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China’s major chip maker unveils new generation of processors
China’s major chip maker Loongson on Tuesday unveiled its new generation of general-purpose CPUs with improved processing performance in Beijing. The new generation CPUs, Loongson 3A4000 and 3B4000, adopt a 28 nm technique and their main frequency reaches 1.8GHz to 2.0GHz. Their performance...Read more -
China’s meat imports expands in first 11 months
China reported Tuesday an expansion of imported meat in the first 11 months to meet the strong demands of the national market, according to the General Administration of Customs (GAC). From January to November, the total amount of meat imports reached 5.49 million tonnes, climbing 42 percent year...Read more -
U.S. Supreme Court to decide on release of Trump’s tax records
The U.S. Supreme Court agreed on Friday to hear President Donald Trump’s appeal of lower court orders, now on hold, that require relative banks and an accounting firm to turn over the president’s financial records to the Democrat-led House of Representatives and local prosecutors in N...Read more -
Levies on certain US imports suspended
China suspended extra tariffs on certain products from the United States that had been scheduled on Sunday — a part of the two countries’ broader move to scale back tariffs after agreeing on the text of a phase one trade deal. Experts said de-escalation of the protracted trade war will help...Read more -
China remains Oman’s largest oil importer in November
An official Omani report said on Wednesday that China remained Oman’s largest oil importer in November as 92.99 percent of Oman’s oil exports were taken by China. China’s crude imports from Oman grew by 1.03 percent in November month on month, according to the monthly report of ...Read more -
US Democrats unveil Trump impeachment charges
US House Democrats on Tuesday moved forward by announcing two articles of impeachment, accusing US President Donald Trump of abuse of power and obstruction of Congress, culminating over two months of investigation by Democrat-led House committees into the president’s dealings with Ukraine. ...Read more -
Canada signs new North American trade deal
Canada has signed the renegotiated North American Free Trade Agreement in Mexico city, clearing the way for the contentious pact’s long-awaited ratification, CTV reported Tuesday. Canadian Deputy Prime Minister Chrystia Freeland signed the agreement, which is named in Canada as the Canada-U...Read more -
Democrats to introduce articles of impeachment against Trump on Tuesday
House Democrats who are leading an impeachment proceeding against U.S. President Donald Trump plan to announce articles of impeachment on Tuesday, several media outlets reported Monday night. Two articles of impeachment focusing on abuse of power and obstructing Congress are expected to be unveil...Read more -
Bahrain signs contracts with Chinese company for construction of mega housing project
Bahraini Ministry of Housing on Sunday signed contracts with the China Machinery Engineering Corporation (CMEC) to initiate construction work on the mega project for East Sitra City. The contracts were signed by Basim Bin Yacob Al Hamar, Bahraini minister of Housing, and Fang Yanshui, vice presid...Read more -
Foreign trade rises 2.4% so far this year
Exports, imports climb despite global slowdown, Sino-US trade dispute China’s foreign trade volume over the first 11 months of 2019 expanded 2.4 percent year-on-year to 28.5 trillion yuan ($4.14 trillion), registering steady growth, the General Administration of Customs said on Sunday. Expo...Read more -
Nationwide strike in France challenging Macron’s pension reform
Protesters take part in a strike in Paris, France, Dec. 5, 2019. Train and metro stations are deserted, schools closed and many aircrafts grounded across French cities on Thursday as the country’s labor unions staged a nationwide strike to force President Emmanuel Macron to abandon ...Read more -
Saudi oil giant Aramco announces world’s largest IPO
Saudi Oil Company Aramco has priced its initial public offering at 8.53 U.S. dollars per share, making it the largest IPO ever, Arab News reported on Thursday. At that level, Aramco has a market valuation of 1.7 trillion U.S. dollars, overtaking Apple as the world’s most valuable listed fir...Read more