China Enacts New Customs Duties Law
Beijing, April 28, 2024 – In a significant move aimed at promoting a more open economy, China has officially passed a new law on customs duties, state media Xinhua reported on Friday.
Beijing, April 28, 2024 – In a significant move aimed at promoting a more open economy, China has officially passed a new law on customs duties, state media Xinhua reported on Friday.
The Bank of Japan (BOJ) concluded its two-day policy meeting on Friday with the decision to keep its policy rate unchanged, a move that further pressured the Japanese yen, driving it to a 34-year low against the U.S. dollar.
The International Monetary Fund (IMF) is set to enhance its partnership across the Middle East with the inauguration of a new regional office in Riyadh, Saudi Arabia.
In a major move affecting the automotive industry, four leading car manufacturers, including both domestic and international brands, announced recalls totaling approximately 207,000 vehicles due to various manufacturing defects.
Tesla Inc., the leading US electric vehicle manufacturer, announced a significant decline in its financial performance for the first quarter of 2024. The company reported a 9 percent drop in total revenue, which fell to $21.3 billion compared to the same period last year.
The Chinese yuan saw a marginal increase against the U.S. dollar, edging up 3 pips to settle at a central parity rate of 7.1043, as reported by the China Foreign Exchange Trade System (CFETS) on Monday.
Kia has announced the launch of personalized NBA-themed Display Themes for the EV9 model, set to revolutionize the driving experience. EV9 owners can infuse their vehicle’s cockpit with the vibrant colors and iconic logos of their beloved NBA teams, enhancing their connection to the game both on and off the court.
The trading week concluded on a mixed note for U.S. stocks as investors grappled with escalating geopolitical conflicts and persistent inflationary pressures.
In a strategic move aimed at fostering the growth of cross-border e-commerce, Malaysia and Amazon Global Selling have announced a collaboration set to empower Malaysian businesses and amplify their presence in the global marketplace.
Toyota has unveiled the pricing details for the highly anticipated 2025 Toyota Camry, showcasing a fusion of cutting-edge features, enhanced performance, and a stylish redesign. Priced starting from $28,400, the latest Camry is set to redefine the driving experience.