Browsing: Global Trade

ABU DHABI: The United Arab Emirates entered the world’s top 10 merchandise exporters in 2025 for the first time, ranking ninth globally after its goods exports rose to $707 billion, according to the latest World Trade Organization trade statistics. The

SEJONG: South Korea’s exports climbed to a record $86.1 billion in March, passing the $80 billion mark for the first time and posting a 48.3% increase from a year earlier, government data showed on April 1. Imports rose 13.2% to

YAOUNDE: The World Trade Organization’s 14th ministerial conference ended early Monday without agreement on extending the long-running moratorium on customs duties for electronic transmissions, a lapse that sharpened questions about the body’s ability to update trade rules and advance wider

BEIJING: China’s factory activity contracted for a second straight month in February, with the official manufacturing purchasing managers’ index (PMI) slipping to 49.0 from 49.3 in January, according to National Bureau of Statistics data released on March 4. A reading

DUBAI: Dubai International Chamber said Asia accounted for 46.9% of the multinational companies it attracted to the emirate in 2025, the biggest regional share among the new entrants it helped bring to Dubai. The chamber said it attracted 64 multinational

India marked its 77th Republic Day on Monday with senior European Union leaders attending the national celebrations in New Delhi, underscoring the country’s expanding global economic and diplomatic engagement. President Droupadi Murmu and Prime Minister Narendra Modi hosted European Commission President Ursula von der

WASHINGTON: More than seven years after President Donald Trump launched sweeping tariffs on Chinese goods, official data and widely cited economic studies show the measures raised costs inside the United States while leaving the core U.S. goods trade deficit with

WASHINGTON: U.S. President Donald Trump said the United States would impose a 25 percent tariff on goods imported from any country that continues commercial dealings with Iran, a sweeping declaration delivered without a signed executive order, published legal framework, or

MENA Newswire, SEOUL: South Korea’s exports of information and communication technology products rose more than 12 percent in 2025, underscoring the country’s central role in the global supply chain for artificial intelligence hardware and advanced digital components. Government data showed ICT

MENA Newswire, BEIJING: Canadian Prime Minister Mark Carney arrived in China this week for an official visit aimed at restoring bilateral engagement after years of strained relations, as Ottawa seeks to broaden its international economic and diplomatic ties. The visit