Imagine, in the early morning drinking a cup of coffee with Cartier; Breakfast is a cup of apple milk, add a Versace eggs; Lunch is Ferrari noodles plus a Louis Vuitton sausage, after eating Nike orange; As for the night, cooking HSBC rice, ...
Tags: Packaging
With Chinese currency the yuan, also known as the renminbi, enjoying rising acceptance, banks and enterprises in the Gulf Arab region are seeking ways to catalyze the growing demand for conducting trade with the currency. "By the end of ...
China's trade rebounded in February from the previous month's surprise contraction, but imports were subdued in another sign of continued weakness in the world's second-largest economy. Exports surged 48.9 percent in February from a year ...
Tags: Dipping Imports, February exports
Activity in China's services sector grew modestly in February as new orders rose at their quickest pace in three months, a private survey showed just a few days after the central bank cut interest rates to stimulate the world's ...
Tags: HSBC Services, PMI
China is unlikely to "purposely weaken" its currency, the yuan, or renminbi (RMB), as it would go against the authorities' commitment to economic rebalancing and structural reforms, HSBC said on Monday. Even dismissing the economic ...
Tags: weaken currency, RMB
According to the organisers, Textile Forum which runs from March 4-5, 2015 at One Marylebone, London will be a riot of colour. They say the March edition will throw up more choices than ever for designers sourcing top end luxury fabrics ...
Tags: womenswear, menswear, childrenswear, lingerie, Textile
In a bid to hike its commitment to apparel finance, Wells Fargo said it has opened a new Commercial Banking office in New York City to expand its services to the apparel industry. Spearheading the Commercial Banking apparel initiative is ...
Tags: banking, insurance, investments, Apparel
Shanghai Futures Exchange (SHFE) copper prices climbed on Wednesday, the last trading day of 2014. The market closed on January 1 and 2 due to the New Year holidays. The most-traded copper contract for March delivery on the SHFE ended at ...
Tags: Copper Prices, Copper
Chinese manufacturers signalled weaker growth momentum at the end of 2014, fresh evidence of headwinds facing the Chinese economy, a recent HSBC report showed. After adjusting for seasonal factors, the HSBC Purchasing Managers' Index ...
Tags: Manufacturing Activity
Chinese companies are feeling the chill from the rouble crisis, with automobile and food trading firms aching the most. Automaker Zhejiang Geely Holding Group Co has started to increase the prices of its vehicles in Russia to offset losses ...
China's non-manufacturing sector activity showed a slight improvement in November, as new export orders and employment added stabilizers to the economy. The purchasing managers' index (PMI) for the non-manufacturing sector came in at 53.9 ...
Tags: Service Sector, PMI
Price slumps in the global commodity market continued to allow China to spend less while importing more, helping China save on enormous import bills, latest customs data showed. In the first ten months of this year, China imported 252.6 ...
Tags: commodity market, crude oil
Xinchuang Li, deputy secretary general of the China Iron and Steel Association (CISA), has stated at China Mining 2014 held in Tianjin that China's demand for imported iron ore will indicate slower growth, but will remain strong. The CISA ...
In October this year, the China HSBC Flash Manufacturing Purchasing Managers Index (PMI) increased to 50.4 - the highest level of the past three months - higher than the anticipated level of 50.2 and up from September's final reading of ...
Tags: PMI, China economy
The Asian price spread between high density polyethylene and ethylene feedstock turned negative Thursday, September 25, falling to minus $5/mt from parity a day before, due to the bearish PE market amid continued firm ethylene, Platts data ...
Tags: HDPE-Ethylene, PE