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Chicago's three major agricultural products tumbled on Thursday as U.S. dollar gained strength and the export sales posted slowed pace. The wheat touched a 2-week low while corn fell for the sixth time in latest seven trading days. The most active corn contract for December delivery dropped 9. 15 cents, or 1.6 percent, to 5.6415 U.S. dollars per bushel...
SINGAPORE is taking a 50-strong delegation to Nantong, Jiangsu province, to discuss growing trade of US$6.17 billion, a 25.5 per cent increase in the same period of January to August, with the fastest growing coastal city in north Jiangsu and the Yangtze River Delta (YRD) region. Last year Singapore's exports to Jiangsu amounted to US$2.7 billion while...
China's producer price index (PPI), a major measure of inflation at the wholesale level, increased by 4.3 percent year-on-year in September, the National Bureau of Statistics (NBS) announced Thursday. On a month-on-month basis, China's PPI grew 0.6 percent in September from August, the NBS said. (Source: China Daily)
Growth of China's industrial value-added output accelerated to 16.3 percent year-on-year in the first three quarters, the National Bureau of Statistics (NBS) announced Thursday. The growth was 7.6 percentage points higher than the same period last year, NBS said. According to the NBS, the country has made a 13.5 percent of increase in the third qua...
Currency wars have no winners, and overstressing currency issues would only be distractive, a renowned American economist said here Tuesday. Like other wars, no winners will emerge from currency wars, as a nation can only succeed if others allow it to succeed, Joseph Stiglitz, a Columbia University professor, told Xinhua in an exclusive interview. "...
The world's largest debtor is using dollar dominance and debts to suck the wealth from emerging economies. In a drummed-up currency war, in which China is viewed as the main target, the United States once again revealed its desire to promote the redistribution of global wealth to its own advantage. A currency war is in essence a financial war, or a...
Beer brewed from highland barley grown in southwest China's Tibet Autonomous Region has received a warm welcome in the United States since its debut in the north American market last year, sources from the Tibetan brewer and the U.S. importer said Wednesday. Lhasa Beer, which entered the U.S. market in August 2009, is sold at more than 1,000 stores in ...
A total of 760 exhibitors are participating in this week's 15th Macao International Trade and Investment Fair (MIF), an increase of 18 percent over last year, the Macao Post Daily reported on Wednesday. The four-day fair, which kicks off tomorrow at the Venetian in Cotai Island of Macao, will feature 1,400 booths on 30,000 square meters of floor space,...
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.
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