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Markets 4 years ago
No slowdown yet: US import deluge tests supply chain
Last week, the Port of New York and New Jersey reported that its June 2022 volumes were the second-highest in history, capping a torrid semester that has overtaken the first half of the record-setting 2021 year by 11.4 percent.
Business 6 years ago
South Korea enters recession as exports plunge by most since 1963
The South Korean economy plunged into recession in the second quarter in its worst decline in more than two decades as the coronavirus pandemic battered exports and social distancing curbs paralyzed factory output.
Business 6 years ago
China posts first import growth since pandemic, exports also up
China's imports in June rose for the first time since the coronavirus crisis paralyzed the economy this year, as demand for commodities surged on the back of government stimulus, while exports also rose in a sign the recovery is gaining traction.
Business 6 years ago
Indonesia posts trade deficit in April as exports, imports plunge
Indonesia’s trade balance swung back to a trade deficit of US$350 million in April on the back of falling commodity prices and plummeting global demand amid the COVID-19 pandemic, Statistics Indonesia (BPS) has announced.
Opinion 6 years ago
COVID-19: An ordeal for globalization
Now, when world trade has grown so deeply interdependent, the pandemic has exploded. The result is obvious: states are becoming more protectionist and nationalistic, disrupting the global supply chain. The pandemic is testing the resilience of globalization.
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