Exports of textiles, garments and wet grinders from Tamil Nadu’s Coimbatore are facing significant delays as the escalating conflict in West Asia disrupts cargo movement through key international sea routes, affecting trade with Gulf countries and other overseas markets, officials said on Thursday. Chennai, March 5 (IANS) Exports of textiles, garments and wet grinders from...Read More

Home News Import Prices Rose 0.2% in January, Export Prices Rose 0.6% Washington, DC, March 5, 2026–U.S. import prices increased 0.2% in January, the U.S. Bureau of Labor Statistics reported, following a 0.2% advance in December.  Higher prices for nonfuel imports...Read More

China’s government has instructed the country’s largest oil refiners to halt exports of diesel and petrol as an escalating conflict in the Persian Gulf disrupts the supply of crude from one of the world’s largest producing regions, according to a report by Bloomberg. Officials from the National Development and Reform Commission, the country’s leading economic...Read More

TOKYO – Honda Motor Co. said Thursday it will import two of its U.S.-manufactured models for sale in Japan from the second half of 2026, using a framework under a tariff agreement between the two nations. Under the Japan-U.S. tariff deal, Japan decided to promote the domestic sale of passenger vehicles manufactured and safety-certified in...Read More

China’s government has told the country’s largest oil refiners to suspend exports of diesel and gasoline as an escalating conflict in the Persian Gulf disrupts the arrival of crude from one of the world’s largest producing regions. Officials from the National Development and Reform Commission, the country’s top economic planner, met refinery executives and verbally...Read More

Bangladesh imports nearly BDT 1.5 trillion worth of energy products annually, including liquefied natural gas (LNG), refined and unrefined petroleum products, liquefied petroleum gas (LPG) and coal. Fossil fuel imports have risen at an unusual pace over the past decade. Allegations persist that ministers, bureaucrats and a section of business groups under the now-ousted Awami...Read More

An Iraqi government adviser revealed on Wednesday that Baghdad is only days away from deciding to completely halt oil production for export from southern fields, due to escalating tensions in the Strait of Hormuz. Shipping traffic through the Strait of Hormuz has been suspended for the fifth consecutive day after Iran attacked several vessels amid...Read More

Bangladesh Bank governor Md Mostakur Rahman has ordered stricter surveillance in import-export trade after a recent incident of over-invoicing was detected in a bank. He gave this instruction in a meeting held with senior officials of the central bank on Wednesday (March 4), according to meeting sources. At the meeting, the governor said that a...Read More