Chinese imports and exports shrank again in May, the latest sign of sputtering growth in the world's second biggest economy that adds to pressure on Beijing to avoid a sharp slump. Customs data released Monday showed that exports ...
Tags: China Economy, China Trade
Chinese stocks and economic growth have long had little to do with each other. Between 2010 and early 2014, when China boasted the world's fastest-growing economy, its stockmarket was consistently among the world's worst performers. Since ...
Tags: Stockmarket, Economy
Small and medium-sized enterprises (SME) continue to face a myriad of challenges in the current business environment, and this is unlikely to change in the near future. Disruptive technologies and innovation are accelerating the need for ...
The State Bank of Pakistan (SBP) slashed key interest rate to a record low of 7 per cent at the weekend, laying a foundation for implementing growth-oriented economic policies in the country, the country’s media has reported. ...
Industrial restructuring, growth in services good indicators of improving conditions, say experts Positive signs have started to emerge in China's economy since the second quarter, suggesting deepened industrial restructuring amid rapid ...
Tags: Industrial restructuring, Positive signs, China's economy
Apparel Export Promotion Council chairman Virender Uppal has said there has been a vacuum in a policy support in the readymade garment (RMG) manufacturing export industry, according to a statement by AEPC. Uppal has requested the ...
Tags: Apparel Export, Apparel
More steps necessary to reverse trend, says government think tank China may need more time to reverse the current economic downturn than previously expected, and further measures are necessary to prevent an accelerated cooling, a leading ...
Tags: economic downturn, China economy
U.S. specialty jewelry store sales fell 5.4 percent year on year to $2.72 billion in February, according to government calculations. The sales decline was much more severe than preliminary totals for jewelry and watch sales across all ...
Tags: specialty jewelry, watch sales
Move is precursor to further liberalization of interest rate system An insurance system for bank deposits will start on May 1, a step toward scrapping remaining controls on interest rates and allowing lenders to fail in a more ...
Tags: Bank Deposit, Deposit Insurance
Earnings per share on a non-GAAP basis surged 23 per cent at apparel marketer PVH Corp which has brands like Calvin Klein and Tommy Hilfiger in its portfolio for the fourth quarter ended December 31, 2014. PVH said its fourth quarter ...
Tags: PVH Corp, Heritage brands business, Apparel
The Annual Conference of the Boao Forum for Asia held its first discussion session on Thursday afternoon. For the first time, issues of China's inclusive approach to international finance and rural banking were high on the official ...
Tags: Rural Banking, Boao's Agenda
At a seminar organised recently in Dhaka, experts recommended framing rules for making the Bangladesh textile industry environmental complaint due to the rise in demand for green products. The seminar titled ‘Legal and Regulatory ...
Tags: textile industry, green products
Volkswagen has announced that the company will be cutting a shift from its Russian plant in Kaluga, which will result in 150 job losses. The German automaker said, starting this April, the Kaluga car plant located in south of the capital ...
Tags: Volkswagen, Significant price, Auto Parts
As China walks the economic tightrope of balancing steady growth, facilitating restructuring and combating deflation risks, Zhou said there may be room for flexibility despite consistent championing of a prudent monetary policy. Policy ...
Tags: Central Bank, China's GDP
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