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Japan exports fall for first time since 2016 as trade war fears mount

Thursday, October 18, 2018, 2:06 PM

Japan's exports fell in September for the first time since 2016 as shipments to the United States and China declined, likely impeding third quarter economic growth and adding to concerns about the broadening impact of an escalating Sino-US trade war. Japanese policymakers also remain wary about the overall economic impact of the international trade frictions.
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Saudi Arabia to supply 4 million barrels of extra oil to India in Nov

Thursday, October 11, 2018, 12:41 PM

World's largest oil exporter Saudi Arabia will reportedly supply Indian oil buyers with an additional 4 million barrels of crude oil in November. Reliance Industries, Hindustan Petroleum, Bharat Petroleum, and Mangalore Refinery and Petrochemicals are reportedly seeking an additional 1 million barrels each from Saudi in November. US sanctions on Iran's oil exports will take effect on November 5.
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India tops US list for high tech sales, export controls eased

Tuesday, July 31, 2018, 9:24 AM

In a major boost to India, the US today eased export-controls for high-technology product sales to New-Delhi by designating it as a Strategic-Trade-Authorization-1 (STA-1) country, the only South-Asian-nation to be on the list. The granting of STA-1 status to India comes after the US recognised India as a "Major-Defence-Partner" in 2016, which allows India to buy more advanced and sensitive-technologies from America at par.

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