Economic review

Myanmar, Vietnam trade hit over 360 mln USD in five months

2018-10-27 16:09:10

Bilateral trade between Myanmar and Vietnam has reached over 362 million U.S. dollars in five months of the six-month transitional period from April to September this year, according to the figures from the Commerce Ministry Saturday. Full Story

UBS reports huge wealth generated by China, warns against trade tensions

2018-10-27 15:19:01

Swiss investment bank UBS recognized China's increasing role in wealth generation due to rigorous innovation and entrepreneurship in its 2018 annual Billionaires Insights report released on Friday. Full Story

U.S.-China trade forum held amid trade disputes

2018-10-27 11:13:26

U.S.-China Agriculture Food Trade Forum was held Thursday in the western U.S. state of California, focusing on the promotion of marketing communication and cooperation between the agriculture and food industry of the two countries amid Washington-triggere Full Story

China's industrial profits up 14.7 pct in first nine months

2018-10-27 10:53:24

Profits of China's major industrial firms grew 14.7 percent year on year in the first nine months of 2018, down from the 16.2-percent expansion for the January-August period, official data showed Saturday. Full Story

20 companies confirm participation in 2019 import expo

2018-10-27 09:23:07

Twenty foreign companies, among over 1,000 that have submitted pre-registration, have signed contracts to attend the second China International Import Expo (CIIE) scheduled next year, according to the CIIE Bureau. Full Story

Japan's Okinawa approves bill to hold referendum on U.S. base relocation plan

2018-10-26 13:39:06

The Okinawa prefectural assembly approved a bill on Friday to set up an ordinance for holding a referendum on the central government's controversial plan to relocate a U.S. military base within the island prefecture. Full Story

Australian gov't to spend 5 bln USD to help farmers fight drought

2018-10-26 13:34:05

The Australian government has announced new measures worth 7 billion Australian dollars (4.9 billion U.S. dollars) to drought-proof the nation. Full Story

Chilean honey eyes China's market

2018-10-26 12:28:56

Terra Andes is the first Chilean honey brand to apply to China for export certification, and local experts saw it as a development that spells "goods news" for the country's producers as a whole. Full Story

S.Korea's Hyundai Motor posts double-digit decline in Q3 earnings

2018-10-25 16:08:19

Hyundai Motor, South Korea's biggest carmaker, posted a double-digit decline in its third-quarter earnings on soft demand in China, the world's biggest automobile market, the company said Thursday. Full Story

Mexico's inflation hits 4.94 pct in first half of October

2018-10-25 07:16:20

Through the first half of October, Mexico's inflation hit a moderate 4.94 percent in its year-on-year rate, in spite of an increase in energy prices, the National Institute of Statistics and Geography (Inegi) said Wednesday. Full Story