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Trade asian news

It's up to the developed world to save global trade - asia.nikkei.com - Malaysia

It's up to the developed world to save global trade

Tengku Zafrul Aziz is Malaysia's minister of investment, trade and industry.

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FRANCESCA REGALADO - Nikkei staff writer - Thai construction giant's shares plunge 30% after $29.5m loss - asia.nikkei.com - Thailand -  Bangkok

Thai construction giant's shares plunge 30% after $29.5m loss

BANGKOK -- Thai construction company Italian-Thai Development resumed trading on the Bangkok bourse Monday, only for its share price to slide 30.6%, after the company reported an annual loss of 1 billion baht ($29.5 million) last week. 

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Nikkei staff writers - Japan chipmaker Rapidus to receive $3.9bn more in government aid - asia.nikkei.com - Japan -  Tokyo

Japan chipmaker Rapidus to receive $3.9bn more in government aid

TOKYO -- Japan's Ministry of Economy, Trade and Industry will provide another 590 billion yen ($3.89 billion) in support for chipmaker Rapidus in fiscal 2024 as it looks to foster domestic manufacturing of advanced semiconductors.

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Lori Ann LaRocco - Railroad CSX adding new freight route on Tuesday to avoid Port of Baltimore after bridge collapse - cnbc.com - New York -  New York -  Baltimore - state New Jersey - Baltimore

Railroad CSX adding new freight route on Tuesday to avoid Port of Baltimore after bridge collapse

CSX is starting a new dedicated freight rail service between Baltimore and New York for its clients on Tuesday to help mitigate the trade disruption as a result of the closure of the Port of Baltimore after the cargo vessel Dali collided with the Francis Scott Key Bridge leading to its collapse on March 26.

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Lee Ying Shan - Gold prices hit another record high after fresh U.S. data spurs Fed cut expectations - cnbc.com - China

Gold prices hit another record high after fresh U.S. data spurs Fed cut expectations

Gold prices scaled to another record high Monday, propelled by U.S. interest rate cut expectations and the metal's appeal as a safe haven asset.

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Donald Trump - William Pesek - Why Japan is losing sleep over nightmare of a Trump re-election - scmp.com - Japan -  Tokyo - Usa - region Asia-Pacific

Why Japan is losing sleep over nightmare of a Trump re-election

Tokyo officialdom is having a low-grade panic over the spectre of another Donald Trump presidency, an event sure to make economic risk great again across the Asia-Pacific region if it comes to pass.

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Xi Jinping - Dong Jun - Prabowo Subianto - Li Qiang - Indonesian President-elect Subianto visits China in bid to strengthen ties - apnews.com - Japan - China - Usa - Philippines -  Beijing - Indonesia -  Jakarta - county Cooper

Indonesian President-elect Subianto visits China in bid to strengthen ties

BEIJING (AP) — Indonesian President-elect Prabowo Subianto pledged to continue his country’s friendly policy toward China as he met Monday with Chinese leader Xi Jinping in Beijing.

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Spencer Kimball - Oil prices rise adding to strong first quarter gains - cnbc.com - Russia - state Texas - Ukraine

Oil prices rise adding to strong first quarter gains

Crude oil futures rose in the first day of second quarter trading Monday, adding to commodity's streak of gains this year.

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