German arms exports have reached a new record level for the second year in a row, mostly due to continued and growing military aid for Ukraine, according to the Economy Ministry. Between January 1 and June 18, the German government approved a total of weapons exports worth at least €7.48 billion ($8.01 billion), up 30% […]
By Jihoon Lee SEOUL (Reuters) – South Korea’s exports are expected to have risen for a ninth consecutive month in June, with semiconductor sales to the U.S. leading the increase, although the growth rate likely slowed on calendar effects, a Reuters poll showed on Thursday. Exports in June from Asia’s fourth-largest economy are forecast to […]
(Bloomberg) — Russia’s weekly crude exports fell by the most in more than three months in the seven days to June 23, with maintenance at key ports also trimming the less volatile four-week average. Most Read from Bloomberg Work at Primorsk on the Baltic Sea and Kozmino on the Pacific coast cut shipments through Russia’s […]
Open markets and green technologies are vital for stabilising global growth, China’s premier said on Tuesday, while criticising trade tensions as he opened a conference in north-eastern China. Li Qiang told political and business leaders attending the World Economic Forum Annual Meeting of the New Champions, also known as the “Summer Davos”, that China is […]
TAIPEI, Taiwan (AP) — Open markets and green technologies are vital for stabilizing global growth, China’s premier said Tuesday, while criticizing trade tensions as he opened a conference in northeastern China. Premier Li Qiang told political and business leaders attending the World Economic Forum Annual Meeting of the New Champions, also known as the “Summer […]
By Andrew Mills DOHA (Reuters) – Nvidia has signed a deal to deploy its artificial intelligence technology at data centres owned by Qatari telecoms group Ooredoo in five Middle Eastern countries, Ooredoo’s CEO told Reuters. The agreement marks Nvidia’s first large-scale launch in a region to which Washington has curbed the export of sophisticated U.S. […]
(Bloomberg) — Indonesia’s exports rose by the most in a year, beating expectations for a decline, as metal and electrical goods bolstered the nation’s trade. Most Read from Bloomberg May exports climbed 2.86% from a year ago, the highest increase since February last year, according to data from the statistics office. That compared with a […]
KYIV (Reuters) – New rules to prevent Ukranian agricultural exports below official minimum prices will start in August at the earliest, a senior agriculture ministry official said late on Wednesday. The new export price mechanism will apply to shipments of wheat, corn, sunflower oil, soybeans, rapeseed and some other agricultural commodities. Disruption due to the […]
The European Commission is “analysing” the opening of an investigation by China into so-called anti-dumping duties on EU pork and its by-products. China’s commerce ministry launched the probe yesterday (17 June), purportedly in retaliation to the EC’s “provisional” notification last week to impose tariffs on imported Chinese battery electric vehicles (BEV). In making that proposal, […]
Israel’s defence exports reached a new record high last year, according to official figures. The Defence Ministry announced on Monday that Israeli arms exports amounted to the equivalent of about $12.9 billion in 2023 – the third year in a row that arms exports had broken records. Israeli arms exports have doubled within the past […]
Credit: SMIC China’s semiconductor exports are growing, but today’s success might not be the clear victory that state media makes it out to be. Industry analysts believe that China’s chip sector may be reaching overcapacity and that supply will dwarf demand in the coming months. That could mean we see predictions of a price war […]
(Bloomberg) — Russia’s four-week average crude exports ticked up in the period to June 9, ending a run of declines. Most Read from Bloomberg Exports had fallen in each of the previous four weeks on that measure, producing a cumulative cut of 390,000 barrels a day, or 11%. That was the biggest such reversal since […]