German Industry Employment Falls to Lowest Level in a Decade 
Asian Stocks Advance as Nikkei Nears Record High Ahead of Fed Decision 
China Industrial Output Beats Forecasts as Domestic Demand Weakens 
US Stock Futures Edge Higher Ahead of Key Federal Reserve Decision 
Gold Prices Rebound on U.S.-Iran Peace Deal Optimism Despite Fed Rate Hike Signals 
Oil Prices Drop as U.S.-Iran Peace Deal Eases Supply Concerns 
Oil Prices Ease as Markets Weigh U.S.-Iran Peace Deal and Strait of Hormuz Reopening 
Asian Currencies Stabilize as Dollar Holds Near Two-Month High After Fed Hawkish Signal 
Myanmar Economic Outlook Hit by Fuel Price Shock as World Bank Cuts Growth Forecast 
Dollar Slips as U.S.-Iran Peace Deal Optimism Boosts Risk Appetite Ahead of Fed Decision 
Global Motor Oil and Auto Paint Shortages Persist Despite Potential U.S.-Iran Peace Deal 
German Auto Suppliers Turn Bearish as Investment and Jobs Shift Overseas 
Gold Holds Gains as Oil Prices Retreat and Fed Decision Looms 
Asian Currencies Steady as Dollar Holds Firm Ahead of Fed Decision and US-Iran Deal Details 
Trump Questions USMCA Renewal as Trade Talks Continue 
Dollar Surges After Fed Holds Rates Steady, Signals Potential Tightening Ahead 
Japan Signals Readiness to Intervene as USD/JPY Nears 161 Amid Yen Weakness 
POSCO Coated & Color Steel Co will terminate the joint venture operation with military-backed Myanmar Economic Holdings Limited (MEHL) following the Myanmar military’s brutal suppression of citizen protests after a coup in February.
One of the affiliates of South Korea’s leading steelmaker POSCO, POSCO C&C, has been running a joint venture called Myanmar POSCO C&C under a partnership with MEHL since 1997.
POSCO C&C owns 70 percent in Myanmar POSCO C&C with MEHL owning the remaining 30 percent.
The South Korean steelmaker is being accused of providing funds to Myanmar’s armed forces through the joint venture and is under pressure from domestic and international critics to sever business ties with the regime.
An official at POSCO C&C said that the South Korean firm plans to acquire MEHL’s stake and that it will continue to provide updates as new developments unfold.
