Asian Stocks Advance as Nikkei Nears Record High Ahead of Fed Decision 
Asian Currencies Steady as Dollar Holds Firm Ahead of Fed Decision and US-Iran Deal Details 
Asian Markets Mixed Ahead of Key Central Bank Decisions 
Best Gold Stocks to Buy Now: AABB, GOLD, GDX 
Japan Trade Deficit Narrows as Exports Surge in May 
Gold Holds Gains as Oil Prices Retreat and Fed Decision Looms 
Gold Prices Surge Above $4,300 as US-Iran Peace Deal Weakens Dollar and Oil 
Myanmar Economic Outlook Hit by Fuel Price Shock as World Bank Cuts Growth Forecast 
BOJ Raises Interest Rates to 31-Year High, Signals Strong Focus on Inflation Risks 
Earlier this week, the U.S. Commerce Department concluded its final investigations into imports of rubber bands from China and it has found that exporters are dumping the product in the United States at a margin of 27.77 percent. In addition to that, the investigation has found that exporters are receiving countervailing subsidies at a rate of 125.77 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 final rates.
The investigation was initiated based on petitions filed by Alliance Rubber Company of Arizona.
According to the department’s calculations, the imports of rubber bands from China were valued at an estimated $4.9 million 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 242 percent more than the previous administration.
