On November 28, Gansu Province-based Chinese steelmaker Jiuquan Iron and Steel Group Co. (JISCO) announced that it plans to issue medium-term notes worth RMB 3.8 billion ($622.9 million) on December 5. This will be the company’s first ...
Tags: steelmaking, metallurgy
Swedish automobile manufacturer Volvo Car Group has signed an $800m loan agreement with China Development Bank to support its product development program and strengthen its capital structure over the coming years. With a maturity in ...
Tags: Volvo Car, China Development Bank
Concentrating photovoltaic (CPV) system maker Soitec of Bernin, France says that renewable-energy power plant developer Focusic New Energy Holding Co Ltd of Zhengzhou, China has secured a loan for 200m Yuan (about $32.7m) from the China ...
Tags: CPV Project, Electrical
China’s LED chip manufacturer HC Semitek Corp. Suzhou branch has received a US$ 150 million loan to be paid back in six years for its LED business, according to a Chinese-language Reuters report. China Development Bank’s ...
Tags: LED Chip, LED Business
Ashgabat and Beijing have signed a number of deals on development of the supergiant Galkynysh gas field in Turkmenistan and related infrastructure during a visit by China's President Xi Jinping to the Central Asian state Tuesday. The ...
Tags: Mineral, Turkmen Gas
On August 26, China's national railway operator China Railway Corporation (CRC) announced that it will issue its third tranche of railway construction bonds in the current year, worth RMB 20 billion ($3.3 billion) and for a term of seven ...
Cambodia has imported 871,000 tons of petroleum in the first six months of the year, a 5.6 percent decline compared with the 922,800 tons at the same period last year, the figures of the Ministry of Commerce showed Monday. During the ...
Tags: Oil Imports, Metallurgy
A forthcoming audit of overall government debt in China is expected to reveal the status quo of growing government debt and its potential risks amid the country's economic slowdown. The planned nationwide audit follows a previous one ...
Tags: Gov't Debt
Indoor LED lighting demand showed strong growth in first-half 2013 causing product shortages, hence some China-based LED firms may restart capacity expansions, according to industry sources. China-based LED firms stated that LED lighting ...
Tags: capacity, capacity expansion, China, LED lighting MOCVD
Indian government may have been trying hard to acquire a ‘Global Diamond Trading Hub’ status for its diamond industry on one hand but on the other hand if some figures are to be believed, it may be on verge of surrendering its ...
On May 14, Liaoning Province-based Chinese steelmaker Angang Steel Group Co. (Ansteel) announced that it will issue its first medium-term notes for the current year on May 21, valued at a total of RMB 4 billion ($651.5 million). The notes ...
Tags: Ansteel, Medium-Term Notes
Chinese solar cell and module maker Suntech Power Holdings Co., Ltd. (NYSE: STP) owed nine banks a total of CNY 7.1 billion. It released financial forecasts for the fourth quarter of 2012 on May 2 and according to the forecasts, the ...
Tags: Service, Metallurgy, Mineral, Energy, solar
Yunnan Province-based Chinese steelmaker Kunming Iron and Steel Co. Ltd. (KISC) has announced that it plans to issue medium-term bonds worth RMB 1.1 billion ($175 million) on April 9. The period of issuance of the short-term bonds is five ...
Tags: Kunming Steel, Medium-Term Bonds, Mineral
Russia's En+ Group, China Development Bank and Shenhua Group have signed a strategic cooperation agreement worth up to $2 billion to jointly develop coal resources in Eastern Siberia, the Russian energy company said Friday. Under the ...
China Development Bank Beijing Branch released that, it took its advantage and dedicated to support the development of vacuum glass to industrialization. At present, the bank had committed to loan 130million and provide extra 77 million ...