S.Korea to provide exporters $137 billion of policy financing until yr-end
SEOUL (Reuters) – South Korea will provide up to 181 trillion won ($137 billion) of cheap loans to exporters until the end of this year and waive visa processing fees for Chinese…
Analysis-China’s importance to German exporters on the wane
BERLIN (Reuters) – China is losing importance as a market for German exporters, with data showing a steady decline in its share of total exports, a trend set to continue as Berlin…
Exclusive-Thai, Vietnamese exporters renegotiate 500,000 T of rice deals
By Naveen Thukral SINGAPORE (Reuters) – Rice exporters in Thailand and Vietnam are re-negotiating prices on sales contracts for around half a million metric tons for August shipments, two trade sources said,…
Indonesia to make it less painful for exporters to keep earnings onshore -official
JAKARTA (Reuters) – Indonesia is developing a scheme for banks to provide a financing facility for exporters who keep their earnings onshore, after business groups complained that new rules made it harder…
For New Zealand exporters, China both a target and a risk
By Lucy Craymer WELLINGTON (Reuters) – As New Zealand Prime Minister Chris Hipkins prepares to lead a trade delegation to China seeking greater access for both the country’s primary exports and emerging…
German exporters disappointed as China Q1 rebound passes them by
BERLIN (Reuters) – German exports to China fell at the start of the year as business hopes for a revival following Beijing’s lifting of strict measures to control COVID-19 were not fulfilled.…
German exporters’ dip in China trade dampens post-lockdown hopes
BERLIN (Reuters) – German exports to China declined significantly in February, dampening hopes of a trade revival following the end of strict coronavirus measures at the end of last year, the federal…
Indonesia to make exporters hold FX earnings onshore for 3 months -media
JAKARTA (Reuters) – Indonesia plans to introduce a requirement for exporters to keep their foreign exchange earnings in the local banking industry for three months, a top government official was cited by…
Ecuador insecurity, drug crime hitting exporters -business group
GUAYAQUIL (Reuters) – Insecurity in Ecuador is hurting the Andean country’s exports of products like bananas and shrimp, an exporters association said, amid assaults on shipping containers and contamination of shipments with…
German exporters prepare for a challenging 2023
BERLIN (Reuters) – German exporters have modest hopes for next year, anticipating problems at major customers in China because of climbing COVID infections and rising prices making U.S. buyers cautious, the Federation…
Sentiment among German exporters brightens for third month in a row – Ifo
BERLIN (Reuters) – Sentiment among German exporters rose for the third month in a row in December, reaching its best reading since June, according to a survey by the Ifo economic institute…
Turkish exporters’ head says FX rate should better reflect inflation
By Ceyda Caglayan ISTANBUL (Reuters) – The Turkish lira’s sudden stability after a roller-coaster year, despite annual inflation near 85%, is hurting exporters’ competitiveness and some risk losing markets, a top sector…
Sentiment among German exporters lifts slightly
BERLIN (Reuters) – Sentiment among German exporters increased slightly in October, although the overall situation remained difficult due to tense energy markets and a weak global economic environment, the Ifo institute said…
Russian rouble steady as exporters convert foreign currency
MOSCOW – Russian markets opened steady on Tuesday as month-end tax payments offered support to a rouble buffeted by ever-present investor jitters over the possibility of fresh Western sanctions against Moscow. The…
Sentiment among German exporters at its lowest since May 2020
BERLIN (Reuters) – Sentiment among German exporters fell in September to its lowest since the early stages of the COVID-19 pandemic as the slowing global economy dampens any expectations of growth in…
Argentina cbank tightens FX access for soy exporters, hitting peso
BUENOS AIRES (Reuters) – Argentina’s central bank has tightened access to the foreign exchange market by soybean exporters as it decided they are no longer allowed to trade on alternative markets, hitting…
German exporters pinched by 70-billion-euro price squeeze – DIHK
By Rene Wagner BERLIN (Reuters) – German exporters are in an “extreme price squeeze” and incurred extra costs of 70 billion euros ($69 billion) this year due to soaring producer and import…
Russia cuts mandatory FX conversion level for exporters to 50%
(Reuters) – Russia is cutting the proportion of foreign currency revenues that exporters must convert into roubles to 50% from 80%, the finance ministry said on Monday, after the policy contributed to…
Nigeria to offer naira incentives to exporters to repatriate dollars
By Chijioke Ohuocha ABUJA – Nigeria will offer a naira incentive to exporters of semi-processed or finished goods made at home in a push to shore up the country’s dollar supply, the…
Grain exporters tap EU supplies as war shuts Ukraine ports -traders
By Michael Hogan and Gus Trompiz HAMBURG/PARIS – Grain exporters are looking for alternative sources of wheat and corn as a Russian invasion cuts off Ukrainian supplies, with European Union producers Romania…
Seven in 10 UK exporters find no boost from EU trade deal – BCC
By David Milliken LONDON – More than seven out of 10 British exporters have found no benefit from the trade deal that Britain agreed with the European Union after Brexit, the British…
German exporters start year in hopeful mood – Ifo
BERLIN – The mood among German exporters brightened considerably in January, with almost all industries expecting growth, the Ifo economic institute said on Wednesday. Ifo’s barometer for export expectations rose to 17.4…
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