China Scraps Australian Barley Tariffs as Trade Relations Thaw
China will scrap import tariffs on Australian barley from Aug. 5 in the latest sign of improving ties between the two countries.
China will scrap import tariffs on Australian barley from Aug. 5 in the latest sign of improving ties between the two countries.
A lawmaker from Japanese Prime Minister Fumio Kishida’s ruling party resigned from his position as vice minister, the Foreign Ministry announced, following allegations he received a bribe from a wind power company.
The Treasury yield curve has steepened this week, but the shift is unnerving investors as it comes through a painful selloff in longer bonds rather than the rally in shorter debt most expected.
China’s efforts to boost its beleaguered private sector are falling short of what’s needed to aid foreign business and support the struggling economy, according to the head of the European Union Chamber of Commerce in China.
Investors continued to pile into some Korean stocks seen as related to superconductors amid claims about a breakthrough in the technology, even as the exchange warned of speculative bets and unfair trades.
Japanese trading houses — a darling of Warren Buffett’s — posted strong earnings last quarter, despite a drop in commodity prices over the period and China’s disappointing economic rebound.
Egypt unexpectedly resumed its cycle of monetary tightening, seeking to tame inflation that’s running at an all-time high.
Aakash Educational Services Ltd., the tutoring business unit of edtech firm Byju’s, is reconstituting its board under an agreement with creditor Davidson Kempner Capital Management LP after certain loan covenants were breached, according to people familiar with the matter.
Vodafone Group Plc’s biggest shareholder is pushing ahead with an ambitious global expansion strategy, undeterred by a slump in the British carrier’s share price that’s wiped out a chunk of its most high-profile investment.
Canaccord Genuity Group Inc. will take a restructuring charge after it let go of 7% of its North American staff, a response to its worst period in years for deal revenue.