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With the signing of the Economic Cooperation Framework Agreement (ECFA), Taiwanese businesses are hoping for better access to southeast Asian markets. "Once the ECFA comes into effect, the mainland will be a platform for Taiwanese exports to ASEAN markets," said Kristy Tsun-Tzu Hsu, associate research fellow at Chung-Hua Institution for Economic Researc...
THE World Trade Organisation has ruled in favour of the US in a case alleging that unfair state subsidies from European Union member states to Airbus over 40 years has hurt US business and workers. A dispute settlement panel at the WTO panel found that every instance of launch aid from certain EU states caused adverse effects to US interests, accordin...
China's power consumption growth in June slowed down sharply, as power use in the country's heavy industry trended lower, the Shanghai Securities News said on Monday. Growth in June power consumption fell significantly, after exceeding 20 percent yea-on-year for the first five months of the year, the paper said, quoting an official familiar with the d...
LOS ANGELES - Fake money has become a growing problem for small businesses in the United States, cutting into profits at firms, many of which are already struggling in the tight economy, a newspaper report said on Sunday. The fake bills can be hard to spot with an untrained eye, and sophisticated digital printers have made it easier for criminals ...
LONDON: BP says that it has now spent more than $3 billion in attempts to stop an oil leak in the Gulf of Mexico and to settle damage claims. The oil company said Monday that is has spent $3.12 billion so far in responding to the spill, attempting to contain oil, paying claims and reimbursing the US and local governments. BP says it has spent ...
Wilmar International Ltd, the world's largest palm oil trader, agreed to buy CSR Ltd's sugar unit for A$1.75 billion ($1.5 billion), beating China's Bright Food Group Co's bid for Australia's biggest refiner. The offer includes A$1.35 billion in cash and A$403 million in assumed net debt, Singapore-based Wilmar said today in a statement. Sydney-bas...
China Metal Recycling Holdings Ltd, the nation's biggest scrap metal recycler, plans to step up domestic acquisitions as the global economic recovery reduces supplies from overseas. The company, which counts Baosteel Group Corp and Jiangsu Shagang Group Co as customers, is seeking to buy major rivals in China's northern, middle and eastern areas to co...
China, the world's largest exporter, saw its exports to Brazil surge 57.7% year on year to US$10.76 billion in the first six months of this year, according to the latest statistics released by the Brazilian government. The country's imports from Brazil grew 17.9% year on year to US$13.47 billion during the period from January to June. In 2009, Chi...
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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