International Trade

China set to bar more US corn as GM ban drags on

Reuters | January 24, 2014 | International Trade

China is set to keep rejecting U.S. corn shipments containing an unapproved genetically modified strain at least until the end of March, shrugging off pressure from Washington to swiftly approve the variety developed by crop chemicals giant Syngenta AG. Read More »

US military sees risks in China-Japan tensions, seeks restraint (Updated)

Reuters | January 24, 2014 | International Trade

The top U.S. military commander in the Asia-Pacific region acknowledged his concern on Thursday over entrenched tensions between Japan and China, a day after Japan’s prime minister evoked comparisons to Britain and Germany before World War One. Read More »

Bridgestone buys Indonesian cargo

Reuters | January 23, 2014 | International Trade

Bridgestone Corp, the world's largest tire maker, purchased Indonesian rubber for nearby shipments at prices below 100 U.S. cents a pound, offering some respite to an otherwise depressed physical market, dealers said. Read More »

IBM misses revenue targets again after stumbling in China

Reuters | January 23, 2014 | International Trade

IBM Corp missed revenue expectations for the fourth consecutive quarter as the world's biggest technology services company grappled with weakening demand for its servers and storage equipment, particularly in growth markets like China. Read More »

How Caterpillar got bulldozed in China

Reuters | January 23, 2014 | International Trade

Asia's top mergers and acquisitions bankers gathered two years ago at the swanky Island Shangri La in Hong Kong to celebrate the top deals of 2012. As the transactions were being toasted, one was unraveling. Read More »

China’s Wanxiang plugs Fisker bid, open to Tesla ties

Reuters | January 23, 2014 | International Trade

Billionaire Lu Guanqiu, a former blacksmith's apprentice who built China's biggest auto parts company, says he has an edge over a rival bid for bankrupt U.S. plug-in hybrid car maker Fisker Automotive, and would welcome ties with Tesla Motors Inc., another U.S. electric car maker. Read More »

Tesla unveils pricing strategy for China

Reuters | January 23, 2014 | International Trade

U.S. battery carmaker Tesla Motors Inc has unveiled what it describes as a "competitive" pricing strategy for China aimed at kick-starting sales in the world's biggest auto market, where demand for luxury cars has been booming. Read More »

Lenovo to buy IBM’s low-end server business in China’s biggest tech M&A

Reuters | January 23, 2014 | International Trade

Lenovo Group Ltd has agreed to buy IBM Corp's low-end server business for $2.3 billion as the Chinese PC giant grabs another piece of the computing world in a long-awaited deal. Read More »

China lifts Johnson Controls revenue above estimates

Reuters | January 23, 2014 | International Trade

Johnson Controls Inc reported a fiscal first-quarter profit that met Wall Street expectations and reaffirmed its fiscal 2014 outlook, while sales beat forecasts, helped by higher automobile production, particularly in China. Read More »

US sees hurdles to China joining Pacific trade pact

Reuters | January 23, 2014 | International Trade

Washington wants progress on an investment treaty with Beijing before it considers expanding an eventual Pacific-region trade pact to include China, a top U.S. official said. Read More »

Boeing 787 transponder failure causes Air India return to London

Reuters | January 23, 2014 | Air Cargo | International Trade

A Boeing Co 787 Dreamliner operated by Air India Ltd AIN.UL this week returned to London due to a communications problem, but has since been operational, the Indian state-run carrier said. Read More »

Sharp says to end solar panel production in US by end-March

Reuters | January 23, 2014 | International Trade

Japan's Sharp Corp said it would stop making solar panels in the United States by the end of March, extending its overhaul of unprofitable operations in response to fierce competition from low-cost Chinese rivals. Read More »

North Asia trio looks to export, consumption boost in 2014, China lags

Reuters | January 23, 2014 | International Trade

The first weeks of 2014 showed North Asia's manufacturing and export giants enjoying mixed fortunes, with South Korea and Japan starting the year positively, while China, the biggest of the trio, was still struggling to regain momentum. Read More »

Russia to support domestic car industry with subsidies

Reuters | January 23, 2014 | International Trade

Russia plans to support its struggling auto industry with subsidies of up to 271 billion roubles ($8 billion) in the three years to 2016, the government said. Read More »

StederGroup moving reels

AJOT | January 21, 2014 | International Trade

Stedergroup, a member of the Worldwide Project Consortium WWPC for The Netherlands, has handled a prestigious shipment of three heavy cable reels from Italy to the Netherlands. Read More »

China sets final duties on U.S. solar materials

Reuters | January 20, 2014 | International Trade

China hit the United States with final anti-dumping and anti-subsidy duties on imports of solar-grade polysilicon on Monday, the latest move in what has been a contentious trade battle in the solar industry. Read More »

China’s 2013 economic growth dodges 14-year low but further slowing seen

Reuters | January 20, 2014 | International Trade

The chance that the world's second-largest economy may decelerate in coming months was underscored on Monday by data that showed growth in investment and factory output flagged in the final months of last year. Read More »

Asia readies for China data; Deutsche surprises

Reuters | January 20, 2014 | International Trade

China, while Deutsche Bank soured sentiment by reporting a surprise loss and falling revenues. Read More »

Russia’s Uralkali agrees H1 supply contract with China

Reuters | January 20, 2014 | International Trade

Russia's Uralkali has agreed to sell 700,000 tonnes of potash to Chinese importers at a price of $305 per tonne on a cost and freight (CFR) basis in the first half of 2014, a source familiar with discussions told Reuters. Read More »

Pacific trade talks fall short on environmental protection

Reuters | January 16, 2014 | International Trade

An ambitious trade pact being negotiated among Pacific Rim nations so far fails to properly protect endangered species and could undermine existing safeguards for the environment, environmental groups said. Read More »