Tag: Editors' Picks
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India imposes 40% export duty on onions to calm rising prices
India will impose with immediate effect a 40 percent export duty on onions up to Dec. 31 in an attempt to improve domestic availability of the vegetable, the ministry of finance said in a notification on Saturday.
Shein, Forever 21 owner sign deal as fast-fashion majors look to widen reach
Shein said on Thursday it has partnered with SPARC Group, a joint venture between Forever 21 owner Authentic Brands and mall operator Simon Property, as the online fashion retailer and its rivals look to expand their market reach.
Bautista urges KEXIM for more transport-related support projects
South Korea, the country's fourth largest source of sub-market loans, more known as official development assistance (ODA), has indicated a willingness to fund even...
Fed’s Powell: higher rates may be needed, will move ‘carefully’
The Federal Reserve may need to raise interest rates further to cool still-too-high inflation, Fed Chair Jerome Powell said on Friday, promising to move with care at upcoming meetings as he noted both progress made on easing price pressures as well as risks from the surprising strength of the U.S. economy.
Asia’s worries over currency volatility get in the way of rate cuts
A spurt in the U.S. dollar and China's defense of the yuan are forcing Asian central banks to step up interventions in their weakening...
