India Responding well to US-China Trade war: EEPC India

KOLKATA: The Government is responding well to the rising trade tensions between the world’s two largest economies, maintaining a stance that serves the cause of Indian exporters best, realising how critical exports are for the Country’s big macro picture, EEPC India said recently. EEPC India , representing engineering exports which account for about one-fourth of
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European shipowners welcomed the free trade agreement between the EU and Singapore, which was signed during last week’s Asia-Europe summit. “European shipowners welcome the fact that the EU and Singapore show their commitment to free, fair and rules-based trade at a time that protectionism is on the rise,” Martin Dorsman, ECSA’s Secretary General, said. “Shipping needs global
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Booming intra-Asia trades stand to benefit the most from a lengthy US-China trade war.  But low freight rates, overcapacity and poor schedule reliability is putting pressure on shipping lines operating in what is the world’s biggest container market. According to Philip Damas, head of Drewry Supply Chain Advisors, intra-Asia works “on different dynamics” to the
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NEW DELHI: India attracted USD 22 billion of FDI flows in the first half of 2018, according to a UN report which states that the global foreign direct investment dropped by 41 per cent in the same period due to tax reforms carried out by the Trump administration. The UN Conference on Trade and Development
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Global stocks were mixed Thursday, as the macroeconomic anxieties behind recent wild swings continued to drag on Asian bourses. The Stoxx Europe 600 was up 0.2% in opening trading, slightly extending its rally so far this week after dropping 5% in the past month. That followed a drop in Asia-Pacific markets, where Chinese stocks in
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Global stocks dropped on Monday, resuming last week’s slump on concerns around global trade tensions and fresh uncertainty over a Brexit deal. The Stoxx Europe 600 was down 0.4%. In Asia, Japan’s Nikkei Stock Average dropped 1.9% while Hong Kong’s Hang Seng was down 1.2%. In the U.S., futures pointed to a 0.4% opening drop
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Global shares were having their best day in nearly a month on Friday as European and Asian markets recovered from a brutal selloff that still left them set for their worst week since February. After a partial recovery in Asian shares overnight, European stocks opened higher, with the pan-European STOXX 600 <.STOXX> up 0.9 percent
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Seaborne trade expanded by a healthy 4 per cent in 2017, the fastest growth in five years, while UNCTAD forecasts similar growth this year, according to its Review of Maritime Transport 2018. Volumes across all segments are set to grow in 2018, with containerised and dry bulk commodities expected to record the fastest growth at
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Investor confidence in China has declined due to the ongoing trade tensions between the United States and China, Director of IMF’s Monetary and Capital Markets Department, Tobias Adrian, said on Wednesday, October 10. Trade tensions driven by tit-for-tat tariffs by the duo were one of the key issues highlighted during IMF’s launching of the fall
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NEW DELHI: The ongoing trade war between the US and China that has witnessed Beijing slapping higher duties on American goods in tit-for-tat action has opened up a window of opportunity for India that has long struggled to contain a widening trade deficit with its giant neighbour. But gains are contingent on getting market access
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