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LA, Long Beach ports delay fining backlogged shipping containers for 4th time

LA, Long Beach ports delay fining backlogged shipping containers for 4th time

2021-12-07 16:49

LOS ANGELES, Dec. 6 (Xinhua) -- The Port of Los Angeles and Port of Long Beach announced Monday that they will delay for the fourth time a fee on shipping companies whose containers linger at marine terminals. The Container Dwell Fee, announced in a

Dow jumps over 600 points as Omicron worries ease

Dow jumps over 600 points as Omicron worries ease

2021-12-07 06:10

U.S. stocks finished noticeably higher on Monday as concerns over the COVID-19 Omicron variant eased.

U.S. inflation to remain above Feds target over three years amid rising wages: survey

U.S. inflation to remain above Fed's target over three years amid rising wages: survey

2021-12-07 05:36

U.S. annual inflation will remain above the Federal Reserve's target of 2 percent over the next three years.

Oil prices jump following downbeat week

Oil prices jump following downbeat week

2021-12-07 05:24

Oil prices surged on Monday, reclaiming the losses they had suffered in the prior week.

Fitch Solution sees Malaysian Ringgit to remain at weaker levels through 2022

Fitch Solution sees Malaysian Ringgit to remain at weaker levels through 2022

2021-12-06 17:48

Fitch Solutions Country Risk and Industry Research said Monday it retained Malaysian Ringgit 2022 average exchange rate forecast at MYR4.20/USD.

Interview: China is prominent, active member of WTO, says WTO spokesperson

Interview: China is prominent, active member of WTO, says WTO spokesperson

2021-12-06 13:14

GENEVA, Dec. 6 (Xinhua) -- China is a prominent and active member of the World Trade Organization (WTO) and has participated in all elements of our work with enthusiasm and commitment, WTO spokesperson Keith Rockwell told Xinhua. In a recent intervie

Japanese govt submits 320 billion USD extra budget to parliament for economic package

Japanese gov't submits 320 billion USD extra budget to parliament for economic package

2021-12-06 11:32

Japan's government on Monday submitted to parliament a draft extra budget for fiscal 2021 worth a record 36.0 trillion yen.

S.Koreas online shopping hits record high in October

S.Korea's online shopping hits record high in October

2021-12-03 16:30

South Korea's online shopping hit a record monthly high in October amid the continued COVID-19 pandemic.

S.Koreas foreign reserves fall in November

S.Korea's foreign reserves fall in November

2021-12-03 16:11

South Korea's foreign reserves posted the first fall in five months in November owing to the lower conversion value of non-U.S. dollar assets.

Finland to establish state-owned vaccine research company

Finland to establish state-owned vaccine research company

2021-12-03 06:45

The Finnish government on Thursday approved the establishment of Finnvac Oy, a state-owned vaccine research company.

U.S. stocks rebound with Dow closing up over 600 points

U.S. stocks rebound with Dow closing up over 600 points

2021-12-03 06:42

U.S. stocks rebounded on Thursday as industrials and energy sectors led the gains.

Oil prices climb as OPEC+ sticks to planned output hike

Oil prices climb as OPEC+ sticks to planned output hike

2021-12-03 06:11

Oil prices rose on Thursday after major oil producers decided to stick to a planned production hike.

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