Month: April 2025

China’s offshore yuan—circulated outside China and more freely traded than the currency in the domestic market—hit a record low against the USD yesterday as US-China trade tensions escalated. It fell to $7.3948 in late...

Apparel prices remained stable in February, with CPI up +0.8 per cent year-over-year, while import prices held at +7 per cent above 2019 levels. Import volumes surged in recent months but slowed in February due to a high base....

The 104 per cent US tariff on Chinese chemical imports is set to raise production costs, strain supply chains, and trigger inflation across sectors like pharmaceuticals and agriculture. With limited alternatives, US firms would...