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Taiwan April export orders beat forecasts, but outlook cautious on US tariffs
Export orders +19.8 y/y vs +10.0% Reuters poll forecastOrders from China +5.7% y/y vs -5.3% in prior monthMinistry sees May orders between +12.5% and +16.6% y/yMinistry cautious about outlook given geopolitical risksTAIPEI, May 20 (Reuters) - Taiwan's export orders rose more than expected in Apr...Reuters
Tue, May 20
Germany's VCI says chemical sector sales grew 1.8% in 1st quarter, confirms outlook
May 20 (Reuters) - Quarterly sales in Germany's chemical industry grew 1.8% from last year, helped by higher demand and pull-forward effects from U.S. customers stocking up, industry lobby VCI said on Tuesday, but warned the negative market sentiment would keep weighing on the sector.High produc...Reuters
Tue, May 20
China's Xi calls for a stronger manufacturing industry, Xinhua reports
BEIJING, May 20 (Reuters) - Chinese President Xi Jinping called for continuous efforts to build a stronger manufacturing industry, the official Xinhua news agency reported on Tuesday. Xi stressed the need for the country to be self-reliant and to master core technologies on a visit to a bearings man...Reuters
Tue, May 20
Vietnam says PetroVietnam to increase crude oil purchases from ExxonMobil
HANOI, May 20 (Reuters) - Vietnam's finance ministry said on Tuesday that state-owned energy company PetroVietnam is looking to increase crude oil purchases from Exxon Mobil XOM.N, following a working visit with several Vietnamese firms to the United States.The ministry said it held talks with U...Reuters
Tue, May 20
Vietnam says second round of trade talks started in Washington
HANOI, May 20 (Reuters) - Vietnam's trade ministry said a second round of trade negotiations with the United States has started in Washington, with the Southeast Asian country hoping to avoid a threatened 46% tariff rate.The second round of talks began on Monday and will run until May 22, the mi...Reuters
Tue, May 20
China April soy imports from Brazil fall 22.2% vs year earlier
BEIJING, May 20 (Reuters) - China's soybean imports from Brazil fell 22.2% in April from a year earlier, data showed on Tuesday, as harvest delays, logistics issues and prolonged customs clearance disrupted shipments. China imported 4.60 million metric tons of the oilseed from Brazil last month,...Reuters
Tue, May 20
Fed officials take cautious view on US markets amid downgrade
NEW YORK, May 19 (Reuters) - U.S. Federal Reserve officials speaking on Monday took on cautiously the ramifications of the latest downgrade of the U.S. government’s credit rating and unsettled market conditions as they continued to navigate a very uncertain economic environment.Reuters
Tue, May 20
