Pakistan-India trade shows signs of recovery despite tensions
Pakistan's imports from India have risen again despite the formal suspension of trade between the two neighbours, according to new data from Pakistan's central bank. The figures suggest a gradual recovery in commercial flows after the sharp disruption that followed the conflict in 2025. The development comes as relations remain strained, with border and air links still shaped by the fallout from last year's fighting.The State Bank of Pakistan said Pakistan imported goods worth $61.7m from India from July to September this year, up 69% from the same period a year earlier. The bank's payment data showed monthly payments for... [Continue Reading]
360LiveNews | 11 Nov 2026 09:38 LONDON
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US Embassy in Yemen Rejects Houthi Blockade Claims and Cites Port Traffic
The US Embassy in Yemen has rejected Houthi claims that a Saudi-led blockade is cutting off access to the country. In a video posted in Arabic, embassy spokesperson Khaled Wolfsberg said goods are still reaching areas under Houthi control. He also accused the Houthis of besieging Taiz, a city that has remained a focal point in Yemen's war.The embassy said 272 commercial ships unloaded cargo at the Houthi-held ports of Hodeidah, as-Salif and Ras Isa between January and September 2026. It said the figures show that maritime trade and supply flows have continued despite the conflict. The statement also pointed... [Continue Reading]
360LiveNews | 11 Nov 2026 09:35 LONDON
China trade surplus tops $1 trillion again ahead of APEC talks
China's trade surplus has passed $1 trillion in the first 10 months of the year, putting the country on track to exceed last year's record. Official customs data showed the surplus reached $1.04 trillion through October, with exports continuing to rise sharply. The figures come just days before expected talks between Xi Jinping and Donald Trump at the Asia-Pacific Economic Cooperation summit.The General Administration of Customs said exports rose 35.2% year-on-year in October to $412.3 billion, while imports increased 41.6% to $307.1 billion. Chinese exports to the United States also grew 32.9% last month, underscoring the strength of outbound trade... [Continue Reading]
360LiveNews | 11 Nov 2026 01:31 LONDON
Arizona Federal Court Rejects Bid to Block Hermosa Critical Minerals Project
District Court for the District of Arizona last week denied a motion for a preliminary injunction seeking to stop construction of the Hermosa Critical Minerals Project in southeastern Arizona. The court action leaves the project moving forward after the request to halt work was rejected. The project is described as one that will establish a domestic source of manganese and substantially increase domestic production of zinc. The source says both minerals are essential to the steel used in military vehicles and naval vessels. It also says battery-grade manganese is essential to advanced lithium-ion batteries used in unmanned aerial vehicles, radios,... [Continue Reading]
Breaking-360LiveNews | 10 Nov 2026 16:32 LONDON
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Russia expands 'unfriendly countries' policy into courts and family law
Russia's designation of so-called unfriendly countries is being applied more broadly inside the country, reaching domestic courts, family law, property rights and financial obligations. The policy, first formalised in March 2022 after Russia launched its full-scale invasion of Ukraine, was originally presented as a response to states that imposed sanctions or other restrictions on Moscow. New examples now show it influencing decisions that go beyond trade and diplomacy.The latest reporting says the list covers the United States, the United Kingdom, Canada, Japan, South Korea, Switzerland, Ukraine, Australia, New Zealand and European Union member states. This autumn, the Russian government nearly... [Continue Reading]
360LiveNews | 10 Nov 2026 16:02 LONDON
Russian diesel tankers divert as Trump-Putin deal fails to deliver US cargoes
At least three tankers carrying Russian diesel have changed course after a deal between US President Donald Trump and Russian President Vladimir Putin failed to deliver cargoes to the United States. The shipments were meant to reach the American market under an October agreement, but none has arrived so far. The latest vessel-tracking data suggests the plan is now under strain.The supplied report says buyers are worried about legal exposure because Congress's ban on Russian energy imports remains in place. It adds that Russia has sent out four diesel tankers since the deal was agreed, with the Talisman and the... [Continue Reading]
360LiveNews | 07 Nov 2026 13:09 LONDON
South Korea seeks to expand Cheonghae naval mission closer to Hormuz Strait amid piracy rise
South Korea is moving ahead with a plan to extend its Cheonghae anti-piracy patrols from the Gulf of Aden toward waters near Oman, after officials said piracy off Somalia has increased this year. The defence ministry said the patrol area would reach waters near the port of Duqm, about 650 kilometres from the Strait of Hormuz, while remaining outside the strait itself. The proposal is part of a wider effort to protect shipping routes linked to South Korea's energy imports and merchant fleet.The ministry said 36 piracy incidents had been reported off Somalia so far this year, compared with 11... [Continue Reading]
360LiveNews | 05 Nov 2026 13:31 LONDON
China warns of retaliation as EU weighs new trade defence tool
China's ambassador to the European Union has warned that Beijing would retaliate if Brussels adopts restrictive measures against Chinese interests. The warning comes as the European Commission considers a new trade defence instrument designed to respond more quickly to market disruption linked to imports. The proposal has been described as a fast-response mechanism that could limit access to the EU market in certain circumstances.Cai Run said China opposes what he called the politicisation of economic and trade issues, the stretching of security concepts, and the use of unilateral pressure. He added that if the EU insists on restrictive and discriminatory... [Continue Reading]
360LiveNews | 05 Nov 2026 11:35 LONDON
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