Foreign direct investment (FDI) into the Chinese mainland rose 5.7 percent year on year in August, compared with a 1.6-percent drop in July, official data showed Tuesday. FDI hit 57.3 billion yuan (US$8.8 billion) last month, according to ...
Tags: China's FDI, economic activity
As a key role in manufacturing, CNC machine tools have been emphasized by developed countries. China's CNC machine tools occupied about 30% in 2015, which indicates a big gap with developed countries such as Japan, the United States, and ...
Tags: CNC machine tools
At a time when dairy companies have struggled with the continued European oversupply of milk, Arla has strengthened the quality and profitability of its business. Arla’s strategic branded sales grew 6.1 per cent in the first half of ...
Tags: Arla, dairy, positive results
Cherkizovo Group, the largest vertically integrated meat and feed producer in Russia, announces its unaudited consolidated IFRS results for the period ending June 30, 2016. Second quarter financial highlights Revenue increased by 9% ...
Prices for handset peripheral chips have started to fall, squeezing further profits generated from phones, according to industry sources. Peripheral ICs for handsets include power management ICs, radio-frequency (RF) chips, modem chips, ...
China's machinery sector showed signs of recovery in the first half of 2016, according to an industry association Tuesday. The China Machinery Industry Federation (CMIF) said the sector's value added in the first six months expanded 7.8 ...
Tags: machinery sector, machinery
Mondi announced half-yearly results for the six months ended 30 June 2016. Highlights Continued strong financial performance on all key metrics Underlying operating profit of €529 million, up 8% Underlying earnings of ...
Tags: metricsUnderlying, Uncoated Fine Paper, Fibre Packaging
China's truck manufacturers are keeping their eyes on international markets and on production upgrading as ways to deal with the industry's severe overcapacity. "The level of globalization will decide the future of our company", said Ma ...
Tags: high-end markets, truck
The Chinese currency renminbi, or the yuan, continued to weaken on Tuesday but analysts said more sharp depreciation is unlikely. The central parity rate of the yuan weakened 10 basis points to 6.6971 against the U.S. dollar, the weakest ...
McDonald’s global turnaround is coming to fruition. The global re-vitalisation is being driven by the new management headquartered in Chicago. There are numerous lessons that can be learnt on how big companies can successfully ...
The Chinese government is struggling to meet its annual fiscal targets, finance minister Lou Jiwei warned Wednesday. The central treasury received 2.968 trillion yuan (about 446.4 billion U.S. dollars) from January to May, a year-on-year ...
Tags: fiscal targets
Taiwan’s overall export orders in May totaled US$33.73 billion, down 5.8 percent year on year (photo courtesy of UDN.com).Taiwan's export orders received in May totaled US$33.73 billion, down 5.8 percent year on year to represent the ...
Luceplan’s Ascent lamp wins Compasso d’Oro ADI Award 2016 The Ascent lamp designed by Daniel Rybakken in 2013 has won the prestigious Compasso d’Oro ADI award for 2016, in the category Design for Living, assigned by the ...
Tags: Rybakken, Compasso d'Oro ADI Award
Retail footfall in May was up 0.3% YOY, according to the latest BRC-Springboard Footfall and Vancancies Monitor. This was better than the 2.4% decline seen in April, and significantly above the three month average of -1.7%. High street ...
Tags: footfall, high street
China faces two separate challenges: the long-term issue of a declining potential growth rate and the immediate problem of below-potential actual growth. Indeed, the government's supply-side reform strategy will go a long way toward doing ...