The Philippines started returning dozens of shipping containers full of garbage to Canada on Friday. The move could possibly end a six-year dispute between the two countries. Read Full Article...
May 31, 2019
Two pieces of a highway bridge over the Amur River linking Russia and China have been successfully connected after workers from both sides tightened the last bolts of the concrete...
May 31, 2019
Hong Kong officials rejected on Wednesday warnings from the US that the autonomous city could face sanctions if it does business with an oil tanker carrying Iranian oil in breach...
May 31, 2019
The Central Bank of Russia expects reserves to reach half-a-trillion dollars soon, according to the regulator's boss, Elvira Nabiullina, who says further accumulation of holdings is part of the national...
May 31, 2019
Malaysian PM Mahathir Mohamad has floated the idea of creating a gold-backed common trading currency for all of East Asia, slamming regional currency trading as “manipulative” and criticizing the US's...
May 31, 2019
The removal of India from a preferential trade deal which allowed for $5.6bn in duty-free imports, is inevitable, American officials have stressed, claiming, however, that the US wants nothing but...
May 31, 2019
Mexico has slammed US President Donald Trump's threat to impose retaliatory tariffs until illegal immigrants stop streaming across its border as “disastrous,” and plunging peso markets seem to agree with...
May 30, 2019
The African Continental Free Trade Area (AfCFTA) finally came into being on Thursday, opening the way for a continent-wide market of 1.2 billion people worth $2.5 trillion. Read Full Article...
May 30, 2019
The United States is ready for sanctions against the European financial settlement (INSTEX) mechanism with Iran, said US Special Representative to Iran Brian Hook. Read Full Article at RT.com
May 30, 2019
The world's biggest soybean consumer, China, has ordered state-grain buyers to stop purchases of the product from the US in response to the latest Washington tariffs, Bloomberg reported citing people...
May 30, 2019
China has managed to outperform the US and the UK in a German ranking of the world's most reliable trade partners, compiled from the latest survey of 2,000 German companies...
May 30, 2019
US blacklisting of Chinese tech giant Huawei will directly backfire on American companies and sets “a dangerous precedent” for many others beyond the US, the firm's chief legal officer has...
May 30, 2019
Beijing has hit back at a US call for Hong Kong to refuse services to a tanker loaded with Iranian oil, blasting Washington's “long arm jurisdiction” when it came to...
May 30, 2019
Portugal has become the first euro-area country to tap the Chinese bond market. Lisbon announced last week its intention to sell 2 billion yuan ($289 million) worth of bonds with...
May 30, 2019
Two more nations, Serbia and the Philippines, have boosted their national gold reserves. They follow a global trend of other central banks accumulating bullion in a move seen as a...
May 30, 2019
Beijing has accused Washington of engaging in “naked economic terrorism” against its trade partners at a time when the US has been trying to choke out Chinese tech giants from...
May 30, 2019
The US Energy Department has renamed liquefied natural gas (LNG) “freedom gas” in a last-ditch effort to convince European and Asian markets its product is superior to cheaper supplies piped...
May 30, 2019
The Bluetooth, SD and Wi-Fi alliances, which stripped Huawei of membership after US President Donald Trump declared its products a national security risk, have reinstated the Chinese tech giant without...
May 29, 2019
Kiev has endured trade imbalances with most of its European partners, according to the latest data from the country's statistics agency. Ukraine is still struggling to make its domestic products...
May 29, 2019
Venezuela's inflation has been soaring dramatically and reached 130,060 percent in 2018, the country's central bank said in its first report on key economic indicators since 2015. Read Full Article...
May 29, 2019
The escalating US-China trade conflict has raised concerns about the measures each side could use in their fight, including Beijing's option to restrict exports of rare earth metals. Read Full...
May 29, 2019
Stocks of rare earth miners surged during morning trade on Wednesday after Chinese state-linked media said that Beijing may weaponize the exports of the vital materials amid an escalating trade...
May 29, 2019
China is interested in extra supplies of Russian gas through the Power of Siberia pipeline which is nearing completion, according to the Russian state-run energy giant, Gazprom, that is implementing...
May 28, 2019
Beijing is considering a ban on exports of rare earth metals to the US, editor-in-chief of Chinese state-linked outlet Global Times has tweeted, warning it may not be the last...
May 28, 2019
After nearly a decade of delays, South Africa has just joined some 40 countries that have enacted national carbon tax policies, aiming to curb the rise in carbon emissions to...
May 28, 2019
In an attempt to bring some balance to China's growing domination across the Indian Ocean region, Delhi and Tokyo agreed to jointly develop Sri Lanka's largest and busiest seaport, Colombo....
May 28, 2019
Roughly 1 in 15 Americans live in so-called trailer parks which are shorthand for poverty, according to a report by the Financial Times. Most of them are part of households...
May 28, 2019
Whoever wins the bitter trade row between the two biggest world economies, the US or China, the consequences are set to spread far beyond… erasing up to $600 billion off...
May 28, 2019
Bidding on a laptop packed with some of the world's most dangerous malware closed at $1.345 million on Tuesday. The laptop is running 6 viruses that have caused financial damages...
May 27, 2019
The world's second largest continent, Africa, is experiencing one of the fastest urbanization rates globally and Huawei wants to be a part of it, according to Adam Lane, senior director...
May 27, 2019
India's GDP growth is expected to be at 6.9 percent, slightly lower than the previously-projected level of 7 percent, according to India Ratings and Research (Ind-Ra) which urges the new...
May 27, 2019
South Korea's largest energy and chemical company, SK innovation, has boosted oil shipments from Russia and other exporters to offset Iranian condensate supplies it lost after the end of US...
May 27, 2019
The long-discussed deep water port project near Kaliningrad, Russia has won the support of President Vladimir Putin, Kommersant newspaper reports. Read Full Article at RT.com
May 27, 2019
Export of Swiss goods to Russia surged over 10 percent last year, reaching nearly 80 percent of the pre-crisis levels, according to Tobias Privitelli, the deputy head of the Swiss...
May 27, 2019
The African Continental Free Trade Area (AfCFTA) will come into force on Thursday. It will be the largest free trade agreement by population that the world has seen since the...
May 27, 2019
If China follows through on its retaliatory threat of raising US liquefied natural gas (LNG) tariffs from 10 to 25 percent, US exports will be hit hard — but another...
May 26, 2019
While nuclear power plants in the US are retiring as they face stiff cost competition from cheap and abundant natural gas, America has also been struggling to keep its leadership...
May 26, 2019
Air taxis will offer services in a number of cities over the next six years, according to Oliver Walker-Jones, head of communications of German aviation startup Lilium. Read Full Article...
May 25, 2019
China's Belt and Road Initiative (BRI) will likely provide significant business opportunities to global economies, according to participants of the 8th China Business Forum in London. Read Full Article at...
May 25, 2019
Last week, US President Donald Trump signed an executive order aimed at banning Chinese telecoms like Huawei from selling equipment to the US over an unacceptable risk to national security....
