International Trade

Steel and grain flow freely from Ukraine’s ports despite stand-off

Reuters | March 04, 2014 | International Trade

Steel and grain exports continue to flow from key global supplier Ukraine via Black Sea terminals with ports operating normal schedules, despite concerns raised by the tense political backdrop, officials and traders said on Tuesday. Read More »

U.S. says it’s preparing sanctions against Russia over Ukraine

Reuters | March 03, 2014 | International Trade

The United States has a broad range of options available to it to act against Russia if tensions over Ukraine escalate and Washington is currently preparing sanctions against Moscow, a State Department spokeswoman said on Monday. Read More »

China HSBC manufacturing PMI hits seven-month low in February

Reuters | March 03, 2014 | International Trade

China's factory activity shrank again in February as output and new orders fell, a private survey found on Monday, reinforcing concerns of a slowdown in the world's second largest economy. Read More »

China’s manufacturing, services sectors diverge in February

Reuters | March 03, 2014 | International Trade

China's services sector regained some momentum in February but its manufacturing sector struggled, separate surveys showed on Monday, with the divergence adding to the difficulty in assessing the strength of the economy at the start of 2014. Read More »

EU-US trade talks face growing hostility, ministers warn

Reuters | February 28, 2014 | International Trade

The rise of anti-EU parties, reports of U.S. spying in Europe and accusations that a trade pact would pander to big companies have combined to erode public support for a deal that proponents say would dramatically increase economic growth. Read More »

US staring contest with Japan stretches out Pacific trade pact

Reuters | February 28, 2014 | International Trade

A standoff between the United States and Japan is holding up talks on a sweeping Pacific free trade pact and a lack of authority to push an eventual deal through the U.S. Congress without amendment may be undercutting Washington's hand. Read More »

Investor Ackman to detail Herbalife’s China business on call

Reuters | February 28, 2014 | International Trade

Billionaire investor William Ackman, who has long claimed Herbalife Ltd is a fraud, on Friday said he would provide proof next month that the nutrition and weight-loss company is running a pyramid scheme in China. Read More »

EU offer of free-trade pact with Ukraine still stands, Brussels ready to sign

Reuters | February 28, 2014 | International Trade

Ukraine would see the economic benefits of a free-trade deal with the European Union within weeks of signing the accord, helping the near-bankrupt nation's standing in the eyes of its creditors, the EU's trade chief said. Read More »

China environment ministry approves two Westinghouse reactors

Reuters | February 28, 2014 | International Trade

China's environment ministry has given the initial go-ahead for the construction of two new AP1000 nuclear reactors designed by U.S.-based Westinghouse in the eastern coastal province of Shandong, it said late. Read More »

China to abolish import duties on “important” hi-tech equipment

Reuters | February 28, 2014 | International Trade

China will abolish import duties on some "important" hi-tech equipment while reinstating others from March 1, to help accelerate the development of "strategic industries", state news agency Xinhua said. Read More »

EU-U.S. trade talks face growing hostility, ministers warn

Reuters | February 28, 2014 | International Trade

Free-trade talks between the United States and the European Union are in danger of being derailed by populist groups opposing everything from globalisation to multinationals, EU ministers and business leaders said on Friday. Read More »

Tycoon says protests could damage Hong Kong’s reputation

Reuters | February 28, 2014 | International Trade

Hong Kong tycoon Li Ka-shing, one of the wealthiest men in Asia, warned on Friday that planned protests to shut down Hong Kong’s central business district later this year would damage the Asian financial hub. Read More »

Hong Kong property tycoons bank on middle class to weather tough times

Reuters | February 28, 2014 | International Trade

When things get choppy at the top of the property ladder, it pays to have your feet planted on the middle rungs, which makes developers Cheung Kong (Holdings) and Sun Hung Kai Properties the best bets to weather the storm brewing in Hong Kong. Read More »

Fed extends comment period for new commodity rules

Reuters | February 27, 2014 | International Trade

The U.S. Federal Reserve gave market parties 30 more days to comment on its plan to submit Wall Street banks to greater restrictions in dealing physical commodities, the central bank said on Thursday. Read More »

Exports of US construction equipment fell 25% in 2013

Reuters | February 27, 2014 | International Trade

Foreign sales of U.S.-made construction equipment dropped sharply in 2013, snapping a three-year export surge that had been one of the bright spots in the country's halting economic recovery, according to a report released on Wednesday by a leading industry trade group. Read More »

PepsiCo re-enters ‘Magic Kingdom’ with Shanghai Disney deal

Reuters | February 27, 2014 | International Trade

PepsiCo Inc has signed a deal to supply beverages to Walt Disney Co's first China resort, breaking The Coca-Cola Co's quarter century monopoly over beverage supply to the U.S. theme park operator. Read More »

Russia to resume US pork imports from around March 10

Reuters | February 27, 2014 | International Trade

Russia plans to resume pork imports from the United States around March 10, Russia's veterinary and phytosanitary service (VPSS) said. Read More »

China suspends Polish pork imports over swine fever

Reuters | February 27, 2014 | International Trade

China has suspended imports of pork from Poland citing concerns over African swine fever (ASF) among wild boars, Poland's embassy to China was quoted as saying by Polish news agency IAR. Read More »

Cathay Pacific strengthens cargo presence in the US with new freighter service to Columbus

AJOT | February 27, 2014 | International Trade

Cathay Pacific Airways today announced that it will boost its freighter services into the United States by launching a twice-weekly scheduled service to Columbus, Ohio on 21 March 2014. Read More »

New threat to Brazil’s breadbasket: a pesky caterpillar

Reuters | February 27, 2014 | International Trade

Brazilian farmers are battling a voracious caterpillar that likely arrived from Asia, challenging the agricultural superpower’s widely touted mastery of tropical farming just as it is on the verge of becoming the world’s top soybean producer. Read More »