South Korea’s exports fell 8.7% in the first 20 days of September from the same period a year earlier due to holiday effects and amid signs of slowing growth in major trading partners, customs agency data showed on Wednesday. The country’s imports for the same 20-day period rose 6.1%, producing a trade deficit of $4.1 […]
Officials from the United States and Paraguay met this week in Washington to discuss ways to deepen trade ties between the two countries under a Trade and Investment Framework Agreement that entered into force in 2021, the U.S. said on Friday. The U.S. Trade Representative’s office said the first meeting of a trade and […]
The United States and 13 Indo-Pacific countries on Friday agreed on parameters for negotiating closer trade, environment and economic ties that U.S. Commerce Secretary Gina Raimondo said would boost investment and jobs in the partner countries. U.S. Trade Representative Katherine Tai said that India, the world’s largest democracy, did not initially join the U.S.-led […]
European gas prices surged, stocks slid and the euro sank on Monday after Russia halted gas flows via a major pipeline, sending another shock wave through economies in the region still struggling to recover from the pandemic. European Union governments are pushing through multi-billion euro packages to prevent utilities buckling under a liquidity squeeze […]
Japan’s manufacturing activity grew at its weakest rate in nearly a year in August, as businesses took a hit from worsening conditions in the global economy and declining demand from China and South Korea. The weaker expansion sends a warning sign about the outlook for global growth to policymakers hoping that the world’s third-largest […]
Turkey’s Finance Minister on Friday dismissed as “meaningless” concerns among Turkish businesses over a U.S. Treasury warning that they risked being penalised if they maintained commercial ties with Russians under sanctions. NATO-member Turkey has sought to strike a balance between Moscow and Kyiv by criticising Russia’s invasion and sending arms to Ukraine, while opposing […]
Germany will keep exporting electricity to neighboring France despite calling on people to help fend off winter shortages by saving energy at home, officials said Wednesday. Problems at French nuclear plants have driven up electricity prices there in recent months, prompting power companies in neighboring countries to sell excess energy to France. “Only […]
Más allá de representar una competencia para la industria mexicana, un eventual Tratado de Libre Comercio entre Estados Unidos y Taiwán podría favorecer a México a través del nearshoring, con el traslado de empresas taiwanesas a territorio mexicano, consideró José Abugaber, presidente de la Confederación de Cámaras Industriales de la República Mexicana (Concamin). Explicó […]
China’s coal imports from Russia jumped 14% in July from a year earlier to their highest in at least five years, as China bought discounted coal while Western countries shunned Russian cargoes over its invasion of Ukraine. China brought in 7.42 million tonnes of coal from Russia last month, data from the General Administration […]
Los precios del cobre subieron el jueves por primera vez en una semana, ya que las esperanzas de una sólida demanda en China contrarrestaron los temores sobre el ritmo de las subidas de las tasas de interés y la desaceleración del crecimiento económico. En China, el mayor consumidor mundial de metales, el banco central […]