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U.S. aircraft maker Boeing expects to double its purchasing of raw materials and services from Chinese suppliers by 2015, said the general manager of Boeing's parts factory located in China's northern industrial city of Tianjin. Boeing Tianjin Composites Co., Ltd. currently buys 200 million U.S. dollars worth of raw materials and services from Chinese s...
Iranian Deputy Oil Minister Javad Oji said Iran, Iraq and Syria will sign an agreement on the construction of a pipeline to transfer Iran's natural gas to Europe, Iran's Energy and Oil Information Network (Shana) reported on Wednesday. Oji said that the primary agreement on the project was reached last week in Baghdad and in the future the official agre...
South Korean conglomerate Hanwha Group is boosting efforts to expand its presence in China, one of the world's fastest growing economies. Hanwha said Wednesday in a statement it will set up Hanwha Group China (HGC), which will control the group's 9 units and 10 branches in China, in a bid to effectively adjust the group's businesses there and find new ...
South Korea's producer prices rose 6.8 percent in April from a year earlier, the central bank said Wednesday. The producer price index (PPI), a barometer of future consumer inflation, increased 6.8 percent on-year last month after recording a 28-month high of 7.3 percent in March, the Bank of Korea (BOK) said in a monthly report. Producer prices slowed...
Japan's foreign exchange reserves expanded 1.7 percent in April to hit a record 1,135.55 billion U.S. dollars, the Finance Ministry said Wednesday. The official reserve assets increased for the second consecutive month and surpassed the previous record of 1,118.12 billion U.S dollars set in last October. According to the ministry, the Japanese governme...
China's consumer price index (CPI), a main gauge of inflation, rose 5.3 percent in April from a year ago, the National Bureau of Statistics (NBS) said on Wednesday. The April figure was down 0.1 percentage points from March's 32- month high of 5.4 percent, according to the NBS. China's producer price index (PPI), a main gauge of inflation at the whol...
Singapore shares ended up for the second consecutive session, after Wall Street indices had risen overnight amid rising commodity prices. Singapore's benchmark Straits Times Index rose 19.32 points to 3,156.26 points. Trading volume remained thin at 983.7 million shares worth 1.03 billion Singapore dollars. Gainers outnumbered decliners 278 to 165, while...
South Korea's producer prices rose 6.8 percent in April from a year earlier, the central bank said Wednesday. The producer price index (PPI), a barometer of future consumer inflation, increased 6.8 percent on-year last month after recording a 28-month high of 7.3 percent in March, the Bank of Korea (BOK) said in a monthly report. Producer prices slowed...
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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