Chinese shares rose to the highest level in more than five years on Monday after Premier Li Keqiang said the country has a string of policy tools at the government's disposal to bolster economic growth. The benchmark Shanghai Composite ...
Tags: Chinese shares, economic growth
In February, Beiben sales volume is 750 trucks, up by 22% compared to the same period. Although the sales volume is not large, Beiben is the only one company in top 9 heavy truck enterprises to achieve positive growth. And the heavy truck ...
Tags: Beiben Sales, trucks, heavy truck
China's declining use of coal may be felt from Australia to the United States, especially the US state of Wyoming where coal is major part of the economy. Last week Premier Li Keqiang said China wanted to reduce its energy intensity ...
Tags: Metallurgy, coal, Coal Consumption
PV demand has started to increase this month, according to EnergyTrend’s observation. End-market demand for high-efficiency cells/modules has also reflected an uptrend. In the end of 2014, 250W 60-cell multi-si module remained the ...
Tags: PV Module, Solar Cell
Accell Group N.V. reported its North American bikes sales grew 4 percent in 2014 as sales to multi-sports retailers grew, while sales to independent bicycle dealers, or IBDs, lagged expectations and declined. Sales of electric bikes only ...
Tags: bikes sales, Accell Group
Chinese automaker BYD Co, backed by Warren Buffett's Berkshire Hathaway Inc, aims to triple its production of batteries as it takes on Tesla Motors in the race to supply electric vehicles and boost energy storage. Shenzhen-based BYD plans ...
Tags: Chinese automaker, BYD, Tesla, Battery Factory
Turkey has imposed an additional 50 per cent customs duty on Pakistani handmade carpets, which can have tumultuous impact, since Turkey is the second biggest importer of Pakistani handmade carpets. The imposition of the duty comes ...
Tags: Handmade Carpets, Carpets
Gross profit at apparel retailer American Eagle Outfitters surged 13 per cent year over year in the fourth fiscal quarter ended January 31, 2015 driven primarily by reduced markdowns. In the fourth quarter of fiscal 2015, gross profit ...
Tags: American Eagle, apparel retailer
China's auto industry saw total sales drop by 0.22 percent to 1.59 million units in February, the first year-on-year drop in two years, data from an industry association showed Tuesday. Sales of passenger cars increased 6.42 percent ...
Tags: auto industry, passenger cars
China's producer price index (PPI), which measures inflation at the wholesale level, declined a record 4.8 percent year on year in February amid weak domestic demand, the National Bureau of Statistics (NBS) said on Tuesday. The ...
Last year definitely ended with two widely differing stories in the fashion world in China, with traditional well-known luxury brands experiencing a downturn while more affordable luxury products and fast fashion brands turning in ...
Tags: luxury market, luxury brands
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
Improved buyer demand at the beginning of the year pushed pending home sales in January to their highest level since August 2013, according to the National Association of Realtors (NAR). All major regions except for the Midwest saw gains in ...
Tags: Pending Home Sales
Chinese mainland stocks declined as the country's leader hints at an economic 11-year-low growth target. The benchmark Shanghai Composite Index fell by 0.95 percent or 31.06 points to 3,248.48 points on Thursday. The Shenzhen Component ...
Tags: Chinese stocks, Hang Seng Index
The latest data from the Australian Industry Group (AIG) Australian Performance of Manufacturing Index (PMI) indicates that Australia's manufacturing sector has contracted for the third month in a row, and that subdued domestic demand is ...