Hong Kong carrier Cathay Pacific said on Wednesday it would place a US$8.1 billion order for 14 Boeing jets, its first with the US aircraft maker for more than a decade.The airline said in a filing to the city’s stock exchange it would “purchase 14 Boeing 777-9 aircraft” and had “secured the right to acquire up …
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Since the start of US President Donald Trump’s global trade war, Taiwanese orchid grower Lee Tsang-yu has watched tariffs on his seedlings shoot from nothing to 20 percent.But, after weathering many economic crises, the 61-year-old seasoned farmer is digging in.Lee is cultivating new markets in Thailand and expanding in Vietnam, Indonesia and Brazil, while cutting …
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India’s central bank maintained its key interest rate at 5.50 percent on Wednesday, as US President Donald Trump ramped up threats to raise tariffs on New Delhi because of Russian oil purchases.The Reserve Bank of India (RBI) kept steady the repurchase rate, the level at which it lends to commercial banks, after a unanimous vote …
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