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IMPORT and export container trade in Europe will show moderate but consistent increases from seven to 10 per cent in the first three quarters of 2011, according to the Hackett Associates' Global Port Tracker report. Europe imports are forecast to lead at 23.05 million TEU, exports at 16.63 million TEU, a 8.6 per cent and 6.9 per cent increase over the p...
CHINA's foreign trade to increase 21.4 per cent to US$3.61 trillion in 2011, according to the Ministry of Commerce. The export volume expects to be $1.89 trillion, growing 20 per cent year on year, while import volume will be about $1.72 trillion, rising 23 per cent year on year. China's total import and export value to the US is projected to have a y...
Wal-Mart's net sales for the fourth quarter of fiscal year 2011 rose to 115.6 billion U.S. dollars, an increase of 2.5 percent from the same period last year, showed the financial results reported Tuesday by the company. Income from continuing operations attributable to Walmart for the quarter was 5 billion U.S. dollars, up from 4.8 billion U.S. dollars ...
Australian Prime Minister Julia Gillard on Wednesday said the nation is boosting its trade and business links with booming Mongolia. Mongolia's Prime Minister Sukhbaatar Batbold arrived in Australia on Sunday. It is his first official visit to Australia in almost 40 years of diplomatic relations between the two nations. On Wednesday morning, Batbold wa...
Myanmar absorbed 3.56 billion U.S. dollars of foreign investment in the three months from November 2010 to January 2011, bringing the total to 35.406 billion dollars as of January this year since the country opened to such investment in late 1988, the Popular News reported Wednesday. The 3.5 billion USD include 3.18 billion USD from China, 186 million USD...
Experts from the Chinese mainland and Taiwan are expecting to conclude negotiations on a cross-Strait investment protection agreement this year, a mainland spokesman said Wednesday. Efforts were being made to ensure the agreement be signed during the meeting of the heads of the mainland's Association for Relations Across the Taiwan Straits (ARATS) and Ta...
Japan moved into its first trade deficit in 22 months in January, the finance ministry said Wednesday. In a preliminary report, the ministry attributed the 471.4 billion-yen deficit (5.68 billion U.S. dollars) to fast-shrinking exports as well as expanding imports amid rising commodity prices. On a customs-cleared basis, exports increased 1.4 percent ye...
China Petrochemical Group (Sinopec), China's largest oil refiner, said Wednesday that U.S. Occidental Petroleum Corp. had completed handing over its Argentinean assets to it. Sinopec reached an agreement with U.S. Occidental Petroleum Corp. to buy all assets of its Occidental Argentina for 2.45 billion U.S. dollars in December last year, according to a S...
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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