South Korea’s exports increase by most in 10 years in April
South Korea’s exports last month rose the most in 10 years, boosted by an increase in the number of working days from a year earlier…
U.S. steel is retreating from greatest rally in a generation
U.S. Steel Corp. is retreating from the greatest metals rally in two decades even as rival producers post record profits on soaring demand during the…
China Politburo reiterates no sharp turn in macro policies
China’s top leaders pledged to deepen supply side reform and drive a rebound in domestic demand, staying the course for now to bolster the economy’s…
Taiwan posts fastest growth since 2010 on export-fueled boom
Taiwan’s economy grew the fastest in more than 10 years in the first quarter as companies scrambled to build new production lines in an effort…
Myanmar to export 2 million tons of rice even as hunger grows
Myanmar still expects to export 2 million tons of rice this year, despite a warning from the World Food Programme that millions of people in…
Sawmills are selling boards faster than they can cut them
Lumber demand is so strong that Resolute Forest Products Inc.’s order book exceeds its inventory, according to Chief Executive Officer Remi Lalonde.
China accuses Australia of economic coercion as ties deteriorate
China’s top diplomat in Canberra blamed Australia for deteriorating ties between the nations, accusing it of economic coercion and “provocations” in a wide-ranging speech that…
GM to invest $1 billion to build electric vehicles in Mexico
General Motors Co. is extending its electric vehicle plans south of the border with an investment of more than $1 billion in Mexico, adding a…
Statement from US Secretary of Commerce Raimondo on Q1 2021 GDP advance estimate
Today, the Department of Commerce’s Bureau of Economic Analysis (BEA) released the advance estimate for gross domestic product (GDP) for the first quarter of 2021,…
Feeding chickens is so costly it’s changing global trade flows
Feeding the world’s chickens, pigs and cows has gotten so expensive it’s upending global trade flows.
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