International Trade

​South Korea July data shows global demand hampering recovery

AJOT | August 01, 2013 | International Trade

South Korean exports grew far less than expected in July and a measure of manufacturing activity slumped to the worst in nearly a year, data showed on Thursday, suggesting global demand has yet to turn to underwrite a firm recovery in Asia's fourth-largest economy. Read More »

AB InBev reassures on Brazil and US with profit jump

AJOT | July 31, 2013 | International Trade

Anheuser-Busch InBev, the world's largest beer maker, sold less beer but made more money than expected in the second quarter as drinkers absorbed price hikes and traded up to premium lagers. Read More »

Thailand sees modest Q2 growth though exports slip

AJOT | July 31, 2013 | International Trade

Thailand's economy is expected to grow modestly in the second quarter even as exports fell for a second month in June dampened by tepid global demand, the central bank said. Read More »

US drinkers offset slower emerging markets for Diageo

AJOT | July 31, 2013 | International Trade

Demand from U.S. drinkers for expensive whiskies and new spirits is helping Diageo to offset slowing growth in some emerging markets, the world's biggest spirits maker said, echoing a trend seen elsewhere in the luxury sector. Read More »

Russia targets Ukrainian confectionery in escalating trade row

AJOT | July 31, 2013 | International Trade

Russia barred confectionery imports from Ukrainian firm Roshen citing health concerns, the latest in a string of trade restrictions on both sides. Read More »

Afghanistan eyes Iran deal to boost trade to Europe, India

AJOT | July 29, 2013 | International Trade

Afghanistan hopes an agreement with Iran to use one of its ports will help boost exports to Europe and India and reduce its dependence on neighboring Pakistan's ports for trade. Read More »

Coach Inc. sees weakness in North America

AJOT | July 29, 2013 | International Trade

Coach Inc again reported soft sales at its North American stores as it continued to face tough competition for handbag shoppers, and the leather goods maker announced the departures of two more executives. Read More »

Cummins posts better-than-expected profit on engine, part sales

AJOT | July 29, 2013 | International Trade

Cummins Inc reported a better-than-expected quarterly profit, citing higher demand for its medium-duty truck engines and vehicle components in North America, China and Brazil. Read More »

Rockwell Automation profit jumps past Wall Street views

AJOT | July 29, 2013 | International Trade

Rockwell Automation Inc, which makes systems that help factories run more smoothly, posted a quarterly profit well above analysts' forecasts on Tuesday, helped by sales increases in most of its geographic regions. Read More »

TRW posts stronger-than-expected profit, boosts sales outlook

AJOT | July 29, 2013 | International Trade

Auto parts supplier TRW Automotive Holdings Corp posted a stronger-than-expected quarterly profit due to increased demand for cars and trucks in North America and China, and boosted its full-year sales outlook. Read More »

United Fresh welcomes FDA’s proposed food safety rules for foreign verification of imported foods.

AJOT | July 28, 2013 | International Trade

United Fresh Produce Association welcomes the release of two proposed food safety rules under the Food Safety Modernization Act (FSMA) of 2011. Read More »

China agrees to talks on French wine dispute, EU says

AJOT | July 28, 2013 | International Trade

China and the European Union have agreed there is a "window for discussions" to try to resolve accusations that Europe is dumping wine in China, the EU's trade chief said. Read More »

China should probe foreign luxury carmakers over prices

AJOT | July 28, 2013 | International Trade

Foreign carmakers are reaping exorbitant profits selling imported luxury cars in China and should face an anti-trust investigation, the official Xinhua News Agency said, in what may amount to a shot across the bow of foreign auto firms. Read More »

With EU sales likely capped, China solar firms will need new markets

AJOT | July 28, 2013 | International Trade

A weekend deal between Beijing and Brussels to regulate trade in solar panels will limit Chinese firms' growth prospects in the European Union, the world's largest solar market, and force them to step up sales to 'emerging' markets at home and in the Unit Read More »

Kenya tea exports hurting from Egypt unrest

AJOT | July 28, 2013 | International Trade

Kenya's tea exports to Egypt have fallen in the past three weeks, hurt as turmoil in the biggest market for the top grade Kenyan product hit sales, traders said. Read More »

Corn, soy, canola growers stand firm on Title 1 Programs prior to Farm Bill Conference

AJOT | July 25, 2013 | International Trade

In a letter to leaders of the House and Senate Agriculture Committees, the American Soybean Association (ASA), National Corn Growers Association (NCGA) and the U.S. Canola Association (USCA) made it clear that their position in favor of more market-orient Read More »

How Samsung is beating Apple in China

AJOT | July 25, 2013 | International Trade

Apple Chief Executive Tim Cook believes that "over the arc of time" China is a huge opportunity for his pathbreaking company. But time looks to be on the side of rival Samsung Electronics Co Ltd , which has been around far longer and penetrated much deepe Read More »

Amazon’s overseas weakness overshadows strength at home

AJOT | July 25, 2013 | International Trade Inc forecast disappointing income and revenue as it grapples with a weaker international market, overshadowing improving profitability and economic conditions in the United States. Read More »

Frustrated EU warns Ukraine time is running out for trade talks

AJOT | July 25, 2013 | International Trade

The European Union warned Ukraine that time was running out to resolve a number of bilateral trade disputes and secure the signing of a landmark free trade agreement, after the latest round of talks produced no results. Read More »

Kenya to streamline Uganda, Rwanda customs, job losses feared

AJOT | July 25, 2013 | International Trade

Kenya said it would cut red tape holding up millions of dollars of imports into its landlocked neighbours Rwanda and Uganda, by letting the countries collect customs on goods as they arrive in its port at Mombasa. Read More »