China stock traders seek golden week boost after brutal selloff
China’s golden week holiday will be a crucial period for stock traders looking for fresh market impetus after a brutal year pushed a key benchmark…
EU plans Russia import bans, tech curbs over Putin land grab
The European Union proposed a new package of sanctions on Moscow that would ban European companies from shipping Russian oil to third countries above an…
US goods-trade gap narrows to smallest since October 2021
The US merchandise-trade deficit narrowed in August to the smallest since October 2021 as both imports and exports dropped, suggesting a tailwind for economic growth…
India’s potash demand languishes as world reels from high prices
India, one of the world’s biggest potash importers, is facing demand destruction due to high prices and the loss of critical supplies from Belarus and…
Australia posts fiscal boost from exports; surplus still distant
Australia reported a significantly improved budget outcome for fiscal 2022 even as Treasurer Jim Chalmers dismissed prospects for the books to return to the black…
EU plans new Russia import bans, tech curbs over Putin land grab
The European Union proposed a new package of sanctions on Moscow that would include a price cap for Russian oil sold to third countries.
Taliban sign deal with Russia to buy cheap oil, gas and wheat
Afghanistan’s ruling Taliban have signed an agreement with Russia to import fuel and wheat at a discount as the country struggles to feed its population…
Korea EV cell makers holding up well against weak won
South Korea’s electric car battery makers are shielded somewhat from a weak won, even though they import a lot of raw materials in US dollars,…
WTO chief sees world economy edging into a recession
The head of the World Trade Organization added her voice to a growing chorus of observers who see the global economy headed into a recession.
China warns waning global demand is top threat to trade
Overseas demand for goods from China is weakening as the global economy slows, warned a senior Chinese commerce ministry official, though the country still expects…
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