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China's privately offered funds top 14 trln yuan

China's privately offered funds scaled up to exceed 14.25 trillion yuan (about 2.01 trillion U.S. dollars) by the end of March, industry association data showed. The f

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Oil trades at 18-year low on plunging demand amid pandemic: Bloomberg

The oil market continued its slide in Asia, trading at an 18-year low after agreed production reduction by Russia and Saudi Arabia barely made a positive impact on the plunging global demand amid the

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India's Central Bank extends curtailed timing for trading to April 30 due to COVID-19

India's Central Bank has extended its curtailed timing for trading of call money, foreign exchange, bonds to April 30 following the extension of the nationwide lockdown

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S.Korea posts trade surplus for 98 months to March

South Korea posted trade surplus for 98 straight months through March despite export fall, customs office data showed Thursday. Trade surplus amounted to 4.6 billion U

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China remains Mongolia's biggest trade partner in Q1

China maintained its position as Mongolia's biggest trade partner in the first quarter of 2020, Mongolia's National Statistics Office (NSO) reported on Monday. China t

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Eastern Chinese city launches new international flight to transport relief goods, boost trade

East China's Hangzhou city debuted a new international cargo air route from Hangzhou, capital of east China's Zhejiang Province to Kuala Lumpur, capital of Malaysia. Th

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ePlane, the B2B sourcing and BI platform for aerospace parts and repair, raises $9M

ePlane, described as a B2B sourcing and business intelligence platform for the aerospace parts and repair market, has raised $9 million in funding. The round is led by Japanese trading and investing c

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U.S. imposes fresh Iran-related sanctions

The United States imposed fresh sanctions on Iran on Thursday, targeting five firms, the Treasury Department said.The sanctioned companies are Petro Grand FZE, Alphabet International DMCC, Swissol Tr

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Urgent: U.S. stocks plunge after Fed slashes rates to near zero

U.S. stocks opened sharply lower on Monday even after the Federal Reserve cut its benchmark interest rate to just above zero and unveiled a huge program of bond-buying amid coronavirus fallout. The S

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U.S. stock trading halted as S&P 500 plunges 7%

U.S. stock trading has been halted as the SP 500 plunged 7% on Monday morning triggering the third circuit breaker in two weeks amid the COVID-19 crisis.

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U.S. stocks plunge after Trump speech

U.S. stocks plunged on Thursday with all the three major indexes declining more than 7 percent shortly after opening as an address from U.S. President Donald Trump failed to calm markets on potential

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Russia's ruble continues to weaken, stocks plunge to record low in 14 months

The Russian currency depreciated to over 74 rubles per U.S. dollar, the lowest since March 2016, while the Moscow Exchange Stock Index fell below 2,400 points for the first time since January 2019,

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Urgent: U.S. stocks plunge amid oil shock

U.S. stocks plunged in early trading on Monday with all three major indexes declining more than 7 percent amid anxieties for a possible all-out oil price war and economic slowdown from the spreading

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BMW recalls 7,157 motorbikes in China

BMW (China) Automotive Trading Ltd. recalled 7,157 imported motorbikes from the Chinese market on Saturday, according to the country's top quality watchdog. The recall involved certain C400GT, C400X

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China's legislature adopts decision on banning illegal trade, consumption of wildlife

File photo of a baby Sunda pangolin and its mother. (Xinhua/Then Chih Wey) BEIJING, Feb. 24 (Xinhua) -- The Standing Committee of the National People's Congress, or Chi

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China to promote harmless disposal of livestock that died of diseases

China will strengthen the harmless disposal of livestock and poultry that died of diseases to protect the environment and ensure food security, according to an officia

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Shanghai adjusts trading hours for crude oil, rubber futures

The Shanghai International Energy Exchange on Sunday announced to temporarily suspend the nighttime trading of crude oil futures and natural rubber futures for the pre