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US launches investigation on auto imports

Note: This section contains information in English only.
Source: Dukascopy Bank SA
The Trump administration started a national security probe into truck and car imports that could cause implementation of new US tariffs, which would be painful for Asia's automakers.
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24 May 2018

Russia to supply China with ten Su-35 fighter jets this year

According to the Interfax news agency, Russia is set to deliver ten Su-35 fighter jets to China this year, with China to buy 24 jets in total amid their deal valued at nearly $2.5B.

24 May 2018

China sees good potential in relationships with Germany in AI, energy cars

The Commerce Ministry of China indicated the country's good potential in partnership with Germany in digitalisation, artificial intelligence and new energy cars sectors.

24 May 2018

Bank of Korea keeps rates, as inflation below target

The Bank of Korea kept the key interest rates unchanged for the sixth month in succession, as inflation growth was still below target, while trade frictions between China and the US raised fears to other economies.