The German economy is on the verge of an upturn driven by domestic demand. The improving global economic climate and decreasing uncertainty are fuelling investment. Private consumption is benefitting from favourable employment and income ...
China economy growth is encouraging and Australia's inflation has been eased, said Loewe, vice president of Reserve Bank of Australia. "The pessimism about China economy has proved faulse again. Recent economy growth is quite encouraging. ...
Tags: China Economy, Inflation rate
Oil prices dropped Monday as investors paid close attention to speeches from Federal Reserve officials for clues on monetary policies. New York Fed President William Dudley on Monday defended the Fed's decision not to trim its massive ...
Tags: Oil Prices, Fed Tapering Fears
Business expectations for the final quarter of the year have fallen flat in a sign that the economy's long-awaited revival will not occur in 2013. The outlook for the remainder of the year suggests that businesses do not view the ...
The South African Revenue Service (SARS) recognises the significant role the clothing, textile, leather and footwear sectors play in the South African economy. SARS considers these as strategic economic sectors that require significant ...
Tags: Textile Sector, Textile
Walmart will convene approximately 1,500 people, including representatives from more than 500 supplier companies, 32 states, major retail industry leaders and other retailers, at its U.S. Manufacturing Summit. According to a press release, ...
Tags: Walmart, Manufacturing, Processing Machinery
For centuries, trading with raw material has been an integral part of economic life. Stock exchanges started everywhere and eventually developed into the stock exchanges that exist today, dealing with shares, too. The first stock exchange ...
Tags: Raw Material, Textile
Oil prices went up Thursday as unrest in Egypt bolstered concerns that oil supplies from Middle East may be disrupted. The Middle East accounted for 35 percent of global oil output, according to the International Energy Agency. Egypt ...
Tags: Oil, Metallurgy, Mineral, Energy
The Federal Reserve Bank of St. Louis and McCarthy Building Cos. might soon reach a negotiated settlement in their dispute over the allegedly defective windows the building contractor had installed five years ago. The Federal Reserve Bank ...
Tags: McCarthy Building
THE dollar dipped below the US90c mark yesterday as expectations of a rate cut next week rose following bearish rhetoric from the Reserve Bank governor. At 5pm AEST the local unit was trading at US89.58c, down from US90.16c on Wednesday. ...
Dr. A Sakthivel, Chairman AEPC, releasing the data on the apparel exports for the month of June stated that, “Apparel exports were to the tune of US D 1240 million in June 2013-14 with increase of 12.13 per cent against the ...
Tags: Indian Garment
Dr A Sakthivel, Chairman AEPC has written to Union Finance Minister, Shri P Chidambaram, on the demand of Garment Exports to give separate chapter for interest rates in export sector. In his letter Chairman AEPC wrote, “Reserve Bank ...
Tags: Export Sector, AEPC
THE Australian dollar is lower following a dovish speech by Reserve Bank boss Glenn Stevens that hinted at another rate cut next week. At 5pm AEST the local unit was trading at 90.16 US cents, down from 90.63 cents yesterday. The ...
The Australian dollar is lower after Reserve Bank governor Glenn Stevens hinted there could be another cash rate cut next week. At 5pm AEST the local unit was trading at 90.63 US cents, down from 92.45 cents yesterday. The futures ...
Tags: Australian dollar, Reserve Bank
The Australian dollar was weaker as markets warmed again to the idea that the central bank will cut interest rates next month. "Domestic press speculation of an RBA rate cut in early August has weighed on the Australian dollar," RBC ...
Tags: Australian Dollar