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Trade asian news

Katrina Bishop - Ruxandra Iordache - Reuters - Saudi oil giant Aramco's shares rise after stock sale set to raise $11.2 billion - cnbc.com - Saudi Arabia

Saudi oil giant Aramco's shares rise after stock sale set to raise $11.2 billion

Shares of Saudi Arabia's Aramco rose on Sunday following a stock sale that's set to raise the state oil company around $11.2 billion.

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Keith Gill - GameStop tumbles 40% as 'Roaring Kitty' trader says little new about retailer on livestream - cnbc.com

GameStop tumbles 40% as 'Roaring Kitty' trader says little new about retailer on livestream

Keith Gill, better known as "Roaring Kitty" on X and YouTube and as "Deep-------Value" on Reddit, hosted his first livestream since the meme stock craze that took place three years ago.

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Turkey to impose 40% additional tariff on vehicle imports from China - asia.nikkei.com - China -  Beijing - Turkey -  Istanbul

Turkey to impose 40% additional tariff on vehicle imports from China

ISTANBUL (Reuters) -- Turkey will impose a 40% additional tariff on imports of vehicles from China to halt a possible deterioration of its current account balance and protect domestic automakers, the trade ministry said on Saturday.

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David Dodwell - Hong Kong needs ‘honest brokers’ to tell its story - scmp.com - China - Hong Kong -  Hong Kong

Hong Kong needs ‘honest brokers’ to tell its story

The paradox is that this restoration cannot necessarily rely on “retail” communication through mainstream international media, but instead on “wholesale” communications, most of which occurs out of the public eye, beyond the immediate reach of hothouse politics.

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Vladimir Putin - Sam Meredith - Cut off from the West, Putin says almost 40% of Russian trade turnover is now in rubles - cnbc.com - China - Russia - India -  Moscow - South Africa - Ukraine - Brazil

Cut off from the West, Putin says almost 40% of Russian trade turnover is now in rubles

Russian President Vladimir Putin said Friday that nearly 40% of the country's trade turnover is now in rubles as the share conducted in dollars, euros and other "non-friendly" Western currencies has fallen away.

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Evelyn Cheng - Reuters - China's exports grow more than expected in May, up by 7.6% - cnbc.com - China - Russia -  Beijing - Eu

China's exports grow more than expected in May, up by 7.6%

BEIJING — China's exports in May grew faster than expected, while imports missed forecasts, customs data showed Friday.

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Keith Gill - GameStop shares drop 28% after retailer posts 29% sales decline, reveals stock sale plan - cnbc.com

GameStop shares drop 28% after retailer posts 29% sales decline, reveals stock sale plan

GameStop, the video game retailer currently riding another wave of trading enthusiasm spurred on by the meme trader "Roaring Kitty," showed no signs of an operational turnaround in its dismal fiscal first-quarter results.

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Mia Nulimaimaiti - China’s exports surge in May, boosted by Asean, but US and EU tariff headwinds cloud outlook - scmp.com - China - Usa - Eu

China’s exports surge in May, boosted by Asean, but US and EU tariff headwinds cloud outlook

China’s exports remain under increasing pressure from intensifying trade frictions and looming tariffs from the United States and European Union, analysts said, despite shipments having accelerated in May for a second consecutive month – partly due to a surge in demand from Southeast Asia.

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