US delays wood tariff hike, gives temporary relief to Vietnam's wood sector in 2026
Economy 14:43 03/01/2026Vietnam's wood industry is set to see a year of relative stability, though not full certainty, after the U.S. decided to delay a planned import tariff increase until 2027, according to the Vietnamese Ministry of Industry and Trade.
Bank of Japan raises interest rates to 30-year high, signals more hikes
World 15:24 19/12/2025The Bank of Japan raised interest rates on Friday to levels unseen in three decades and signalled its readiness for further hikes, taking another landmark step in ending decades of huge monetary support and near-zero borrowing costs.
India races to reform financial sector as foreigners pull $17 billion
World 14:24 27/10/2025MUMBAI -- Rattled by nearly $17 billion in foreign outflows this year, India is doubling down on financial sector reforms in a push to beef up capital buffers and lift investment in the country amid wider worries about the economic hit from U.S. tariffs.
Nestle to cut 16,000 jobs as new CEO ignites 'turnaround fire'
World 11:35 17/10/2025Nestle will cut 16,000 jobs, new CEO Philipp Navratil said on Thursday, as the world's largest packaged food company seeks to cut costs and win back investor confidence.
WTO downgrades global trade growth forecast to 0.5% for next year
World 10:20 08/10/2025The World Trade Organization sharply lowered its 2026 forecast for global merchandise trade volume growth to 0.5% on Tuesday, citing expected delayed impacts from U.S. President Donald Trump's tariffs.
EU to halve steel import quotas to preserve domestic industry
World 10:15 08/10/2025BRUSSELS -- The European Commission proposed on Tuesday cutting tariff-free steel import quotas by almost half and a 50-percent duty for excess shipments in a bid to preserve viable steelmaking in the European Union.
Thai industrial sentiment hits 3-year low in August on politics, strong baht
World 16:10 17/09/2025Thailand's industrial sentiment index fell to its lowest level in three years in August on worries about domestic political uncertainty, a strong baht currency and U.S. tariffs, the Federation of Thai Industries said on Wednesday.
Lower US tariffs on Japan to take effect by September 16
World 15:17 09/09/2025TOKYO -- U.S. tariff rates on some Japanese goods are expected to be formally lowered by September 16, Japanese economic revitalization minister Ryosei Akazawa said Tuesday.
Wary diners shun restaurants, raising prospect of boost for retailers
World 17:04 20/08/2025Cash-conscious consumers choosing to eat in rather than dine out have raised the prospect of an upturn in earnings for supermarkets and food delivery firms, according to data, analysts and company executives.
JETRO struggles to expand scallop supply chain in US
World 17:43 19/08/2025NEW YORK -- The Japan External Trade Organization, or JETRO, struggles to build a new supply chain for Japanese scallops in the United States that involves processing in Mexico, people familiar with the matter said Sunday.
300% US chip tariff to push down Japan GDP by 0.42%: economist
World 17:42 19/08/2025TOKYO -- Japan's real gross domestic product is projected to be pushed down by up to 0.42 pct in a year if the United States imposes a 300 pct tariff on semiconductors, Takahide Kiuchi, executive economist at Nomura Research Institute Ltd., said Monday.
