News

According to a report by Jinse Finance, Bank of America cited EPFR Global data showing that in the week of July 2, emerging market debt funds saw an inflow of $3.1 billion, marking the 11th consecutive week of inflows. During the same period, emerging market equity funds experienced an outflow of $500 million, with a cumulative inflow of $7.8 billion so far in 2025, and Brazil received an inflow of $915 million.

According to Jinse Finance, on July 4, the Cambodian government announced that it had discussed and reached a consensus with the United States on a joint statement within the framework of a trade agreement concerning reciprocal tariffs. Details such as tariff rates have not yet been disclosed. The Cambodian side revealed that on the morning of the 4th, Cambodian Deputy Prime Minister Sun Chanthol and Sarah Ellerman, Assistant U.S. Trade Representative for Southeast Asia and the Pacific, held online consultations. The joint statement will be released soon. In April, U.S. President Trump proposed a 49% reciprocal tariff rate to Cambodia, the highest in Southeast Asia. Cambodia has a high proportion of exports to the U.S. in sectors such as apparel. If the planned tariffs are imposed, it will have a serious impact on the employment environment and other areas. (Nikkei News)