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Chicago grains on Monday staged fluctuating movement with trading on both sides of prior closing prices. Both corn and soybeans closed higher supported by higher oil prices while wheat inched down amid speculative long liquidation selling. The most active corn contract for May delivery climbed three U. S. cents, or 0.44 percent, closing at 6.865 U.S. doll...
The Chinese currency, or the yuan, on Tuesday strengthened 40 basis points to a new high of 6.5592 per U.S. dollar from Monday. On China's foreign exchange spot market, the yuan can rise or fall 0.5 percent from the central parity rate each trading day. The central parity rate of the RMB against the U.S. dollar is based on a weighted average of prices ...
South Korea's imports of Japanese fishery products have dropped significantly in the wake of the devastating earthquake and tsunami that have turned into a nuclear crisis, according to the Korea Customs Service on Tuesday. The Korea Customs Service said that the country's average imports of Japanese fishery products per day were 2.78 million U.S. dollar...
The US has abandoned retaliation against its former economic competitor, Japan, and instead made two allegations of unfair trade against its new rival, China. A complaint has been made through the World Trade Organisation, less than two months after China premier Hu Jintao visited Washington DC to improve business ties. US Trade Representative Ron Kirk sa...
China will further strengthen regulations to protect intellectual property rights to create a more innovative environment for foreign businesses, government officials said here Monday. "In the context of globalization, the Chinese government welcomes and encourages all forms of cooperative innovation," Zhang Yutai, head of the Development Research Center ...
TRADE Partners Worldwide, a global agency network for clients in the transportation, logistics and international trade industries, has been selected by Kerry Logistics to execute a public relations campaign on behalf of the company. It said in a statement that it will provide marketing and public relations support for the logistics firm that aims to expan...
Libya's de facto oil minister said in a press conference held here on Saturday Libyan oil fields are ready to resume their production. Shukri Ghanem, head of Libya's National Oil Company, said Libya will honor international deals signed with the world's oil companies. Last week, he said Libya's oil production had fallen dramatically due to the depar...
Renowned Chinese liquor producer Kweichow Moutai Co., Ltd. announced Monday its annual net profit in 2010 rose 17.13 percent year on year on strong market demand. Its net profit hit 5.05 billion yuan (769.17 million U.S. dollars), the Guizhou-based firm said in its 2010 annual report filed to Shanghai Stock Exchange. The company's annual business reven...
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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