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The U.S. dollar kept its upward momentum against major currencies in late New York trading on Thursday amid European debt problem and G20 summit. The euro fell for the fourth straight trading day against the dollar on Thursday. It fell to 1.3637 dollar, a five week low, in late trading session on the same day, as investors worried that the Irish debt pr...
Taiwan, the third-biggest importer of liquefied natural gas in Asia, imported 1.08 million tons of liquefied natural gas in September, up 29% from 843,311 tons a year earlier, China Knowledge reports citing data from Taiwan's Bureau of Energy. In September, LNG imports volume fell 4.4% from August, when the island's LNG imports were 1.13 million tons....
The central parity rate of renminbi, or China's currency yuan, strengthened 208 basis points Thursday to 6.6242 per U.S. dollar, according to the data released by the China Foreign Exchange Trading System. At present, the yuan is allowed to float on the inter-bank foreign exchange market within a daily limit of 0.5 percent each way of the central parit...
The Sri Lankan government expects to buy crude oil and other petroleum related products directly from oil-producing countries as a strategy to reduce the cost, a senior minister said Wednesday. Susil Premajayantha, Minister of Petroleum Industries, said the government has already commenced discussions with relevant countries on importing oil to Sri Lank...
An APEC business advisory body on Wednesday called on APEC leaders to take decisive action toward to creating a Free Trade Area of the Asia-Pacific (FTAAP) when they meet over the weekend in Yokohama for their annual summit. The APEC Business Advisory Council (ABAC), a group of business leaders from APEC member economies appointed to provide insight int...
Ministers of Asia-Pacific Economic Cooperation (APEC) met here Wednesday, pledging not to impose new trade barriers until 2013. APEC ministers also discussed and would finalize recommendations for Leaders on a new economic growth strategy and measures to liberalize trade and investment. The key issues include laying out the road map for the proposed...
U.S. President Barack Obama has just finished his visit to Indonesia on Wednesday after staying in the country less than 24 hours. Many expectations emerged as Indonesia is regarded of managing to increase its profile before the eye of the world. One of the expectations is that the visit could increase American investment in Indonesia. However, economis...
India is not satisfied with the U.S. President's Barack Obama's address of limited high-technology co- operation, saying his promise could benefit only a small part of the Indian research entities, local media reported on Wednesday. On Nov. 8, U.S. President Obama said in New Delhi during his visit to India, "We need to forge partnerships in high-tech...
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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