Global trade to stabilize further as major economies re-open
A cautious optimism has continuously marched ahead over the last few months, as several advanced economies gradually “re-opened” their activities,
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Global Trade
Global Trade Rebounds 7.6% in June After Lockdown Slump
Global trade surged in June as governments started to reopen their economies from strict lockdowns earlier in the year. There
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HSBC warns loan losses could hit $13 billion as profit plunges 65%
HSBC Holdings PLC warned its bad debt charges could blow past a previous estimate to $13 billion this year and
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Project Defend: UK trade committee warns against supply chain onshoring
British MPs have welcomed government promises that its mysterious “Project Defend” will not involve localising supply chains, warning businesses that
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Meet the nominees for the top job at the WTO
After the current director-general of the World Trade Organization (WTO), Roberto Azevêdo’s surprise resignation earlier this year, the global body has now
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China Leads Recovery in Global Trade Plunge in 2020 H1
World trade fell sharply in the first half of 2020 due to the COVDI-19 pandemic. Still, some positive signs are
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China’s Trade Rises as Economy Recovers from Virus Slump
China’s trade improved in June in a fresh sign the world’s second-largest economy is recovering from the coronavirus pandemic. But
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India may go beyond China to Cut Cheap Shipments
Measures such as nominating specific ports for clearance of goods that India wants to curb can lower or even erode
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Brexit: UK set to nominate Liam Fox to lead World Trade Organization
The UK government is set to nominate former cabinet minister Liam Fox as a candidate to lead the World Trade
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Global Markets Enjoy Boost on Promising News of COVID-19 Vaccine
Global markets were on the rise Thursday on news of a potential effective vaccine for the novel coronavirus. Japan’s benchmark
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The U.S. can ‘change the world’ by devaluing the dollar, analyst claims
U.S. policymakers could “change the world” by devaluing the dollar, one analyst has claimed. Speaking to CNBC’s “Squawk Box Europe”
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Mexican President’s Plan to meet with Trump draws Criticism
Mexican President Andrés Manuel López Obrador said Wednesday he plans to travel to Washington to meet with President Donald Trump,
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Global Trade set to Shrink 18.5% in Q2, better than WTO’s worst Predictions
The global trade watchdog said that world trade fell sharply in the first half of the year, as the Covid-19
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Billionaire Investor Bill Ackman’s ‘Blank Check’ Company is Seeking to Raise as much as $6.45 billion
Bill Ackman’s “blank check” company, called Pershing Square Tontine Holdings, is seeking to raise as much as $6.45 billion. Three
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