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China sees gloomy 2013 foreign trade environment

CHINA FUNDS. The Chinese government has offered to fund, through its official development assistance, important infrastructure projects, which the government is embarking on to address inadequacy.

China said Tuesday it faces a bleak foreign trade environment in 2013 due to ongoing global economic weakness, as the Asian export powerhouse appears set to miss this year’s trade growth target.

Posted: December 18th, 2012 in Latest Business Stories | Read More »

UK ‘excited’ over trade with Philippines

By
CEO Nick Baird of UK Trade and Investment  PHOTO FROM UKTI.GOV.UK

The Philippines is a “hugely exciting” market where the United Kingdom is keen on boosting reciprocal investment.

Posted: November 12th, 2012 in Latest Business Stories | Read More »

Imports up 13.3% in June

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The country’s imports continued to expand in June, posting a 13.3-percent increase year on year, the fastest pace since August 2011, data from the National Statistics Office (NSO) showed.

Posted: August 29th, 2012 in Editor's Pick,Headlines | Read More »

Oil lower amid fears of Spain bailout

AP FILE PHOTO

Oil prices edged lower in Asian trade on Wednesday as concerns that debt-plagued Spain could be forced to seek a bailout roiled the markets.

Posted: May 30th, 2012 in Latest Business Stories | Read More »

Japan’s Hitachi to chop annual costs by $5.43B

Japanese high-tech firm Hitachi on Tuesday said it plans to slash its annual costs 5.0 percent by 2015, or about $5.43 billion a year, to compete with rivals including General Electric.

Posted: March 28th, 2012 in Latest Business Stories | Read More »

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