A shortage of naphtha, stemming from the blockade of the Strait of Hormuz, is disrupting manufacturing and retail goods in Japan and South Korea.
Category: International Trade and World Market
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Thousands of Miles From the Iran War, Asia’s Currencies Feel the Strain
Soaring oil prices and a surging dollar are testing Asia’s foreign-exchange reserves, which were built up after the 1997 crisis.
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Elon Musk and Other CEOs on Trump’s Trip to China Sought Relief
Elon Musk and other powerful executives who accompanied President Trump to China are hoping to clear roadblocks put up by Beijing.
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China Confirms It Will Buy 200 Boeing Planes
The deal, which President Trump announced after last week’s summit, represents the largest single sale of the American company’s aircraft to Beijing in nearly a decade.
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The Iran War Is Crippling One of the World’s Wealthiest Nations
Iranian attacks have paralyzed Qatar’s vital gas exports and are stalling the tourism and business pivots that were intended to anchor its future growth.
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China Indicates Tariffs Were Discussed at Trump Summit
China’s Ministry of Commerce said Saturday that the countries had struck a preliminary agreement to reduce some tariffs, seemingly contradicting statements by President Trump
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Nvidia’s Future in China Remains Unclear After Trump-Xi Summit
The standoff comes as Chinese firms increasingly turn to domestic chipmakers like Huawei, in a drive to reduce China’s dependence on Western technologies.
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What Trump Gained, and Didn’t, From China
President Trump is returning home from Beijing after a two-day summit that achieved a few deals but left investors and analysts underwhelmed.
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Nvidia’s Future in China Remains Unclear After Trump-Xi Summit
The standoff comes as Chinese firms increasingly turn to domestic chipmakers like Huawei, in a drive to reduce China’s dependence on Western technologies.
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Nvidia’s Future in China Remains Unclear After Trump-Xi Summit
The standoff comes as Chinese firms increasingly turn to domestic chipmakers like Huawei, in a drive to reduce China’s dependence on Western technologies.
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An Uncertain World Awaits the Reopening of the Strait of Hormuz
Fatih Birol of the International Energy Agency, who orchestrated a multinational release of oil reserves, detailed the risks facing the economy now and beyond.