International Trade

Chris Jones to head Baltic Exchange’s Singapore office

AJOT | February 05, 2014 | International Trade

The Baltic Exchange has appointed Chris Jones as its new Asia-Pacific director. Read More »

RPT-Australia Hedland iron ore exports to China down 3.5 pct in Jan

Reuters | February 04, 2014 | International Trade

Iron ore exports to China from Australia’s Port Hedland, which ships about a fifth of the global market for the steel-making raw material, fell 3.5 percent in January from December. Read More »

Kerry downplays key US senator’s opposition on trade talks

Reuters | February 04, 2014 | International Trade

Secretary of State John Kerry said Senate Majority Leader Harry Reid's opposition to President Barack Obama's push for authority to fast-track trade deals should not stand in the way of U.S. congressional passage of the measure. Read More »

Google executive chairman expects US approval of Lenovo-Motorola deal

Reuters | February 04, 2014 | International Trade

Google Inc Executive Chairman Eric Schmidt expressed confidence on Monday that Lenovo Inc would gain approval from U.S. regulators to buy Google's Motorola smart-phone hardware business in what would be China's biggest technology acquisition to date. Read More »

KFC parent Yum says no bird flu hit to China sales

Reuters | February 04, 2014 | International Trade

KFC parent Yum Brands Inc. reaffirmed its 2014 profit and said a resurgent bird flu in China had not hurt national sales in its top market. Read More »

Volkswagen Tennessee workers to vote on UAW February 12-14

Reuters | February 04, 2014 | International Trade

A historic, far-reaching vote of blue-collar workers at Volkswagen AG's Tennessee plant on whether they wish to be represented by the United Auto Workers will be held Feb. 12-14, the German automaker and U.S. union said. Read More »

Global carmakers see small sedans as next hot market in India

Reuters | February 04, 2014 | International Trade

Carmakers including Ford Motor Co and Hyundai Motor Co will showcase compact sedans at India's largest auto show this week, targeting what they think could be the next hot market in a country long dominated by ultra-cheap hatchbacks. Read More »

Indian state bars foreign supermarkets in latest blow for chains

Reuters | February 04, 2014 | International Trade

The Indian state of Rajasthan has barred foreign direct investment in supermarkets, an ominous sign for global retailers who covet India's vast but fragmented retail sector if the country's main opposition Bharatiya Janata Party (BJP) comes to power nationally in upcoming elections. Read More »

Toyota upbeat on US recovery

Reuters | February 04, 2014 | International Trade

Toyota Motor Corp expects the U.S. auto market to continue a mild recovery in 2014 despite poorer than expected sales last month, an executive said, although concerns linger that it will face intensified competition and eroding profits in its largest market. Read More »

Brazil posts widest trade deficit ever in January

Reuters | February 04, 2014 | International Trade

Brazil's trade deficit in January was the biggest on record, after a rise in raw material exports failed to offset greater imports of consumer and capital goods, the Trade Ministry said. Read More »

Indonesia December trade surplus biggest in 2 years as exports surge

Reuters | February 04, 2014 | International Trade

Indonesia posted its third straight monthly trade surplus in December and its biggest in two years, an encouraging sign that could give the central bank leeway to keep rates steady next week despite investor anxiety over strains in emerging markets. Read More »

Togo seizes nearly 4 tons of ivory headed for Vietnam

Reuters | February 04, 2014 | International Trade

Authorities in Togo have seized nearly four tons of ivory - the tusks from over 500 dead elephants - hidden in containers destined for Vietnam, officials said. Read More »

Hitachi forecasts record profit, confident on China, US demand

Reuters | February 04, 2014 | International Trade

Hitachi Ltd, Japan's largest electronics conglomerate, raised its full-year earnings forecast on Tuesday, putting it on course to break through a 23-year-old profit record as the automotive and construction sectors boosted its earnings. Read More »

European coal prices up as utilities hedge against South Africa outage

Reuters | February 04, 2014 | International Trade

European coal prices rose on Tuesday as utilities used the financial coal market to hedge themselves against a physical supply outage in South Africa. Read More »

Australia Hedland iron ore exports to China down 3.5 pct in Jan

Reuters | February 04, 2014 | International Trade

Iron ore exports to China from Australia’s Port Hedland, which ships about a fifth of the global market for the steel-making raw material, fell 3.5 percent in January from December. Read More »

Brazil posts widest trade deficit ever in January

Reuters | February 03, 2014 | International Trade

Brazil's trade deficit in January was the biggest on record, after a rise in raw material exports failed to offset greater imports of consumer and capital goods, the Trade Ministry said on Monday. Read More »

U.S. manufacturing growth slows in January: Markit

AJOT | February 03, 2014 | International Trade

U.S. manufacturing grew less briskly in January after hitting an 11-month high the prior month as output and overseas demand slowed, an industry report showed on Thursday. Read More »

China, U.S. drag on global manufacturing revival

AJOT | February 03, 2014 | International Trade

Slower growth in the Chinese and U.S. factory sectors raised worries about global growth on Monday, even though European manufacturers enjoyed a solid start to the year. Read More »

China Still be the Biggest Cooperative Partner for Brazil in 2014

AJOT | February 03, 2014 | International Trade

According to the statistics released by Brazil's MOIT, China consistently occupies the position as the biggest trading partner of Brazil in 2013 compared to the imports and exports in 2012. In addition, Brazil has imported a total of $37.3 billion from China last year, an 8% increase from the previous year. Read More »

EU says Russia’s blocking of pork imports ‘disproportionate’

Reuters | January 31, 2014 | International Trade

The European Union called on Russia to stop blocking pork exports from the bloc, saying Moscow's reaction to an outbreak of African Swine Fever (ASF) in Lithuania was "disproportionate". Read More »