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From Seoul to Mexico City, pressure mounts to ease US oil export ban

Reuters | September 02, 2014 | International Trade

Washington is facing growing international pressure to ease its long standing ban on crude oil exports, with South Korea and Mexico joining the European Union in pressing the case for U.S. oil shipments overseas. Read More »

US sets steep preliminary duties on Chinese steel wire rod imports

Reuters | September 02, 2014 | International Trade

The U.S. Department of Commerce set preliminary duties of up to 110 percent on imports of carbon and alloy steel wire rod from China after ruling the products were being sold below cost in the U.S. market. Read More »

US business lobby says concerned China antitrust probes unfair

Reuters | September 02, 2014 | International Trade

Foreign companies are increasingly concerned they are being targeted by Chinese regulators, a U.S. business lobby said, as a Chinese antitrust agency defended probes into firms such as U.S. chipmaker Qualcomm Inc. Read More »

McDonald’s to boost China supplier audits after food safety scandal

Reuters | September 02, 2014 | International Trade

McDonald's Corp will increase the number of audits it conducts of suppliers in China, the firm said, after a food scandal in July dented China sales at the U.S. fast food chain and rival Yum Brands Inc . Read More »

China gives Microsoft 20 days to provide explanation in anti-trust probe

Reuters | September 02, 2014 | International Trade

A Chinese anti-trust regulator said it has given Microsoft Corp 20 days to reply to queries on the compatibility of its Windows operating system and Office software suite amid a probe into the world's largest software company. Read More »

China won’t force foreign auto parts makers to form local JVs: EU trade body

Reuters | September 02, 2014 | International Trade

The European trade body in China said Beijing is not planning to force foreign auto parts suppliers operating in the country to form local joint ventures, dismissing a report last week that had stirred concern among European firms. Read More »

China opposes proposed EU sanctions against Russia

Reuters | September 02, 2014 | International Trade

China opposed additional sanctions against Russia over accusations Moscow was sending troops into Ukrainian territory, saying the European Union's push to draw up more measures would only complicate the crisis. Read More »

Indonesia posts small trade surplus on weak economic activity

Reuters | September 02, 2014 | International Trade

Indonesia's trade balance returned to a small surplus in July due to a sharp fall in imports as economic activity slowed during the Muslim fasting month in Southeast Asia's largest economy. Read More »

South Korea exports fall in August, weak China demand drags on growth

Reuters | September 02, 2014 | International Trade

A private-sector survey also found new orders for South Korean exporters declined last month, suggesting that domestic consumption would have to substantially improve to offset some of the external headwinds. Read More »

South Korea exports fall in August, weak China demand drags on growth

Reuters | September 02, 2014 | International Trade

A private-sector survey also found new orders for South Korean exporters declined last month, suggesting that domestic consumption would have to substantially improve to offset some of the external headwinds. Read More »

China anti-trust probes not protectionist, regulator says

Reuters | September 02, 2014 | International Trade

China's latest antitrust probes, which have hit firms such as Microsoft and Volkswagen AG, are not protectionist tools that favor domestic firms, an official of the country's price regulator told the official China Daily. Read More »

South Korea lifts ban on beef with feed additive

Reuters | September 02, 2014 | International Trade

South Korea has lifted a ban on the use of animal feed additive zilpaterol in beef, opening the door to imports containing the growth enhancer as well as domestic sales of the product. Read More »

Austria takes harder line on Russia as EU sanctions loom

Reuters | September 02, 2014 | International Trade

Austrian Chancellor Werner Faymann took a tougher line on Russia's role in Ukraine, blasting Moscow's "deception and salami tactics" in the conflict and saying Austria was prepared to pay the price of tougher sanctions. Read More »

Czechs seek to modify proposed EU sanctions, warn of escalation

Reuters | September 02, 2014 | International Trade

The Czech Republic wants to modify some parts of the European Union's proposed new trade measures against Russia, Prime Minister Bohuslav Sobotka said, warning that escalating sanctions was risky. Read More »

An apple a day keeps Russian food embargo at bay, says Berlin

Reuters | September 02, 2014 | International Trade

Europeans should eat more fruit and vegetables to remedy the impact of Russian restrictions on food imports from the West, Germany's agriculture minister said. Read More »

Morgan Stanley plans natural gas export plant in new commodities foray

Reuters | September 02, 2014 | Ports & Terminals

Morgan Stanley has quietly filed plans to build and run one of the first U.S. compressed natural gas export facilities, the first sign the bank is plunging back into physical commodity markets even as it sells its physical oil business. Read More »

Hamburg Süd: Christening of San Christobal in South Korea

AJOT | September 02, 2014 | Liner Shipping

Hamburg Süd celebrated the christening of its container ship “San Christobal” with customers and business partners at the Hyundai Heavy Industries shipyard in Ulsan, South Korea. Read More »

Sappio appointed COO of SeaCube Container Leasing Ltd.

AJOT | September 02, 2014 | Liner Shipping

Container leasing leader SeaCube Container Leasing Ltd. (”SeaCube”) has named Robert Sappio, a former longtime executive at APL, as its new Chief Operating Officer, effective August 25, 2014. Read More »

New shipping agency set to bring radical change to the industry

AJOT | September 02, 2014 | Liner Shipping

The shipping industry is set to see an unprecedented paradigm shift with the launch of Wave Shipping. Read More »

Evergreen continues to upgrade its Intra-Asia service network

AJOT | September 02, 2014 | Liner Shipping

Evergreen Line is to partner with Mariana Express in launching a joint South China- East Malaysia (SEM) Service. Read More »

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