Shein, Temu Retailers Feel Pain From Trump Tariffs
Chinese retailers on Shein and Temu say they have been hit with an extra 30% levy on goods imported to the US from China and Hong Kong because of tariff hikes from President Donald Trump. In Hong Kong ...
New RBI Governor Delivers India’s First Rate Cut Since 2020
India’s new central bank governor cut interest rates for the first time in almost five years on Friday to help spur a slowing economy as global risks intensify.
YesAsia CEO on US Tariff Impact on E-commerce Industry
YesAsia, a Hong Kong based e-commerce platform offering Asian beauty products to international customers, is planning to pass on part of the cost of higher tariffs to US customers. The company's ...
Nissan Climbs on Reports of Foxconn’s Renewed Interest in Tie-up
Nissan Motor Co.’s shares climbed after a report said Hon Hai Precision Industry Co. was making another pass at the flailing ...