Russia and Saudi Arabia signed on Tuesday a protocol on the conclusion of bilateral talks on Russia's accession to the World Trade Organization (WTO), a RIA Novosti correspondent reported according to RIA Novosti. Russia, the only major economy outside the WTO, has been seeking membership in the organization since 1993. So far, Moscow has concluded bi...
Officials from the U.S. Bureau of Industry and Security met with their counterparts from Singapore Friday to discuss ongoing bilateral engagement and future cooperation in addressing transshipment and other export control issues. The bureau said it welcomed Singapore's recent adoption of the expanded control list and conveyed interest in continuing to...
China's central bank on Tuesday rejected as exaggeration warnings that the nation's exports are set to drop sharply, leading to an economic hard landing. An analysis of the impacts of weaker export growth should be objective and allow no excessive exaggeration, the Institute of Finance Research under the People's Bank of China (PBOC) said in a report....
Although Europe enjoyed higher than expected growth in the first quarter, analysts remain pessimistic about the European economy in the second quarter. The European Union's statistics office revealed Tuesday that the 15-member eurozone's economy enjoyed an annual 2.2-percent growth rate in the first quarter due to increased investment and strong econo...
The 18th World Economic Forum on Africa is going to start on Wednesday in Cape Town, South Africa. Under the theme of Capitalizing on Opportunity, the meeting will address the challenges that Africa must address if it is to be seen as a reliable and competitive partner in the global economy. A globally-attuned agenda that secures Africa's place in...
Haier, one of China's Top 100 IT Companies, launched its first after-sale services center in Jordan, in an attempt to extend more extensive technical support to its Middle Eastern customers, an official with the company told Xinhua on Sunday. Yan Xuhong, General Manager of Haier Middle East, inaugurated the center and affirmed that it would provide fa...
Korean Air and China Eastern Airlines have added five flight routes into their code-share cooperation, under which both carriers can sell seats on each other's flights. The five routes, including Shanghai-Seoul and Beijing-Seoul, expanded the cooperation from the two previous routes to seven. The number of flights had been increased from 36 to 160...
Wall Street retreated Monday as major financial firms rekindled investors' concerns about the economic slowdown and the credit crisis. The U.S. Institute for Supply Management reported that the ISM manufacturing index rose to 49.6 from 48.6 in April, showing U.S. manufacturers saw their businesses contract further and the economy is continuing o...
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