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President of the European Bank for Reconstruction and Development (EBRD) Jean Lemierre said Sunday the bank plans to invest heavily in Ukraine. The EBRD annually invests 1 billion U.S. dollars in Ukraine. This is the level at which the EBRD invested in Poland 15 years ago, Lemierre told a news conference held jointly with Ukrainian Prime Minister Yuli...
The dollar rose against most major currencies on Monday as the index of leading U.S. economic indicators unexpectedly rose in April. The Conference Board reported on Monday that the Composite Index of Leading Economic Indicators increased 0.1 percent in April. Economists had been expecting the index to come in unchanged. The index rose for a secon...
European Union (EU) investment in China shrank in 2007 despite a strong growth of the 27-nation bloc’s cash flow into foreign companies, official figures showed on Monday. Foreign direct investment (FDI) from the EU into China, excluding Hong Kong, dropped sharply from six billion euros (9.3 billion U.S. dollars) in 2006 to 1.8 billion euros last year...
Toyota Motor Corp. has restarted auto production at its joint venture in Chengdu, capital of China's quake-hit Sichuan province following a weeklong halt, said reports from the central Japanese city of Nagoya on Monday. As the 8.0-magnitude quake, which occurred on May 12, has caused damage to its plant in Chengdu and affected the procurement of car p...
Chinese export prices of soda ash rose substantially to 224.5 U.S. dollars per tonne on average in the first quarter, up 41.7 percent over the same period last year, according to customs statistics. China exported 467,000 tonnes of soda ash in the first three months, up 4.1 percent year-on-year. But the total value surged 47.5 percent to 100 million U...
China's stock regulator is telling brokers to seek its opinions over operations and risk controls before filing applications for initial public offerings in a bid to shore up its corporate governance. Brokerages must report financial conditions and internal control measures to the watchdog, which will decide whether they are qualified for IPO applicat...
Iranian Oil Minister Gholam-Hossein Nozari said on Saturday that the increase of OPEC output would not affect oil price as the market is well-supplied and saturated, the official IRNA news agency reported. Iran has completed its oil production capacity, Nozari told reporters on the sidelines of the eighth session of Iran's Petrochemical Forum opened o...
China could see the rise of a market that worth tens of billions of U.S. dollars by just changing the way of managing its office buildings, according to executives from a leading U.S. environmental technology company. Chairman and CEO Stephen Roell of Johnson Controls, Inc. told Xinhua in a recent interview that the American company has seen a huge po...
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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