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Global trade

China’s trade surplus swells to $877.6B as exports grow

BEIJING ((DailyNews)) — China’s trade surplus swelled to a record $877.6 billion last year as exports rose 7% despite weakening U.S. and European demand...

China trade shrinks amid virus pressure, interest rate hikes

BEIJING ((DailyNews)) — China’s imports and exports shrank in November under pressure from weakening global demand and anti-virus controls at home.Exports sank 9% from...

EU edges closer to $60-per-barrel Russian oil price cap

BRUSSELS ((DailyNews)) — The European Union was edging closer to setting a $60-per-barrel price cap on Russian oil — a highly anticipated and complex...

Jiang Zemin, who guided China’s economic rise, dies

BEIJING ((DailyNews)) — Jiang Zemin, who led China out of isolation after the army crushed the Tiananmen Square pro-democracy protests in 1989 and supported...

Biden, Macron ready to talk Ukraine, trade in state visit

WASHINGTON ((DailyNews)) — French President Emmanuel Macron is headed to Washington for the first state visit of Joe Biden’s presidency — a revival of...

Police smash European cocaine ‘super cartel,’ arrest 49

BRUSSELS ((DailyNews)) — Law enforcement authorities in six different countries have joined forces to take down a “super cartel” of drugs traffickers controlling about...

As British voters cool on Brexit, UK softens tone towards EU

LONDON ((DailyNews)) — The British government on Sunday denied a report that it is seeking a “Swiss-style” relationship with the European Union that would...

Thailand to stress sustainability at Asia-Pacific summit

BANGKOK ((DailyNews)) — Leaders from the 21-member Asia-Pacific Economic Cooperation forum begin a two-day summit in Thailand’s capital on Friday with a crowded backdrop...

Southeast Asian leaders call for unity amid global tensions

PHNOM PENH, Cambodia ((DailyNews)) — Cambodian leader Hun Sen called for unity Sunday, telling a gathering including Russia, China and the United States that...

Biden pledges US will work with Southeast Asian nations

PHNOM PENH, Cambodia ((DailyNews)) — President Joe Biden promised Saturday that the United States would work with a strategically vital coalition of southeast Asian...

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