BNP Paribas, France’s biggest listed bank, said on Wednesday it would no longer work with oil and natural gas companies that primarily do business in shale or oil sands as it plans to boost support for renewable energy projects.
The bank also said that it would no longer finance new projects that are primarily involved in the transportation or exportRead more
China will be singled out for special attention under new trade rules to limit excessively cheap imports into the EU, a European Commission official said yesterday.
The Commission, member states and EU lawmakers agreed on Tuesday to treat all World Trade Organization members the same in determining whether they are dumping products.
Under normal circumstances, dumping will mean selling belowRead more
The Asian Development Bank (ADB) slightly upgraded its forecast for China's annual economic growth on Tuesday, citing stronger-than-expected performance in the first half of 2016 and possible stimulus measures.
The ADB forecast that China's economy will grow 6.6 percent in 2016, up from its March projection of 6.5 percent, with 2017 growth estimated at 6.4 percent rather than the previousRead more
German exports fell sharply in July, official data showed on Friday, concluding the past week which saw disappointing figures of economic performance.
Compared with June, German exports dropped by 2.6 percent in July, said German federal statistics office Destatis. Imports also declined by 0.7 percent.
Germany's trade surplus, the balance between exports and imports, narrowed to 19.4 billion euros (21.8Read more
German exports fell sharply in July, official data showed on Friday, concluding the past week which saw disappointing figures of economic performance.
Compared with June, German exports dropped by 2.6 percent in July, said German federal statistics office Destatis. Imports also declined by 0.7 percent.
Germany's trade surplus, the balance between exports and imports, narrowed to 19.4 billion euros (21.8Read more
Malaysia's pineapple export earnings last year totaled RM161 million, Malaysian Pineapple Industry Board (LPNM) chairman Samsolbari Jamali said.
He said LPNM was projecting export earnings to reach RM254 million by 2020, according to Malaysia's (Bernama) News Agency.
Samsolbari said in achieving the target, the government had drawn up the National Agrofood Policy and targeted to expand the area for pineappleRead more
China and Azerbaijan have pledged to expand joint export and investment opportunities in a memorandum signed between the Azerbaijan Export and Investment Promotion Foundation (AZPROMO) and China Council for the Promotion of International Trade (CCPIT) on Saturday, according to local Azertac News Agency.
A memorandum of understanding which provides the expansion of joint export and investment opportunities between Azerbaijan andRead more
A deal to export 15 locomotives made by China Railway Rolling Stock Corporation (CRRC) to New Zealand was signed on Tuesday in China's northeastern city of Dalian, the company said.
It was the fourth group of locomotives that CRRC has exported to the country, raising the total number it has exported to New Zealand to 63, according to China's NewsRead more
Belarusian Potash Company (BPC) plans to export 1.3 million tones of potash to China by the end of 2016, the press service of BPC said.
On July 14, BPC reached an agreement with the consortium of Chinese buyers (Sinochem, CNAMPGC, CNOOC) on the contract prize of 219 U.S. dollars per tone for the delivery of potassium to China.
The priceRead more
South Korea's export volume increased 5.8 percent in May from a year earlier despite falling export value caused by cheaper oil, central bank data showed on Friday.
Export volume index stood at 136.48 in May, up 5.8 percent from a year earlier and up 1.0 percent from the previous month, according to the Bank of Korea (BOK).
The May exportRead more