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The world's poorest countries are barely engaging in global economy, but fully liberalizing trade for these countries into G20 markets could boost their exports by about 15 percent, according to a report released on Thursday by the United Nations Conference on Trade and Development (UNCTAD).
DPRK's mission to the United Nations rejected the latest U.N. sanctions on the communist nation as "discriminatory" and "unfair," repeating the country's long-running claims that its nuclear program is for self-defense.
The U.N. Security Council's five veto powers are close to approving new sanctions on North Korea to cut the isolated state's earnings from exports by more than a quarter, principally by targeting its coal exports to China, diplomats said on Friday.
South Korea's mobile phone exports posted a steep decline last month as Samsung Electronics discontinued its latest flagship smartphone Galaxy Note 7 on reports of catching fire and overheating, a government report showed on Thursday.
Samsung Vietnam will maintain its current staff numbers and its exports target in 2016 despite the parent company scrapping its flagship Galaxy Note 7 phone following a series of battery fires.
South Korea's exports fell 5.9 percent last month due to labor strikes in major automakers and Samsung Electronics' recall of its new flagship Galaxy Note 7 smartphone, a government report showed on Saturday.
Exports of goods and services to China continue to play an essential role in the U.S. economy and job growth, according to a report released Thursday by the U.S. -China Business Council (USCBC).
Japan's exports tumbled in July at the fastest pace since the global financial crisis with a resurgent yen and weakness in overseas economies weighing on overseas shipments - a warning that Japan cannot rely on exports to drive growth.
Japan's exports in July suffered their sharpest monthly fall in seven years, data showed Thursday, as a surging yen clouds the country's trade picture, with shipments of cars, ships and steel all tumbling.
Korea's economy grew 3.2 percent in the second quarter of this year compared to the same period of 2015, slightly more than the 3.1 percent economists had predicted.
The Chinese government has been discouraging iron and steel exports in the midst oflackluster demand in the global market, the Ministry of Commerce said on Tuesday.
Growing demand from China partly offset a further collapse in New Zealand's pillar dairy exports last month, the government statistics agency said Monday.
Japan fell into a trade deficit in May, the first since January, the Finance Ministry said Monday, as renewed yen strength pressured exports.
China's exporters are turning to an alternative plan to underpin exports as foreign trade continued to be affected by weak demand, experts said.
New Zealand's trade deficit in the year to the end of March rose to its highest figure in almost seven years on the back of plunging dairy prices, the government statistics agency said Wednesday.
Australian wine exports to China have lifted 64 percent in the past 12 months, according to a report released on Monday.