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Thursday, July 10 2025
Bankruptcy Plans Halted as Industrial Player Takes an Interest in Argeo
It was reported on July 7 that Argeo and its Norwegian subsidiaries Argeo Survey, Argeo Robotics and Argeo Multiclient had resolved to file for bankruptcy as the group was in a challenging financial position, with limited…
Thursday, July 10 2025
Tariffs Drive U.S. Clothing Imports from China to 22-Year Low in May
The value of apparel imports from China to the U.S. fell in May to its lowest monthly level in 22 years, according to latest trade data, highlighting the impact of steep U.S. tariffs, Reuters reported. China has for years been…
Thursday, July 10 2025
Malaysia’s Central Bank Cuts Rates for First Time in Five Years
Malaysia’s central bank has finally joined its rate-cutting peers, lowering its benchmark interest rate for the first time in five years to support the economy, the Wall Street Journal reported. Bank Negara Malaysia on Wednesday…
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