Trade News

WTO: China's GDP-doubling target could be achieved ( Thursday, 22 May 2008 ) Given the high growth rate of China's economy, the country's target of doubling its GDP per capita by 2010 compared to the 2000 level appears to be within reach, according to a World Trade O..
U.S. wholesale prices up 0.2% in April( Thursday, 22 May 2008 ) U.S. wholesale prices rose by 0.2 percent in April, down from a 1.1-percent jump in March and an increase of 0.3 percent in February, the Labor Department reported Tuesday. The 0.2-perce..
Macao seeks to regulate gaming market but casino operators have diverging views( Thursday, 22 May 2008 ) Macao's six gaming concessionaires and sub-concessionaires Wednesday sat face-to-face for the first time to discuss gaming market regulations in a special meeting initiated by the Macao Spec..
Kenya set to import maize to avert shortfall( Thursday, 22 May 2008 ) The Kenyan government said it will import 3 million bags of maize (90 kg per bag) to meet a major deficit expected in August this year. Agriculture Minister William Ruto said late Saturda..
Palestinians open three-day investment conference in Bethlehem( Thursday, 22 May 2008 ) A major investment conference kicked off Wednesday in the West Bank holy city of Bethlehem as Palestinian organizers hope to draw billions of dollars via projects. Foreign and finance mi..
Singapore sets up inter-agency taskforce to promote corporate resilience( Thursday, 22 May 2008 ) Singapore's Deputy Prime Minister S. Jayakumar said Wednesday the government will set up an inter-agency taskforce to help businesses strengthen their corporate resilience to overcome crisis..
CNOOC promises 500m yuan for relief( Wednesday, 21 May 2008 ) China National Offshore Oil Corp (CNOOC), the country's largest offshore oil producer, plans to donate 500 million yuan over five years for post-quake reconstruction. At 100 million yuan ..
Soros expects US, UK slump( Wednesday, 21 May 2008 ) Billionaire investor George Soros said the "acute phase" of the global credit crisis is over, and the fallout will lead to recessions in the United Kingdom and the United States. ..
Mexico, China to sign agreement promoting investments( Wednesday, 21 May 2008 ) Mexico and China on Tuesday reached an agreement on reciprocal promotion and protection of investments in a move to boost bilateral economic ties, the Mexican Ministry of Economy said. M..
Napster in challenge to iTunes( Wednesday, 21 May 2008 ) Napster Inc, the digital music service, yesterday opened the world's biggest MP3 download store with more than 6 million songs in a direct challenge to Apple Inc's iTunes store. The new W..
China orders financial support to quake regions( Wednesday, 21 May 2008 ) Chinese banks have been ordered to provide financial support, including extension of loan maturities, for relief and reconstruction in quake-ravaged regions. Banks should not push for lo..
EU investment in China shrinks in 2007( Wednesday, 21 May 2008 ) European Union (EU) investment in China shrank in 2007 despite a strong growth of the 27-nation bloc's cash flow into foreign companies, official figures showed on Monday. Foreign direct..
Dollar trades at lower 104 yen level in Tokyo ( Tuesday, 20 May 2008 ) The U.S. dollar traded at the lower 104 yen level early Tuesday in Tokyo. At 9 a.m., the dollar traded at 104.41-46 yen, compared with 104.29-39 yen in New York and 103.88-90 yen in Tok..

WTO: China's GDP-doubling target could be achieved ( Thursday, 22 May 2008 )
Given the high growth rate of China's economy, the country's target of doubling its GDP per capita by 2010 compared to the 2000 level appears to be within reach, according to a World Trade O..

U.S. wholesale prices up 0.2% in April( Thursday, 22 May 2008 )
U.S. wholesale prices rose by 0.2 percent in April, down from a 1.1-percent jump in March and an increase of 0.3 percent in February, the Labor Department reported Tuesday. The 0.2-perce..

Macao seeks to regulate gaming market but casino operators have diverging views( Thursday, 22 May 2008 )
Macao's six gaming concessionaires and sub-concessionaires Wednesday sat face-to-face for the first time to discuss gaming market regulations in a special meeting initiated by the Macao Spec..

Kenya set to import maize to avert shortfall( Thursday, 22 May 2008 )
The Kenyan government said it will import 3 million bags of maize (90 kg per bag) to meet a major deficit expected in August this year. Agriculture Minister William Ruto said late Saturda..

Palestinians open three-day investment conference in Bethlehem( Thursday, 22 May 2008 )
A major investment conference kicked off Wednesday in the West Bank holy city of Bethlehem as Palestinian organizers hope to draw billions of dollars via projects. Foreign and finance mi..

Singapore sets up inter-agency taskforce to promote corporate resilience( Thursday, 22 May 2008 )
Singapore's Deputy Prime Minister S. Jayakumar said Wednesday the government will set up an inter-agency taskforce to help businesses strengthen their corporate resilience to overcome crisis..

CNOOC promises 500m yuan for relief( Wednesday, 21 May 2008 )
China National Offshore Oil Corp (CNOOC), the country's largest offshore oil producer, plans to donate 500 million yuan over five years for post-quake reconstruction. At 100 million yuan ..

Soros expects US, UK slump( Wednesday, 21 May 2008 )
Billionaire investor George Soros said the "acute phase" of the global credit crisis is over, and the fallout will lead to recessions in the United Kingdom and the United States. ..

Mexico, China to sign agreement promoting investments( Wednesday, 21 May 2008 )
Mexico and China on Tuesday reached an agreement on reciprocal promotion and protection of investments in a move to boost bilateral economic ties, the Mexican Ministry of Economy said. M..

Napster in challenge to iTunes( Wednesday, 21 May 2008 )
Napster Inc, the digital music service, yesterday opened the world's biggest MP3 download store with more than 6 million songs in a direct challenge to Apple Inc's iTunes store. The new W..

China orders financial support to quake regions( Wednesday, 21 May 2008 )
Chinese banks have been ordered to provide financial support, including extension of loan maturities, for relief and reconstruction in quake-ravaged regions. Banks should not push for lo..

EU investment in China shrinks in 2007( Wednesday, 21 May 2008 )
European Union (EU) investment in China shrank in 2007 despite a strong growth of the 27-nation bloc's cash flow into foreign companies, official figures showed on Monday. Foreign direct..

Dollar trades at lower 104 yen level in Tokyo ( Tuesday, 20 May 2008 )
The U.S. dollar traded at the lower 104 yen level early Tuesday in Tokyo. At 9 a.m., the dollar traded at 104.41-46 yen, compared with 104.29-39 yen in New York and 103.88-90 yen in Tok..