In a cruel irony in the Chinese Year of the Pig, outbreaks of African Swine Fever are forcing huge culls that could send pork prices to levels never seen before.
The same week U.S. President Donald Trump announced sweeping increases on tariffs against Chinese goods, Chinese buyers dropped orders for 3,247 metric tons of U.S. pork.
As Vietnam’s aviation sector booms, local upstart Bamboo Airways is embracing what it hopes will be a novel way of standing out in a crowded market: Golf.
President Trump’s tariff increase to 25 percent on $200 billion worth of Chinese goods took effect on Friday, ratcheting up tensions between the U.S. and China.
Domestic prices in Vietnam edged down slightly this week, prompting farmers to halt sales, while Indonesian premiums to July contract widened to compensate for a drop in global prices.
Rice export prices in Vietnam rose for the first time in six weeks as domestic buying picked up and fears of water scarcity in the country’s rice bowl grew.
Asian shares neared nine-month highs on Monday after U.S. Treasury Secretary Steven Mnuchin said he hoped U.S.-China trade talks were approaching a final lap.
Growth in developing Asia could slow for a second straight year in 2019 and lose further momentum in 2020, the Asian Development Bank (ADB) said on Wednesday.
