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MOFCOM says China and the US are soliciting public comment on tariff-reduction arrangements and will push for prompt implementation.

2026-07-23

MOFCOM says China and the US are soliciting public comment on tariff-reduction arrangements and will push for prompt implementation.

Other News
2026-07-23

IBM (IBM.N) reported Q2 2026 net income of $2.17 bln, down from $2.194 bln a year earlier and below the $2.381 bln market consensus.

IBM (IBM.N) reported Q2 2026 net income of $2.17 bln, down from $2.194 bln a year earlier and below the $2.381 bln market consensus.
2026-07-23

Hyundai Motor said Q2 operating profit for the three months to June 30 was KRW 2.85 tln (USD 1.9 bln), down about 21% YoY and below analysts’ KRW 3.1 tln forecast. Revenue rose roughly 2% to KRW 49.2 tln, a quarterly record. The company cited weaker

Hyundai Motor said Q2 operating profit for the three months to June 30 was KRW 2.85 tln (USD 1.9 bln), down about 21% YoY and below analysts’ KRW 3.1 tln forecast. Revenue rose roughly 2% to KRW 49.2 tln, a quarterly record. The company cited weaker global retail vehicle sales, U.S. cancellation of EV support measures and intensifying competition—particularly from Chinese automakers—as key demand pressures; tariffs are also weighing on performance in Europe and Asia despite increased North American sales. Wage talks with unions remain deadlocked, and strike-related stoppages are costing the company millions of dollars per hour.
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