6 h. ago Mexico’s week in review: Market confidence, China tariff hikes and military scandal

Mexico’s week in review: Market confidence, China tariff hikes and military scandal  Mexico News Daily

Events

13 h. ago China vows to ‘safeguard support’ for private investment, boost confidence

China’s State Council has vowed to remove hidden barriers holding back private investment and also address the concerns of private entrepreneurs, as the world’s second largest economy intensifies efforts to meet its annual growth target and stabilise the job market. The council – China’s cabinet – held an executive meeting on Friday chaired by Premier Li Qiang. The meeting emphasised the goal of creating a fair and competitive market environment, where private enterprises could invest...

Economics

18 h. ago Philippine defence, military chiefs slam call to dump Marcos as scandal flares

The Philippine defence and military chiefs rejected a call for the country’s armed forces to withdraw support from President Ferdinand Marcos Jnr in response to public outrage over allegations of massive corruption in flood control projects that have implicated several congressmen and public works officials and sparked pockets of street protests. Defence Secretary Gilberto Teodoro Jnr and military chief of staff General Romeo Brawner Jnr issued a joint statement late on Friday expressing their...

Events

57 h. ago Why Mexico’s big tariff hike on Chinese cars won’t cripple their competitiveness

Chinese carmakers will likely feel the sting of Mexico’s anticipated 50 per cent tariff on cars imported from Asia, but their competitive prices and global operations may offset some of the pain, according to analysts. The proposed tariff hike, more than doubling the current level of 20 per cent, was included in a draft bill on raising levies on roughly 1,400 products – from textiles to steel – from countries with which Mexico does not have a trade deal. The bill was submitted to the Congress of...

Politics

64 h. ago Mexico to impose levies on slew of imports, hike tariff on China cars | Daily Sabah

Mexico to impose levies on slew of imports, hike tariff on China cars | Daily Sabah  Daily Sabah

Politics

8 d. ago Kim Jong Un's trip to China marks transformation from shunned pariah to confident diplomat

Kim Jong Un's trip to China marks transformation from shunned pariah to confident diplomat  Beaumont Enterprise

Politics

1 week ago Hedge funds boost options bets for yuan to strengthen past 7

Hedge funds are ramping up options wagers, signalling that the Chinese yuan’s rally against the US dollar still has room to run. Their demand for options that become profitable if the yuan rises against the dollar has increased, according to traders who asked not to be identified. Investors are now targeting a yuan at around 7 or stronger by the end of the year, SGX Derivatives Exchange data showed, on rising confidence in China providing policy support and shifting US interest rate...

Politics

2 w. ago Watch Global Investors Renew Confidence in China, Says Tech PE Leader

Watch Global Investors Renew Confidence in China, Says Tech PE Leader  Bloomberg.com

Politics

3 w. ago China Ramps Up Urals Crude Imports as India Retreats Amid US Tariff Hike

China Ramps Up Urals Crude Imports as India Retreats Amid US Tariff Hike  UNITED24 Media

Politics