China’s textile exports recover after the pandemic slump
The global markets, which had faced a slowdown during the pandemic, are recovering and opening up to increased imports of textiles and garments, even though…
WTO members push to expedite an Okonjo-Iweala second term bid
A sizable portion of World Trade Organization members supported a move from a group of African countries pushing for Director-General Ngozi Okonjo-Iweala to expedite a…
India cuts gold import tax in boost to local jewelry makers
India cut its import tax on gold to support jewelry manufacturing in the world’s second-biggest consumer of the precious metal.
US says billionaire Gertler’s royalties must go to Congo for sanctions deal
A top US official said Dan Gertler’s royalties in the Democratic Republic of Congo must go to the country’s government as part of any deal…
Taiwan’s June export orders rise 3.1%, missing estimate
Taiwan’s export orders rose just 3.1% in June from a year earlier, less than half the growth seen in May and short of the 12.3%…
China drops sanctions on US communications firm in rare reversal
China said it was removing sanctions on a US communications company, a rare reversal after it targeted the company over proposed arms sales to Taiwan.
China’s refined copper exports double to record on surplus
China’s refined copper exports surged to a record last month as weak demand in the world’s biggest metals buyer prompted smelters to turn to overseas…
UAE signs economic pact with Mauritius aimed at boosting trade
The United Arab Emirates and Mauritius signed an economic agreement aimed at increasing bilateral trade, particularly in the financial, logistics and services sectors.
US plans sanctions over China’s Russia aid, top Biden aide says
US National Security Adviser Jake Sullivan said the US is preparing new sanctions on Chinese entities that support Russia’s war in Ukraine, and hinted that…
Europe to crack down on flood of Chinese biodiesel with tariffs
The European Union is cracking down on Chinese biodiesel imports after investigating complaints that a flood of unfairly priced renewable fuel is undercutting producers in…
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