International Trade

UK economy flat in Q2

AJOT | October 05, 2008 | International Trade

Britain's current account deficit doubled and the economy stood still in the second quarter of 2008, even before a worsening in what is being described as the worst financial crisis in a generation. Read More »

South Korea deficit soars to record

AJOT | October 05, 2008 | International Trade

South Korea's current account deficit soared to a record high in August on higher costs of imports, which together with a failed US bid to finalize a bailout capped the worst month for the won in 11 years. Read More »

WTO sets up panel in EU high-tech imports dispute

AJOT | September 28, 2008 | International Trade

The World Trade Organization set up a panel to examine a dispute over the European Union's tariffs on high-tech goods, a WTO spokeswoman said. Read More »

WTO to review Japan compliance to memory chip ruling

AJOT | September 28, 2008 | International Trade

The World Trade Organization (WTO) set up a panel to examine whether Japan has complied with an earlier verdict ordering it to scrap duties on South Korean memory chips. Read More »

Swiss diplomat proposed as WTO industry talks chair

AJOT | September 28, 2008 | International Trade

Switzerland's ambassador to the World Trade Organization (WTO), Luzius Wasescha, has been proposed as the new chairman for the WTO's negotiations on industrial goods, trade sources said. Read More »

New WTO talks possible

AJOT | September 21, 2008 | International Trade

The World Trade Organization (WTO) could invite ministers to Geneva in the coming weeks to resume July's abortive talks on a new global trade pact, its head said. Read More »

Singapore Aug. exports seen up slightly on drugs, tech

AJOT | September 21, 2008 | International Trade

Singapore's non-oil exports may have grown slightly in August as electronics and drugs shipments picked up, but an escalating global credit crisis will put further pressure on already-slowing global demand. Read More »

EU seeks overhaul of high-tech trade deal

AJOT | September 21, 2008 | International Trade

The European Union called for an overhaul of a 1996 deal that boosts trade in high-tech goods around the world, despite accusations that the bloc is breaking the original agreement. Read More »

Steel imports increase in July, remain at modest levels

AJOT | September 14, 2008 | International Trade

Imports increased in July over June by 4.1% based on preliminary reporting. 'Import arrivals in July remained modest due to the weak dollar, high freight rates and competitive prices in other international markets,' said David Phelps, president, AIIS. G Read More »

EU court rejects damages claims in WTO banana case

AJOT | September 14, 2008 | International Trade

Europe's top court rejected appeals by two Italian companies that wanted EU compensation for export revenue lost after Washington imposed sanctions on a wide range of goods over Europe's banana policy. Read More »

WTO deal to hit Europe cattle sector

AJOT | September 14, 2008 | International Trade

A global trade deal would put pressure on Europe's cattle industry, a top EU official said amid moves to revitalize the stalled Doha negotiations. The World Trade Organization (WTO) is pressing to break an impasse between the United States and India that Read More »

US seeks WTO panel in hi-tech row with EU

AJOT | August 24, 2008 | International Trade

The United States asked the World Trade Organization (WTO) for a dispute panel to settle a row with the European Union over tariffs on hi-tech goods, saying talks with Brussels had failed to reach an agreement. Read More »

Lebanese PM to visit Iraq for trade talks

AJOT | August 24, 2008 | International Trade

Lebanese Prime Minister Fouad Siniora said he would visit Iraq this week to discuss energy and trade, in another sign of improving ties between the Arab world and the Shi'ite-led government in Baghdad. Read More »

Euro zone edges into trade deficit in June

AJOT | August 24, 2008 | International Trade

A ballooning energy deficit and slowing trade with the United States helped to push the euro zone into an unexpected trade deficit in June, adding to the gloomy outlook for the single currency area. Read More »

World Bank chief urges resumption of WTO talks

AJOT | August 24, 2008 | International Trade

The head of the World Bank added his voice to those calling for a revival of last month's abortive world trade talks. Read More »

Tough times ahead for global economy

AJOT | August 21, 2008 | International Trade

The International Chamber of Commerce (ICC)/Ifo global climate index in July fell for the fourth consecutive quarter in a row since sentiment became downbeat last summer, recording its lowest level since 2001. Read More »

Chile July trade surplus seen at $2.1 bln.

AJOT | August 10, 2008 | International Trade

Chile's trade surplus is expected to total $2.1 billion in July, down from $2.4 billion in the same month last year, as imports and exports each touch record highs, a Reuters poll showed. Read More »

Taiwan July exports growth seen easing to 16.8%

AJOT | August 10, 2008 | International Trade

Taiwan's exports in July probably grew 16.8% from a year earlier, the slowest pace in three months, due mainly to weaker electronics demand in the United States and Europe, a Reuters poll showed. Read More »

Brazil’s Lula to seek rapid revival of trade talks

AJOT | August 10, 2008 | International Trade

Brazil wants to restart collapsed global trade negotiations and believes an agreement can be reached within two months, President Luiz Inacio Lula da Silva said. Read More »

WTO members at odds on industrial goods trade

AJOT | July 13, 2008 | International Trade

World Trade Organization members remain apart on key proposals to free up commerce in industrial goods, the WTO mediator in industry talks said. Read More »