Saad Sayeed

4 weeks ago | cp24.com | Helen Reid |Saad Sayeed

Fast-fashion retailer Shein on Thursday said it would increase its testing of products this year, after the European Union warned of fines if it does not address the bloc's concerns about unsafe and dangerous products sold on its site. Shein said it targets 2.5 million product safety and quality tests in 2025, up from 2 million last year, and said it would spend US$15 million on compliance initiatives this year.

1 month ago | gurutrade.com | Rae Wee |Saad Sayeed |Lincoln Feast

Wall Street set for strong open after Monday's holiday Investors' focus on Nvidia earnings, Fed speeches Dollar headed for fifth-straight monthly decline SINGAPORE, May 27 (Reuters) - Shares were mixed on Tuesday as U.S. President Donald Trump's postponement of his threatened 50% duties on European Union shipments reinforced the unpredictability of his trade policies and kept investor sentiment fragile.

1 month ago | gurutrade.com | Stella Qiu |Wayne Cole |Saad Sayeed

SYDNEY, May 22 (Reuters) - Australian exporters are upbeat on their business outlook in China as U.S. tariffs could enhance their competitive edge in Chinese markets, a top central bank official said on Thursday. In a speech in Sydney, Reserve Bank of Australia (RBA) Deputy Governor Andrew Hauser said that during a recent trip to China he found confidence that Beijing would do what was needed to sustain economic growth.

1 month ago | today.westlaw.com | Nate Raymond |Sarah N. Lynch |Saad Sayeed

WASHINGTON (Reuters) -The United States announced on Monday the formation of a new unit that will crack down on federally-funded universities that have diversity, equity and inclusion policies using a civil anti-fraud law, the Justice Department said...

1 month ago | gurutrade.com | Vidya Ranganathan |Saad Sayeed

BEIJING/SHANGHAI, May 8 (Reuters) - China's central bank has approved foreign exchange purchases by some commercial banks to pay for gold imports under recently increased quotas, two people with direct knowledge of the matter said on Wednesday. The People's Bank of China's (PBOC) gold import quotas for the country's big banks determine how much bullion enters the world's leading consumer of the precious metal. It has in the past tweaked these quotas to help calibrate demand for dollars.