SINGAPORE: Oil prices gave up early gains on Thursday after parts of Shanghai imposed new COVID-19 lockdown measures, outweighing news of China’s stronger-than-expected exports in May. Brent crude futures for August dipped 15 cents, or 0.1%, to$ 123.43 a barrel at 0630 GMT, while U.S. West Texas Intermediate crude for July was at$ 121.91 a barrel, down 20 cents, or 0.2%. Both benchmarks closed on Wednesday at their highest since March 8, matching levels seen in 2008. China's May exports jumped 1

SHANGHAI: Featuring time-saving and fast Customs clearance process, the China-Europe rail freight service between Shanghai and Germany’s Hamburg has been enjoying a growing reputation among global importers since its launch in October.A route connecting many major hubs in Poland, Belarus, Russia and Kazakhstan, the service has played a key role in boosting trade among markets.It also helped exhibitors of the fourth China International Import Expo( CIIE), which was held in Shanghai earlier this m