By Kanishka Singh WASHINGTON (Reuters) – U.S. Commerce Secretary Gina Raimondo said on Sunday that President Joe Biden has asked his team to look at the option of lifting some tariffs on China that were put into place by former President Donald Trump, to combat the current high inflation. “We are looking at it. In …
U.S. mulls lifting some China tariffs to fight inflation Read More »
WARSAW (Reuters) – Poland’s unemployment rate fell to 5.1% in May according to preliminary data, the labour ministry was quoted as saying by state news agency PAP on Monday. In April the unemployment rate was 5.2%. (Reporting by Pawel Florkiewicz; Editing by Gareth Jones)
JAKARTA (Reuters) – Indonesia and the Islamic Development Bank have signed a $150 million loan to finance a toll road project on Java island, the Indonesian finance ministry said in a statement on Monday. The highway, which will be built from central Yogyakarta province to the eastern city of Malang, will cost an estimated total …
Indonesia, Islamic Development Bank sign $150 million loan for Java highway Read More »
(Reuters) – Energy Transfer LNG, a unit of Energy Transfer LP, entered into a deal to supply 0.7 million tonnes of liquefied natural gas a year to China Gas Holdings on a free-on-board basis for 25 years, the companies said on Sunday. China Gas Hongda Energy Trading Co. Ltd, a subsidiary of gas distributor China …
Energy Transfer signs agreement for LNG supply to China Gas Read More »
TASHKENT (Reuters) – Turkmenistan has allowed international cargo transportation between Uzbekistan and Iran through its territory to be performed by foreign drivers in an escorted convoy starting this month, the Uzbek Transport Ministry said Monday. Opening up new shipping routes has become an essential task for Central Asian nations that traditionally relied on Russia for …
Turkmenistan streamlines transit of Uzbek cargoes to and from Iran Read More »
By Devayani Sathyan and Anant Chandak BENGALURU (Reuters) – Thailand’s central bank will leave interest rates unchanged at their record low for the rest of the year to support economic recovery, but there are growing calls for an earlier rate rise amid inflationary risks, a Reuters poll found. Driven by higher food and energy prices, …
By Fransiska Nangoy JAKARTA (Reuters) -Indonesia has issued around 302,000 tonnes of palm oil export permits since the country restarted exports, senior minister Luhut Pandjaitan said on Sunday, while reassuring farmers and exporters that authorities would speed up the permit process. Indonesia, the world’s biggest palm oil producer, on April 28 halted exports of the …
Indonesia has issued around 302,000 T of palm oil export permits -official Read More »
TOKYO (Reuters) – Air Canada is expecting a demand for flights between Canada and the Asia-Pacific to recover to a near pre-pandemic level by December next year, a top regional executive said on Saturday. Currently, the routes between Canada and the Asia-Pacific run at 30% of the 2019 capacity, but the capacity is expected to …
Air Canada sees travel demand in Asia rebound by end of 2023 executive says Read More »
TOKYO (Reuters) – Japan’s government is considering resuming a national travel discount campaign as soon as late this month to help the tourism industry recover from a COVID-19 slump, the Nikkei newspaper said on Saturday. A revived “Go To Travel” campaign would likely serve as a core measure to stimulate consumer demand, the business daily …
Japan considers resuming tourism discount as COVID eases -Nikkei Read More »
By Hyunjoo Jin SAN FRANCISCO (Reuters) – Tesla CEO Elon Musk has a “super bad feeling” about the economy and needs to cut about 10% of salaried staff at the electric carmaker, he said in emails seen by Reuters. A message sent to executives on Thursday laid out his concerns and told them to “pause …
