Tag : trade tensions

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Korean won hits new yearly low amid Trump tariff concerns

basrahdaily.com
The South Korean won fell sharply against the US dollar on Monday, reaching its lowest point of the year amid growing concerns over the economic...
Business

China’s factory activity contracts in January, marking economic challenges

basrahdaily.com
China’s economic activity unexpectedly contracted in January 2025, marking a challenging start to the year for the world’s second-largest economy. Official data from the National...
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Tencent and CATL shares drop amid U.S. military ties allegations

basrahdaily.com
Chinese stocks face mounting challenges despite initial optimism fueled by strong corporate performance and hopes for government stimulus. Major firms like Tencent and Contemporary Amperex...
Business

US launches investigation into China’s semiconductor industry practices

basrahdaily.com
The United States has launched an investigation into China’s semiconductor industry, citing concerns over anti-competitive practices that could undermine U.S. economic and national security interests....