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Oil traded near a two-week high in New York on signs of increased U.S. fuel demand after a government report showed inventories of diesel and heating oil fell in the world’s biggest crude-consuming nation. Futures reached their highest since May 11 today after the Energy Department said yesterday that U.S. distillate supplies declined 2.04 million ...
The Chinese currency Renminbi, or the yuan, continued to strengthen 28 basis points to 6.4921 per U.S. dollar on Thursday, according to the China Foreign Exchange Trading system. The yuan hit an all-time high on May 11 when the central parity rate was set at 6.4848 per U.S. dollar. On China's foreign exchange spot market, the yuan can rise or fall 0.5 ...
Costa Rica's exports increased 5.3 percent in the first four months this year, reaching a record high of 3.352 billion U.S. dollars, the country's foreign trade ministry said Wednesday. At a press conference, Foreign Trade Minister Anabel Gonzalez highlighted the three main export sectors, fishing, agriculture and industry. "Exports of the three secto...
Vietnam attracts great attention from Chinese businesses, and in return, China sees Vietnam as potential market in the future, said Dao Ngoc Chuong, Deputy Head of the Asia-Pacific Market Division, under the Vietnamese Ministry of Industry and Trade (MIT). Vietnam News Agency on Thursday quoted Chuong said that China is Vietnam's biggest neighboring mark...
Petroleos Mexicanos (Pemex) said Wednesday it has discovered a natural gas field in the deep waters of the Gulf of Mexico, with an estimated reserves of 11.3-17 billion cubic meters. The Mexican state-run oil company said the finding was made after tests in the rocks of the Piklis 1 Well, located 144 kilometers off the Mexican coast and already drilled to...
European industry could become more competitive and tap new markets by investing in energy- efficient technologies for buildings and domestic appliances, experts said at a meeting here on Tuesday. "The cheapest energy, is energy we do not use," said Lykke Friis, Denmark's Climate and Energy Minister, who opened the 6th international conference on Energy ...
European companies said China is an increasingly important "strategic market," according to an annual business confidence survey released by the European Union Chamber of Commerce in China on Wednesday. More European companies are planning for increased long-term investment in China, with 59 percent of surveyed companies planning on staying and growing in...
China has started reviewing the anti-dumping measures it imposed in 2006 on catechol imported from Japan and the United States, the Ministry of Commerce (MOC) said Wednesday. The MOC will examine the possibility of continuing the anti-dumping measures and evaluate any possible damage that might result if the measures are discontinued, according to a state...
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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