03:54 PM @ 11/09/2023
The yuan has sunk to its lowest level against the dollar in almost 16 years as efforts by the People's Bank of China to curb its slide continued to be outweighed by downward pressure in currency markets.SEE MORE03:47 PM @ 11/09/2023
Dedollarization has become the buzzword of late, amid the tectonic shifts taking place in the global economic order. Participants of Russia's eighth Eastern Economic Forum (EEF), hosted in the city of Vladivostok from September 10–13, have similarly been weighing in on the prospects of cutting back global reliance on the greenback.SEE MORE03:30 PM @ 11/09/2023
The president of Indonesia, which hosted last year's G20 Bali summit, has been reiterating calls for emerging economies of the Global South to strive for collaboration and inclusivity.SEE MORE03:03 PM @ 11/09/2023
The European Union (EU)’s Carbon Border Adjustment Mechanism (CBAM) transition period will begin on October 1, 2023, and from 2026 this program is expected to become permanent.SEE MORE02:58 PM @ 11/09/2023
Malaysia, Chile and Brunei have been eligible for preferential import and export taxes under the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), according to the Ministry of Industry and Trade (MoIT).SEE MORE