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Tag:

Trade

  • MIsc. News

    EU’s Michel: EU and US must find mutually beneficial solutions on trade disputes

    by Reuters October 19, 2023
    by Reuters October 19, 2023

    WASHINGTON (Reuters) – The European Union and the United States must find mutually beneficial solutions to help resolve trade disputes, said European Council President Charles Michel on Thursday. Michel added …

  • Breaking NewsFeatured NewsGovernment NewsNew Jersey NewsPolitics

    Governor Murphy’s 9-Day Far East Trade Mission – What Has Happened So Far

    by Phil Stilton October 19, 2023
    by Phil Stilton October 19, 2023

    TRENTON, NJ – Governor Phil Murphy of New Jersey recently embarked on a nine-day Economic Trade Mission to East Asia, focusing his efforts on Japan and South Korea to bolster …

  • MIsc. News

    CBP offers free webinars to help businesses report trade violations

    by US Border Patrol October 14, 2023
    by US Border Patrol October 14, 2023

    WASHINGTON – U.S. Customs and Border Protection (CBP) announced a new series of quarterly training webinars and resources to help small- and medium-sized businesses report trade violations that threaten their …

  • Business News

    China’s trade slump likely eased further in September, adds to stabilisation signs: Reuters poll

    by Reuters October 11, 2023
    by Reuters October 11, 2023

    By Joe Cash BEIJING (Reuters) – China’s exports likely contracted at a slower pace for a second consecutive month in September, a Reuters poll showed on Wednesday, adding to a …

  • US and World News

    China extends Taiwan trade probe, Taipei cries election interference

    by Reuters October 9, 2023
    by Reuters October 9, 2023

    BEIJING/TAIPEI (Reuters) – China on Monday extended an investigation into what it calls Taiwan’s trade barriers against it by three months to the eve of the island’s presidential election, prompting …

  • Business News

    Commonwealth Bank of Australia cuts 192 back-office jobs, says trade union

    by Reuters October 9, 2023
    by Reuters October 9, 2023

    (Reuters) – Australia’s biggest lender Commonwealth Bank of Australia will cut 192 jobs from its back office operations in Sydney, Melbourne and Perth, including some workers currently employed by BankWest, …

  • Business News

    WTO halves 2023 goods trade growth forecast

    by Reuters October 5, 2023
    by Reuters October 5, 2023

    GENEVA (Reuters) – The World Trade Organization halved its growth forecast for global goods trade this year, saying that persistent inflation, higher interest rates, a strained Chinese property market and …

  • Business News

    US trade deficit narrows to nearly three-year low in August

    by Reuters October 5, 2023
    by Reuters October 5, 2023

    WASHINGTON (Reuters) – The U.S. trade deficit narrowed more than expected in August as exports increased solidly, likely positioning trade to support economic growth in the third quarter. The trade …

  • US and World News

    UK minister says “zero” chance of free trade deal with Biden

    by Reuters October 3, 2023
    by Reuters October 3, 2023

    MANCHESTER, England (Reuters) – British business and trade minister Kemi Badenoch said there was a “zero” chance of a free trade agreement (FTA) with the United States under President Joe …

  • Business News

    At WTO, growing disregard for trade rules shows world is fragmenting

    by Reuters October 2, 2023
    by Reuters October 2, 2023

    By Philip Blenkinsop (Reuters) – Nothing illustrates the crisis at the World Trade Organization more than the piling up of unresolved disputes and the growing list of what it terms …

  • Business News

    Brazil September trade surplus hits record but misses expectations

    by Reuters October 2, 2023
    by Reuters October 2, 2023

    BRASILIA (Reuters) – Brazil’s trade surplus reached a historic high for September, but fell slightly short of market estimates, according to government data released on Monday. The trade surplus for …

  • Business News

    WTO chief sees early signs of ‘dangerous’ trade fragmentation

    by Reuters October 2, 2023
    by Reuters October 2, 2023

    GENEVA (Reuters) – The head of the World Trade Organization said on Monday that early signs of global trade fragmentation were appearing, criticising so-called ‘reshoring’ and ‘friendshoring’ between trade blocs. …

  • Business News

    China Evergrande shares set to resume trade on Tuesday

    by Reuters October 2, 2023
    by Reuters October 2, 2023

    (Reuters) -China Evergrande Group said on Monday it has applied to the Hong Kong Stock Exchange for trading in its shares to resume on Tuesday, adding there is currently no …

