Trade

MANILA – The Philippines posted a $4.8 billion trade deficit in April, narrower than the previous month’s three-month high of $5 billion, as imports sustained a double-digit growth, the statistics …

By Stefanno Sulaiman JAKARTA – Indonesia Trade Minister Muhammad Lutfi said on Tuesday the government would bring down its combined maximum crude palm oil export and levy rate to $488 …

By Jeanny Kao and Ben Blanchard TAIPEI – Taiwan’s top trade negotiator appealed to the United States on Tuesday not to forget that the island wants a free trade deal, …

By Philip Blenkinsop BRUSSELS – The European Union wants to accelerate efforts to finalise trade agreements with third parties after a six-month pause, as the bloc adapts to the Ukraine …

BRUSSELS – Euro zone retail sales were much weaker than expected in April, data showed on Friday, pulled down by principally by reduced purchases of food, drinks and tobacco. The …

(Reuters) – Citigroup Inc could record losses of more than $50 million after a London-based employee’s fat-finger trade caused a flash crash in European stocks last month, Bloomberg Law reported …

TAIPEI – Taiwan’s chief trade negotiator, John Deng, will hold more talks with the United States on bilateral trade on Wednesday, the island’s government said, after being excluded from a …

(Reuters) – Meta Platforms Inc said on Tuesday its Class A common stock will begin trading on the Nasdaq under the ticker symbol ‘META’ prior to market open on June …

By Alexander Cornwell DUBAI – Israel signed a free trade agreement with the United Arab Emirates on Tuesday, its first with an Arab state and one which eliminates most tariffs …

PARIS – French transport trade unions on Tuesday hailed the success of their strike during the Champions League final between Liverpool and Real Madrid, which the French government said contributed …

JERUSALEM – Israel and the United Arab Emirates (UAE) will sign a free trade agreement in Dubai on Tuesday in a move aimed at boosting trade between the two countries, …

BOSTON – A Lexington man was convicted on Thursday, May 26, 2022 of possessing a stolen trade secret, the first-ever conviction following a criminal trial of this kind in the …

By David Brunnstrom WASHINGTON – New Zealand Prime Minister Jacinda Ardern said on Wednesday the United States should return to a regional trade pact it quit in 2017 if it …

LONDON – British Prime Minister Boris Johnson agreed with his newly-elected Australian counterpart Anthony Albanese that the Ukrainian war must not encourage other countries to undermine global stability, Johnson’s spokesperson …

(Reuters) – Ratings agency S&P revised https://disclosure.spglobal.com/ratings/en/regulatory/article/-/view/type/HTML/id/2842888 South Africa’s outlook to “positive” on Friday, saying it reflects favourable terms of trade and a path toward contained fiscal expenditure for the …

LONDON – Companies need to be incentivised and pushed to make green investments, British trade minister Anne-Marie Trevelyan said on Wednesday. “We need to do all we can to both …

(Reuters) – The West has imposed an unprecedented package of sanctions on Russia, its top companies and its business and political elite in response to Moscow’s invasion of Ukraine. The …

LAREDO, Texas—U.S. Customs and Border Protection (CBP), Office of Field Operations (OFO) officers seized methamphetamine in one enforcement action that totaled over $18,000,000 in street value.  “Officers assigned to CBP …

WASHINGTON – President Joe Biden said on Tuesday discussions are ongoing about potentially dropping U.S. trade tariffs on China that were imposed by his predecessor, Republican Donald Trump. “We’re discussing …

GREENEVILLE, Tenn. – On May 9, 2022, Dr. Xiaorong You, aka Shannon You, 59, of Lansing, Michigan was sentenced to serve 168 months in prison by the Honorable J. Ronnie …

(Reuters) – Russian President Vladimir Putin on Monday ordered the creation of a working group on international payments whose tasks will include figuring out terms for transactions with “unfriendly” states. …

BEIJING – China’s export growth is expected to have slowed to a crawl in April as strict COVID-19 curbs hit production while imports likely extended declines, creating heavy headwinds for …

By Fergal Smith TORONTO – The Canadian dollar will claw back its recent decline over the coming year, as elevated oil prices bolster Canada’s trade surplus and the central bank …