The Obama administration's ongoing delay in ruling on 20 pending applications to export liquefied natural gas is stalling US job creation and GDP growth, according to a new report from a conservative economic think tank. The report, ...
Tags: Chemicals, liquefied natural gas, gas, Energy
Today, the Centre for European Economic Research (ZEW) in Mannheim and the Fudan University in Shanghai publish the results of the first "China Economic Panel" (CEP). CEP is a panel of experts focused on China. It serves to investigate the ...
Retail sales data for the month of June from the United States Department of Commerce and the National Retail Federation (NRF) showed relatively positive traction on the consumer spending front despite tailing off at the end of the second ...
Tags: economy
Global shares climbed Monday after China's GDP growth figures and US earnings reports beat expectations, Reuters reported. The slowdown in China's GDP growth to 7.5% was less severe than many had feared and the country's retail sales ...
Tags: Global Markets, China Data
PC brand vendors originally hoped China's PC market would help cover their dropping sales from other major regions worldwide in the third quarter, but such a hope may not come true because demand in China's tier-1 to -2 cities had a larger ...
China's gross domestic product growth slowed to 7.5 percent in the second quarter of 2013, down from 7.7 percent during the first quarter, data from the National Bureau of Statistics (NBS) showed on Monday. Growth in the first half of the ...
Tags: Q2 GDP, China economy
AGC Flat Glass (Thailand) Plc (AGC), the country's largest glass maker, foresees a 10% drop in revenue this year following the closure of one of its plants to pave way for a 2.4-billion-baht factory with upgraded technology. Its plant in ...
Tags: Glass, Construction, Decoration
In the Eurozone, activity contracted by 0.3% in Q1 2013, falling for the sixth consecutive quarter. However, GDP growth is expected to turn slightly positive in Q2 2013 (+0.1%), with a mild acceleration over the following quarters (+0.2% in ...
Tags: economy, Labor market
OPEC's collective oil export earnings rose 8.5% to $1.24 trillion in 2012 from $1.14 trillion in 2011, the oil producer group said Friday in its latest annual report. It stressed that the 2012 figure was a preliminary estimate. The group ...
Tags: OPEC, Oil Exports
Despite China's slowing economic growth, the retail industry in the world's second-largest economy will maintain sustainable growth in the medium and long term, commerce officials said on Thursday. Meanwhile, the industry is undergoing a ...
Tags: Retail Industry, economic growth
International credit rating agency Standard & Poor's has announced that it has raised the long-term corporate credit rating of Turkish steelmaker Eregli Demir ve Celik Fabrikalari T.A.S. (Erdemir) to 'B+' from 'B', with the outlook being ...
Tags: Turkey-Based Erdemir, Mineral
China's purchasing managers' index (PMI), a primary gauge of manufacturing growth, declined in June to the slowest reading in four months, Bloomberg reported, citing official data released today. The PMI declined to 50.1 last month from ...
Tags: PMI, manufacturing growth
Bank of China, one of China's big four state-owned commercial banks, has stated in a report that China's gross domestic product (GDP) growth is expected to rebound to 7.8 percent in the third quarter of this year, amid acceleration of ...
Tags: Chinese GDP
From 1 to 4 July, a business and institutional mission organized by Italian Trade Promotion Agency and ACIMIT, the Association of Italian Textile Machinery Manufacturers, will be travelling to Ethiopia. The mission is intended to strengthen ...
World GDP growth stabilized during the first quarter of 2013 at a moderate rate. In particular, in the advanced economies the situation improved with financial stress being further reduced and stock prices rising. The acceleration of ...
Tags: GDP growth, financial stress, Euro Area, emerging economies