Stories tagged “Trade.”
30 stories
U.S. Bets $400 Million on Australian Scandium Miner to Break China's Grip
The United States is committing $400 million to an Australian scandium producer to reduce reliance on Chinese supplies of the critical metal.
The US FCC has added Chinese humanoid robots and power inverters to a list, restricting their sale due to cybersecurity and supply-chain risks. This move aims to protect the nascent American robotics industry from Chinese dominance.
Kazakhstan Weighs New Routes as Drone Strikes Squeeze Black Sea Oil Exports
Kazakhstan is exploring new oil export routes to bypass the Black Sea, which has become increasingly risky due to drone strikes impacting Russian ports and shipping.
Saudi Arabia can break the Houthis’ grip on the Red Sea
Saudi Arabia is forming a naval coalition to counter Houthi threats in the Red Sea, aiming to restore order in the vital shipping lane disrupted by the Iranian-backed group.
Japan logs current account surplus of ¥17.43 tril in 1st half of 2026
Japan's current account surplus surged 22.5% year-on-year to ¥17.43 trillion ($110 billion) in the first half of 2026, marking the highest level since 1985, driven by a positive goods trade balance and increased overseas investment income.
Shein finds there's no place like China after Vietnam experiment disappoints
Shein's 15-hectare Vietnamese warehouse hub near Ho Chi Minh City has underperformed, pushing the Chinese fast-fashion retailer back toward its Guangzhou roots.
Japan recorded a current account deficit of 92.3 billion yen in June, the first shortfall in 17 months, missing economist forecasts for a 1.51 trillion yen surplus. Larger dividend payouts to foreign investors and rising oil import costs drove the reversal.
Tattoos have become increasingly popular, but their acceptance in the workplace remains a topic of debate. Research suggests that visible tattoos can still affect job prospects, particularly in certain industries.
Iranian media outlets are discussing Iran's strategic efforts to establish a new regional order in West Asia by asserting control over the Strait of Hormuz, a move reportedly accepted by the US due to geopolitical pressures.
The Iranian Revolution Guard Corps (IRGC) claims the United States has accepted defeat in its war against Iran, having scaled back its objectives to focus solely on reopening the Strait of Hormuz.
A PRP chieftain, Yakubu Kingsley, criticized Donald Duke's opposition to the Lagos-Calabar Coastal Highway, advocating for constructive criticism and acknowledging positive government projects.
Chinese electric car sales have risen across Europe to a record high driven by strong demand and low tariffs in the UK and a surge in buyers in Italy. The share of electric cars sold by Chinese brands rose to 14.2% across western European markets in the first five months …
Iran has presented six stringent conditions to the United States for reopening the Strait of Hormuz, a critical global chokepoint for oil and gas, dampening hopes for a swift resolution.
Russia: Facing Fuel Shortages, Moscow Forced to Import Gasoline from Morocco
Russia imported gasoline from Morocco for the first time in July 2026, a move necessitated by domestic fuel shortages caused by Ukrainian drone attacks on its refineries. This marks a new supplier for Russia amidst existing US sanctions, with Washington reportedly not blo…
China-Australia relations have stabilized at a "good enough" baseline for Canberra, according to former diplomat Graham Fletcher, despite Beijing's desire for deeper engagement. The ties, strained since 2017, are now on a more realistic footing.
Cocoa in Ivory Coast: State claims stock purchases complete, sector denounces opaque operation
Ivory Coast's state regulator claims to have completed the purchase of 100,000 tons of cocoa beans to alleviate a market crisis. However, producer organizations are denouncing a lack of transparency and demanding an audit of the funds used.
Up to 20,000 seafarers remain trapped in the Gulf as the US-Iran war enters its sixth month, with 17 crew members killed since February and repeated ceasefire deals collapsing shortly after announcement.
Iran has issued a new list of demands to the United States, complicating efforts to reopen the critical Strait of Hormuz. NBC News' Keir Simmons reports from Doha.
Strategist explains why U.S. yen support is built to fail
U.S. efforts to support the Japanese yen are unlikely to produce a lasting recovery as Japan's economic policies, interest-rate gap, and preference for a weaker currency continue to work against the intervention, according to Yardeni Research.
The UAE accused Iran of targeting a tanker belonging to its state-owned oil company in the Strait of Hormuz, even as both Iran and Oman suggested talks on administering the vital waterway were progressing.
Africa: From Capital to Prosperity - Can Africa build the financial engine for its industrialisation?
Africa's industrialization ambitions are primarily hindered by inadequate financial architecture and the high cost and inaccessibility of long-term capital, rather than a shortage of ideas or entrepreneurial energy. Deepening capital markets is crucial for the continent t…
Iran's Supreme National Security Council has announced that the Strait of Hormuz will remain closed until the US meets a set of Iranian demands, including ending threats against the Leader of the Islamic Revolution and withdrawing US naval and air forces involved in the b…
US Senate passes sweeping sanctions targeting Russian energy revenues
The U.S. Senate overwhelmingly passed a bipartisan sanctions package targeting Russian energy revenues, aiming to deprive President Putin of funds for the war in Ukraine.
Iran's Deputy Minister of Industry, Mining and Trade emphasized the necessity of elevating Iran-China economic relations. The two countries are set to sign a revised commercial agreement and develop strategic partnerships, joint investment, and value chains.
A senior Iranian lawmaker announced that the general framework for an agreement with Oman on the Hormuz Strait has been established, with the final text and details to be released soon.
Shipping Through Hormuz Drops Sharply as Tensions Rise
Shipping traffic through the Strait of Hormuz has significantly decreased amid rising geopolitical tensions, impacting global oil supply routes.
China’s Crude Imports Bounce Back After Historic June Slump
China's crude oil imports rebounded significantly in July, reaching 43.69 million metric tons, or 10.29 million barrels per day, after experiencing a historic slump in June.
Oil Prices Jump as Houthi Attacks Raise Saudi Supply Risks
Oil prices surged due to escalating Houthi attacks in the Red Sea, which threaten Saudi Arabian supply routes and increase geopolitical risk in the Middle East.
The US has imposed tariffs and minimum prices on polysilicon products to protect its domestic industry from Chinese competition. The tariffs will be 15% and the minimum prices will be set at $21 per kilogram for polysilicon, $100 per kilogram for blocks and wafers, $0.22 …
China and US take tit-for-tat measures in trade war. Analysts say only major action or breach of core interests can prevent Xi-Trump summit.