Australian thermal coal shippers such as BHP Billiton, Glencore, Peabody Energy and Rio Tinto may potentially have to wait until June 2017 for China to eliminate its 6% tariff on imports of Australian thermal coal, the Australian government ...
Tags: Import Tariff, Thermal Coal
France headquartered Solvay Group said it is investing in fibre and smart polyamide textile yarn production technology to meet the growing market demand for innovative textile products. “An investment of around R$ 50 million is ...
Tags: Solvay, Textile Yarn
Bangladesh has expressed concern over the US trade bill concerning the Trans Pacific Partnership (TPP) apprehending that a less developed country (LDC) like Bangladesh would lose its competitive edge in the American market due to ...
Tags: US trade bill, American market, Apparel
The cotton textiles export promotion council (TEXPROCIL) has said that the removal of benefits on exports to African countries in the new foreign trade policy will affect shipments of value added products like cotton dyed and printed ...
Tags: cotton textiles, Textile
In its latest report, USDA has projected the global 2015/16 cotton production to decline 6 per cent from the previous season to 111.3 million bales. “Lower crops are forecast for most major cotton-producing countries in 2015/16, ...
Tags: Cotton Output, cotton production
Australian-based Beston Global Food Company has revealed it has acquired milk producer United Dairy Power from the receivers. The South Australian based United Dairy Power which was an aggregator of milk suppliers across Victoria and ...
Tags: Dairy Power, milk
It is often assumed that emerging-economy living standards are bound to converge with those in developed countries. But, leaving aside some oil exporters and the city-states of Hong Kong and Singapore, only three countries and regions ...
Tags: emerging economy, financial crisis
China and Australia signed a long-awaited Free Trade Agreement (FTA) on June 17 in Canberra, Australia. The agreement ensures 85 percent of all Australian exports enter China tariff-free and 95 percent when the deal is in full force. ...
Tags: Free Trade Agreement, FTA
The IATA reports that air freight volumes were up 3.3% in April compared to a year ago, which was below the 4.3% expansion seen so far this year. The April result provides a clearer reading of air freight market performance, after holiday ...
Growth in China's electricity consumption, an important indicator of economic activity, slightly recovered in May but still remained low, suggesting persistent weakness in the world's second largest economy. Power-use rose 1.6 percent ...
US automobile major Ford has flagged off its 2016 Ford Explorer SUV with EcoBoost four-cylinder engine and a new Platinum series from its Chicago Assembly unit. The 2.3-liter EcoBoost four-cylinder engine has specifications of 280 ...
Tags: Ford, Ecoboost Engine
For the first time, India is leading the growth chart of major economies, even ahead of China, according to the World Bank Group’s latest Global Economic Prospects (GEP) report. In India, new reforms are improving business and ...
Tags: World Bank's Growth, Economies
Chinese shares rose to the highest level in seven years in volatile trade as bets that MSCI Inc will include mainland shares in its indexes overshadowed weaker shipments data. The ChiNext index of smaller and startup companies tumbled 4.67 ...
South Africa will stop imposing tariffs on poultry imports from the US, paving the way to resume trade in the country which had been closed for the past 15 years. The two countries have reached an agreement to this effect, as per which, ...
Tags: Agriculture, Food, Policy, Opinion
Chinese imports and exports shrank again in May, the latest sign of sputtering growth in the world's second biggest economy that adds to pressure on Beijing to avoid a sharp slump. Customs data released Monday showed that exports ...
Tags: China Economy, China Trade