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A missile attack by Houthi rebels on a Belize-flagged ship has dashed hopes for an end to the shipping logjam between Asia and Europe just as freight rates were stabilising, with retail consumers expected to bear higher costs.
Germany's gross domestic product is now expected to grow by just 0.2% this year, as the country wades in "tricky waters," German Economy Minister Robert Habeck said Wednesday.
WASHINGTON -- Donald Trump will likely consider a two-step plan to sharply increase duties on Chinese goods if he is elected president again in November and may threaten Japan and Europe with higher tariffs to force them to open up their markets more to American products.
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Amazon founder and executive chairman Jeff Bezos unloaded more than 14 million shares of his company valued at roughly $2.4 billion, bringing the total sold since the start of the month to 50 million.
This is CNBC's live blog covering Asia-Pacific markets.
Vietnam is set to see the sharpest spike in wealth growth over the next decade as it cements its status as a global manufacturing hub, according to a report by global wealth intelligence firm New World Wealth and investment migration advisors Henley & Partners.