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Economic Measures Trade

  • Saudi Arabia's energy minister Khalid al-Falih

    Oil may not help Saudi Arabia's relationship with Trump, but it has something else to offer, writes Breakingviews' Andy Critchlow.

  • GENEVA, Feb 1- Sudan wants to finalize its membership of the World Trade Organization this year, its international cooperation minister said on Wednesday as he reopened talks on joining the world body after a 13- year hiatus. Sudan first applied to join in 1994 but its journey towards membership has been in limbo since March 2004, at a time when its government was...

  • Real tax reform, not a tax holiday, is the answer: Amb. Glassman

    Discussing the Trump administration's plans for a tax holiday and its effect on companies, with Amb. James Glassman, former under secretary of State, and Amb. Alan Wolff, former deputy Trade Representative.

  • It imports roughly 700,000 barrels per day of oil, mostly from Canada and Saudi Arabia, for its 1.6- million-bpd refining network, according to the latest figures from the U.S. Energy Information Administration. Gulf Coast refiners would be able to take advantage of the reduced costs of exports, but landlocked refiners in the Midwest and import-dependent...

  • Janet Yellen

    Trump could be poised to dramatically revise the Fed's monetary policy outlook over the next 10 years, according to a Deutsche Bank report.

  • Radar screen

    The shipping industry is increasingly at risk from cybersecurity attacks and a gap in insurance policies is leaving them vulnerable.

  • BRUSSELS, Feb 1- The European Union and Mexico have set two new rounds of trade talks in the first half of 2017, an acceleration of negotiations to deepen economic ties in the wake of Donald Trump's inauguration as U.S. president. The European Commission said on Wednesday that EU Trade Commissioner Cecilia Malmstrom and Mexican Economy Minister Ildefonso...

  • *China's activity expands for sixth month in a row. LONDON/ SINGAPORE, Feb 1- Factories across the world fired up-- or at least kept up activity in January-- with some registering multi-year output, just as a barrage of political risks threaten the global economy with potential harm. Rising protectionism from the United States, concerns over how Britain's...

  • LAUNCESTON, Australia, Feb 1- There is fundamental justification for the strong start to 2017 for iron ore prices, with imports by top buyer China remaining robust and showing no signs of easing. For example, vessel-tracking data showed a total of 987.6 million tonnes of iron ore being discharged in China in 2016, which is 3.6 percent lower than the 1.02 billion...

  • UK equities benefiting form a weaker pound

    Lucy MacDonald, CIO of global equities at Allianz Global Investors, discusses the U.K. equity market and how that may change as Brexit gets underway.

  • TOKYO, Jan 31- Imports of crude oil by Iran's four major buyers in Asia gained 90 percent in December compared with the same month a year earlier, with purchases by South Korea up sevenfold and India's more than two times higher. Iran's top four Asian buyers- China, India, South Korea and Japan- imported 1.89 million barrels per day last month, data from governments and...

  • LAUNCESTON, Australia, Feb 1- There is fundamental justification for the strong start to 2017 for iron ore prices, with imports by top buyer China remaining robust and showing no signs of easing. For example, vessel-tracking data showed a total of 987.6 million tonnes of iron ore being discharged in China in 2016, which is 3.6 percent lower than the 1.02 billion...

  • Euro Dollar

    The Trump administration’s sabre-rattling on the dollar will run afoul of real-world economics, a global currency strategist at Nikko Asset said.

  • TOKYO, Feb 1- The dollar edged up against a basket of major peers on Wednesday as bargain hunters stepped in after the dollar slid overnight to a seven-week low, reflecting mounting concerns that the United States was poised to ditch a two decade-old "strong dollar" policy. The greenback had sunk the previous day as Trump and trade adviser Peter Navarro criticized...

  • SEOUL, Feb 1- South Korean exports rose in January for a third consecutive month and at the fastest pace in nearly five years, preliminary data showed on Wednesday, handsomely beating expectations. Wednesday's news was not all good, however, with a survey showing South Korea's manufacturing activity contracted for a sixth straight month in January on...

  • Not true that trade

    Monica de Bolle at PIIE says that both the U.S. and Mexico have much to lose if NAFTA unravels.

  • TOKYO, Feb 1- Japanese manufacturing activity expanded in January at the fastest pace in almost three years as export orders surged, a private survey on Wednesday, suggesting that overseas demand has rebounded strongly. However, some economists may temper their optimism due to concerns that growing U.S. trade protectionism could threaten Japan's...

  • SEOUL, Feb 1- South Korean exports in January rose for a third consecutive month and at the fastest pace in nearly five years, preliminary data showed on Wednesday, handsomely beating expectations. Wednesday's news was not all good, however, with a survey showing South Korea's manufacturing activity contracted for a sixth straight month in January on...

  • SINGAPORE, Feb 1- Chicago soybean futures edged lower on Wednesday, giving up the previous session's gains as record Brazilian production and improving weather in Argentina boosted world supply prospects. Worries about flooding in Argentina's soy belt lifted soybean futures to a six-month high on Jan. 18, but values have since retreated.

  • Unclear if Trump, staff are like-minded: Academic

    Nicholas Burns, professor at the Harvard Kennedy School, weighs in on the President's policies on immigration and trade.