The strike marks a serious escalation of attacks by Houthi militants given they have, so far, primarily targeted container vessels moving through the Red Sea
The number of foreclosed home deals in China jumped by well over a third to nearly 390,000 in 2023, while new home prices suffered their worst slump in nine years
The country's most indebted provinces and cities have been told to delay, downsize or stop work on state-funded transport projects, so municipal debt is contained
China will get a 'Silk Road' gateway to South America and its resources via a $3.5 billion deep-water port at Chancay in Peru, due to open late this year
Chinese shipments to Russia jumped 47% in 2023 from a year earlier, and soared 64% compared with 2021, before the Russia-Ukraine war, China's customs data showed
Consumer prices fell for a third month in December while factory-gate prices extended a more-than-year-long decline, data from the National Bureau of Statistics showed
Japan's biggest sea freight companies, Mitsui OSK Lines and Nippon Yusen, and Germany’s Hapag-Lloyd are worried about threat of attacks in Red Sea
The US Department of Defence said on Saturday the drone that attacked the Japanese-owned chemical tanker was launched from Iran.
Shippers opting to sail around Africa to avoid attacks by pro-Palestine Houthi militants in waters near Yemen and Suez Canal, despite formation of US-led 10-nation naval force
Bilateral pacts cover possible investments in rail links, security, plus telecoms and digital data, but analysts said any boost in ties could be more symbolic than real
For November alone, bilateral trade between the two nations rose to $21.5 billion, the highest since February 2022 when the Ukraine war began
Spot lithium prices in the world's top producer of the battery metal were effectively down close to 80% year-on-year