Euro area’s lower growth indicators, Italy’s political uncertainty dampen prospects of higher Nordic exports: Danske Bank

Jun 20, 2018 09:56 am UTC| Commentary Economy

Lower growth indicators in the euro area dampen the prospects for the most important markets for Nordic exports, and the political uncertainty in Italy also risks undermining European growth, according to the latest...

Upward pressure on USD/CNY likely to affect remaining Asian exchange rates, says Commerzbank

Jun 20, 2018 09:09 am UTC| Commentary Economy

An upward pressure on the USD/CNY exchange rate is expected to affect the remaining Asian exchange rates, according to the latest research report from Commerzbank. The Chinese stock market fell sharply yesterday in...

Bank Negara Malaysia likely to maintain OPR at 3.25 pct for rest of this year, says ANZ Research

Jun 20, 2018 08:53 am UTC| Commentary Economy

Bank Negara Malaysia (BNM) is expected to maintain the Overnight Policy Rate (OPR) at 3.25 percent for the rest of this year and the appointment of a new Governor is unlikely to change the central banks reaction function,...

Global Geopolitical Series: U.S. imposes AD on imports of low melt polyester fiber from South Korea and Taiwan

Jun 20, 2018 08:34 am UTC| Commentary Economy

Yesterday, U.S. Commerce Department slapped anti-dumping duty (AD) on imports low melt polyester staple fiber from South Korea and Taiwan as it announced final results of an AD investigation that was initiated by the...

Global Geopolitical Series: U.S. quits UNHRC citing chronic bias and lack of reforms after agency slams Trump administration over refugees

Jun 20, 2018 07:50 am UTC| Commentary

After chief of United Nations Human Rights Council (UNHRC) criticized the Trump administration earlier this week, over stricter enforcement of law at the borders that is separating minor children from their illegally...

Global Geopolitical Series: U.S. Commerce hails historic self-initiated AD investigations on imports of Aluminum sheet from China

Jun 20, 2018 07:23 am UTC| Commentary Economy

In a statement released yesterday, the U.S. Commerce Department hailed the departments historic decision to self-initiate the anti-dumping (AD) investigations on imports of Alloy Aluminum sheets from China as it concluded...

Global Geopolitical Series: US slaps AD on imports of tapered roller bearing from South Korea

Jun 20, 2018 07:11 am UTC| Commentary Economy

Yesterday, the U.S. Commerce Department slapped anti-dumping duty (AD) on imports of tapered roller bearings from South Korea as it announced final results of an AD investigation that was initiated by the petition filed by...