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Venezuela says launch of 'petro' cryptocurrency raised US$735m

President Maduro is hoping the petro will allow the ailing OPEC member to skirt US sanctions as the bolivar currency plunges to record lows.

February 21, 2018

ROK launches WTO trade challenge against US duties

The United States has 60 days to settle the issue, after which time the Republic of Korea could ask the WTO to adjudicate.

February 21, 2018

S. Korea signs free trade deals with 5 Central America countries

Representatives from Costa Rica, El Salvador, Honduras, Nicaragua and Panama met with the trade minister to sign five separate bilateral pacts.

February 21, 2018

China's centrally administered SOEs see surging assets

Total assets of the centrally administered SOEs stood at 54.5 trillion yuan at the end of 2017, up 73.8 percent from the end of 2012.

February 20, 2018