SHANGHAI's imports from Japan in March increased by 12.4 per cent year on year, reports Xinhua, citing figures released by customs. But the year-on-year increase was down 3.6 per cent points compared to that of February, due to the impact from the earthquake, tsunami and nuclear leakage in Japan. As Shanghai's third-largest overseas trade partner, the...
The International Mineral Investment of the China Power Investment company (CPIIM) on Wednesday presented its mining capabilities at the Guinean Mining Exhibition opened here this week. The company, which was founded in 2009 with its headquarters in Beijing, wants to partner with the Guinean political and mining authorities to develop a large-scale projec...
Boeing's recently expanded factory in Tianjin has been recognized for meeting environmentally-friendly standards set by two internationally-known organizations, said the general manager of Boeing Tianjin Composites. The new facility, located in China's northern industrial city of Tianjin, has been recognized by the USGBC (U.S. Green Building Council) an...
The level of outstanding loans held by Japanese banks including trust banks fell 0.9 percent in April from a year earlier, marking the 17th consecutive month of decline, the Bank of Japan (BOJ) said Thursday. The BOJ's figures revealed that loans held by the country's four main categories of banks, including "shinkin" or credit unions, stood at a total ...
South Korea's money supply growth rate fell to a 7-year low in March due to payments of corporate tax, the central bank said Thursday. The country's M2, so-called broad money, increased 4.3 percent on-year to 1,677.5 trillion won (1.55 trillion U.S. dollars) in March after posting a five percent on-year gain in February, the Bank of Korea (BOK) said in ...
Inflation may rise further after it hit 5.3 percent year-on-year in April, economists said, but policymakers should not increase interest rates, at least in the short term, if they want to avoid a "hard-landing". The Consumer Price Index (CPI), a key gauge of inflation, was 0.1 percentage points lower than the 32-month high of 5.4 percent in March, but it...
The U.S. dollar traded just above the 81 yen zone early Thursday in Tokyo. At 9 a.m., the dollar bought 81.02-05 yen against 81.01-11 yen in New York and 80.71-72 yen in Tokyo at 5 p.m. Wednesday. The euro was quoted at 1.4204-4205 dollars and 115.09-11 yen against 1.4188-4198 dollars and 114.95-115.05 yen in New York and 1.4384-4385 dollars and 116.10-...
Brazilian oil and gas giant Petrobras announced Wednesday it had signed an agreement with a Japanese oil consortium on the study of technical feasibility of flexible pipes for oil production in the pre-salt oil reserves. According to Petrobras, the study is its second collaboration projects with Japan Oil, Gas, and Metals National Corporation (Jogmec). ...
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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