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Euro-zone barely grows after export downturn adds pressure
The euro-area economy barely grew in the second quarter as new data showing a dismal performance for exports forced a downward revision in overall growth…
Sweden’s H2 green steel raises €1.5 billion for first metals plant
Sweden’s H2 Green Steel AB raised €1.5 billion ($1.6 billion) of equity to help finance the world’s first large-scale green steel plant and a giga-scale…
China’s imports from Russia reach record with largest ever surge
China’s imports from Russia surged by the most ever in dollar terms, bucking an overall decline in its purchases of foreign goods as trade between…
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China seeks to broaden iPhone ban to state firms, agencies
China plans to expand a ban on the use of iPhones in sensitive departments to government-backed agencies and state companies, a sign of growing challenges…
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China asks fertilizer producers to suspend urea shipments
China has asked some fertilizer producers to suspend urea exports after domestic prices jumped, a move that’s likely to restrict supplies and boost costs for…
Australia’s trade surplus narrows in July as mining exports fall
Australia’s monthly trade surplus narrowed in July as exports of natural resources such as gold, coal and iron ore fell while imports climbed.
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China’s top chipmaker appears to have violated sanctions, US congressman says
China’s top chipmaker, Semiconductor Manufacturing International Corp., “warrants investigation” as the company appears to have violated US sanctions by supplying components to Huawei Technologies Co.,…
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US wants details on made-in-China Huawei chip
The US is working to establish the full details of Huawei Technologies Co.’s advances in chip technology, news of which has stoked Chinese nationalism and…
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China’s share of US imports falls to lowest since 2006
China’s share of US goods imports fell to the lowest level since 2006 in the 12 months through July, according to a new report by…
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US trade deficit widened by less than expected in July
The US trade deficit widened in July by less than forecast, reflecting an increase in exports of cars and services.