Soaring oil prices and a surging dollar are testing Asia’s foreign-exchange reserves, which were built up after the 1997 crisis.
Category: International Trade and World Market
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Thousands of Miles From the Iran War, Asia’s Currencies Feel the Strain
The New York Times – Business: -
Elon Musk and Other CEOs on Trump’s Trip to China Sought Relief
The New York Times – Business: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 New York Times – Business: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
The New York Times – Business: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
The New York Times – Business: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 New York Times – Business: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
The New York Times – Business: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 New York Times – Business: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 New York Times – Business: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
The New York Times – Business:Fatih Birol of the International Energy Agency, who orchestrated a multinational release of oil reserves, detailed the risks facing the economy now and beyond.
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Fuel Prices Drive Sales of E.V.s, Just Not in the U.S.
The New York Times – Business:Electric vehicle sales have soared in Europe and much of the rest of the world, but Americans are still hesitant.