Financial Times
Leaders opt for dialogue with Beijing rather than immediate action over fears of retaliation
Bloomberg Markets
Australian beef exports to China will face an additional 55% tariff starting this weekend after hitting Beijing’s annual quota limit, which could impact trade flows and prompt producers to seek new markets for red meat.
Financial Times
Global index provider has warned it could downgrade south-east Asian country to a ‘frontier market’
Bloomberg Markets
New Zealand exports surged to a second straight monthly record in May, driven by meat shipments to the US and milk consignments, as farmers continue to benefit from strong demand and high commodity prices.
Bloomberg Markets
A blazing rally in India’s short-end bonds, driven by plans to attract foreign capital, may fizzle out because the central bank is expected to drain excess cash from the financial system, according to analysts.
Bloomberg Markets
The pound is set to face growing pressure as its recovery from the post-Brexit selloff has made it the most overvalued currency among major peers, according to Goldman Sachs Group Inc.
Yahoo Finance
Bloomberg Markets
The US has begun a fresh tariff investigation into Germany over what it called “persistent underpayment for innovative pharmaceutical products,” setting the stage for levies on its goods in retaliation.
Bloomberg Markets
South Korea’s producer prices rose in May at the fastest pace in nearly four years, as higher energy costs and a broad-based increase in industrial prices continued to filter through the economy.
Bloomberg Markets
Valar Atomics Inc., a Southern California-based startup, has reached a key milestone in its effort to develop small reactors under a US program aimed at accelerating the deployment of nuclear power.