Shanghai

Deputy Foreign Minister for Economic Diplomacy and Openness Kostas Fragogiannis is to visit China on Thursday, accompanied by the general secretary of international economic relations and openness, Maira Myrogianni.

Three years after the groundbreaking for the liquefied natural gas terminal in Cyprus, a project worth $289 million has been initiated. However, the work remains incomplete, causing a delay in the implementation of a medium-term solution for transporting and utilizing LNG. This delay is significant as it affects consumers seeking an alternative to the rising oil prices.

BELGRADE - At a meeting with China's new Ambassador to Serbia Li Ming, Serbian PM Ana Brnabic said Serbia-China relations were excellent and accompanied by intensive political dialogue at all levels.

BELGRADE - Serbia's Novak Djokovic, the world number one in men's tennis, will play at the Paris Masters, the ATP Finals in Turin and the Davis Cup Finals in Malaga until the end of the season, according to his official website.

Djokovic will skip the Astana ATP tournament and the Shanghai Masters.

Türkiye's indigenous electric carmaker Togg is preparing to start two shifts at its production plant in mid-September earlier than initially planned due to strong demand, Gürcan Karakaş, the company's CEO has said.

The most expensive flight in the nation this year, according to information from a travel booking platform, was a one-way trip from Istanbul to Shanghai that cost 66,600 Turkish Liras ($2,500).

Online travel platform Turna.com announced their data for the first seven months of 2023 based on air ticket sales.

The largest Chinese state banks were busy this week selling US dollars for yuan, both in onshore and offshore foreign exchange markets, to slow down the depreciation of the yuan. While they also trade on their own behalf or to fulfill client orders, state banks often act on the central bank's instructions when the yuan is under pressure, as is the case currently.

BELGRADE - Serbian Deputy PM and Finance Minister Sinisa Mali received a farewell visit from Chinese Ambassador to Serbia Chen Bo on Thursday.

They discussed economic relations between the two countries and the successful cooperation during the ambassador's tenure in Belgrade.

China's economy grew at a 6.3 percent annual pace in the April-June quarter, much lower than analysts had forecast given the slow pace of growth the year before.

The world's second-largest economy is expected to slow further in coming months given slack consumer demand in China and weaker demand for Chinese exports in other economies as their post-pandemic recoveries lose momentum.

Pixar is seeking to rediscover its box office fortunes with timely immigrant fable "Elemental," the animation studio's first totally original new film to hit theaters since the start of the pandemic.