Trade News

China's industrial businesses' profits up 29.7 pct in January-AprilMay 27, 2011

The profits of China's industrial businesses rose 29.7 percent in the first four months year-on-year to 1.49 trillion yuan (229.11 billion U.S. dollars), the National Bureau of Statistics (NBS) announced Friday. The growth rate, however, was 2.3 percentage points lower than that in the first quarter, the NBS said in a statement on its website. The NBS ...

Brazil's primary surplus up 67% in first four months of 2011May 27, 2011

Brazil's central government's primary surplus reached 41.4 billion reais (25.7 billion U.S. dollars) in the first four months of 2011, up 67.7 percent from the same period last year, the country's Finance Ministry said on Thursday. The amount equals to 3.29 percent of the country's GDP. The ministry said it has surpassed half of the target for 2011,...

S Korea's Hyundai, Kia benefit from outlook for rising market share i...May 27, 2011

South Korea's top automaker Hyundai and its affiliate Kia benefitted from positive outlook for rising market share in the U.S. The combined sales of Hyundai and Kia in May are expected to reach 115,434, or 10.9 percent of total sales in the U.S., according the report released on Thursday by TrueCar.com, a California-based automotive industry data provide...

Myanmar's trade with Hong Kong rises sharplyMay 27, 2011

Myanmar's trade with China's Hong Kong hit 1.7 billion U.S. dollars in the fiscal year of 2010-11 ending in March, a sharp increase of 79 percent year on year, according to Myanmar's monthly economic indicators Friday. Of the total, Myanmar's exports to the Hong Kong Special Administrative Region amounted to 1.69 billion dollars, while its imports fro...

Chile, Thailand conclude second round of FTA negotiationsMay 27, 2011

Chile and Thailand on Thursday concluded here the second round of negotiations on a free trade agreement (FTA). During this round, both delegations discussed topics related to goods trade and cooperation, rules of origins, customs procedures, sanitary and phytosanitary measures, technical obstacles for trading, legal issues and services and investments. ...

Honda North American production to reach 100% in August for most model...May 27, 2011

Japanese automaker Honda on Thursday announced plans for the accelerated recovery of its auto production in North America, after the March 11 earthquake and tsunami in Japan seriously disrupted auto parts supply. Honda will increase production volume at its North American automobile plants to a rate of 100 percent of its original production plan in August...

S.Korea's trade deficit with Japan declines since March quake: NomuraMay 27, 2011

South Korea's trade deficit with Japan has reduced since March 11 when the deadly earthquake hit Japan's northeastern region, Nomura International said Thursday. "Since the Japanese earthquake, South Korea's trade deficit with Japan declined 26 percent during the March-April period from a year earlier," Kwon Young-sun, an economist at Nomura in Hong Ko...

New Zealand's F&P returns to profit, expects boost from Chinese partn...May 27, 2011

New Zealand home appliance manufacturer Fisher & Paykel Appliances, which is 20-percent owned by China's Haier white ware maker, has bounced back to a profit after reporting a loss of 83.3 million NZ dollars (67.49 million U. S. dollars) last year. The company Friday reported an audited group net profit after tax of 33.5 million NZ dollars for the fi...

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Transportation Center Connecting As

Transportation Center Connecting Asia and Europe Market

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.

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Qingdao Saint Voyage Log

Qingdao Saint Voyage Logistics Inc. (SVL) is an Experienced International Shi

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