News
Europe may need to impose tariffs of up to 55% to curb Chinese EV imports, research says
The European Union will need to levy higher-than-expected tariffs of up to 55% on Chinese electric vehicles to curb their imports into the bloc, according to a new analysis by Rhodium Group.
IMF raises its Asia growth forecast for 2024, highlights India’s growth and China stimulus as key drivers
The International Monetary Fund raised its Asia growth forecast for 2024 on Tuesday, as it remained optimistic about India’s growth and focused on the need for more stimulus from China.
Asian stocks firm before US inflation test; yen gains
Chinese equities and most other regional stock markets climbed on Thursday, while the dollar held its ground against European rivals ahead of crucial U.S. inflation data that could provide fresh clues on when the Federal Reserve will cut interest rates.
Centralised model to overcome rubber worker shortage, Parliament told
The government is developing a centralised consolidation and clustering model to address local and foreign labour shortages in the rubber industry’s upstream sector.
US SEC to vote on long-awaited climate disclosure rule, notice says
Wall Street's top regulator will vote on March 6 on whether to adopt rules requiring U.S.-listed companies to report climate-related risks, the agency said in a notice on Wednesday, in a potentially major overhaul of U.S. disclosure rules.
US economy surprises with faster than expected growth
The US economy grew faster than expected in the final months of last year, driven by robust household and government spending.
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