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1511
 
   
The Portuguese take control of Malacca, in the Malay peninsula, as a base for trade further east      
1512
 
Narrative history in HistoryWorld    
The Portuguese make treaties in the Moluccas (or Spice Islands), to trade in cloves and nutmeg      
1548
 
Narrative history in HistoryWorld     
La Paz is founded on the trade route between Lima and the newly discovered silver mines at Potosi       
c. 1550
 
Narrative history in HistoryWorld     
Spanish galleons assemble each year at Portobelo to deliver European goods and to ship home the metals of Latin America       
1555
 
Narrative history in HistoryWorld    
The Muscovy Company is granted a monopoly by the crown to trade with Russia, as the first of the English chartered companies      
1557
 
   
The Portuguese establish a trading post on Macao, a small peninsula off the south coast of China      
c. 1570
 
Narrative history in HistoryWorld     
Privateers frequent the Spanish main to plunder the richly laden caravels on their way home to Europe       
1579
 
Narrative history in HistoryWorld    
Francis Drake seizes a Spanish vessel laden with gold and silver in the Pacific, formerly a safe area for Spain      
1587
 
Narrative history in HistoryWorld    
Venice opens the first modern bank (the Banco della Piazza di Rialto) for safe deposits and credit transfers      
1595
 
Narrative history in HistoryWorld   
The first Dutch expedition round the Cape reaches Java and secures trading agreements