Tag Archive : Imports

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A general view of a Australian flag is seen during a welcome ceremony for Australia’s then Prime Minister Julia Gillard outside the Great Hall of the People on April 9, 2013 in Beijing, China.

Feng Li | Getty Images

Australia is investigating media reports that China has stopped taking its coal shipments, Australia’s trade minister said on Tuesday, playing down a potential sign of escalating trade tensions between the two countries.

Speaking on breakfast television, Trade Minister Simon Birmingham said the government was seeking a response from China while noting that coal flows to the country had been disrupted in recent years partly due to Chinese “domestic factors.”

Diplomatic relations soured in 2018 when Australia banned China’s Huawei Technologies from participating in its nascent fifth-generation (5G) broadband network. Australia’s call for an independent inquiry into the origins of the novel coronavirus – which first emerged in China – further angered

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Gold imports had risen in July and August as jewelers readied stocks ahead of festivals.

Photographer: Sanjay Kanojia/AFP via Getty Images

Gold imports by India slumped in September after a short-lived rebound as high prices prompted buyers to defer purchases.

Inbound shipments into the world’s second-biggest bullion consumer fell 38% in September from a year earlier to 8.4 tons, according to a person familiar with the data, who asked not to be identified as the information isn’t public. Imports were down from 35.5 tons in August. Finance Ministry spokesman Rajesh Malhotra didn’t immediately respond to a call to his mobile phone.

Weak Appetite

India’s gold imports dip again in September

Source: India’s Finance Ministry Official

Imports had risen in July and August as jewelers readied stocks ahead of festivals. But demand has cooled as buyers hold off on purchases in a bet that prices

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