GENEVA (REUTERS) – The US delegate to the World Trade Organisation (WTO) on Monday (Feb 15) welcomed the appointment of Ngozi Okonjo-Iweala as director-general and…
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Covid-19 Disrupted Global Trade, But What Opportunities Did It Bring?
Mark Rose, Nedbank Business Banking Executive Head: Strategy and New Business Development. When the first reports of Covid-19 surfaced in China, initial concern from businesses…
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South Korea revised second-quarter GDP down 3.2%, ticks up from advanced estimates
SEOUL (Reuters) – South Korea’s economy turned out to have shrunk by a seasonally adjusted 3.2% in the April-June period from the previous quarter, revised…
View More South Korea revised second-quarter GDP down 3.2%, ticks up from advanced estimates
Captainless WTO in troubled water with no land in sight
GENEVA (AFP) – As Mr Roberto Azevedo leaves the World Trade Organisation (WTO) Monday (Aug 31), the institution faces multiple crises without a captain –…
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Stock Alert: MoneyGram Trading 30% Higher On Acquisition Offer
Loud explosion heard in diplomatic district of Kabul: police KABUL (Reuters) – A loud explosion was heard on Tuesday in the Wazir Akbar Khan area…
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Global trade will plunge by up to a third in 2020 amid coronavirus pandemic: WTO
GENEVA (AFP) – Global trade growth is expected to plummet by up to a third in 2020 due to the coronavirus pandemic, the World Trade…
View More Global trade will plunge by up to a third in 2020 amid coronavirus pandemic: WTO
China says it will strive to reach 'phase one' trade deal with US
BEIJING (REUTERS) – China will strive to reach a “phase one” trade agreement with the United States as both sides keep communication channels open, the…
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India protectionist, but US negotiating limited trade deal: Commerce Secretary Ross
NEW DELHI (REUTERS) – India is among the world’s most protectionist countries, but the United States is trying to negotiate a limited trade deal with…
View More India protectionist, but US negotiating limited trade deal: Commerce Secretary Ross
Japan cattle farmers fear US trade deal will be their death knell
TOKYO (AFP) – United States and Japanese officials insist a hard-won bilateral trade deal will be a “win-win”, but some Japanese cattle farmers fear the…
View More Japan cattle farmers fear US trade deal will be their death knell
US-China trade war could have some positive spillover effects for region: Experts
SINGAPORE – There could be positive spillover effects for the region from US-China trade tensions, said leaders and experts at the Singapore Institute of International Affairs’…
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Senior China diplomat Wang Yi says important for US-China to meet face-to-face
BANGKOK (REUTERS) – Senior Chinese diplomat Wang Yi, who met with US Secretary of State Mike Pompeo on Thursday (Aug 1), said it was important…
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Pompeo reassures India during visit amid trade spat
United States Secretary of State Mike Pompeo sought to cool down tensions caused by trade differences with India, while underlining the importance of a strong…
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Crocs to slash Chinese production for US market
BENGALURU (REUTERS) – Crocs Inc will aim to cut the volume of its shoes and accessories produced in China for the US market by more…
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US at least a month away from enacting tariffs on another US$300b of Chinese goods: Mnuchin
BEIJING/WASHINGTON (REUTERS) – The United States is studying how proposed tariff increases on roughly another US$300 billion (S$413.80 billion) in Chinese imports will affect consumers…
View More US at least a month away from enacting tariffs on another US$300b of Chinese goods: Mnuchin