Japan Inflation Holds Firm in November as BOJ Nears Key Rate Hike Decision 
Oil Prices Steady in Asia but Headed for Weekly Loss on Supply Glut Concerns 
Trump Defends Economic Record in North Carolina as Midterm Election Pressure Mounts 
RBA Unlikely to Cut Interest Rates in 2026 as Inflation Pressures Persist, Says Westpac 
U.S. Stock Futures Slip After CPI-Fueled Rally as Markets Weigh Economic Uncertainty 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Oil Prices Climb on Venezuela Blockade, Russia Sanctions Fears, and Supply Risks 
Singapore Growth Outlook Brightens for 2025 as Economists Flag AI and Geopolitical Risks 
Precious Metals Rally as Silver and Platinum Outperform on Rate Cut Bets 
Asian Fund Managers Turn More Optimistic on Growth but Curb Equity Return Expectations: BofA Survey 
Yesterday, the U.S. Commerce Department concluded its preliminary investigations into imports of Glycine from India, Thailand, and Japan and it has found that exporters are receiving dumping the products at rates below their fair value,
- Japan – 10.86-80.49 percent
- India – 53.66-86.22 percent
As a result of the findings, the commerce department has asked the U.S. customs and border patrol (CBP) agency to collect cash deposits from importers of the item based on these preliminary rates. The final decision will come by April next year.
The investigation was initiated based on petitions filed by GEO Specialty Chemicals, Inc. of Indiana and by Chattem Chemicals, Inc. of Tennessee.
According to the department’s calculations, the imports of cast iron soil pipes from India and Japan were valued at an estimated $6.7 million, $9.5 million respectively in 2017.
Under President Trump, the U.S. Commerce Department has significantly stepped up its investigations into foreign malpractices in trade and the number of investigations initiated is 186 percent more than the previous administration.
