NRF economist says 2023 holiday sales will have a ‘whole new set of dynamics’
Every retail holiday season since the pandemic has been unique, and that will be the case again this year, National Retail Federation Chief Economist Jack…
India proposes slashing EV import taxes in UK free trade deal
India is proposing reducing import taxes on some electric vehicles from the UK in an effort to clinch a free-trade deal between the two nations…
September 2023 TSI down 1.8% from the September 2022
September 2023 Freight Transportation Services Index (TSI) Remains the Same as the Previous Month and Down 1.8% from the Same Month Last Year
Russia to keep grain export quota high after another bumper crop
Russia is looking to keep its seasonal grain export quota at an elevated level that’s unlikely to curb shipments, following another bumper wheat harvest.
China AI chipmaker Moore Threads cuts jobs after US blacklisting
Moore Threads, a Chinese developer of graphics processors and AI accelerators, is cutting jobs after the US added the three-year-old firm to a trade blacklist…
China’s import surprise offers hope as recovery risks linger
China’s trade data for October offered a mixed picture for the economy’s outlook, as an unexpected pickup in imports was offset by signs that global…
China’s fuel exports drop to June low as refiners use up quotas
China’s exports of gasoline, diesel and other fuels fell to the lowest in four months in October as refiners risk exhausting government quotas that expire…
Malaysia renews Hamas backing, defying threat of US sanctions
Malaysian Prime Minister Anwar Ibrahim said Palestinians had the right to defend themselves against Israel, and the Southeast Asian nation wouldn’t sever ties with Hamas…
US trade deficit widens by more than forecast on goods demand
The US trade deficit widened by more than expected in September, reflecting the resilience of American demand for foreign goods.
Taiwan’s exports fell in October in sign demand remains weak
Taiwan’s exports fell in October, tempering earlier signs of optimism that global demand for the island’s tech products is rebounding.
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