Trade News

Architect of Unsuccessful Yahoo Bid Leaves Microsoft Jul 25, 2008

The architect of Microsoft's effort to buy Yahoo is leaving his job, in an unexpected move that raises questions about the software giant's continued pursuit of the Internet company, the San Jose Mercury News reported on Thursday. Kevin Johnson, a longtime lieutenant of Microsoft Chief Executive Steve Ballmer, reportedly is taking a top job at Juniper...

Luxury Begins at Home for Consumers Jul 25, 2008

Domestic buyers have outnumbered overseas investors as dominant consumers of Shanghai's luxury apartments, figures showed Thursday. Of the 2,017 units of luxury apartments - those with an average transaction price of more than 30,000 yuan (US$4,400) a square meter - sold in Shanghai between January and June, only 159 units were purchased by overseas in...

Rising Prices Eating into Farmers' Income Jul 25, 2008

A dozen Big Macs - that is what a Chinese farmer will be able to buy with his earnings from one mu (0.066 hectares) of wheat this summer. It is also about four burgers less than what he could afford last year. Farming one mu of wheat will yield 153 yuan ($22) of net income this summer, a recent official survey on farmers' income has showed. Risin...

HK's 1H mainland investment up 95%, raising hot money questions Jul 25, 2008

First-half Hong Kong investment in the mainland nearly doubled in value from a year earlier, the Ministry of Commerce reported on Thursday, although it's unclear how much of this investment was actually speculative funds or so-called hot money. From January to June, the mainland approved the establishment of 6,900 Hong Kong-invested projects, down 8.2 ...

Chinese mainland-Taiwan trade hits record high in H1 Jul 25, 2008

Trade between the Chinese mainland and Taiwan reached 68.01 billion USD in the first half of 2008, up 23.0% year-on-year, according to statistics issued by the Ministry of Commerce on July 23. In the first half of 2008, Chinese mainland exports to Taiwan were 13.08 billion USD, increasing by 18.9%; and the imports from Taiwan totaled 54.93 billion USD,...

Indonesia Tea Export to Increase by 8 Pct This Year Jul 24, 2008

Indonesia's tea export may rise by 8 percent this year on the back of stronger demand, National Tea Council chairman Abdul Halik said. International demand for our tea will likely increase as demand for tea from Kenya and Srilanka. the world's largest tea exporters, is predicted to decrease this year, he was quote by the Jakarta Post as saying Wednesd...

Russia to raise oil export duty to record $495.9/ton from AugustJul 24, 2008

Russia's government has approved a rise in Russian oil export duty of $97.8 to a record $495.9 per metric ton as of August 1, the government press service said on Tuesday according to RIA Novosti. Export duties on light oil products will rise to $346.4 per ton from August 1, 2008, from the current $280.5, and duty on heavy petroleum products will grow...

Oil price down to $129.55 in London and to $127.95 in New YorkJul 24, 2008

In London, the September Brent Crude contract was down $1.05 on July 22 to $129.55 per barrel on the ICE Futures exchange. Light Sweet Crude for August delivery fell $3.09 to $127.95 on the New York Mercantile Exchange, Finmarket reports. Source: American Shipper      

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Transportation Center Connecting As

Transportation Center Connecting Asia and Europe Market

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.

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Qingdao Saint Voyage Log

Qingdao Saint Voyage Logistics Inc. (SVL) is an Experienced International Shi

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