South Korea has imported Iranian oil for the first time in six months amid U.S. sanctions on Iran, a Korean business web portal said on Wednesday. "Iranian crude oil export to South Korea has resumed six months after U.S. economic sanctions," said Business Korea. It is said that one...

Britain remains a world-leading destination for foreign investment despite Brexit clouds and the departure of a number of companies, International Trade Secretary Liam Fox said Wednesday. Interviewed by AFP at the World Economic Forum in Davos, Fox also welcomed a proposal by Poland that...

Japan logged a trade deficit last year for the first time since 2015, with export growth slowing amid tensions between the country's two biggest trading partners -- China and the United States. Japan logged the deficit of 1,203 billion yen ($11 billion) in 2018 after two years of surplus,...

China and Europe take centre stage at Davos on Wednesday, a day after Brazil's hard-right President Jair Bolsonaro promised reform and respect for the environment to the world's business elite. Top billing at the World Economic Forum will go to Chinese Vice President Wang Qishan, a key...