World Trade

Global trade soars in first quarter, but services still in doldrums

Global trade bounced back to a record high early this year, although service industries are still a shadow of their pre-pandemic selves, UN economists UNCTAD said on Tuesday.

East Asian countries led economic recovery in last quarter of 2020, says UN report

Without the resilience of the economies of East Asia and the Pacific, there would have been no global trade recovery at the end of last year, UN analysts said on Wednesday.