U.S. trade officials to consider tariffs on solar imports from Southeast Asia

U.S. trade officials on Monday said they will launch an investigation into whether to impose tariffs on solar energy equipment from four Southeast Asian nations, a blow to project developers that rely on cheap imports to keep their costs down.

newspaper

28-03-2022

Bayer shareholder Union Investment says CEO should stay on

Bayer shareholder Union Investment on Monday came out in support of the drugmaker's chief executive serving out his full term after the CEO came under renewed pressure over the company's performance.

newspaper

28-03-2022

Oil slides about 6% on concerns of weaker Chinese demand

NEW YORK (Reuters) -Oil prices tumbled nearly 6% on Monday after China's financial hub of Shanghai launched a lockdown to curb a surge in COVID-19 infections, prompting renewed fears of demand destruction.

newspaper

28-03-2022

U.S. auto sales set for weakest quarter in a decade - Cox Automotive

U.S. new vehicle sales could fall in March and mark the weakest first-quarter volume in the past decade as chip shortages and the Ukraine crisis squeeze inventories, research firm Cox Automotive said.

newspaper

28-03-2022

Oil slides 6% on concerns of weaker Chinese demand

Oil prices tumbled more than 6% on Monday after China's financial hub of Shanghai launched a lockdown to curb a surge in COVID-19 infections, prompting renewed fears of demand destruction.

newspaper

28-03-2022

U.S. goods trade deficit narrows in February; still near record highs

The U.S. trade deficit in goods narrowed in February, but the fall reversed only a fraction of the surge to a record high in January, suggesting that trade would again weigh on economic growth in the first quarter.

newspaper

28-03-2022

U.S. goods trade deficit narrows; retail inventory accumulation slows

WASHINGTON (Reuters) -The U.S. trade deficit in goods narrowed in February after setting a record high in the prior month as exports rebounded, but any lift to economic growth this quarter could be offset by businesses slowing their pace of inventory accumulation.

newspaper

28-03-2022

Thai finance minister sees slower growth, interest rate to stay low

Thailand's economy could grow 3.0%-3.5% this year, less than an earlier forecast due to soaring oil prices driven by the Russia-Ukraine war, and the key interest rate should remain low to underpin recovery, the finance minister said on Monday.

newspaper

28-03-2022

Indonesia expects fiscal pressure from high global fuel, food prices

High global commodity prices have helped Indonesia book a strong fiscal position, but its budget will face pressure from inflationary shocks in coming months as the government keeps fuel prices steady, the finance minister said on Monday.

newspaper

28-03-2022