Economic review

Commentary: White House ramping up tariffs won't solve China-U.S. trade dispute

2018-09-19 23:14:27

Despite global outcries, Washington has just amped up its rhetoric and ramped up its tariffs against China yet again. Full Story

China remains Dubai's biggest trade partner in H1

2018-09-19 02:25:10

China maintained its position as Dubai's biggest trade partner in the first half of 2018 with a total trade volume of 69 billion dirham (18.8 billion U.S. dollars), local media reported Tuesday. Full Story

China issues 4.4 trln yuan of bonds in August

2018-09-18 17:17:28

The value of bonds issued in China last month totaled 4.4 trillion yuan (about 641 billion U.S. dollars), according to data from the central bank. Treasury bond issuance stood at 369.5 billion yuan, while local government bond issuance was worth 883 billi Full Story

Myanmar-Indonesia bilateral trade to increase by 31 pct this year: ambassador

2018-09-18 10:15:56

Bilateral trade between Myanmar and Indonesia is expected to reach 1 billion U.S. dollars this year, increasing by 31 percent as compared with last year, said Indonesian Ambassador Dr. Uza Fadri on Monday, the official Global New Light of Myanmar reported Full Story

India announces merger of 3 state-run banks

2018-09-17 23:13:24

In its ongoing efforts to clean the country's banking system, the Indian government announced the merger of three state-run banks on Monday. Full Story

Lebanese official proposes increase in fuel price, VAT to fund housing loans

2018-09-17 20:57:40

Central Bank Governor proposed an increase of 5,000 Lebanese pounds in the price of fuel and a hike in Value Added Tax (VAT) to solve the housing loans crisis in Lebanon, local newspaper Al Akhbar reported Monday. Full Story

Hong Kong Monetary Authority announces launch of Faster Payment System

2018-09-17 15:01:08

The Hong Kong Monetary Authority (HKMA) on Monday announced the launch of the Faster Payment System to boost use of new financial technology. Full Story

Spotlight: Increasing appetite in China drives Chilean avocado exports

2018-09-17 10:29:50

Chilean avocado growers have found a rapidly expanding market in China as the consumers there develop an ever finer appetite for nutritional produce, industry officials have said. Full Story

Oil prices record weekly gain due to looming sanctions on Iran, Hurricane Florence

2018-09-17 05:44:01

Oil prices recorded a weekly gain at the end of Friday. The prices for both major benchmarks increased due to supply worries over the sanctions on Iran and the Hurricane Florence. Full Story

China's Xiaomi opens two new stores in Spain

2018-09-17 01:38:12

Chinese technology company Xiaomi continued its expansion in Spain with the opening of two new stores this weekend. Full Story