International trade

The post-pandemic rebound in global trade, which marked a period of recovery over the past two years, is now facing a significant slowdown, as per the latest report by Fitch Ratings. The agency forecasts a growth rate of only 1.9 percent…

Western companies were quick to shutter operations in Russia after the country's military invasion of Ukraine last February. But U.S. and European microelectronic tech continues to power the Kremlin's war.Key components from more than a…

Energy and environment ministers of the Group of Seven wealthy nations vowed Sunday to work to hasten the shift toward cleaner, renewable energy, but set no timetable for phasing out coal-fired power plants as they wrapped up two days of…

Last Updated: April 14, 2023, 05:58 ISTThe country’s imports also grew by 16.5 per cent to USD 714 billion in 2022-23 as against USD 613 billion in 2021-22. (Representative image)The total goods and services exports during the last fiscal…

<!-- -->Several banks have opened vostro accounts to facilitate overseas trade in the rupee. (File)Rome: International trade in the domestic currency will help reduce transaction cost for the industry, and several countries are in…

CNN  —  Farmers in central and eastern Europe protested this week against the impact of cheap Ukrainian grain imports, which have undercut domestic prices and hit the sales of…

CNN  —  While China and Russia have strengthened ties since the Kremlin’s brutal invasion of Ukraine, the US has not seen evidence that China has provided systemic material…

Hong Kong/Tokyo CNN  —  Japan will restrict the overseas sale of chip manufacturing equipment, joining the United States and the Netherlands in curbing the export of key…

Atlanta/Hong Kong CNN  —  Britain has reached an agreement to join a major trans-Pacific partnership, calling it its biggest trade deal since Brexit. The country…

The US is also getting its allies on board. In January, the Netherlands and Japan were reported to be joining in the restrictions on exports of semiconductor manufacturing equipment to China, but details are presently scant. Meanwhile,…