Author: Admin
In an aerial view, a container ship arrives at the Port of Oakland on October 10, 2025 in Oakland, California. U.S. President Donald Trump is threatening to impose a massive increase of tariffs on Chinese imports in response to China’s announcement of new export controls on rare earths. China controls an estimated 70% of the global supply of rare earths minerals.Justin Sullivan | Getty Images News | Getty ImagesShares of U.S. rare earth miners rallied in premarket trade on Tuesday, extending sharp gains from the previous session after U.S. President Donald Trump threatened China with 100% tariffs over Beijing’s strict…
SINGAPORE is, in many ways, an unlikely financial centre. When I think about financial centres, like New York, London and Tokyo, they are architected on a common theme: a strong domestic economy. They require a financial system to support and grease the wheels of industry and commerce for a large population.Singapore had none of these. Not unlike other sectors in the economy, we created a financial sector that was “outside in”. Several others also tried creating an offshore financial centre, all over the Caribbean. But by and large, they either failed to scale or acquired a poor reputation. If one…
Beijing’s retaliation shows rising China-Europe tensions ahead of high-stakes trade talks with the US[BEIJING] Nexperia says it has been banned from exporting products it makes in China as Beijing hits back at the Dutch government for taking over the management of the company.The Dutch government said on Oct 12 that it has taken over the company using a Cold-War-era law for the first time, ensuring Europe retains access to Nexperia’s chips. The company is a subsidiary of Chinese Wingtech Technology and a key supplier of mature chips used by the automotive and consumer electronics industries.The Chinese Ministry of Commerce issued…
[BEIJING] Chinese rare earth magnet companies have been facing tighter scrutiny on export licence applications since September, sources say, even before Beijing’s move last week to expand controls over the critical minerals used in magnets.The lengthier reviews magnet makers face raise questions about whether China, the top global supplier, is seeking to throttle back magnet shipments, contrary to its commitment to speed up exports in a trade truce with the US in May, to further tighten its grip on the products essential in military and commercial technology.Starting in September obtaining an export licence became harder, according to two sources with…
Ukraine and Azerbaijan face off in World Cup 2026 qualifying action. Here’s everything you need to know ahead of kickoff, including how to watch Ukraine vs Azerbaijan and odds.How to watch Ukraine vs. AzerbaijanDate: Monday, October 13, 2025Time: 2:45 p.m. ETTV: ViX+Live Boxscore: FOXSports.comUkraine vs. Azerbaijan OddsUkraine is favored to win the match. Check out the latest odds.Team FormBelow are the last 5 matches for each team and the results:Ukraine10/10: at Iceland (Win, 5–3)9/9: at Azerbaijan (Draw, 1–1)9/5: vs France (Loss, 2–0)6/10: at New Zealand (Win, 2–1)6/7: at Canada (Loss, 4–2)Azerbaijan10/10: at France (Loss, 3–0)9/9: vs Ukraine (Draw, 1–1)9/5: vs…
Markets across Asia tumbled, with Hong Kong off almost 2 per cent, while Shanghai, Singapore, Seoul, Wellington, Taipei, Mumbai, Bangkok and Jakarta also retreated.Shares in Hanwha dropped more than 5 per cent in Seoul.The selling also came amid growing concerns that the AI-fuelled rally in stocks this year – which has helped push several markets and companies to record highs- may have been overdone and a bubble is forming.”Given the recent rally, positioning was stretched (and) any bad news is a cue to sell risk … which indicates the market is looking for an excuse for a selloff,” said Neil…
[HONG KONG] Chinese electric-vehicle maker Seres Group has started gauging investor interest for a Hong Kong listing that may raise US$1.5 billion to US$2 billion, according to people familiar with the matter. The company, Huawei Technologies’ EV partner, is meeting investors this week, the people said, asking not to be named because the matter is private. Deliberations are ongoing, and the size of the deal may change, the people added. A representative for Seres declined to comment. The Chongqing-based firm’s stock is already listed on the Shanghai Stock Exchange. Shares have gained about 20 per cent so far this year,…
Macedonia and Kazakhstan face off in World Cup 2026 qualifying action. Here’s everything you need to know ahead of kickoff, including how to watch Macedonia vs. Kazakhstan and odds.How to watch Macedonia vs. KazakhstanDate: Monday, October 13, 2025Time: 2:45 p.m. ETTV: ViX+Live Boxscore: FOXSports.comMacedonia vs. Kazakhstan OddsMacedonia is favored to win the match. Check out the latest odds.Team FormBelow are the last 5 matches for each team and the results:Macedonia10/10: vs Belgium (Draw, 0–0)9/7: vs Liechtenstein (Win, 5–0)9/4: at Saudi Arabia (Loss, 2–1)6/9: at Kazakhstan (Win, 1–0)6/6: vs Belgium (Draw, 1–1)Kazakhstan10/10: vs Liechtenstein (Win, 4–0)9/7: at Belgium (Loss, 6–0)9/4: vs…
[SINGAPORE] Stronger than expected growth may give the Monetary Authority of Singapore (MAS) more policy space going into 2026, after the central bank held settings steady for the second consecutive quarter, said several private-sector economists. The Republic’s central bank at Tuesday’s (Oct 14) quarterly policy meeting chose to maintain the prevailing rate of appreciation of the Singapore dollar nominal effective exchange rate (S$NEER) policy band, with no change to its width and the level at which it is centred.The move came after the central bank similarly kept settings unchanged in July. Prior to that, there were two consecutive rounds of easing…
HONG KONG — HONG KONG (AP) — China’s Commerce Ministry said Tuesday it was banning dealings by Chinese companies with five subsidiaries of South Korean shipbuilder Hanwha Ocean in the latest swipe by Beijing at U.S. President Donald Trump’s effort to rebuild the industry in America. The ministry also announced that it was also investigating a probe by Washington into China’s growing dominance in world shipbuilding and threatened more retaliatory measures. It said the U.S. probe endangers China’s national security and its shipping industry and cited Hanwha’s involvement in the investigation. The U.S. Trade Representative launched the Section 301 trade…