Fortescue iron ore exports take hit from derailment, weather
Fortescue Ltd., the world’s fourth-biggest iron ore miner, said it expects full-year shipments of the steelmaking material to be at the lower end of its…
New Zealand first-quarter imports fall amid sluggish economy
New Zealand imports fell to the lowest since mid-2021 in the first quarter as a weak economy stems demand from consumers and businesses.
China’s surging steel exports are inflaming global trade tension
China’s biggest wave of steel exports since a global glut in the mid-2010s is inflaming trade tensions across the world as the metal reaches a…
USTR announces White as Chief Textiles and Apparel Negotiator
The Office of the United States Trade Representative (USTR) today announced that Katherine White will serve as USTR’s Chief Textiles and Apparel Negotiator. White previously…
Iran, Pakistan seek to patch up ties with pledge to boost trade
Iran and Pakistan took steps to repair relations after deadly military strikes by the two Asian neighbors early this year, with both countries signing multiple…
Post-Brexit food checks will be ‘light-touch,’ UK minister says
The UK will enforce “light-touch” post-Brexit checks on food and plant products beginning later this month to avoid disrupting businesses trading with European Union nations,…
EU weighs sanctions on firms shipping weapons tech to Russia
The European Union is assessing potential sanctions against more than a dozen companies that have continued to buy restricted goods from the bloc and supply…
China’s new stock champions face growing waves of trade probes
China’s most-promising industries are facing a growing threat of trade restrictions from Western governments, blurring the outlook for stocks that have the potential to fuel…
UK exports fewer goods after Brexit, tilting economy to services
The UK is still exporting fewer goods than before Brexit, as the economy becomes more reliant on selling services to the rest of the world,…
Lagarde reiterates Europe, US shouldn’t engage in subsidy race
European Central Bank President Christine Lagarde reiterated that Europe and the US should avoid excessively offering economic perks in a bid to boost growth.
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