The details of Mr. Trump's "historic" trade offensive in South East Asia show how asymmetrical the gains from these deals are: the US wins, and South East Asia bears the uncertain costs. Click to view...
Trump signed a series of trade and key minerals deals with Malaysia, Cambodia, Thailand and Vietnam on the sidelines of the South East Asia Nations Alliance summit, aimed at diversifying supply chains and addressing long-standing trade imbalances. Click to view...
US stock index futures were less volatile in the short term, with all three major stock index futures slightly higher. Jamison Greer, the US trade representative, said Washington expected to finalise trade deals with a number of South East Asia countries within weeks. "President Trump and I are proud of the work we have done together around these agreements and expect to finalise some of them in the coming months or even weeks," Mr. Greer said on the sidelines of a meeting of Asean economic mini...
On July 8, according to the website of the Ministry of Foreign Affairs, the spokesperson of the Ministry of Foreign Affairs announced that Wang Yi, a member of the Political Bureau of the CPC Central Committee and Foreign Minister, will attend the China-ASEAN Foreign Ministers' Meeting, the ASEAN and China-Japan-ROK Foreign Ministers' Meeting, the East Asia Summit Foreign Ministers' Meeting and the ASEAN Regional Forum Foreign Ministers' Meeting to be held in Kuala Lumpur, Malaysia from July 10 ...
On December 26, the South Korean government introduced "tourism revitalization measures". According to a statement from the Prime Minister's Office, South Korea will extend the visa-free period for group tourists from China and five South East Asia countries until next December.
On December 12th, Bank of East Asia announced a partnership with Hong Kong-based fintech company IDA to explore the feasibility of widespread adoption of digital finance by pegging a stablecoin at HK $1:1. The two sides will jointly explore an application case that can simplify the payment process and enhance the user experience. Bank of East Asia will act as a reserve bank and authorized mint to ensure compliance with regulatory frameworks while promoting fintech innovation.
As Nvidia strengthens its presence in South East Asia, the company's founder and CEO Huang Renxun has agreed to open an artificial intelligence research and development center in Vietnam. The project, along with the Viettel Group data center with Nvidia technology, will help develop advanced artificial intelligence in the country, Vietnam's Minister of Planning and Investment Nguyen Chi Dung said at a signing ceremony in Hanoi on Thursday. Nvidia will also acquire VinBrain, the artificial intell...
Golden Ten Futures, December 5th, Guosen Futures analysis pointed out that after the "double reverse" investigation landed, for polysilicon, short-term downstream demand will be further compressed, or bearish polysilicon prices. However, considering that the current polysilicon enterprises have suffered serious losses, the market demand is sluggish and the inventory is high, the spot price is forced to be lowered, the scale of production reduction is gradually expanded, and the output has been l...
On December 2nd, on the grounds that solar products from South East Asia are sold in the United States below the production cost price, the US Department of Commerce recently announced that it plans to impose anti-dumping duties of up to 271% on photovoltaic products from relevant countries. This plan has been questioned by the media and relevant countries. According to the preliminary ruling made by the US Department of Commerce after investigation, the proposed anti-dumping duties involve crys...
On November 30th, the US Department of Commerce made a preliminary ruling on November 29th local time, proposing to impose tariffs of 21.31% to 271.2% on solar panels from Cambodia, Malaysia, Thailand and Vietnam. Most of the solar panels installed in the United States are manufactured overseas, and about 80% of the imports come from the four target countries investigated by the Department of Commerce. The US Department of Commerce will make a final ruling on April 18, 2025, and the US Internati...