US., China at Odds over Market Economy Status for Chinese Goods
14:43 | 29/01/2016 Global Economy
Nearly a year ahead of a change that could affect the calculation of antidumping duties on U.S. imports of Chinese goods, the two sides are already disputing what the change will mean in practical terms. Observers say the issue may only be resolved through litigation at the World Trade Organization, which could take several years to conclude.
Thai rice producers to cut output
10:54 | 25/01/2016 Global Economy
Thai rice farmers, millers and exporters have agreed to the government's plan to cut rice production in the 2016-17 crop, according to the local website “Bangkokpost.com”.
Russia slashes GDP forecast for 2016: Draft
10:16 | 19/01/2016 Global Economy
Russia's Economy Ministry has changed its 2016 forecast to predict economic contraction rather than slight growth and has lowered its average oil price assumption to $40 per barrel, a draft document showed last Friday.