Economic review

Asia, North Africa key to growth of Chilean wine sales: minister

2018-09-05 06:56:22

Asian and North African markets hold the key to growth for Chile's wine sales, Agriculture Minister Antonio Walker said on Tuesday. Full Story

Google announces new AI technology to fight online child sexual abuse

2018-09-04 06:05:07

U.S. tech giant Google announced on Monday that it is employing a new artificial Intelligence (AI) technology to combat online spreading of contents involving child sexual abuse. Full Story

Chinese, German firms could work together on innovation: expert

2018-09-04 05:14:53

Chinese and German companies could work well together to accelerate innovation process, a German expert told Xinhua here on Monday. Full Story

Turkish fast inflation puts pressure on already weaker lira

2018-09-04 00:33:32

Turkish inflation accelerated in August at its fastest rate in 15 years, putting more pressure on the already weaker lira, while the central bank has hinted at a interest rate hike next week. Full Story

Greek economy expands by 1.8 pct in Q2: statistics

2018-09-03 21:22:27

Greece's Gross Domestic Product (GDP) grew by 1.8 percent in the second quarter of 2018 year-on-year, remaining on a growth course for the sixth successive quarter, Greece's Statistical Authority (ELSTAT) announced on Monday. Full Story

German carmakers to be hit hard by new U.S. import tariffs: newspaper

2018-09-03 20:47:19

The imposition of new automotive industry tariffs threatened by the United States would hit German carmakers hard, government calculations published on Monday by the newspaper Handelsblatt show. Full Story

Mongolia earns 55 mln USD from crude oil exports to China

2018-09-03 17:11:25

Mongolia has exported most of its crude oil production this year to China, adding 55 million dollars to the state exchequer, the Ministry of Mining and Heavy Industry said on Monday. Full Story

China consortium wins contract for Egypt coal power plant

2018-09-03 16:21:05

A Chinese consortium formed by two power generation equipment makers has officially won the Engineering, Procurement, and Construction (EPC) contract for a coal-fired power plant in Egypt. Full Story

Feature: Premium Chilean wines court Chinese palate

2018-09-03 06:49:18

China's increasingly sophisticated wine consumers are attracting the attention of Chile's upmarket wine producers. Full Story

Oil prices continue uptrend amid draw report in U.S. crude oil inventories

2018-09-03 00:33:07

The oil prices had an upward movement in the week ending Aug. 31, posting two consecutive weekly gains after snapping the 7-week losing streak. Full Story