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U.S. trade deficit shrinks in January
WASHINGTON, March 27 (Xinhua) -- U.S. trade deficit shrank to 51.1 billion U.S. dollars in January, the sharpest decline since March 2018, data released Wednesday by the U.S. Department of Commerce s
Croatia's gross external debt continues ...
ZAGREB, March 5 (Xinhua) -- The gross external debt of Croatia at the end of November 2018 was 39.1 billion euro (44.3 billion U.S. dollars), which is 1.9 billion euro (2.15 billion U.S. dollars) or
UBS to appeal after fined 4.5 billion eu...
A French court found Swiss bank UBS AG guilty of illegally soliciting clients and laundering the proceeds of tax evasion, ordering it to pay 4.5 billion euros (5.1 billion U.S. dollars) in penalties.
Hainan sets up multi-billion-yuan fund f...
SANYA, Feb. 25 (Xinhua) -- Southern China's island province of Hainan has launched a 3 billion yuan (449 million U.S. dollars) fund for free trade zone (FTZ) construction, local authorities said Sund
S.Korea's export falls 11.7 pct in Febru...
SEOUL, March 1 (Xinhua) -- South Korea's export posted a double-digit fall last month on weak demand for locally-made semiconductor, a government report showed Friday. Export, which account for about
Central bank continues to skip open mark...
China's central bank Friday skipped open market operations for the fifth trading day, citing abundant liquidity in the banking system. With 10 billion yuan (1.47 billion U.S. dollars) of reverse rep
Italy's fashion industry risks slowdown ...
ROME, March 2 (Xinhua) -- After a positive 2018 overall, the Italian fashion industry would risk a slowdown in 2019, and a good performance on emerging markets such as China could be crucial, accordi
China's 'marathon fever' continues with ...
XIAMEN, China, March 11 (Xinhua) -- China's booming running industry witnessed a seven percent increase to reach 74.6 billion yuan (about 11.10 billion US dollars), according to data released by the
Foreign investment transactions in Phili...
MANILA, March 14 (Xinhua) -- Registered investments for February amounted to 1.4 billion U.S. dollars, lower by 31.6 percent compared to the 2.1 billion U.S. dollars recorded for January, the Philipp
Lyft prices IPO at top of range
Lyft raised more than $2 billion Thursday afternoon after pricing its shares at $72 apiece, the top of the expected range of $70 to $72 per share. This gives Lyft a fully-diluted market value of $24 b
Indonesia revises revenue target in tour...
JAKARTA, March 19 (Xinhua) -- Indonesia has revised down revenue target in tourism sector this year to 17.6 billion U.S. dollars from the initial target set at 20 billion dollars due to string of dis
Economic powerhouse Guangdong marks incr...
South China's economic powerhouse of Guangdong Province said Monday that its use of foreign capital rose 4.9 percent to reach 145 billion yuan (about 21.5 billion U.S. dollars) in 2018. The data wer
Japan passes supplementary budget to rel...
TOKYO, Feb. 7 (Xinhua) -- A supplementary budget for fiscal 2018 accounting for 3.04 trillion yen (28 billion U.S. dollars) was passed by Japan's parliament on Thursday, intended for funding measures
Xinjiang's foreign trade up 11.6 pct in ...
The foreign trade volume of northwest China's Xinjiang Uygur Autonomous Region rose 11.6 percent year on year in January to 13.94 billion yuan (2.08 billion U.S. dollars), Urumqi customs data showed.
Tibet receives projects worth 20 bln yua...
LHASA, March 28 (Xinhua) -- A total of 2,806 projects involving 20 billion yuan (around 2.97 billion U.S. dollars), supported by partners across China, have been implemented in Tibet Autonomous Regio
Yunnan invests to build "beautiful count...
KUNMING, Feb. 27 (Xinhua) -- Authorities in southwest China's Yunnan Province have issued guidelines on launching a "beautiful counties" project. In the next three years, 30 billion yuan (4.5 billion
German online retailer Zalando reports s...
BERLIN, Feb. 28 (Xinhua) -- Despite heavy losses and weak revenue growth in the third quarter of 2018, German online retailer Zalando finished 2018 with total sales of 5.4 billion euros (6.15 billion
China policy bank provides financing wor...
China Development Bank (CDB), a major policy bank, has financed more than 600 Belt and Road (BR) projects totaling 190 billion U.S. dollars since the Belt and Road Initiative was proposed in 2013, s
Merck increases profits in 2018 thanks t...
BERLIN, March 7 (Xinhua) -- Net profits of Merck increased by over one quarter to a total of 3.4 billion euros (3.8 billion U.S. dollars) in 2018, annual business figures published by the German chem
Uber said to be raising $1B at a $10B va...
Uber is in negotiations with investors, including the SoftBank Vision Fund, to secure an investment as large as $1 billion for its autonomous vehicles unit. The deal would value the business at betwe
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