How short of automotive chips? Even the price of raw material copper has risen According to a report from the Korea Automobile Manufacturers Association (KAMA) on the 25th, global car sales from January to April this year increased by 32.4% compared…
Oil futures tumbled more than $5 a barrel on news that the Biden administration is considering releasing about 1 million barrels a day from the U.S. Strategic Petroleum Reserve (SPR) for several months to cool surging crude prices.Brent crude futures…
Chinaapplies to join Trans-Pacific Partnership (CPTTP) Chinahas applied to join a major Asia-Pacific trade partnership that the USabandoned several years ago, as the world second-largest economy tries tostrengthen its ties in the region. Chinese Comm…