BEIJING (REUTERS) – China’s exports grew at a robust pace in March in yet another boost to the nation’s economic recovery as global demand picks up amid progress in worldwide Covid-19 vaccination, while import growth
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Global supply lines struggle to clear container backlog after Suez Canal chaos
LONDON (REUTERS) – A backlog of container ships carrying consumer goods has grown in some key strategic ports after a near week-long blockage in the Suez Canal, adding to ongoing disruptions to global trade, industry
Read moreSuez Canal chairman says expansion to the South under consideration
ISMAILIA (REUTERS) – Suez Canal Chairman Osama Rabie told Reuters on Tuesday (April 6) an expansion of the Southern section of the waterway where the massive container ship Ever Given became stranded was under consideration.
Read moreSouth Korea exports jump 16.6% in March, beating forecasts
SEOUL (REUTERS) – Robust demand for chips and petrochemical products helped South Korean exports to expand for a fifth consecutive month in March, charting a stable recovery path for Asia’s fourth-largest economy. Exports jumped 16.6
Read moreAnalysis: Twenty years on, EU turns cold on Mercosur trade deal
BRUSSELS (Reuters) – As the European Union looks forward to a fresh start with the United States under a new president, it is riddled with doubts over another transatlantic relationship.FILE PHOTO: Negotiators of the Latin
Read moreBiden's trade rep pick says she will fight Chinese trade barriers, including censorship
FILE PHOTO: Katherine C. Tai addresses the Senate Finance committee hearings to examine her nomination to be United States Trade Representative, with the rank of Ambassador, in Washington, DC February 25, 2021. Bill O’Leary/Pool via
Read moreTrade Me makes conditional offer to buy real estate web site homes.co.nz
Trade Me’s new owners have made a conditional offer to buy a real estate web site partly owned by Spark in a deal which might be subject to Commerce Commission approval. Trade Me said an
Read moreJapan exports, machine orders pick up in January as demand recovers
TOKYO (REUTERS) – Japan’s exports accelerated in January, led by a jump in Chinese demand, and manufacturers’ sentiment turned positive for the first time since 2019 signalling a gradual recovery from last year’s deep coronavirus
Read moreThe ‘reflation’ trade and what it means for the Kiwi, interest rates, and shares
A shift in the Reserve Bank’s survey of inflation expectations has boosted the New Zealand dollar, highlighting the currency’s sensitivity to what is being called the “reflation” trade. The survey’s closely-watched two-year-ahead consumer price inflation
Read moreRecovery in global trade to stall again in Q1: UN report
GENEVA (REUTERS) – A recovery in global trade is expected to slow again in the first quarter of 2021 as the coronavirus pandemic keeps disrupting the travel industry after world trade contracted 9 per cent
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