Reuters Asia

WTO sees “subpar” 2023 trade growth with multiple risks

GENEVA (Reuters) – The World Trade Organization raised its forecast for global trade growth this year, but still predicted a slowdown and warned of risks from the Ukraine war, geopolitical tensions, food insecurity, inflation and monetary policy tightening. The Geneva-based trade body said on Wednesday that merchandise trade volumes would increase by a “subpar” 1.7% …

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Coal India to boost supplies to industries as utilities’ inventories rise

(Reuters) – Coal India Ltd will increase supplies to industries, the world’s largest coal miner said on Wednesday as fuel inventories at utilities run by coal increased by over two-fifths over the last one year. The state-run miner has historically prioritised supplies to power plants, sometimes at the expense of the non-regulated sector – which …

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