  • US and World News

    Argentina presidential candidates trade barbs in first debate

    by Reuters October 1, 2023
    by Reuters October 1, 2023

    By Walter Bianchi BUENOS AIRES (Reuters) – The main candidates for Argentina’s presidency clashed in the first debate of the campaign on Sunday, trading barbs over who is to blame …

  • Business News

    Mexican auto lobby urges authorities to fix border ‘crisis’ as trade hit

    by Reuters September 29, 2023
    by Reuters September 29, 2023

    MEXICO CITY (Reuters) – Mexico’s main auto industry association on Friday urged Mexican authorities to step up efforts to work with the United States to deal with a “migration crisis” …

  • Business News

    China trade council asks U.S. to “carefully consider” tech investment ban

    by Reuters September 29, 2023
    by Reuters September 29, 2023

    SINGAPORE (Reuters) – China’s international trade council has formally asked the United States to “carefully consider” rules that ban or restrict U.S. investments in China’s tech sector, state television reported …

  • Business News

    Traders wary of volatility as JP Morgan fund’s big options trade looms

    by Reuters September 28, 2023
    by Reuters September 28, 2023

    By Saqib Iqbal Ahmed NEW YORK (Reuters) – A $16 billion JP Morgan fund, expected to reset its options positions on Friday, is drawing traders’ attention as a potential source …

  • MIsc. News

    CBP Trade Advisory Committee Convenes for Fiscal Year-End Public Meeting

    by US Border Patrol September 28, 2023
    by US Border Patrol September 28, 2023

    Container ships docked at the port of Savannah in Georgia at dusk. Photo by Jerry Glaser Discussions began on a serious note when members of U.S. Customs and Border Protection’s …

  • US and World News

    Trade between Colombia, Venezuela could hit $1 billion this year

    by Reuters September 27, 2023
    by Reuters September 27, 2023

    CARACAS (Reuters) – Trade between Colombia and Venezuela could hit between $800 million and $1 billion this year, Colombia’s Trade Minister German Umana said in Caracas on Wednesday. Trade between …

  • US and World News

    Ukraine grain corridor should not replace broader deal – UN trade chief

    by Reuters September 27, 2023
    by Reuters September 27, 2023

    By Jonathan Saul LONDON (Reuters) – Ukraine’s move to create a shipping channel for grain exports is a positive step for global food security, although efforts continue to reach a …

  • Business News

    Russian trade, remittances boost Central Asia growth prospects – EBRD

    by Reuters September 27, 2023
    by Reuters September 27, 2023

    By Jorgelina do Rosario LONDON (Reuters) – Central Asian economies from Mongolia to Kazakhstan and Uzbekistan will see strong growth this year and next thanks to rising trade and remittance …

  • Business News

    South Korea to allow foreign financial firms to trade won onshore

    by Reuters September 25, 2023
    by Reuters September 25, 2023

    SEOUL (Reuters) – South Korea said on Tuesday it will begin accepting applications starting Oct. 18 from foreign financial institutions for permits to participate in the onshore dollar-won interbank market. …

  • Business News

    Hawkish Fed unwittingly stokes Treasuries ‘basis trade’ risks: McGeever

    by Reuters September 25, 2023
    by Reuters September 25, 2023

    By Jamie McGeever ORLANDO, Florida (Reuters) -The Federal Reserve’s hawkish stance on interest rates, and determination to reduce its balance sheet, may inadvertently be stoking financial stability risks by encouraging …

  • Business News

    EU car group calls for urgent action on post-Brexit trade rules

    by Reuters September 24, 2023
    by Reuters September 24, 2023

    By Nick Carey (Reuters) – The European Union and Britain need to take urgent action to postpone rules for electric vehicles traded between the bloc and the UK that will …

  • MIsc. News

    CBP officers seize $7.7 million in methamphetamine at World Trade Bridge

    by US Border Patrol September 23, 2023
    by US Border Patrol September 23, 2023

    LAREDO, Texas—U.S. Customs and Border Protection, Office of Field Operations officers assigned to the World Trade Bridge this week seized $7.7 million in methamphetamine in a single enforcement action. “Our …

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