The weakening of the US dollar is set to slide even further, but its importance as the world’s reserve currency is unlikely to diminish, according to analysts. The greenback had benefited when investors flew to safety amid the pandemic, which carried it to a half-and-a-half-year high in March. But now …
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National Committee for Development and Reform announced that we are ready to launch futures for iron ore in Beijing, China. TPG | Getty Images Iron ore prices have risen this year after many years as the Chinese government promotes infrastructure cuts, and commodity prices themselves rise amid a global pandemic. …
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Top negotiators from China and the United States at trade talks in Beijing on March 29, 2019. Nicolas Asfouri | AFP | Getty Images The US and China have agreed to return to the negotiating table in the coming days to review the progress of their “phase one” trade agreement, …
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Maersk containers aboard the Hammonia Husum container ship as it leaves the port of Portsmouth. (Photo by Andrew Matthews / PA Images via Getty Images) Andrew Matthews | PA images | Getty Images Maersk, the largest container company in the world, hit profit expectations in the second quarter on Wednesday, …
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China’s Ministry of Commerce said on Tuesday it was launching an anti-dumping investigation into some wines imported from Australia. Australian Federal Trade Minister Simon Birmingham said in a statement that Chinese authorities “Australia have also advised that they consider a request to launch an investigation into spending.” “This is a …
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