Russian energy exports will face significant challenges, according to the head of the International Energy Agency (IEA)

Russia will likely lose its energy battle with the West, according to Fateh Berol, executive director of the International Energy Agency (IEA), because the amount of crude oil purchased by China and India won't be enough to make up for the decrease in shipments to Europe. Berol told CNBC'...

Korea intends to minimize its reliance on China for exports by looking to the Middle East, America, and the European Union

According to nine economy-related ministries on Wednesday, the government would make every effort to fine-tune export plans as part of a larger objective of bolstering Korea's trade balance, which is exhibiting symptoms of a larger-than-expected deficit.

Among the goals are to boost...

Japan is reconsidering deadly weapon exports by modifying tight regulations

According to a government source, Japan is considering exporting lethal weapons by altering its tight limits on the transfer of defense equipment under its postwar pacifist Constitution.

According to the source, one of the proposals being discussed is that the government will allow such...

A further demonstration of energy cooperation is France's gas exports to Germany

European nations must rely on one another to survive through the approaching winter since Russian gas supplies have been cut off. It has been decided that France will supply Germany with natural gas in exchange for Germany providing France with power. FRANCE 24 analyzes the pros and cons of this ...

India has opened an investigation into the rise in South Korean exports of an iron alloy

India is looking into whether or not an increase in imports of Ferro Molybdenum from South Korea, which is used in steel, nickel, and cobalt alloys, is hurting Indian companies. A group of Indian manufacturers, including the Indian Ferro Alloy Producer's Association, Boon Metal &Alloy Cor...

The EU Unites After Ukraine’s Wreckage

On July 20, 2022, the European Commission announced the idea of a plan to minimise gas usage at its offices, which are situated in the Berlaymont, which is located in Brussels, Belgium. This announcement was made in order to have the European Union prepared for supply limits. Because of the attem...

As Russian cuts get worse, the EU and Norway agree to enhance gas exports

On Thursday (23 June), the European Union and Norway reached an agreement to work together to send additional gas from western Europe's largest producer to the EU's 27 member states, nearly half of which are now dealing with Russian gas supply cuts.

After Russia restricted gas d...

Oil and gas exports from the United States are driving up domestic prices

The United States' oil and natural gas business has long pushed for and received relief from government export limitations, which were imposed in the last decade. The purported explanation was that the United States will have enough oil and gas to spare due to the so-called "shale revolu...

After Malaysia banned chicken exports, Singapore's national dish is in jeopardy

As a result of Malaysia's decision to halt all chicken exports, Singapore is bracing for a shortage of its de facto national dish, chicken rice.

As supplies of the staple food deplete from neighbouring Malaysia, where production has been interrupted by a global feed scarcity, restau...

In a blow to Singapore, Malaysia has reaffirmed its prohibition on live chicken exports

Malaysia has maintained that it will stop exporting all live chickens, effectively ruling out the possibility that some restaurants in Singapore might still be able to import free-range or premium chickens.

Live birds, whole carcasses, chilled and frozen meat, chicken parts, and chicken...

According to a high-ranking politician, Pavel Zavalny, Russia is considering accepting Bitcoin as payment for its oil and gas exports

"Friendly" nations might be permitted to pay in cryptocurrency or their local currencies.

Earlier this week, Russian President Vladimir Putin stated that he would want "unfriendly" countries to purchase Russian gas in roubles.

The action is said to be inten...

UAE Announces its Industrial Exports Reach 120 billion Dirhams

The industrial sector of the United Arab Emirates has been flourishing with increased growth and development. The Ministry of Industry and Advanced Technology has observed a historic rise in the country’s industrial exports that have totaled to approximately 120 billion Dirhams in 2021.

CHINA’S DEMAND FOR INTERNATIONAL TRADE TALENT; SPENDING ON IT RISE

Highlights –

• China’s demand for international trade talent; spending on IT rise.
• The country's demand for such talent grew 11.2 percent year on year.
• China's spending on information technology (IT) grow 10 percent year o...

CHINA’S EXPORTS & IMPORTS ROSE 28.2% BETWEEN JAN-MARCH

Highlights –

• China’s exports & imports rose 28.2% between Jan-March.
• Exports jumped by 30.1 percent from a year earlier.
• The trade surplus increased by 56.2 percent year on year.
• The trade surplus last month narro...

JAPAN’S CURRENT ACCOUNT SURPLUS ROSE TO $12 BILLION IN APRIL

Highlights –

• Japan’s current account surplus rose to $12 billion in April.
• April saw a larger rise in exports than in imports in terms of value.
• Imports jumped 11.3 percent to 6.54 trillion yen.
• Primary income, gained...

CHINA’S EXPORTS AND IMPORTS RISE; SHIPMENTS OF WEARABLE DEVICES RISE

Highlights –

• China’s exports and imports rise; shipments of wearable devices rise.
• Makers of wearable devices in the country shipped 27.29 million units in Q1 of 2021.
• China's total imports and exports expanded 28.2 percent ...

JAPAN’S EXPORTS SAW LARGEST INCREASE BY 38% IN APRIL

Highlights –

• Japan’s exports saw largest increase by 38% in April.
• Exports of goods in April soared to 7.18 trillion yen.
• Imports rose 12.8 percent in April to 6.93 trillion yen.
• Exports to China grew 33.9 percent fro...

CHINA’S TRADE WITH N. KOREA ROSE TO $30.60 MILLION IN APRIL

Highlights –

• China’s trade with N. Korea rose to $30.60 million in April.
• China's exports to North Korea rose more than 120 percent to 28.75 million in April.
• In March, chemical fertilizer, pesticide, herbicide, and related ...

DEMAND FOR ICT PRODUCTS IN S. KOREA ROSE 32.6 PERCENT IN APRIL

Highlights –

• Demand for ICT products in S. Korea rose 32.6 percent in April.
• In April, outbound shipments of ICT products were estimated at US$17.06 billion.
• Imports last month reached $10.78 billion, up 21.5 percent from a year earli...

S. KOREA’S AUTOMOBILE EXPORTS ROSE TO 53% IN APRIL

Highlights –

• S. Korea’s automobile exports rose to 53% in April.
• In April, S. Korea’s outbound shipments of automobiles reached 188,293 units.
• Hyundai Motor Co. saw its exports jump 40.3 percent in April.
• SsangY...