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Stock trading halts for one more working day in extended Spring Festival holiday

Trading on the Shanghai and Shenzhen stock exchanges will resume on Feb. 3, one working day later than scheduled, as the Chinese mainland has extended the Spring Festi

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China's Hunan reports trade surge with Belt and Road countries in 2019

Central China's Hunan Province saw its trade with countries along the Belt and Road amounted to 123.04 billion yuan (17.8 billion U.S. dollars) in 2019, surging 53.6 p

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Wall Street climbs as U.S.-China phase-one trade deal in focus

U.S. stocks traded on an upbeat note on Wednesday as Wall Street is keeping a close eye on the long-awaited phase-one trade deal with China. At midday, the Dow Jones Industrial Average jumped 143.96

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U.S. stocks open mixed amid earnings

U.S. stocks opened mixed on Wednesday amid a slew of mixed corporate earnings reports. Shortly after the opening bell, the Dow Jones Industrial Average fell 35.29 points, or 0.12 percent, to 28,904.

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China facilitates foreign exchange risk management in interbank bond market

China further facilitated overseas institutional investors to manage foreign exchange risks in the interbank bond market, according to the State Administration of Foreign Exchange. Overseas non-bank

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Egypt arrests 8 for suspected illicit organ trade

Egypt arrested on Monday eight people for forming an international network of trading human organs, the Administrative Control Authority (ACA) said in a statement. The network, run by a Palestinian w

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China facilitates foreign exchange risk management in interbank bond market

China further facilitated overseas institutional investors to manage foreign exchange risks in the interbank bond market, according to the State Administration of Foreign Exchange. Overseas non-bank

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China halves customs clearance time ahead of schedule

China's customs clearance time shortened dramatically in 2019, meeting a target set by the State Council two years ahead of schedule, the General Administration of Cus

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Shanghai releases guideline for private cultural relics trade

Shanghai has released a guideline for the management and administration of private cultural relics trade. The regulation will come into effect on March 1, this year, a

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U.S. dollar dips amid geopolitical tensions

The U.S. dollar weakened slightly in late trading on Friday after safe-haven currencies such as Japanese yen jumped amid heightened tensions in the Middle East. The United States killed Major Genera

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BMW recalls 81 imported vehicles

BMW decided to recall 81 vehicles in China from Friday over gearbox harness miswiring, according to China's market regulator. The recall, filed by BMW China Automotive Trading Ltd., involves importe

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Moscow Exchange Plans to Expand Yuan Trading Business

TheMoscowExchange,MOEX,planstoexpandtheyuantradingbusiness,RussiannewsagencySputnikreportedtoday,inacalculatedmovetochallengethewidespreadinternationaluseofthed

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U.S. stocks close lower amid trade concerns, tech rout

U.S.stocksendedloweronMonday,thefirsttradingdayinApril,asworriesabouttradeissuesandasharpdeclineinthetechnologysectorweighedonthemarket.TheDowJonesIndustrialAve

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U.S. unilateral tariffs threaten multilateral trading system

UnilateralmovesbytheUnitedStatestorepeatedlyimposesteeptariffsonimportsjeopardizestheglobaltradingsystem,warnedtradeexpertsandofficials."Theexistingmultilateral

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China aims to become major high quality trading power

Bystickingtoinnovationandpromotinghigh-qualitydevelopment,Chinaaimstobecomeastrongtradingpowerinallrespectsby2050,ChineseCommerceMinisterZhongShansaidonSunday.J

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China to start direct trading between yuan, Thai baht

ChinaannouncedonFeb.2thatitwillallowdirecttradingbetweentheChineseyuanandtheThaibahtonitsinterbankforeignexchangemarketbeginningfromFeb.5.Themoveaimstoboostbila

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S. Korea uncovers about $600 million in illegal cryptocurrency trade

SouthKoreahasuncoveredillegalcryptocurrencyforeignexchangetradingworthnearly$600million,asignauthoritiesaretighteningtheregulatoryscrewsonthedigitalassetthatman