The global apparent steel demand growth expectation for 2013 of worldsteel has been revised upwards today, October 7, to 3.1 percent to 1.475 billion metric tons, up from 2.9 percent in the association's short range outlook published back ...
Tags: Steel Demand, Steel Industry
Russia's President Vladimir Putin warned world leaders at the G20 Summit that economic risks remained. "Our main task is returning the global economy towards steady and balanced growth. This task has unfortunately not been resolved. ...
Tags: Economic Crisis, economy
Important decisions on financial policy are due in the USA in the coming weeks. Without the consent of the Republican majority in the House of Representatives, the government can neither determine the budget for the coming fiscal year, ...
Emerging East Asian economies risk slower growth after they failed to take advantage of ample cash supply made available by global monetary authorities to build roads and ports, the Asian Development Bank said. Funding infrastructure ...
Tags: Emerging Markets, ADB
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
For the last decade, it has been of utmost interest for buyers and sellers in the global textile industry to know where the goods are coming from — that is, where they are produced. The reasons for that are well-known; sustainability ...
Tags: Textile
Microsoft on Thursday took an unexpected $900 million charge to account for what it called "inventory adjustments" for the Surface RT, the poor-selling tablet that debuted last year. Later on in the day, Microsoft held a conference call ...
Tags: Microsoft, Computer Products, software
Wall Street played its own version of war games on Thursday, testing its defences against simulated cyber-attacks bent on taking down US stock exchanges. A total of 500 people took part in the exercise, called Quantum Dawn 2, in offices ...
Tags: Wall Street, Computer Products
Today, the Centre for European Economic Research (ZEW) in Mannheim and the Fudan University in Shanghai publish the results of the first "China Economic Panel" (CEP). CEP is a panel of experts focused on China. It serves to investigate the ...
Osram Licht AG formally splits from Siemens to become a pure-play lighting company with 80% of the shares initially owned by current Siemens shareholders. Osram Licht AG announced on Friday, July 5, 2013 that its spinoff from Siemens was ...
THE Australian dollar is higher after a comment from Reserve Bank governor Glenn Stevens that caused the local currency to fall to a three-year low was dismissed as a lighthearted remark. At 5pm today, the local unit was trading at 91.06 ...
THE dollar received a fillip yesterday after a top Reserve Bank official said financial markets had misinterpreted comments by governor Glenn Stevens that seemed to indicate another rate cut was imminent. Philip Lowe, deputy governor of ...
Tags: economy, market, financial market
New business volume grew 16.4% in the equipment finance industry in 2012, according to the 2013 Survey of Equipment Finance Activity (SEFA) released by the Equipment Leasing and Finance Association. The growth in volume was on par with the ...
Tags: economy
THE Dow Jones average slid Friday, capping a quarter marked by heightened volatility as investors positioned themselves for an era of less Federal Reserve support for financial markets. The Dow Jones Industrial Average fell 114.89 points, ...
Tags: economy
World GDP growth stabilized during the first quarter of 2013 at a moderate rate. In particular, in the advanced economies the situation improved with financial stress being further reduced and stock prices rising. The acceleration of ...
Tags: GDP growth, financial stress, Euro Area, emerging economies