Russia, Iran tighten trade ties amid US sanctions
Russia said it’s strengthening trade with Iran, boosting the economies of both nations as they contend with heavy US sanctions.
Russian LNG exporter halts some shipments to former arm of state giant Gazprom
Russia’s Yamal LNG venture, which produces liquefied natural gas in the country’s Arctic region, has started halting shipments to a former Gazprom trading unit due…
US durable goods orders rise on steady business equipment demand
Orders placed with US factories for durable goods rose in April, highlighting firm and sustained demand for equipment and merchandise.
Malaysia rules out cooking oil export curbs, minister says
Malaysia, the world’s second-biggest palm oil producer, has ruled out curtailing cooking oil exports as it has enough supplies to meet local demand and will…
India considers tax cut on soybean and sunflower oil to cool prices
India will allow a limited quantity of duty-free imports of crude soybean and sunflower oils for two years, another step in a series of measures…
US must be ‘strategic’ on China tariffs, trade chief says
The US must be “strategic” when it comes to a decision on whether to remove China tariffs, Trade Representative Katherine Tai said a day after…
Malaysia bans poultry exports in latest food protectionism move
Malaysia’s government met with the country’s biggest poultry producers to discuss subsidies and ensure continuity of local supply as the nation moved to ban exports…
Asia manufacturers say the pandemic-driven trade boom is fading
Clothing companies and gadget makers are among manufacturers across Asia seeing early signs of cooling demand from their global customers as soaring inflation takes hold.
Malaysia rules out curbs on cooking oil exports, minister says
Malaysia, the world’s second-biggest palm oil producer, has ruled out curtailing cooking oil exports as it has enough supplies to meet local demand and will…
Rising global food protectionism risks worsening inflation woes
Food protectionism is on the rise in the developing world as governments try to safeguard local supplies, and the effects are threatening to spill over…
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