Private jets, elite villas, vintage wines, one-of-a-kind jewelry, and glittering watches set with colored diamonds are transforming the Chinese beach resort into a luxury hot-spot. In Sanya City, south China's Hainan Province, a four-day event, the Hainan Rende-zvous, which kicked off on April 1, is providing Chinese luxury-hungry consumers an intimate i...
The massive quake that hit Japan last month would also deal a blow to U.S. trade with Japan, the Los Angeles Economic Development Corporation (LAEDC) said on Monday. The Port of Los Angeles and the Los Angeles International Airport (LAX) is expected to witness major declines in trade between the two countries later this month, the LAEDC told a pair of Cit...
The U.S.-Colombia Free Trade Agreement (FTA) is not a partisan political issue, but a different kind of jobs bill, which is conducive to the U.S. economic and foreign policy interests, two U.S. Democratic Senators said on Monday. "Trade is critical to American innovation and economic growth. It can expand opportunity for workers and entrepreneurs, both at...
The European Union (EU) and the United States Monday agreed on 10 principles to promote trade in information and communication technology (ICT) services worldwide. The two sides promised to promote principles such as transparency of rules affecting trade in ICT and ICT services, open networks, flows of cross-border information, non- discriminatory use of ...
Australia's trade balance unexpectedly swung to a deficit in February for the first time in almost a year, as disruptions from natural disasters cut mining shipments and higher fuel prices boosted imports, latest data showed on Tuesday. The Australian Bureau of Statistics (ABS) seasonally adjusted figures showed a trade deficit of 211.63 million U.S. dol...
A delegation on behalf of Caisse des Depots, France's largest state-run investment fund, is slated to arrive in Israel on Tuesday for a study tour of the local hi-tech industry and discussions regarding potential investment in joint ventures, Hebrew daily Ma'ariv reported. The fund, which currently manages capital totaling 255 billion euro (362 billion ...
Chrysler Group LLC announced Friday that its U.S. sales jumped 31 percent from a year ago in March, to the highest level in nearly three years. The automaker sold 121,730 vehicles last month, up 28 percent from February, and 31 percent increase from March last year. This was the best March since 2008, and the highest sales for any month since May 2008. ...
China's state planning agency has called on regions and enterprises to adopt "effective measures" to keep coal prices stable as its power utilities struggle with rising costs and the government wrestles with inflation. In a notice posted on its website (www.ndrc.gov.cn), the National Development and Reform Commission (NDRC) said it would crack down on a...
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