Chinese iron ore futures soared nearly 7% on April 19, hitting their highest in almost one month, amid expectations that a move by China's central bank to reduce the amount of cash lenders keep as reserves would help spur steel demand.

Twelve second-hand ships, worth a total of 259 million yuan ($40.52 million), have been traded in the first quarter of 2018, according to the Xiamen Shipping Exchange.

The World Steel Association (Worldsteel) forecasts that global steel demand will reach 1,616.1 million tonnes in 2018, an increase of 1.8% over 2017 figures. In 2019, it is forecast that global steel demand will grow by 0.7% to reach 1,626.7

On April 16, 2018, the Republic of Panama Consulate in Shanghai formally opened, and in Shanghai Consulate office Ryan Square held the opening ceremony.

China's shale gas production will likely reach 17 billion cubic metres (bcm) in 2020, nearly double the 2017 level, as local oil companies make big progress with drilling technology and cost cutting, consultancy Wood Mackenzie said in a note

A pledge from China to help upgrade Pakistan's railways has prompted authorities to renovate its neglected British rail system, reported Bloomberg.

HONG KONG's Orient Overseas Container Line (OOCL) is cancelling a number of Asia-Europe sailings after "Golden Week" mainland holiday from May 1.

China's leading steel hub Tangshan city imposed a series of emergency measures from April 15 to fight against air pollution expected to blanket the city and the surrounding Beijing-Tianjin-Hebei area.

Chinese President Xi Jinping on Friday announced a decision to develop the island of Hainan into a pilot free trade zone. Policies and institutional systems for building a free trade port in Hainan will be established "step by step and s

China will officially introduce foreign investors to trade in domestic iron ore futures from May 4, said Gao Li, spokesperson of China Securities Regulatory Commission.

At the Boao Forum, HNA Group announced the signing of a Memorandum of Understanding to explore business partnerships with Temasek, an investment company headquartered in Singapore.

China's foreign trade volume rose 9.4 percent year-on-year to 6.75 trillion yuan ($1.07 trillion) in the first quarter this year, customs data showed on Friday.

WITH the US and China locked horns over trade tariffs, speculation is mounting as to why US regulators have not yet approved Cosco Shipping's takeover of a Long Beach terminal through its acquisition of Orient Overseas Container Line (OOCL).

China Petroleum & Chemical Corporation or Sinopec, a Chinese oil and gas company and one of – if not the – the largest oil and gas firm in the world has launched a Green Action Plan, aiming to become a clean, efficient and low-carbon ent

China was the Philippines' largest source of imports in February, comprising 19.9 percent share of the total import for the month, the Philippine Statistics Authority (PSA) said Wednesday.