China’s exports grew much more strongly than expected in November, official figures showed on Sunday, as a rebound in overseas shipments gained strength on demand from the United States and Europe. 320 more words
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US generic drug specialist Mylan said on Thursday it had completed its $1.75 billion acquisition of a unit of India’s Strides Arcolab, boosting its presence in the high-growth injectable drugs market. 240 more words
China’s yuan has overtaken the euro to become the second most-used currency in international trade finance, a global transaction services organisation said on Tuesday.
The market share of the yuan, also known as the renminbi (RMB), in traditional trade finance reached 8.66 percent in October, surpassing the euro on 6.64 percent, the Society for Worldwide Interbank Financial Telecommunication (SWIFT) said in a statement. 131 more words
South Korea’s exports for November rose to $47.92 billion on the back of robust sales of mobile devices and ships.
Exports, which account for about a half of the South Korean economy, increased 0.2 percent on-year while imports fell 0.6 percent to $43.11 billion, resulting in a trade surplus of $4.8 billion for last month, the trade ministry said. 234 more words
Singapore and Zhejiang are to speed up and deepen collaboration in areas including financial services.
The Singapore-Zhejiang Economic and Trade Council (SZETC) will be looking into that effort as it enters its second decade, said the Singapore secretariat for the council International Enterprise (IE) Singapore in a statement on Tuesday. 390 more words
China and 16 Central and Eastern European countries pledged on Tuesday to boost two-way investment and trade, insisting that EU regulations will be met.
“China eyes cooperation in infrastructure, communications, high-speed railway projects, which will lead to massive investment and a rise in commercial exchanges” with countries in the region, Chinese Prime Minister Li Keqiang told 16 CEE counterparts and hundreds of businessmen attending a meeting in Bucharest. 553 more words