US addition of Malaysia, Singapore to ‘monitoring list’ over currency practices met with ridicule AsiaOne
The United States’ move on Wednesday to include Southeast Asian economic powerhouses Malaysia, Singapore and Vietnam on a list of countries it is …
Trump’s tariff threat to Mexico may upend trade deal, undermine the economy The Washington Post
Business leaders reacted with dismay to the president’s decision to impose a new 5 percent tariff on goods from Mexico to force the Mexican government to do …
Coventry opens state’s first furniture bank WPRI 12 Eyewitness News
Coventry is launching a first-of-its-kind furniture bank to help families in need and to reduce the town’s trash bill.
Yes, India’s Economy Is Growing, but Can You Trust the Data? The New York Times
NEW DELHI — Prime Minister Narendra Modi of India won re-election last week with what seemed to be rousing support for his market-oriented economic policies — yet few in India can agree on just how much growth or unemployment occurred in his first term. The Indian government’s official data shows the economy expanding 7 to 8 percent a year, rivaling or exceeding China since he took office in 2014. But changes in India’s statistical processes, particularly tracking whether jobs were created or lost under Mr. Modi, have prompted allegations of political interference and questions about data q…
Crypto Giant Coinbase Hints at First-Ever U.S. Bitcoin Margin Trading CCN
By CCN: For years, the global bitcoin margin trading market has been dominated by BitMEX, which at one point reached a daily volume of $10 billion on May 12, …
China’s ‘nuclear option’ in the trade war could be a dud CNBC
China weaponizing its massive holdings of U.S. Treasuries by dumping them on the market would inflict serious damage to the Chinese economy.
Only five Dow stocks have gained in May as trade war drags on CNBC
Just five Dow components were poised for May gains Thursday afternoon, a reflection of the effect the trade war is having on Wall Street.
Stock Market News: Dollar Tree Breaks the Buck; Has National Beverage Lost Its Fizz? Yahoo Finance
The stock market initially opened higher Thursday morning, bouncing back from losses the previous day as investors tried to look at favorable U.S. economic …
Bank agrees to oversee trust of Native Hawaiian heiress Hawaii News Now
A Hawaii bank has agreed to supervise the trust of a 93-year-old Native Hawaiian heiress considered the last living Hawaiian princess.
Brazil economy contracts for the first time since 2016 BBC News
Brazil’s economy shrank in the first three months of the year for the first time since 2016, when the country was in recession. It contracted by 0.2% compared with …
