International Trade

Chinese technology smuggler sentenced to 3 years

Reuters | December 18, 2013 | International Trade

A Chinese citizen convicted oftrying to smuggle American-made radiation-hardened microchipsfrom California to China was sentenced Wednesday to three yearsin U.S. prison. Read More »

China rejects 30% of corn shipped in from US this year

Reuters | December 18, 2013 | International Trade

China has rejected more than 600,000 tons of U.S. corn since mid-November, after tests showed an unapproved gene-altered strain, an influential consultancy said, taking the volume of such shipments to about 30 percent of imports this year. Read More »

China Mobile chairman says still in talks with Apple on iPhone deal

Reuters | December 18, 2013 | International Trade

China Mobile Ltd said it's still in talks with Apple Inc to sell iPhones amid mounting industry speculation that the pair are about to announce a deal to net the technology giant hundreds of millions of potential new customers. Read More »

Norwegian Air signs deal for two more Boeing Dreamliners

Reuters | December 18, 2013 | International Trade

Norwegian Air is buying another two Boeing 787-9 Dreamliners, seeing the aircraft's technical advances as outweighing its operating problems as the budget carrier expands in long-haul services. Read More »

China wants negotiations on EU wine dispute

Reuters | December 18, 2013 | International Trade

China would welcome talks with the European Union on an investigation into whether Europe is dumping wine, the Commerce Ministry said, and it dismissed any suggestion the inquiry was linked to a dispute over solar panels. Read More »

Asia business sentiment falls in fourth-quarter as global worries weigh

Reuters | December 18, 2013 | International Trade

Business sentiment among Asia's top companies dropped sharply in the fourth quarter, extending last quarter's declines, with global economic uncertainty and rising costs weighing on the region's firms, a Thomson Reuters/INSEAD survey showed. Read More »

Japan exports rise but trade gap widens on weak yen

Reuters | December 18, 2013 | International Trade

Japan's exports rose for a ninth consecutive month in November, led by car shipments to the United States and China, a sign the weak yen and a recovery in global demand are energizing a major growth driver in the world's third-biggest economy. Read More »

Bangladesh violence risks spinning out of control as polls near

Reuters | December 18, 2013 | International Trade

When an ally in Bangladesh's ruling coalition threatened this month to pull out of upcoming elections, elite troops broke open the gates of the party leader's home, brushed aside his guards and hauled him away. Read More »

Brazil GMO planting to increase by 6.8% this season

Reuters | December 18, 2013 | International Trade

Brazil will increase the amount of land planted with genetically modified soy, corn and cotton by 6.8 percent this season to increase yields, local analytics firm Celeres said. Read More »

Russia says West still pressing Ukraine to choose Europe

Reuters | December 18, 2013 | International Trade

Russia accused the West on Wednesday of putting pressure on Ukraine to choose closer ties with the European Union even though Kiev has accepted a Russian bailout after spurning a trade deal with the EU. Read More »

EU Commission renews bid to ban food from cloned animals

Reuters | December 18, 2013 | International Trade

The European Commission again proposed a ban on food and products from cloned animals, two years after failing to block their use. Read More »

UPDATE 1-Exporters still awaiting Argentina OK to ship 1.6 mln tonnes wheat-source

Reuters | December 18, 2013 | International Trade

ARGENTINA-GRAINS/WHEAT (UPDATE 1):UPDATE 1-Exporters still awaiting Argentina OK to ship 1.6 mln tonnes wheat-source Read More »

GM corn, feta cheese: hurdles for EU-US trade talks

Reuters | December 17, 2013 | International Trade

Genetically modified crops, chlorine-washed chicken, beef quotas and a fight over who can call Greek-style cheese 'feta' all block the way towards the world's largest free-trade deal. Read More »

Kerry arrives in Manila to strengthen US ties with old ally

Reuters | December 17, 2013 | International Trade

U.S. Secretary of State John Kerry is in the Philippines, seeking to modernize economic and political ties with one of America's oldest allies in South East Asia. Read More »

Singapore’s November export slump points to structural drag

Reuters | December 17, 2013 | International Trade

Singapore reported a surprise fall in November non-oil domestic exports, indicating the strong recovery in October's electronics shipments was a Christmas blip while raising deep concerns about the city-state's pharmaceutical sector. Read More »

Russia plays down threats of salmon ban from Norway

Reuters | December 17, 2013 | International Trade

Russia may only ban salmon imports from Norwegian farms which it has not inspected, Russia's Veterinary and Phytosanitary Surveillance Service (VPSS) said, playing down previous comment which indicated it could ban all Norwegian salmon imports. Read More »

US trade talks could deliver cheaper energy for Europe

Reuters | December 16, 2013 | International Trade

European negotiators, hoping to cut fuel bills, will press their U.S. counterparts in Washington this week on including energy exports in a transatlantic trade pact that aims to integrate two markets accounting for half the world's economy. Read More »

US offers help to SE Asia, most to Vietnam, to patrol seas

Reuters | December 16, 2013 | International Trade

The United States offered $32.5 million in assistance to Southeast Asian nations, more than half to Vietnam, to boost maritime security, which comes as tension grows with China over rival claims in the South China Sea. Read More »

Amazon’s German workers strike as Christmas orders peak

Reuters | December 16, 2013 | Intermodal | International Trade

Hundreds of Amazon.com Inc workers in Germany went on strike, just as pre-Christmas sales were set to peak, in a dispute over pay and conditions that has raged for months. Read More »

US cancels aid programs to Ecuador

Reuters | December 16, 2013 | International Trade

The United States has canceled aid to Ecuador worth $32 million over the coming years after long-running disputes with the government of socialist President Rafael Correa, according to U.S. officials. Read More »