WASHINGTON/ HAVANA, July 1- An historic agreement to restore diplomatic ties between Washington and Havana could provide fresh momentum for lawmakers and activists seeking to chip away at- and eventually upend- the 53- year-old U.S. trade embargo. "This is more than symbolism," said Geoff Thale, program director at the Washington Office on Latin America, a group...» Read More
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.
Highly-correlated global markets will likely continue to correct until October, Robin Griffiths, technical strategist at Cazenove Capital, told CNBC on Monday. But there is a very good chance of a mid-summer rally within the correction, he added.
U.S. businesses sold $528 million in food products to Cuba last year, from small dairy farmers to multi- billion dollar agribusiness corporations. And they seem to have one thing in common: mixing a little social messaging in with their sales.
Wen Jiabao must be cursing the timing. China’s mild-mannered premier flies into Seoul on Friday for a summit with South Korea and Japan where he probably hoped to talk about booming trade ties. Instead, he will be put on the spot over North Korea.
American industries of all kinds—from travel and telecom to construction and energy—would be poised to profit if the 52-year trade embargo with Cuba were lifted. Among the first businesses to cash in would be those involved with tourism, most experts agree.
The moral of the Aesop’s fable is idleness brings want. Today, the ants are Germans, Chinese and Japanese, and the grasshoppers are American, British, Greek, Irish and Spanish, says the FT's Martin Wolf.