Bloomberg quoted Treasurer Mr Wayne Swan before a government report on gross domestic product this week said that growth in Australia, the world's biggest exporter of iron ore and coal, may have slowed last quarter as commodity prices fell. ...
Tags: iron ore, coal, Australia, resource projects
CII is deeply concerned with the continuing decline in GDP growth in the Q2 of the current fiscal driven by the poor performance of the manufacturing and agriculture sectors. At 5.3%, the Q2 GDP growth is very disappointing. Reviving the ...
Tags: indian tourism, order indian food, iron ore price news, india news
SMM reported that China's manufacturing PMI rose to a 7 month high in November. Risk appetite grew during the European session pushing commodity prices up. The US November manufacturing PMI declined more than expected, increasing ...
Tags: scrap metal price, iron ore price news, aluminum, steel scrap buyers
Reuters reported that government infrastructure spending should help Zambia's economy grow faster over the next 2 years providing copper prices do not fall. Median forecasts from last week's survey of 13 economists show Africa's top ...
Tags: copper, Capital Economics, copper price
PTI reported that Mahindra & Mahindra's vehicle sales rose 18% to 48,143 units in November compared with 40,722 sold during the same month a year ago. According to a statement issued by the company, the company's domestic sales rose 23% ...
Tags: Mahindra, vehicle sale, wheeler
A Sakthivel, Chairman, Apparel Export Promotion Council (AEPC), on RBI announcement of its Q2 review of monetary policy on 30th October 2012 wrote a letter to Finance Minister, Shri P Chidambaram. Dr Sakthivel in his letter stated that, ...
Tags: AEPC, Q2 review, garment exporters, interest rates
Reserve Bank of India released second Quarter Review of Monetary Policy 2012-13 and leaves Repo Rate and Reverse Repo Rate unchanged at 8% and 7% respectively while reducing the Cash Reserve Ratio (CRR) by 25 basis points with an intension ...
Tags: TEA, RBI, Monetary Policy 2012-13, garment exporting sector
Mahindra & Mahindra has reported a 18% rise in its auto sales to 48,143 units in November 2012, compared to 40,722 units for the same period in 2011. The company's domestic sales increased 23% to 46,755 units in November 2012, compared to ...
Tags: auto sales, Passenger Vehicles, domestic sales, automotive division
Chairman All Pakistan Textile Mills Association (APTMA) Ahsan Bashir has urged for provision of regionally competitive interest rate in the wake of improvement in the economic indicators. He has appreciated the government for bringing ...
Tags: industrial investment, textile industry, interest rate, textile market
Taiwan may be able to establish RQFII (renminbi qualified foreign institutional investor) mechanism, similar to Hong Kong, thereby facilitating the flowing back of renminbi to mainland China, which is critical for Taiwan to develop into a ...
Tags: Taiwan, RQFII Mechanism
Gold-bullish hedge-fund titan blasts Fed's"unimaginable"QE3 spree Manhattan,New York,United States of America October 25,2012--Hedge-fund manager David Einhorn raised concerns about the U.S.central bank's latest round of stimulus,saying ...
Tags: Gold-bullish, Fed, USA, Hedge-fund
response to the influx of hot money into Asia following the rollout of the third-round quantitative easing policy(QE3)of the U.S.,the Central Bank of China(CBC)has included 20 U.S.and European investors with frequent funding movement into a ...
Tags: CBC, Speculative Foreign Funds, QE3, hot money
According to a piece of research by Reuters,half of all LED chipmaking companies in China will go bankrupt due to a slump in global demand and cuts in subsidies to certain manufacturers. Analysts point out oversupply and the economic ...
"Make your move,"economist Jeff Dietrich advised the 200 attendees at the 2012 Glazing Executives Forum,held Sept.13 as part of GlassBuild America in Las Vegas."Invest time,money,personnel.Move forward and innovate,"said the senior analyst ...
Tags: America 2012 Report, Industrial Production, GDP, Jeff Dietrich
Half of all LED chipmaking companies in China will go bankrupt owing to a slump in global demand and cuts in subsidies to certain manufacturers, according to a piece of research by Reuters. Analysts say oversupply and the economic ...
Tags: led chip