South Korea's trade ministry said in a statement that the high U.S. tariffs on Korean steel pipes- over $100 million annually- put them at a price disadvantage compared with imports from India and other countries. The U.S. International Trade Commission ruled in August that "oil country tubular goods" imports from South Korea, India, Taiwan, Turkey, Ukraine and...» Read More
Growth in advanced economies has hit a road bump and using quantitative easing (QE) measures will not help them to speed up growth, said Olivier Blanchard, chief economist of the International Monetary Fund.
The World Trade Organization has ruled that a U.S. ban on Chinese poultry is illegal, giving Beijing a win in the first international commerce ruling against the administration of President Barack Obama.
The elections will leave the Republican Party in disarray on key economic issues. Congressional Democrats won’t be able to identify potential compromises until they know what Republicans want. This will create an opening for President Obama to frame his vision for international economic policy.
The poultry tariffs are another example of China’s willingness to use its economic leverage when it feels it is being challenged. The NYT reports.
High unemployment may last for a long time because of the sluggish economy, bad politics and advances in technology, Jack Welch, author of "Straight from the Gut," told CNBC Thursday.
Thailand's automobile industry is making a strong comeback following the global financial crisis, supported by robust recovery in demand.
Of the 15 most important world economies, the United States ranks in the middle in terms of economic and business dynamism, said Hamid Moghadam, chairman and CEO of AMB Property, an international industrial realty developer which focuses on distribution.
In an effort to help prevent another stock market fall-out like the "flash crash", regulators are seeking to reign in high-frequency trading by exploring ways to slow down the rapid trading process.
South Korea, Thailand, Indonesia, Malaysia and others in Southeast and East Asia are benefiting from an export-driven regional boom and the lessons of a financial crisis a decade ago.
Barclays has agreed to pay $298 million over criminal allegations that it illegally engaged in financial transactions with banks in Cuba, Iran, Libya, Sudan and Burma, the Justice Department disclosed in court papers filed Monday.
If shipments into one major U.S. port are any indication, we’re in for a stellar holiday shopping season.
Politics and the dollar are the biggest problems, but various industries identified dozens of smaller hurdles that they claim hinder trade. The NYT reports.
The Swiss economy has not only recovered from the global recession of 2009 but so far also coped well with the recent spike in an already strong currency.
President Barack Obama said Saturday his administration will launch talks with South Korea aimed at resolving remaining issues blocking the completion of a South Korea free trade agreement.
Are power stocks about to power up? Our research suggests that regulated utilities could soon outperform.
China's currency announcement has the potential to boost American exports, says Fred Hochberg, President and Chairman of the US Export-Import Bank.
An anti-China trade sanction bill in the U.S. would be a "huge mistake", stresses Stephen Roach, chairman at Morgan Stanley, noting that it will be a bad political decision with a bad economic outcome.
Federal regulators have allowed a new online exchange to proceed to trade future box-office receipts for movies.
The trade deficit, along with the credit and housing bubbles, were the principal causes of the Great Recession. Now, a rising trade deficit and continued weakness among regional banks, still burdened by bad loans, threatens to stifle the emerging recovery and keep unemployment near 10 percent through 2011.
This will be a shorter note today. My hometown is going to have its annual Fireman's Parade. Local school groups and fire departments (mostly volunteers) and such proudly gather at one end of Katonah and march a few hundred yards to the other end.