Global Trade

    U.S. wholesale inventories fall 12th straight month in August

    10-09-2009
  • U.S. wholesale inventories fell for a record 12th consecutive month in August, the Commerce Department reported on Thursday. The department said inventories declined 1.3 percent in August to a seasonally adjusted 381.2..
  • GM to review business plan for next two years

    10-09-2009
  • The revamped board of directors of U.S. automaker General Motors Co. is spending the next month poring over the automaker's business plan with CEO and President Fritz Henderson's management team, the company said Thursda..
  • Gold hits new all-time high for third session as dollar tumble..

    10-09-2009
  • Gold futures on the COMEX Division of the New York Mercantile Exchange extended the record high to a new level for the third straight session on Thursday, pushed by a plunging dollar. Silver and platinum both ended highe..
  • Turkey's industrial production drops in August

    10-09-2009
  • Turkey on Thursday reported a drop of 6.3 percept in industrial production in August 2009 over the same month in 2008. The industrial production index was released by the Turkish Board of Statistics (TUIK) in Ankara. T..
  • APEC urged to help SMEs build resilience

    10-09-2009
  • The Asia-Pacific Economic Cooperation (APEC) economies can do more to help small and medium enterprises (SME) build resilience and capacity for long-term sustainable growth, a senior Singapore official said on Thursday. ..
  • American medical technology firm sets up headquarters in Singa..

    10-09-2009
  • American medical technology firm Medtronic on Thursday opened its international headquarters in Singapore to tap into the growing demand in Asia. The medical technology giant, the world's largest maker of heart-rhythm ..
  • ASEAN, East Asia expected to help world overcome crisis impact..

    10-09-2009
  • The world is now depending on East Asian countries to lead the way out of the financial crisis that inflicted blows to the financial crisis around the world since last year, the secretary general of Association of South ..
  • Malaysian, Russian oil giants to collaborate

    10-09-2009
  • Petronas, the Malaysian oil and gas multinational, announced a number of collaborative ventures with Russian gas giant OAO Gazprom here on Thursday. Petronas said in a statement that Petgas Trading (UK) Limited, its UK..
  • Guangdong sees sharp increase in Christmas products exports to..

    10-09-2009
  • China's Guangdong Province, the country's key manufacturer export base, saw Christmas products exports to the Association of South East Asian Nations (ASEAN) countries in the first eight months grew more than doubled ami..
  • China's export tax rebate up 8.6% in first eight months

    10-09-2009
  • China's tax rebate for exporters increased by 8.6 percent in the first eight months, according to the State Administration of Taxation. China rebated 263.35 billion yuan (38.73 billion U.S. dollars) to its exporters in..