Japan rice prices soar as core inflation accelerates
Rice prices in Japan last month were almost twice what they were a year earlier, official data showed Friday, as core inflation accelerated in the world’s number four economy. The price of the grain has soared in recent months, prompting Japan’s government to release some of its emergency stockpile into the market. Excluding fresh food, […]
US unveils new port fees for Chinese-linked ships
The United States unveiled new port fees on Chinese built and operated ships Thursday, in a bid to boost the domestic shipbuilding industry and curb China’s dominance in the sector. The move — which stems from a probe launched under the prior administration — comes as the United States and China are locked in a […]
China’s manufacturing backbone feels Trump trade war pinch
Sky-high tariffs imposed on China by US President Donald Trump have triggered a slump in factory orders, manufacturers told AFP this week — with some fearing business may never return. China’s vast southern province of Guangdong, crisscrossed with factories making everything from clothing to electronics, has long been the country’s biggest manufacturing hub. For decades, […]
Asian markets mixed as traders track tariff talks
Asian markets were mixed in holiday-thinned trade Friday as investors keep tabs on countries’ tariff talks with the White House, while Donald Trump’s remarks that he was reluctant to hike levies on Beijing even more provided a little support. Governments around the world are lining up to visit the US president’s team as they look […]
