South Korea’s exports, which account for about half of the export-driven economy, inched down 0.09 per cent in June year-on-year at 51.23 billion U.S. dollars, a government report showed yesterday, reports Xinhua from Seoul Despite the slight fall, the country’s exports topped 50 billion…

Several thousand people protested Sunday across Russia against a hugely unpopular government decision to hike the pension age that has led to a record…

After weeks of uninterrupted sunshine the strawberry season is in full swing in the so-called Garden of England, reports AFP from Faversham. But with a shortage of seasonal labourers to pick the fruits, a trend exacerbated by Brexit, there are growing fears many may be left to rot on their stems. “We…

The mood is tense at a nail factory in rural Missouri, where workers fear that steel tariffs imposed by President Donald Trump’s administration…

Across Rwanda, markets selling piles of cast-off clothes once worn by Americans have become the unlikely centre of a trade war that vendors say is ruining…

Iran vowed yesterday to defeat US efforts to block its oil exports and warned rival producer Saudi Arabia it would never take Tehran’s “place”…

Britain’s ruling Conservatives were mired in divisions over Brexit Sunday ahead of a crunch cabinet meeting next week and following warnings from the EU that time is running out to reach a withdrawal deal, reports AFP from London. Just days after backbench lawmakers told Prime Minister Theresa…

Foreign direct investment (FDI) into the Philippines in the first quarter of this year rose to 2.2 billion U.S.  dollars, or an increase of 43.5 per cent compared to the same period last year, the government said yesterday, reports Xinhua from Manila. Citing data from the central bank Bangko Sentral…

The tariff-cut amendment of the Asia Pacific Trade Agreement (APTA) became effective Sunday, with China’s Ministry of Commerce saying it would facilitate regional economic integration in Asia, reports Xinhua from Beijing. “The amendment will provide member countries new economic impetus,…

Saudi Arabia’s economy pulled out of recession in the first quarter of 2018, thanks to rising oil prices and a surge in the non-crude sector, authorities said yesterday, reports AFP from Riyadh. The kingdom’s economy grew by 1.15 percent in the first three months of the year compared to…

Japan imported from the United Arab Emirates (UAE) 19.149 million barrels of crude oil in May, 2018, official WAM reported on Saturday citing data released by Japanese Agency of Energy and Natural Resource in Tokyo, reports Xinhua from Dubai. Japanese oil imports from the UAE accounted for 20.7 per…

Total bilateral trade between Myanmar and Australia reached 11.9 million U.S. dollars in first month of the six-month transitional period which started in April, the official Global New Light of Myanmar reported Saturday, reports Xinhua from Yangon. Myanmar has changed its fiscal year period from original…