Though the Chinese currency renminbi, or the yuan, weakened to a six-year low against the U.S. dollar Friday, analysts said a sharp drop is unlikely despite persistent depreciation pressure. The central parity rate of the yuan retreated ...
Tags: Chinese currency, renminbi
China and the Philippines on Thursday pledged to improve economic ties through cooperation. During a meeting with Philippine President Rodrigo Duterte at the Great Hall of the People, Chinese Premier Li Keqiang said China and the ...
Tags: Economic Ties
China's foreign trade still faces strong headwinds as uncertainties mount, a commerce official said Tuesday. The difficulties will not end in the near term, with uncertain and unstable factors increasing, Shen Danyang, spokesperson for ...
Tags: Foreign Trade
Chinese manufacturers and traders were optimistic about overcoming global economic headwinds as they turned up at the month-long Canton fair which opened its 120th session on Saturday at the southern city of Guangzhou. The biannual event, ...
Tags: Canton Fair
The company reiterates fiscal year 2017 GAAP EPS guidance of $4.29 to $4.49, or adjusted EPS1 guidance of $4.15 to $4.35. For fiscal year 2018, the company expects GAAP EPS to be relatively flat to fiscal year 2017 adjusted EPS1. ...
On August 25, Liu Zhenya, Chairman of Global Energy Interconnection Development and Cooperation Organization (GEIDCO) and Chairman of China Electricity Council (CEC) held talks with Mongolian State Great Hural Chairman (Speaker) Enkhbold ...
Tags: Liu Zhenya, Enkhbold, Alden Bart
The central parity rate of the Chinese currency renminbi, or the yuan, weakened another 160 basis points to 6.7258 against the U.S. dollar Wednesday, according to the China Foreign Exchange Trade System (CFETS). It was the weakest level ...
Roland Foods, in cooperation with the manufacturer in Morocco, is voluntarily recalling specific lots of Roland Preserved Lemons due to undeclared sulfites in the product. People who have a severe sensitivity to sulfites run the risk of ...
Tags: Roland Foods, Morocco, recall
The Salone del Mobile.Milano arrives in the Chinese market with the first edition of the Salone del Mobile.Milano Shanghai. The best production of Made in Italy furniture will be brought tp stage at the SEC– Shanghai Exhibition Center ...
Tags: Salone del Mobile.Milano, Shanghai
TAITRA held the first overseas pre-show press conference for COMPUTEX 2017 in India (photo courtesy of TAITRA). In a view of Taiwan's increasingly close economic ties with India, Taiwan External Trade Development Council (TAITRA), a ...
Tags: TAITRA, overseas pre-show press conference, COMPUTEX 2017
In 2015, the global market size of service robots reported USD8.49 billion, surging by 42.2% on a year-on-year basis, and it is expected during 2016-2020 to show an annual average growth rate of 16.5%, which will be mainly driven by: (1) ...
Tags: service robots, report
Friedrichshafen / Stockholm – ZF Friedrichshafen AG, through its wholly-owned subsidiary ZF International B.V. (“ZF”), announced today that it has withdrawn its recommended public cash offer (the “Offer”) to ...
Tags: ZF, withdraw, public cash offer, Haldex
Egpyt-based bakery group Edita Food Industries has signed an agreement with Khalifa A.Algosaibi Cold Stores (KACS) for distribution of its products in Saudi Arabia. As per the agreement, KACS will distribute the Edita’s ...
Tags: Edita Food Industries, KACS, agreement
Chinese yuan or renminbi (RMB) has been included into the basket of special drawing right (SDR) of the International Monetary Fund (IMF) since Oct 1, marking a milestone in the internationalization of the RMB. Here are seven things you need ...
Tags: SDR Inclusion, RMB
The two aim to implement women’s empowerment strategies at toy factories in India, from preserving women’s health rights to ensuring equal pay. ICTI CARE has teamed with BSR to advance women’s empowerment in global ...