International Trade

Traders still shun new grain deals in Ukraine

Reuters | March 05, 2014 | International Trade

Foreign trading houses have not resumed concluding new grain exports contracts due to continued tensions between Ukraine and Russia, Ukraine’s Agriculture Minister Ihor Shvaika said on Wednesday. Read More »

Grain markets recall past, brace for volatility amid Ukraine crisis

Reuters | March 04, 2014 | International Trade

The crisis in Ukraine is roiling grains markets, but with wheat already harvested and shipped and global stockpiles of corn that can substitute for Ukrainian maize, it appears unlikely, at least for now, that there will be major global supply shocks. Read More »

S.Korea’s utilities jointly seek 650,000 T of coal for July-Sept

Reuters | March 04, 2014 | International Trade

Five South Korean utilities are jointly seeking 650,000 tonnes of sub-bituminous or bituminous coal for shipment between July and September via a tender, Korea East-West Power Co Ltd (EWP), one of the utilities, said on its website Read More »

India hardens stance against US protectionism ahead of visits

Reuters | March 04, 2014 | International Trade

India's trade minister accused the United States of excessive trade protectionism, launching a broadside that coincided with the visit of a top U.S. official to patch up a stormy bilateral friendship. Read More »

Indonesia January trade balance tips into deficit as export ban bites

Reuters | March 04, 2014 | International Trade

Indonesia's trade balance tipped into deficit in January as a mineral ore ban hit exports, rekindling concerns over its large current-account deficit just when it has started to narrow. Read More »

China February export, import growth seen slowing further

Reuters | March 04, 2014 | International Trade

China's export and import growth likely slowed in February, causing its trade surplus to shrink by more than half, a Reuters poll showed, reinforcing views that its economic momentum is weakening as leaders prepare to unveil key targets for 2014. Read More »

Asian factory activity stutters, led by China

Reuters | March 04, 2014 | International Trade

Manufacturing activity among Asia's major export economies stumbled in February, led by China where data suggested growth in the factory sector was stalling. Read More »

US and EU marshal economic means to punish Russia

Reuters | March 04, 2014 | International Trade

Washington is weighing an array of economic weapons to penalize Russia for its armed intervention in Ukraine, from asset freezes to expelling Moscow from the G8 group of states, but may find Europe more reluctant to resort quickly to sanctions. Read More »

Gap Inc seeks new berth in China with Old Navy

Reuters | March 04, 2014 | International Trade

When Gap Inc began an online campaign ahead of the launch its Old Navy label in China, the iconic U.S. clothes retailer posed an important question to its potential Chinese consumers: have you heard of Old Navy? Only a few had. Read More »

Senior expects higher demand from Airbus, Boeing in 2014

Reuters | March 04, 2014 | International Trade

Senior Plc, a maker of aircraft parts and auto components, said it expects demand to increase in 2014 as big customers Airbus Group NV and Boeing Co ramp up production. Read More »

Libya-Egypt border suspicions hit Tobruk’s trade

Reuters | March 04, 2014 | International Trade

Mutual suspicion with neighbour Egypt threatens to halt a revival in the fortunes of Libya’s eastern port of Tobruk, officials there said. Read More »

Russian navy blocks channel between Crimea, Russia - Ukraine border guards

Reuters | March 04, 2014 | International Trade

Russian navy ships have blocked off the Kerch Strait which separates Ukraine’s Crimea region and Russia, the Ukrainian border guard service said on Tuesday. Read More »

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 »