoenix Suns. The 36-year-old forward will…
Tag
trade
Business
Oil settles up 7% as Israel, Iran trade air strikes
Oil prices jumped on Friday (Jun 13) and settled 7 per cent higher as Israel and Iran traded air strikes, feeding investor worries that…
News
FN 80: Even Before Trump’s Tariffs, Rising Production Costs in China Shifted the Sourcing Landscape
Ten years ago, when Footwear News turned 70, the production shift away from China was underway. “China’s escalating commodity prices and…
News
Europe: Shares drop as trade optimism wanes, geopolitical tensions rise
EUROPEAN equities logged their fourth consecutive decline on Thursday as trade optimism dimmed, while mounting geopolitical tensions…
News
How China’s monopoly on rare earth minerals gives it an edge in trade talks
China’s dominance over critical minerals in global supply chains was a powerful bargaining chip in trade talks between Beijing and…
Business
Damage is done: China exports to US in May crash most since Covid as trade flows reroute to Asean
While the US and China seemed to have avoided a devastating economic conflict with a framework agreement on Wednesday (Jun 11) after two…
Business
Damage is done: China exports to US in May drops by most since Covid as trade flows reroute to Asean
While the US and China seemed to have avoided a devastating economic conflict with a framework agreement on Wednesday (Jun 11) after two…
Business
Damage is done: China exports to US in May see biggest drop since Covid as trade flows reroute to Asean
While the US and China seemed to have avoided a devastating economic conflict with a framework agreement on Wednesday (Jun 11) after two…
Business
Singapore shares rise as trade tensions between China and US ease; STI up 0.1%
Across the broader market, losers beat gainers 252 to 236 as 1.3 billion securities worth S$1.2 billion change hands Singapore stocks rose…
Business
China stocks soar on AI, US-China trade hopes. Who are the country’s ‘Terrific Ten’ firms?
Chinese stocks have see-sawed since late last year, as investors reacted to factors ranging from government stimulus, artificial…
Business
China stocks soar on AI, trade hopes. Which are the country’s ‘Terrific 10’ firms?
Chinese stocks have see-sawed since late last year, as investors reacted to factors ranging from government stimulus, artificial…
Business
Airbus revises up 20-year jet demand forecast despite trade tensions
Airbus revised up its forecast for airplane demand over the next 20 years on Thursday, telling investors and suppliers the air transport…
News
Asia: Shares stumble after Trump’s latest trade threat
Asian shares were rattled on Thursday after Donald Trump said he would impose unilateral tariffs on partners in the next two weeks,…
Business
US: Stocks rally fades after China trade framework
Wall Street stocks finished lower on Wednesday despite positive movement in the US-China trade conflict and a benign US inflation report.…
News
What a 55 Percent Tariff on Chinese Goods Could Mean for Footwear Firms
In another twist and turn in President Donald Trump’s trade war, the U.S. and China have revealed the framework for a new deal that would…
Business
Oil Prices Hit 7-Week High on US-China Trade Optimism and Tightening of Supplies
Oil prices rose to nearly their highest level in two months on Wednesday. The rally followed news that U.S. President Donald Trump had…
News
TACO Trump Announces Paltry Trade Deal With China
Defense Secretary Pete Hegseth revealed that the president’s plan to use the military against U.S. citizens will cost taxpayers a…
Business
What’s Next as the Latest U.S.-China Trade Talks Conclude
We are hearing that the trade talks with China may be bearing fruit — or at least aren’t at an impasse. We’ve heard positive spin before,…
Business
China Walks a Line in U.S. Trade Talks, Trying Not to Overplay Its Hand
In its high-stakes trade talks with the United States, China has been trying to strike a balance in how it wields its market clout. It…
News
South-east Asia’s polymer production crisis worsens as US-China trade shift looms
South-east Asia’s petrochemical industry is facing a double whammy of weakening export demands and potential import surges, as trade…
Business
Asian Markets Edge Higher as Trade Talks Show Progress, Inflation Data in Focus
Asian markets edged up cautiously on Wednesday as investors were kept in check by some muted moves on the trade front. The latest meetings…
Business
Gold rises as US-China trade uncertainty persists, investors eye inflation data
GOLD prices edged higher on Wednesday as uncertainty surrounding the finalisation of a US-China trade agreement weighed on sentiment and…
Business
Asia: Equities rally after China-US framework on trade
Asian stocks rose on Wednesday as investors welcomed a China-US agreement to lower trade tensions that stoked hopes the economic…
Business
Oil prices hold near 7-week high as market waits for news from US-China trade talks
Oil prices held near a seven-week high on Tuesday as the market awaited direction from trade talks between the US and China. Analysts have…