Petrobras to sell its share in petrochemical firm Braskem
RIO DE JANEIRO: Brazilian state oil company Petrobras will sell its share in Braskem, the largest petrochemical company in Latin...
Singapore’s container throughput falls by 8.7% in 2015: MPA
SINGAPORE: Singapore's container throughput and cargo throughput fell by 8.7 percent and 1.1 percent respectively in 2015 year-on-year, according to...
France’s CPI rises by 0.2% in Dec
PARIS: The French consumer price index (CPI) increased by 0.2 percent in December 2015 as increasing prices of services and...
Japan’s Nov. core machinery orders fall 14.4% on month
TOKYO: Japan's core machinery orders plummeted a seasonally adjusted 14.4 percent in November from a month earlier, marking the first...
European development bank makes record annual investment in central Asia
LONDON: The European Bank for Reconstruction and Development (EBRD) announced Wednesday that its investment into central Asia reached a record...
S.Korea freezes interest rates at record low as expected
SEOUL: South Korea's central bank on Thursday froze interest rates at a record low as expected, keeping a wait-and-see stance...
BP plans to boost its natural gas business in sustainable energy push
LONDON: The United Kingdom-based oil and gas giant BP Plc plans to increase its business in the natural gas sector...
Huawei sets ambitious goal of $100b per year in revenue
Beijing: Huawei Technologies Co Ltd is aiming big for its smartphone business. Ren Zhengfei, the founder of Huawei, set an...
China’s outbound M&A hit record high at $111.9b in 2015
BEIJING: China's outbound M&A volume increased for the sixth consecutive year to a record high of $111.9 billion in 2015,...
China advances diversity in trading partners
BEIJING: China has achieved progress in diversification of trading partners. In 2015, the bilateral trade between China and its largest...
‘Gloomy’ trade prospects seen amid restructuring
BEIJING: China's foreign trade ran into difficulties last year, with imports and exports both experiencing year-on-year declines. Despite encouraging figures...
Innovation helps transform Dongguan’s economy
BEIJING: Increase in exports of products developed locally through innovation has helped upgrade the trade and industrial structure of Dongguan,...
China-made Cadillac hybrid car to be sold in US market
BEIJING: Two days after unveiling the first new vehicle from Detroit's Big 3 imported from China, General Motors Co said...
Uzbekistan keens to enhance bilateral trade with Pakistan
ISLAMABAD: Uzbekistan Ambassador Furkat A. Sidikov visited Islamabad Chamber of Commerce and Industry (ICCI) and said that his country was...
Brazil real rises on commodities after Chinese exports surprise
BRASILIA: Brazil’s real followed commodities higher after a report showed Chinese exports unexpectedly rose last month in yuan terms. The...
US Customs seizes $200K in drugs at Rio Grande Valley Bridges
HIDALGO: U.S. Customs and Border Protection, Office of Field Operations (OFO) at the Hidalgo and Anzalduas International Bridges arrested two...
US Customs arrests heroin smuggler at JFK
JAMAICA: An arriving passenger was planning to enjoy a very interesting cocktail, but U. S. Customs and Border Protection officers...
US exempts Turkish steel exporters from special tariff
NEW YORK: U.S. Department of Commerce has ruled that Turkish steel exporters would be exempt from a special tariff imposed...
New Tucson Sector new chief takes command
TUCSON: Paul A. Beeson, newly appointed Chief Patrol Agent of Tucson Sector, takes command and will lead Tucson Sector into...
Indonesia issues permits to import cattle from Australia
JAKARTA: The government has issued permits for the import of 198,000 live cattle from Australia for the first quarter of...
