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U.S. third quarter economic expansion was revised upward on Tuesday due to brisker personal consumption and firm inventories, but the U.S. central bank predicted that the world's largest economy still had to grapple with a slackening economic growth pace in the coming years. FASTER 3Q GROWTH THAN FIRST THOUGHT U.S. economy's growth pace was revise...
NORTHWESTERN China's Horgos customs station recorded a trade value of US$2.5 billion during the first 10 months of this year, Xinhua reported. Export value increased 10.3 per cent to $1.3 billion. Import value surged 229 per cent to $1.2 billion. Imported crude oil amounted to 2.05 million tonnes with a value of $1.2 billion. (Source:www.schednet.com)...
BEIJING - A climate change report published Monday in China highlighted the fact that the country's great potential lies in renewable energy. The report, entitled "Annual Report on Actions to Address Climate Change," which was published by the Social Sciences Academic Press, said: "With the support of renewable energy policies, China has been making ra...
BEIJING - China October ore imports from India stood at 2.91 million tons, down 39 percent since September and 44 percent compared with the same period of last year. India accounted for 6.4 percent of China's total ore imports in October, down from 9 percent in September and almost 20 percent in May, before the monsoon season disrupted shipments. O...
Gold futures on the COMEX Division of the New York Mercantile Exchange inched up on Monday, paring earlier losses, as concerns over the further spread of the eurozone debt crisis spurred traders to return to the precious metal as a safe-haven. But the greenback's recovery has kept a lid on gold. Silver also edged higher, but platinum retreated. The...
China said on Tuesday it would punish six companies, including affiliates of the country's two oil giants, for selling diesel above the state-set prices, in an effort to ease the diesel shortage and keep soaring prices in check. The companies, including Sinopec's units in Wuhan and Luoyang, and PetroChina's Wuhan unit, were selling diesel at prices a...
The Chinese government has allocated a total of 200 billion yuan (30.12 billion U.S. dollars) from its central budget for energy conservation and emission cutting from 2006 to 2010, said an official with China's top economic planning body Monday. The fund was expected to generate a total non-government investment of two trillion yuan, said He Bingguang...
Saudi tycoon Prince Alwaleed bin Talal and his investment arm Kingdom Holding Company (KHC) have invested 500 million U.S. dollars in U.S. automaker General Motors ' initial public offering (IPO) last week, taking a one percent stake in the auto giant. "The decision of Kingdom Holding Company and Prince Alwaleed to invest in GM was based on the global ...
Port of Tallinn is the biggest port authority in Estonia and as far as both cargo and passenger traffic are taken into account, the biggest port on the shores of the Baltic Sea.
Qingdao Saint Voyage Logistics Inc. (SVL) is an Experienced International Shi
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