NEWS

India expands its local currency settlement to reduce its dependence on the US dollar Recently, the Reserve Bank of India has asked banks that do business with the UAE to use the Indian rupee and dirham to directly settle some of their t...

As of August 15, the US has released its economic data for the second quarter. The US, Europe and Japan avoided the worst forecast of recession in the first half of the year and the economy remains resilient. The growth rate of the three...

Since July, Thailand, Japan, Russia and other countries have issued trade bans or adjusted trade restrictions. Relevant enterprises are requested to pay close attention to policy trends, effectively avoid risks and reduce economic losses...

Trade volumes at US west Coast ports grew strongly in the first half of this year. Idc connectors, Spring Terminal block and trailer reflectors sales increased. In the first half of 2024, the port of Los Angeles, California, handled 4....

The number of U. S. companies that filed for bankruptcy last month exceeded the highest level of the early 2020 pandemic, when the U. S. economy was hit hard by the pandemic. S & P Global Markets said in a report that bankruptcy filings ...

USA March retail sales data, released late on April 15, showed uninflation-adjusted retail sales rose 0.7 percent from February, the highest since September. The yen and the won have hit new stage lows, and the RMB exchange rate is also ...

On March 22, both the onshore and offshore RMB exchange rate against the US dollar showed a downward trend, causing wide concern in the market. On that day, the RMB exchange rate broke the recent sideways trend and showed a significant d...

On 14 March 2024, the Ministry of Finance of India issued no. 03 / 2024-Customs (ADD), accepting the final recommendation of anti-dumping made by the Ministry of Commerce and Industry on 29 December 2023 on printed circuit boards (Printe...

China-made subway trains are running online in Mexico CRRC Zhuzhou Electric Locomotive Co., Ltd.'s NM 22 rubber wheel subway train for Mexico City, the capital of Mexico, has been officially put into operation. The trains are nine trains...