South China’s Guangzhou launches new all-cargo air route to Paris on April 14, 2023The southern Chinese metropolis of Guangzhou has launched a new all-cargo air route to France’s Paris, said Guangdong Airport Authority’s logistics company on Thursday. On Tuesday, an all-cargo freighter from France’s CMA CGM Air Cargo departed from Paris, en route to Guangzhou Baiyun International Airport, marking the start of the intercontinental all-cargo route launched by […]
Cambodia’s imports of oil, gas, coal surge 7.8 pct in Q1 on April 11, 2023Cambodia’s imports of oil, gas, and coal rose by 7.8 percent in the first quarter of 2023, said a report from the General Department of Customs and Excise on Monday. The value of Cambodia’s imports of fuels totaled 870 million U.S. dollars during the January-March period, up 7.8 percent from the same period last year, […]
Ueda replaces Kuroda as Japan’s central bank governor on April 10, 2023Economist Kazuo Ueda replaced Haruhiko Kuroda as governor of the Bank of Japan (BOJ) on Sunday, marking the start of his five-year tenure. As the first BOJ governor from academia in postwar Japan, the 71-year-old is tasked with maintaining the momentum toward achieving the country’s 2 percent inflation target through monetary policy, and charting a […]
China’s AI market to top 26 bln USD in 2026: report on April 10, 2023China’s artificial intelligence (AI) market value is expected to reach 26.44 billion U.S. dollars in 2026, an industry report showed. The spending of the country’s AI market is forecast to hit 14.75 billion dollars in 2023, accounting for about 10 percent of the world total, said a report from global market research firm International Data […]
China’s SMEs report improved performance in Q1 on April 10, 2023China’s small and medium-sized enterprises (SMEs) registered a further increase in their activities in the first quarter (Q1) of this year as the country’s economy continues its robust recovery, industrial data showed Sunday. The Small and Medium Enterprises Development Index, based on a survey of 3,000 SMEs from eight major industries, came in at 89.3 […]
China’s civil aviation sector maintains steady growth: report on April 10, 2023China’s civil aviation sector recorded steady growth in March, an industry report showed. Last month, daily domestic flights amounted to about 11,657 on average, surging 133.52 percent year on year, according to a report released by VariFlight, a China-based civil aviation data service provider. The figure also represented a 3-percent increase compared with the same […]
China’s bulk commodity market sees improving demand in March on April 10, 2023China’s bulk commodity market saw improving fundamentals in March with a marked increase in sales as demand rebounded, industrial data showed. The China Bulk Merchandise Index, a gauge of domestic bulk commodity market growth, rose to its highest level since August 2020, according to the China Federation of Logistics and Purchasing. The index stood at […]
China’s e-commerce logistics sector logs steady growth in March on April 9, 2023China’s e-commerce logistics activities continued to see sound performance in March, with stable expansion on both demand and supply, industry data showed. The index tracking e-commerce logistics activities went up 1.1 points from February to 108.3 points in March, close to its highest point in 2022, according to a survey jointly conducted by the China […]
U.S. dollar rises after key jobs report on April 9, 2023The U.S. dollar strengthened in late trading on Friday following the release of the March U.S. employment report. The dollar index, which measures the greenback against six major peers, was up 0.27 percent to 102.0952. In late New York trading, the euro fell to 1.0907 U.S. dollars from 1.0930 dollars in the previous session, and […]
China’s farm produce imports, exports up in first quarter on April 8, 2023China’s foreign trade of agricultural products registered stable growth in the first two months of this year, official data shows. During the period, the country’s total imports and exports of farm produce stood at 54.16 billion U.S. dollars, rising 9 percent year on year, according to the Ministry of Agriculture and Rural Affairs. In breakdown, […]