Media
Media
South Korea's producer price growth slowed in May amid eased oil price rises, the central bank said Friday. The producer price index (PPI), a barometer of future consumer inflation, increased 6.2 percent on-year in May after posting a 6. 8 percent on-year rise in the previous month, the Bank of Korea ( BOK) said in a statement. Producer prices recorded...
Chile and the European Union (EU) Thursday signed cooperation agreements on tourism, industry, the standardization of norms and principles, and information exchange among enterprises. The agreements were inked by Chilean Economy Minister Juan Andres Fontaine and Vice President of the European Commission Antonio Tajani, who is currently on an official visi...
Israel's kibbutz exports to Turkey during first quarter of 2011 grew by 12 percent despite political tensions between the countries. There are more than 250 kibbutz communal farms spreading across Israel. Exports to Turkey topped 28 million U.S. dollars in products ranging from irrigation systems, to plastic ware and food products, the Yediot Aharonoth d...
The U.S. current account trade deficit fell 6.7 percent to 43.7 billion dollars in April, the lowest level since December 2010, the Commerce Department reported Thursday. The current account is the broadest measure of foreign trade because it measures not only trade in goods and services, which are tracked by the government on a monthly basis, but also i...
China's trade surplus climbed to 13.05 billion U.S. dollars in May from 11.43 billion U.S. dollars in April, the General Administration of Customs (GAC) said on Friday. Exports rose 19.4 percent from a year ago to 157.16 billion U.S. dollars and imports jumped 28.4 percent to 144.11 billion U.S. dollars. In the first five months, trade surplus decrease...
DHL's supply chain division has received for a second year in a row the honour of being named the Aerospace Logistics Company of the Year at the 2011 Frost & Sullivan Asia Pacific Aerospace and Defence Awards. The win comes shortly after the company clinched a landmark three-year deal worth EUR10.6 million with KPMG for Aero Inventory, a company tha...
BRITISH Airways will pay US$89.5 million to settle a class action lawsuit for its part in a scam involving 18 airlines and 19 executives charged with price-fixing air cargo rates between 2000-2006. The class-action suit stems from US Department of Justice's anti-cartel investigation from 2006. The plaintiffs of direct purchasers of air freight services h...
THE second half of 2011 is expected to experience an increase in air freight demand ahead of back-to-school and holiday shopping in the US and Europe that may well offset rising fuel prices, say express delivery giant FedEx and Hong Kong's Cathay Pacific Airways. Despite a slow first half, shippers are predicting a surge in year-end consumer demand, said...
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
qq.com