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US manufacturing exports rose 20 per cent in 2010 year on year with the three leading markets by volume being Canada, Mexico and China and 10 countries accounting for more than two-thirds of the increase, reported Newark's Journal of Commerce. By dollar volume, Canada was tops with US$220 billion, Mexico was second with $147 billion and China placed thir...
THE value of Singapore's trade amounted to S$902 billion (US$708.28 billion) in 2010, an increase of 21 per cent after a 19 per cent contraction in 2009 when the total trade value stood at S$747 billion. A government statement attributed the expansion in external trade to a rise in both exports and imports. Exports were up 22 per cent while imports grew ...
The politically sensitive unemployment situation in the United States is not improving as shown in government statistics, at least from the perspective of an influential private organization's survey. The U.S. unemployment rate rose to 10 percent in mid-February from 9.8 percent at the end of January, according to a Gallup poll published on Thursda...
China hopes the United States will make the approval process for Chinese enterprises seeking to invest in the US more transparent, the spokesman for the Ministry of Commerce (MOFCOM) said Thursday. Yao Jian, the ministry spokesman, made the remarks during a news briefing when a question was raised about Huawei Technologies Co's troubled bid to acquire US...
U.S. stocks extended gains on Friday, ahead of a holiday that will keep U.S. markets closed until Tuesday. The Dow Jones Industrial Average rose 73.11 points, or 0.59 percent, to 12391.25, crossing its highest intraday level since June 2008 at 12375.02. The Dow has fallen on only three days in February. The index was up 0.7 percent this week and 4 percent...
Chinese Finance Minister Xie Xuren on Saturday called all major economies to continue to strengthen cooperation on international economic issues and maintain the stability of main reserve currencies. At the Paris meeting gathering finance ministers and central bank governors of the Group of 20 economies, Xie said that G20 members should enhance cooperatio...
Finance ministers and central bank governors from 20 dominant economies reached consensus on several indicators to monitor global economic imbalances on Saturday, French Finance Minister Christine Lagarde said at a new conference. After two days of tense debate on "mutual economic assessment of all economies," "countries have reached compromises," the min...
The U.S. House of Representatives approved to cut 61.5 billion dollars from government programs in fiscal year 2011 ending September, as the Republican-chontrolled chamber vowed to shrink the size of government. The vote, of 235 to 189, now goes to the Senate, where Democratic majority have made it clear they view the House cuts as extreme, saying they wa...
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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