Jobless claims hit 25-year high, imports plunge

Jobless claims hit 25-year high, imports plunge Doug Palmer WASHINGTON (Reuters) - The number of U.S. workers drawing jobless benefits hit a 25-year...

Global crisis hits over 1,300 south China firms, Export houses shut in India

The after effects of the economic meltdown are affecting China and India severely.  Export oriented companies have been hit hardest in both countries. In southern China, factories that have relied on exporting to the United States and other rich nations have begun...

China Says More Dairy Makers Have Contaminated Milk

The Chinese tainted milk scandal continues to spread each day. Today the country revealed that the number of dairy producers who have the contaminated milk is even wider than originally thought."China, embroiled in the tainted milk scandal that has killed four babies, said 15...

Pakistani putting more rice on world plates

" The rice exports from Pakistan during July-August – the first two months of the new fiscal year – increased by 147.34 per compared to the corresponding period of the last financial year. A total of 403,935 metric tons of rice costing $ 366,582,000 was exported during...

Argentina: President Christina Fernandez drops grain tax hike

In reaction to yesterday´s decision by Argentinean Congress to reject a bill on grain tax hike, President Christina Fernandez de Kichner decided to drop such proposal.  This decision is a double defeat for the current government. On one hand, it represents a forced bow...

British food exports hit record as Poles develop taste for Twinings

A record amount of British food was exported last year, thanks to the growing appetite of Polish consumers for Kentish beer and Twinings tea.

Singapore third biggest trade partner of RI: Envoy

""Our exports to Singapore is the third biggest after those to Japan and the United States. Last year`s data from the Central Bureau of Statistics showed that our exports Singapore reached more than 9 billion Singapore dollars," the ambassador said.In terms of foreign...