Page 82 - Eco News Today

South Korea will cut tariffs from June on higher priced edible products, including pork and sugar, to help ease people's living costs, the finance ministry said on Tuesday.

Samsung and other foreign companies are pushing Vietnam to introduce a multi-million-dollar reform that would compensate them for higher levies they face from next year under a global overhaul of tax rules, a source involved in the talks said.

A look at the day ahead in U.S. and global markets from Mike Dolan

Singapore's private home prices have surpassed Hong Kong as the most expensive in Asia Pacific in 2023, while rents in the city-state were also the region's highest, the Urban Land Institute said on Tuesday.

Sri Lanka's central bank is expected to keep rates unchanged at its policy meeting this week as it continues to support the debt-laden economy amid persistently high inflation.

Turkey's sovereign bond prices rose more than two cents on the dollar on Tuesday as markets waited for President Tayyip Erdogan, the winner of Sunday's presidential election runoff, to decide on a cabinet to run economic policy.

A bipartisan deal to raise the $31.4 trillion debt ceiling faces its first test in Congress on Tuesday, setting up what could be a nail-biting week of voting before the US runs out of money to pay its bills.

British Prime Minister Rishi Sunak will hold talks with U.S. President Joe Biden next week when they will discuss improving economic ties and how to sustain military support for Ukraine in its conflict with Russia.

Wall Street was tipped for a strong open on Tuesday, while the cost of insuring against a U.S. debt default fell and the safe-haven dollar weakened in a sign of broad optimism across markets that a U.S. debt ceiling crisis might be averted.

Samsung and other foreign companies are pushing Vietnam to introduce a multi-million-dollar reform that would compensate them for higher levies they face from next year under a global overhaul of tax rules, a source involved in the talks said.