Media
Media
GENEVA: The World Trade Organization (WTO) on Wednesday ruled against the European Union in its long-term dispute with the United States over alleged illegal subsidies provided to Europe's aviation giant Airbus. In its final ruling report, the WTO expert panel confirmed US complaints that the EU and some of its member states had provided "prohibited ex...
Alarming levels of trade protectionism among G-20 countries are threatening global economic recovery, trade and employment, a new report has found. The research report, “G-20 Protection in the Wake of the Great Recession”, commissioned by the International Chamber of Commerce’s (ICC) Research Foundation and researched and written by th...
TOKYO - Industrial production in Japan slipped 0.1 percent in May from a month earlier, marking the first decrease in three months, the Ministry of Economy, Trade and Industry (METI) said in a preliminary report Tuesday. The decline follows a sharp rise in April from a month earlier of a revised 1.2 percent and METI said that industrial production in Ja...
SEOUL - South Korea posted a six-month high current account surplus on the back of strong exports, decreased dividend payouts to foreign investors, and a fall in overseas travel spending, the central bank said Tuesday. According to the Bank of Korea (BOK), the May current account surplus stood at $3.83 billion, soaring from a revised $1.42 billion the p...
BEIJING - Despite the many challenges facing China's manufacturing industry, the country will remain king of manufacturing competitiveness over the next five years, consulting firm Deloitte said in a recent report. Backed by a relatively abundant pool of unskilled and skilled talent, China is still among the top drivers of competitiveness including tal...
WASHINGTON: The US Commerce Department Monday set final antidumping duties (AD) on imports of some $55.92 million woven electric blankets from China, a move might escalate trade disputes between the two countries. "Commerce determined that Chinese producers/exporters have sold woven electric blankets in the United States at 77.75 to 174.85 percent," sai...
Lead recyclers in China, the world's largest, have idled about 8 percent of capacity because of high input costs, according to a State-owned researcher. About 100,000 metric tons of the country's 1.2 million tons in annual lead recycling capacity have been suspended, said Hu Yongda, analyst at Beijing Antaike Information Development Co. China is the w...
CHONGQING - Chinese mainland and Taiwan negotiators signed the long-awaited Economic Cooperation Framework Agreement (ECFA) in Chongqing Tuesday afternoon, a move hailed by many as a milestone in cross-Strait relations. Aiming to establish a systematic mechanism for enhancing cross-Straits economic cooperation, the ECFA was agreed upon by the mainland'...
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
qq.com