Tag - trade

 
 

TRADE

A worker supervises construction work on a wave breaker in the port of Salina Cruz, Oaxaca, Mexico, on Oct. 9, as part of expansion works on the Interoceanic Railway that connects the Pacific Ocean and the Gulf of Mexico.
BUSINESS
Nov 16, 2023
Mexico building rail rival as water shortages drain Panama Canal
By 2028, the Isthmus of Tehuantepec Interoceanic Corridor should see 300,000 cargo containers transit every year, with 1.4 million by 2033.
Japan's exports gained 1.6% from a year earlier in October, slowing from a 4.3% increase in the previous month.
BUSINESS / Economy
Nov 16, 2023
Japan’s economy remains under pressure as export growth slows
The value of exports gained 1.6% from a year earlier, slowing from a 4.3% increase in the previous month, according to the Finance Ministry.
Shiseido shares tumbled the most in 36 years on Monday after it slashed full-year profit forecasts on sluggish China demand.
BUSINESS / Companies
Nov 16, 2023
China slowdown adds to boycott woes for Japanese beauty stocks
Cosmetics firms are finding that reliance on the world's second-biggest economy to drive sales is a double-edged sword.
U.S. President Joe Biden shakes hands with Chinese leader Xi Jinping at Filoli estate in Woodside, California, on Wednesday.
ASIA PACIFIC / Politics
Nov 16, 2023
Xi and Biden agree to restart high-level military-to-military talks
The leaders of the two superpowers looked to stabilize a relationship that has been in freefall amid fears it could devolve into outright conflict.
Trade Minister Yasutoshi Nishimura has said that trade talks with China could help stabilize relations.
JAPAN
Nov 15, 2023
Japan and China to hold regular talks on trade, media reports say
Trade Minister Yasutoshi Nishimura said the talks could help stabilize relations.
India's exports represent about 40% of rice's global trade. New Delhi has banned or taxed rice and wheat exports to counter domestic food inflation.
COMMENTARY / World
Nov 14, 2023
India pushes the world toward another rice crisis
Spooked by volatile foodgrain prices ahead of a general election next year, India’s government has banned or taxed rice and wheat exports.
Foreign Minister Yoko Kamikawa (left) and trade minister Yasutoshi Nishimura attend a ministerial meeting of the Indo-Pacific Economic Framework in San Francisco on Monday.
BUSINESS
Nov 14, 2023
No trade deal struck at U.S.-led Indo-Pacific economic meeting
Japanese trade minister Yasutoshi Nishimura said progress was made on some aspects but "no substantial agreement was reached" for the whole trade area.
Economists estimate Japan's real gross domestic product shrank at an annualized 0.4% in the three months through September.
BUSINESS / Economy
Nov 14, 2023
Japan’s economy likely shrank in summer as recovery sputters
Economists estimate that real gross domestic product shrank at an annualized pace of 0.4% in the three months through September.
Germany, which likely plays a key role in determining Europe’s China strategy, unveiled its 64-page strategy on China on July 13.
COMMENTARY / World / Geoeconomic Briefing
Nov 14, 2023
Germany’s China strategy is epoch-making but ambiguous
While attempting to protect its interests, Berlin has had to deal with business circles attempting to avoid damaging ties with Beijing.
Workers harvest lettuce at a farm in Cape Town, South Africa, in January.
WORLD
Nov 12, 2023
South Africa’s ‘too white’ farms may lose EU, U.K. access
Under the rules, farmers must meet specific Black economic empowerment targets to continuing obtaining export permits.
Buyers gather for an auction at Numanouchi fish port in the city of Iwaki, in Fukushima Prefecture, on Aug. 24.
BUSINESS
Nov 8, 2023
Marine product exports to China tank 90% on year after import ban
Beijing has imposed a blanket import ban on Japanese seafood over Japan's discharge of treated radioactive water into the sea.
Australian Prime Minister Anthony Albanese meets with Chinese leader Xi Jinping at the Great Hall of the People in Beijing on Monday.
ASIA PACIFIC / Politics / ANALYSIS
Nov 8, 2023
China and Australia agree to mend ties. But will this impact security?
As the two nations agree to put bygones behind them and boost communication, questions remain over how this will impact security tensions in the region.
A structure of the Arctic LNG 2 joint venture is seen under construction near the settlement of Belokamenka, Murmansk region, Russia, in July last year
BUSINESS
Nov 7, 2023
U.S. sanctions on Russia LNG won't harm supplies, minister says
The industry minister said that Japan will ensure its energy supplies are not affected by U.S. sanctions on a Russian project in which it has a stake.
China's dominance in the electric vehicle market has prompted the European Union to take action regarding economic security.
COMMENTARY / World / Geoeconomic Briefing
Nov 7, 2023
How electric vehicles became subject to EU economic security
The bloc has felt the pressure from China in the EV market, leading it to take steps to better protect vehicles, batteries and materials.
Chinese Premier Li Qiang speaks during the opening ceremony of the China International Import Expo in Shanghai on Sunday.
BUSINESS / Economy
Nov 5, 2023
China premier vows to boost imports and widen foreign market access
The Asian powerhouse's No. 2 official also vowed "to protect the rights and interests of foreign investors in accordance with the law."
Australian Prime Minister Anthony Albanese speaks during the opening ceremony of the China International Import Expo (CIIE) in Shanghai on Saturday.
ASIA PACIFIC / Politics
Nov 5, 2023
Australia PM Albanese vows to 'work constructively with China'
The visit is the first by an Australian leader in seven years, with the two countries seeking to patch things up after a diplomatic spat.
A solar farm at the University of California in Merced
ENVIRONMENT / Energy
Nov 5, 2023
U.S. solar panel manufacturing boom threatened by cheap imports
Global solar panel prices have collapsed due to a wave of new Asian production capacity in recent months.
Occupy Wall Street protesters hold a rally in front of the U.S. Federal Reserve bank in downtown Denver in November 2011.
COMMENTARY / World
Nov 3, 2023
When minority rule by neoliberals fails
Left-leaning movements and progressive ideas and policies have gained ground in the United States, altering the perception of free markets.
An assembly engineer works on a lithography system at chipmaker ASML in Veldhoven, Netherlands, on June 16.
COMMENTARY / Japan / Geoeconomic Briefing
Nov 2, 2023
How can the EU strengthen its strategic autonomy regarding chips?
The bloc has felt a sense of crisis over the fact that its growth strategy has been largely dependent on third countries.
Petr Aven in Moscow to attend Russia Business week in in 2018
WORLD / Crime & Legal
Nov 1, 2023
Squeezed by sanctions, some oligarchs head home to Putin's Russia
The penalties have destroyed the standing of many wealthy Russians abroad who remained silent or avoided direct criticism of Putin over the war.

Longform

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