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China's Ministry of Commerce said Thursday that it will impose anti-dumping duties on imports of optical fiber from the United States and the European Union. The duties will go into effect on April 22. The duty rates, ranging from 4.7 percent to 29.1 percent, depend on the dumping margin, or the difference between the average value of the product in the ...
China Petrochemical Corp. (Sinopec) agreed to buy 4.3 million metric tonnes of liquefied natural gas (LNG) annually from Australia Pacific LNG for 20 years, Sinopec Group, Sinopec's parent company, said Thursday. Sinopec Group said the gas will be delivered from Queensland, Australia to a planned gas collection station in China's Guangxi Zhuang Autonomo...
The 109th Canton Fair, the largest trade fair in China, ended its first session this year with transactions reaching 23 billion U.S. dollars in value, which is 1.85 billion dollars more compared with the first autumn session last year. Although buyers from Middle Eastern countries declined from 8 percent to 80 percent compared with the previous first sess...
India's exports surged 37.5 per cent to US$177 billion in the financial year ending March 31 to reach a record US$260 billion compared to the previous year, according to the Ministry of Commerce. "For the first time, the figures have reached the $200 billion mark, which was a target set for last fiscal year and exports have indeed exceeded our expectati...
SINGAPORE's non oil domestic exports (NODX) increased 10 per cent in March, following a 6.9 per cent increase the previous month due to the movement of non-electronic NODX products. Non oil re-exports (NORX) decreased by 2.1 per cent in March, following a 4.2 per cent decline the previous month. Year-on-year NORX expanded by 2.6 per cent in March, after...
A pilot tax-rebate program in China's southernmost Hainan Province proved to be a huge success as first-day visits to the tax-free store exceeded expectations, a staff member said Thursday. Sanya's only tax-free store received over 15,000 customers after doors opened at 10:10 a.m. on Wednesday, said Teng Rui, the store's deputy general manager. "The ...
China's Ministry of Commerce said Thursday that it will impose anti-dumping duties on imports of optical fiber from the United States and the European Union. The duties will go into effect on April 22. The duty rates, ranging from 4.7 percent to 29.1 percent, depend on the dumping margin, or the difference between the average value of the product in the ...
Sweden's central bank, the Riksbanken, Wednesday raised its repo rate 0.25 percentage points to 1.75 percent, the bank said. "The Riksbank has decided to raise the repo rate by 0.25 percentage point to stabilize inflation, close to the target of 2 percent and avoid resource utilization becoming too high," the bank said in a statement. High energy and c...
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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