40Seas, a new fintech platform designed to modernize cross-border trade financing, secures funding of $111 million from ZIM and Team8
• Funding equity round, led by Team8 with participation from ZIM, comes as fintech startup emerges from stealth mode to close the $1.7 trillion global…
China purchases of Australian coal up to firms, envoy says
Chinese companies must decide whether to resume imports of Australian coal, China’s ambassador to Australia said, continuing to deny any embargo on the country’s exports,…
Irish trade chief says data deal may help resolve Brexit impasse
The EU and UK are likely to reach a deal on their post-Brexit trading relationship after they were able to clinch an agreement on data-sharing,…
88% of supply chain leaders surveyed fear “inflation and recession will be the biggest factors that will impact businesses in 2023”
• 67% consider India and Vietnam as attractive alternatives for China plus one strategy; the US to emphasize on ‘friendshoring’ in 2023 • 88% respondents…
iPhone exports from India double to surpass $2.5 billion
Apple Inc. exported more than $2.5 billion of iPhones from India from April to December, nearly twice the previous fiscal year’s total, underscoring how the…
State agriculture officials to embark on first Emerging Markets Program trade mission
National Association of State Departments of Agriculture members and leadership will travel to Vietnam to conduct its first trade mission to explore global emerging markets…
Path to China chips ban goes through Korea, says US envoy
The US is in discussions with Japan, the Netherlands and South Korea to restrict semiconductor exports to China, and it needs all parties to agree…
Inflation-hit Philippines eyes onion imports as price tops chicken, beef
The Philippines’ agriculture department is planning to import 22,000 tons of onions to boost domestic supply as surging prices of the cooking ingredient, possibly the…
EU agrees to use UK trade database in Brexit talks breakthrough
The European Union has agreed to use the UK’s live database tracking goods moving from Great Britain to Northern Ireland, the first sign of progress…
India considers lifting rice export curbs as supply improves
India, the world’s biggest rice exporter, is likely to lift restrictions on grain shipments in a move that would mark a further easing of a…
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