Sri Lanka’s tea exporters are lobbying for liberalized imports to expand the industry through blending of high quality tea from China, India and Kenya, an official said here Wednesday.
The gold price in Hong Kong moved down 200 HK dollars to close at 14,280 HK dollars per tael on Wednesday, according to the Chinese Gold and Silver Exchange Society.
Australia’s building products maker CSR Limited said on Wednesday that construction market in Australia was likely to remain weak for the foreseeable future.
Taiwanese investigators, acting on a tip-off, have launched an anti-graft probe into engineering and procurement staff with an under-construction power plant for green-lighting the purchase of wires and equipment offering little or no radiation protection.
U.S. retail and food services sales barely rose in April, following a stronger increase in the previous three months, the U.S. Department of Commerce reported on Tuesday.
The euro fell against the dollar on Tuesday and hit fresh four-month low as Greece failed to form new government in the final talks.
The U.S. dollar rose against most major currencies Monday as euro zone’s political uncertainties continued to pressure on the euro and concerns over China’s economy reduced risk appetite.
Crude prices fell on Monday as concerns about euro zone lingered on Greek political uncertainties and rising borrowing cost of Italy and Spain.
The U.S. dollar traded in the upper 79 yen zone early Tuesday in Tokyo.
Kenya’s energy sector regulator on Monday increased the retail prices for super petrol and kerosene while it reduced diesel prices in the latest price review that is expected to push up the cost of living in the east African nation.
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