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4 mins read

Mexico is trying to be best new trade buddies with both the US and China — but it might not be able to handle the pressure

Mexico is now America's top trade partner and has benefited from acting as a middleman between US a…

Cork Gaines   


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2 mins read

2 charts that show how Mexico overtook China as America's top global trade buddy

US supply chains are changing after former President Trump launched a trade war against China in 20…

Huileng Tan   


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1 min read

The dollar falls behind the yuan for the first time in Chinese cross-border transactions

The yuan now accounts for 48% of China's cross-border transactions versus 47% for the US dollar.

Filip De Mott   


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US stock trade mixed as key bond yields near 5% and oil spikes again on Middle East conflict fears

Turmoil in the Mideast pushed crude oil prices higher, while Wall Street's bond market sell-off has…

Phil Rosen   


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1 min read

US stocks trade mixed to begin final trading week of 2022 as China further reopens economy

China announced it would reopen its borders next month as part of broader plans to loosen COVID res…

Phil Rosen   


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4 mins read

Sensex, Nifty50 edge lower in morning trade as energy and FMCG stocks drag

India’s benchmark indices Sensex and Nifty50 are likely to open in the green on Friday amid positiv…

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1 min read

Border patrol seized $290,000 worth of counterfeit Apple AirPods Pro and Watches at Virginia airport

US Customs and Border Patrol officers confiscated $290,000 worth of Apple Air Pods and Apple Watche…

Will Gendron   


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2 mins read

It's not just China India is now pushing a de-dollarization narrative by touting the use of the rupee for trade

The USD is still by far the world's most dominant currency, accounting for almost 90% of global for…

Huileng Tan   


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It's not just China —India's now pushing a de-dollarization narrative by touting the use of the rupee for trade

The USD is still by far the world's most dominant currency, accounting for almost 90% of global for…

Huileng Tan   


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India and China's deadly Himalayan stand-off is starting to cause economic damage in the Asian powerhouses

Chinese raw materials used by Indian businesses are not passing entry clearance, according to Bloom…

Shalini Nagarajan   


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1 min read

US stocks edge higher as investors weigh China's COVID surge and reopening of its borders

Investors are weighing the reopening of China's borders against persistently rising Covid-19 infect…

Brian Evans   


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2 mins read

Huileng Tan   


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US Customs and Border Protection chief resigns after initially declining Biden administration request to step down

"We are thankful to Commissioner Magnus for his contributions over the past year and wish him well,…

John L. Dorman   


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4 mins read

5 ways Russia's been sidestepping Western sanctions and keeping its economy alive, from switching to the Chinese yuan and dabbling in ghost trades

Russia has managed to keep its economy humming by skirting economic sanctions in various ways amid …

Huileng Tan   


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2 mins read

QAnon adherents are trawling the border to pick up migrant children under the belief that they're being trafficked by pedophiles: report

A band of QAnon followers guided by a conspiracy theory is intercepting tired and hungry migrant ch…

Cheryl Teh   


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1 min read

COVID-19: Sikkim not to host Mansarovar Yatra, border trade through Nathula Pass

The state government is assessing the losses incurred by various stakeholders due to COVID-19 and w…

PTI   


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1 min read

Psaki rips 'unnecessary' truck inspections ordered by Texas Gov. Abbott along the Mexico border

Mexican truckers have been protesting at the border for at least two days, causing major traffic de…

Rebecca Cohen   


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2 mins read

North Korea and Russia are ramping up trade in oil, coal and weapons as Ukraine war sanctions send Moscow to pariah state

Satellite images show Moscow is turning to Pyongyang for economic support in its war efforts, the C…

Phil Rosen   


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Border agents in San Diego arrest man with 52 snakes and lizards in his clothing

Calling it a 'significant smuggling attempt,' border agents say there were 9 snakes and 43 horned l…

Laura Italiano