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Issue #592

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2014 Media Kit

International Trade

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GE sees SE Asia sales rising, to invest $1 blllion

AJOT | May 12, 2011 | International Trade

General Electric Co , the largest U.S. conglomerate, sees revenues from Southeast Asia rising as much as 30 percent this year and expects investment in the region of at least $1 billion in the next three years.

GE, the world's largest maker of jet eng Read More »

China extends anti-dumping duties on synthetic rubber

AJOT | May 12, 2011 | International Trade

China said it would extend for five years existing anti-dumping duties on a type of synthetic rubber imported from Japan, the European Union and the United States.

China's Ministry of Commerce said duties on imported neoprene, originally imposed in 20 Read More »

New EU trade plan attracts broad internal criticism

AJOT | May 12, 2011 | International Trade

The European Union's trade chief has proposed opening the EU to more imports from developing countries, fuelling a debate about protectionism and the bloc's ties with trade partners such as Pakistan.

Trade Commissioner Karel De Gucht's office has prop Read More »

Wal-Mart to spend $759 mlllion in Brazil this year

AJOT | May 04, 2011 | International Trade

Wal-Mart Stores Inc , the world's biggest retailer, will invest 1.2 billion reais ($759 million) in Brazil this year to tap buoyant consumer demand in Latin America's largest economy, the unit's top executive.

Wal-Mart Brasil Chief Executive Marcos Sa Read More »

US says no decision yet on trade votes timing

AJOT | May 04, 2011 | International Trade

The Obama administration is ready to begin work with Congress on bills to implement free trade pacts with Colombia, South Korea and Panama but no decision has been made yet on the timing or sequencing of votes, a senior administration official said. Read More »

South Korea parliament approves EU free trade bill

AJOT | May 04, 2011 | International Trade

South Korea's parliament approved a free trade bill with the European Union on Wednesday, clearing the last obstacle for the pact to take effect in July that is expected to boost the value of trade in goods between them to about 100 billion euros.

A t Read More »

Siemens seeking acquisitions to tap broad growth

AJOT | May 04, 2011 | International Trade

Siemens AG, a bellwether of the euro zone's biggest economy, is looking for acquisitions of up to 3 billion euros to boost core areas after raising its full-year outlook on strong demand from emerging markets.

Siemens, whose products range from hearin Read More »

BMW cruises through first quarter on China demand

AJOT | May 04, 2011 | International Trade

BMW outshone its rivals with a sharp increase in first quarter sales, fuelled by demand for the German group's cars from China and the United States.

BMW's sales in China jumped 72 percent in the first quarter as a growing army of super-rich in the co Read More »

Daimler car sales up 7.7% on China demand

AJOT | May 04, 2011 | International Trade

German carmaker Daimler said its passenger car business sold 7.7 percent more vehicles in April, helped by continued strong demand for luxury cars in China.

"We continue to be optimistic about the second quarter, during which we want to boost sales ab Read More »

Indonesia, EU sign pact to end exports of illegal timber

AJOT | May 04, 2011 | International Trade

Indonesia and the European Union signed an agreement aimed at ensuring the sustainability of timber exports and stopping illegal logging in Southeast Asia's largest economy.

The voluntary agreement signed by Zulkifli Hasan, Indonesia's minister of for Read More »

South Korea April exports soar, builders get support

AJOT | May 02, 2011 | International Trade

South Korean exports rose more than expected to a record amount in April but imports far missed market expectations on a persistent slump in domestic demand that has emerged as a risk to Asia's fourth-largest economy.

Overseas sales by the world's sev Read More »

Brazil trade surplus widens despite strong real

AJOT | May 02, 2011 | International Trade

Brazil's trade surplus in April widened for the third consecutive month, the trade ministry said, as exports grew at a faster pace than imports despite the strong local currency.

Brazil posted a trade surplus of $1.86 billion last month, up from $1.55 Read More »

US group urges focus on China state-owned companies

AJOT | May 02, 2011 | International Trade

The United States should focus less on China's currency practices and more on the threat to U.S companies posed by Beijing's support for state-owned enterprises, a U.S. business group said.

China has used regulatory and other barriers to promote "dome Read More »

Canned Black Forest torte Germany’s newest export

AJOT | May 02, 2011 | International Trade

A bakery deep in Germany's Black Forest has found an unlikely hit canning the region's famous Black Forest cherry torte cake and shipping it to fans as far away as Azerbaijan and Brazil.

The idea first came to baker Johannes Ruf after his sister livin Read More »

China’s Wen says to speed up transport links with SE Asia

AJOT | May 02, 2011 | International Trade

China will speed up the development of transport connections with Southeast Asia, building roads, telecommunication and power links as it seeks to boost trade, Premier Wen Jiabao said.

Wen, speaking in Jakarta during a two-day visit to Indonesia, said Read More »

EU trade chief would support China credit challenge

AJOT | April 28, 2011 | International Trade

The European Commission would file a case against China at the World Trade Organization over export credits if these could be shown to be unfair state aid, the EU's trade chief said.

EU businesses and officials have complained that Chinese low-cost ex Read More »

USTR: worker retraining critical for trade deals

AJOT | April 28, 2011 | International Trade

The U.S. Congress needs to renew a retraining program for American workers who have lost their job due to foreign competition to ensure enough support to approve pending free trade agreements with Colombia, Panama and South Korea, the top U.S. trade offic Read More »

More to explore for world trade deal, EU says

AJOT | April 28, 2011 | International Trade

The European Union presented world trade negotiators with a last-minute plan to rescue stalled free trade talks on Friday, saying there were still avenues of negotiation to explore after 10 years of trying.

In a presentation to a key meeting of World Read More »

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