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Companies

US bars imports of Malaysia's Top Glove over alleged labor abuse

Foreign worker issues are already resolved, top manufacturer says

A Top Glove factory: The company counts on the North American market for nearly a quarter of its sales. (Photo courtesy of Top Glove)

SINGAPORE -- Malaysia's Top Glove, the world's largest maker of rubber gloves, had imports of its products blocked by U.S. customs authorities, the company said Thursday, in what appears to be an action prompted by allegations of labor abuse.

The Malaysian stock exchange halted trading of Top Glove shares in response to a detention order by U.S. Customs and Border Protection. The company is also traded on the Singapore Exchange, where its shares ended down 11%.

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