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Issue #589

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2014 Media Kit

International Trade

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India’s textiles, apparel exports to rise by 10% this year

Reuters | September 29, 2014 | International Trade

India's cotton and apparel exports are set to climb by around 10 percent this year as higher wages, political instability and concerns about workplace conditions in other producing markets steer international buyers toward Indian exporters, industry officials said. Read More »

Big shift in China economy to ‘disrupt’ Western retailers

Reuters | September 29, 2014 | International Trade

China's role in supplying cheap consumer goods to the West could end in coming years due to rising domestic consumption and worker pay, stoking inflation and unsettling retailers in Western markets, the chairman of logistics group Li & Fung warned. Read More »

Commodity Prices Retreat to Lowest Level of 2014: Scotiabank

Marketwired | September 29, 2014 | International Trade

Scotiabank’s Commodity Price Index lost ground in August, declining a sharp 5.4% month-over-month (m/m). According to the report, while the All Items Index remained 3.3% above the late 2013 bottom, commodity prices could well retest this low in September. Read More »

China to overhaul coal resource taxes

Reuters | September 29, 2014 | International Trade

China will impose a new resource tax on coal from Dec. 1 and will cancel a series of existing charges, its cabinet said on Monday, in a move to simplify the tax structure for struggling coal producers. Read More »

Russia Targets Oil Oligarch Yevtushenkov

Reuters | September 28, 2014 | Energy | International Trade

Russia moved to wrest control of an oil company from oligarch Vladimir Yevtushenkov on Friday, seizing his conglomerate Sistema's shares in the firm and deepening investors' fears the Kremlin wants to reclaim prized state assets. Read More »

US Joins Anti-Piracy Organization

AJOT | September 28, 2014 | International Trade | Liner Shipping

The U.S. will become the 20th nation to join the Regional Cooperation Agreement on Combating Piracy and Armed Robbery against Ships in Asia (ReCAAP). Read More »

US consumer sentiment strengthens in September

AJOT | September 28, 2014 | International Trade

In the US the consumer confidence posted a healthy gain in September due to more favorable prospects for the domestic economy as well as more favorable personal income expectations, according to the Thomson Reuters/University of Michigan Surveys of Consumers. Read More »

BHP Billiton to cut capital spending in its petroleum division

George Lauriat | September 26, 2014 | Energy | Discovery | International Trade | Ports & Terminals | Ports | Wet Bulk Port | Dry Bulk Port

BHP Billiton, the Australian mining and oil giant, will cut capital spending in its petroleum division by $279 million in 2015, the company announced in its annual report. The trend follows that of other major oil and gas companies. Major producers including Shell, Chevron and Total have all announced plans this year plans to pull back on capital expenditures. Read More »

USCG says Phnom Penh Autonomous Port no longer maintaining effective anti-terrorism measures.

AJOT | September 26, 2014 | International Trade | Liner Shipping | Ports & Terminals | Regulatory Issues

The U.S. Coast Guard has determined that the Phnom Penh Autonomous Port and the Sihanoukville Autonomous Port in Cambodia are no longer maintaining effective anti-terrorism measures. The previous exception of these ports from the actions required [imposition of conditions of entry on vessels arriving to the United States] is rescinded. Read More »

Brazil’s current account gap widens slightly in August

Reuters | September 25, 2014 | International Trade

Brazil's current account deficit widened slightly in August from a year ago as exports remained weak, but the external gap this year will likely not surpass that of 2013 despite a drop in commodity prices, the central bank said. Read More »

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