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Hong Kong's total exports of goods increased by 8.9 percent from a year earlier in October, said the Census and Statistics Department of the Hong Kong government on Thursday. In October 2010, the volume of Hong Kong's re-exports of goods increased by 9.0 percent over October 2009, while that of domestic exports increased by 5.7 percent. Concurrent...
Philippine conglomerate San Miguel Corp. has increased its stake in Philippines' largest oil refiner. San Miguel told the Philippine Stock Exchange on Thursday that it now holds a controlling stake in Petron Corp. by buying more shares in a holding firm affiliated with London-based fund Ashmore. San Miguel said it exercised its option to acquire 60...
China is expected to be the world's largest exporter of machinery and electronic products in 2010, with export value of the goods up 30 percent year on year to 940 billion U.S. dollars, said an industrial head Thursday. China exported 842.74 billion U.S. dollars worth of machinery and electronic products in the first 11 months, up 32.7 percent from a y...
China's first pipeline for natural gas imports had carried almost 4 billion cubic meters of gas from Central Asia in its first year of operation, a pipeline supervisor told Xinhua Thursday. According to the local bureau for Entry and Exit Inspection and Quarantine in Horgos, a major land port in northwest China's Xinjiang Uygur Autonomous Region, the ...
Australia's competition watchdog has conditionally approved a tie-up between Air New Zealand and Virgin Blue on flights between Australia and New Zealand, New Zealand media reported on Thursday. The approval by the Australian Competition and Consumer Commission's (ACCC) reverses an earlier draft ruling which rejected the alliance as anti-competitive. ...
The annual trade talks between China and the United States have produced "positive outcomes," with a host of bilateral agreements signed, visiting Chinese Vice Premier Wang Qishan said on Wednesday. Announcing a joint statement after the conclusion of the 21st Joint Commission on Commerce and Trade (JCCT) meeting in Washington, D.C., Wang said the two s...
The annual trade talks between the United States and China have led to "great outcome," and will benefit both countries, U.S. Commerce Secretary Gary Locke said on Wednesday. "The work that we have done today will benefit both China and the United States," Locke said at a press conference after conclusion of the 21st Joint Commission on Commerce and Tra...
Restrictions on high-tech exports to China, rather than the Chinese currency, are the "major source" of the US trade deficit with China, the Ministry of Commerce (MOC) said on Wednesday. The ministry said that China will bring the issue to the negotiating table during the two-day China-US Joint Commission on Commerce and Trade to be held in Washington. ...
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