BERLIN—German exports grew at their strongest pace in more than a year in October despite persistent supply bottlenecks in manufacturing, data showed on Thursday. Seasonally adjusted exports increased by 4.1 percent on the month after falling in August and September, the Federal Statistics Office said. Imports also saw an unexpected leap, growing 5 percent after…
Oil Gains After US Infrastructure Bill Passes, Chinese Exports Rise
November 8, 2021
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LONDON—Oil prices rose on Monday as positive signs for global economic growth supported the outlook for energy demand, while Saudi Arabia’s state-owned producer Aramco raised the official selling price for its crude. Brent crude was up by 91 cents, or 1.1 percent, at $83.65 a barrel at 1028 GMT, after dropping nearly 2 percent last…
From Bratwurst to Jamon: EU Pork Sector Crown Shifts to Spain
MADRID/HAMBURG—When he was a child in Avila province, Albert Pascual’s father bought 100 pigs, but the company he now leads has more than 9,000—part of a major expansion that has put Spain on track to take over as the European Union’s top pork producer this year. “My father sold pigs at a time, in the…
Taiwan September Exports Set to Rise for 15th Straight Month: Poll
TAIPEI—Taiwan’s exports likely rose for a 15th straight month in September, a Reuters poll showed, boosted by strong demand for electronic goods as the global economy traces its path back to recovery. Taiwan, a global hub for chip production and a key Apple Inc. supplier, is one of Asia’s major exporters of technology goods, and…
US Soy Exports Hit 6-Month High as Gulf Loadings Rise After Ida; Lag Year Ago Pace
September 28, 2021
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U.S. soybean exports jumped last week to a six-month peak, while corn shipments were the highest in a month as Louisiana Gulf Coast terminals steadily ramped up operations disrupted nearly a month ago by Hurricane Ida, preliminary data showed on Monday. The export pace remained well below normal for this time of year as some…
BOJ Keeps Policy Steady, Offers Gloomier View on Exports and Output
TOKYO—The Bank of Japan kept monetary policy steady on Wednesday but offered a bleaker view on exports and factory output, as Asian factory shutdowns caused supply-chain disruptions for some manufacturers. As widely expected, the BOJ maintained its short-term interest rate target at—0.1 percent and that for 10-year government bond yields around zero percent. “Exports and…
Taiwan August Export Orders Seen Rising for 18th Consecutive Month: Poll
TAIPEI—Taiwan’s export orders likely rose in August for the 18th consecutive month, a Reuters poll showed on Wednesday, buoyed by sustained demand for technology products during the COVID-19 pandemic and ahead of the year-end holiday shopping season. The median forecast from a poll of 18 economists expects export orders to jump 20.7 percent from the…
Japan’s Hot Exports Growth Cools as COVID-19 Hits Supply Chains
TOKYO—Japan’s exports extended double-digit gains in August, led by strong shipments of chip manufacturing equipment, although the pace of growth weakened as COVID-19 hit key Asian supply chains and slowed factory production. The trade growth is unlikely to dispel worries about the outlook for Japan’s economy, which has not yet recovered to pre-pandemic levels after…
Britain No Longer in Top 10 for Trade With Germany as Brexit Bites
BERLIN—Britain is on course to lose its status as one of Germany’s top 10 trading partners this year for the first time since 1950, as Brexit-related trade barriers drive firms in Europe’s largest economy to look for business elsewhere. Britain left the European Union’s single market at the end of 2020, following more than four…
Experts Call for Greater Transparency in Canada’s Arms Exports
The federal government needs to increase the transparency of arms exports to ensure the weapons are not used in violation of human rights or agreements with Canada, a House of Commons committee heard on Tuesday. Jean-Christophe Boucher, an assistant professor in political science at the University of Calgary, told the Foreign Affairs and International Development…
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