China has officially launched its bid to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). On Sept. 16, Beijing filed its formal application to become part of the 11-member trade pact—whose members include Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, and Vietnam—by sending a notification to New Zealand’s trade minister, the designated CPTPP member who serves as the repository for administrative matters.
DBS ups Hutchison Port Holdings Trust's TP to 33 US cents on strong throughput growth and resilient earnings
DBS Group Research has kept “buy” on Hutchison Port Holdings Trust (HPH Trust) with a higher target price of 33 US cents (45 cents) from 32 US cents previously.
Australia has joined New Zealand to ratify the Regional Comprehensive Economic Partnership (RCEP) trade deal, ministers for both nations said on Wednesday (Nov 3).
The deal is the world’s largest trade pact, representing about 30 per cent of the global population and gross domestic product.