Russia export windfall finds sanctions haven in Yuan, Quasi-Bank
A little-known unit of Russia’s main stock exchange has become a vital link to the global financial system as tens of billions of dollars and…
U.S. DOC and Singapore Ministry of Trade and Industry celebrate inaugural U.S.-Singapore Partnership for Growth and Innovation annual dialogue
Today, U.S. Under Secretary of Commerce for International Trade Marisa Lago and Singapore Permanent Secretary of the Ministry of Trade and Industry Gabriel Lim held…
US sees China tech-export limits deal with allies in near term
The top US official overseeing export controls said he expects a deal with global allies to limit shipments of chip-production equipment to China in the…
US trade chief says Indo-Pacific deal improves upon predecessor
President Joe Biden’s trade chief defended an economic agreement the US is negotiating with 13 other countries, saying it will build relationships with countries in…
China’s shortage of pig feed set to ease on looming soy imports
China is reeling from a nearby shortage of soybean meal, an important ingredient for hog feed, which is shown by a hefty backwardation in the…
Turkey raises year-end inflation estimate to 65.2% on imports
Turkey’s central bank raised its projection for year-end inflation by nearly five percentage points, citing the higher costs of energy and other imports.
Deputy Secretary Bronaugh: Leading East Africa Agribusiness Trade Mission
Representatives from 32 agribusiness and farm organizations will join Deputy Agriculture Secretary Dr. Jewel Bronaugh for an agribusiness trade mission to Nairobi, Kenya, and Zanzibar,…
Decline in drilled but uncompleted wells may limit future crude oil production growth
According to our Drilling Productivity Report (DPR), more wells were completed than were drilled in the United States from July 2020 through September 2022 (the…
Hynix Warns US Chip Curbs Could Shut Giant China Plant
SK Hynix Inc. warned that the Biden administration’s escalating restrictions could force the closure or sale of a major plant in China, an “extreme situation”…
US Goods-Trade Deficit Widens for the First Time Since March
The US merchandise-trade deficit widened in September for the first time in six months as imports grew and some exports plunged.
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