US President Donald Trump’s surprise decision to slap metals tariffs on Brazil is a blow to President Jair Bolsonaro’s aim of forging closer ties with Washington and could push Latin America’s No. 1 economy closer to Trump’s top trade foe - China.
Five interest rate cuts since the start of the year hasn't stopped India's economy from slowing to its weakest growth rate since 2013, but the Reserve Bank of India (RBI) is expected to make its sixth cut on Thursday to give what little relief it can.
A World Trade Organization panel ruled that the European Union has not complied with an order to end illegal subsidies for plane maker Airbus, which prompted the Trump administration to impose tariffs on nearly $7.5 billion US worth of EU goods in October.
The first privately-owned port facility on Iran’s Caspian Sea shores is to open after nearly 15 years of planning and construction, said Allahyar Asadi, who heads Ports and Maritime Organization of Golestan Province.
Hong Kong is set to record its first budget deficit in 15 years, the city's finance chief warned Monday, as the business hub reels from the twin shocks of the trade war and seething democracy protests.
Iran’s southeastern province of Kerman exported non-oil commodities worth $458 million in the past eight months (March 21-November 22), which indicates a 48 percent jump in comparison with figures from the corresponding period in its previous year.