The global LED production equipment market will rise at a compound annual growth rate (CAGR) of more than 5% to $1.5bn in 2019, forecasts a report by analysts at Technavio. Demand for LED production equipment is currently being heavily ...
Tags: LEDs, LED Production
Internet company Tencent on Monday reported record user participation in sending and receiving gift money on the eve of Spring Festival via its messaging platform. The number of digital "red envelopes" with gift money sent and received ...
Tags: Online Money Giving, Tencent
The world's stock markets are spiralling downwards. The U.S. equity market fell 10 percent last month. Investor terminology calls this a "correction" not a crash. But prospects don't look good. Big investors, banks and financial ...
Tags: Economic Crisis, investment banks
Taiwan-based makers in the iPhone supply chain must have been aware that sales of iPhone 6s and 6s Plus have gradually lost their momentum, meaning Apple's orders for iPhones and related parts and components are going to decline in the ...
Tags: iPhone, iPod, Apple Watch
China's central bank on Tuesday pumped the biggest amount of funds since September into the financial system in open market operations in an effort to ease a liquidity strain. The People's Bank of China (PBOC) conducted seven-day reverse ...
Oil prices have been raised in Saudi Arabia. At the same time, the Saudi cabinet has also added tariffs on electricity, water and sanitation services. Saudi officials have approved a national budget for the coming year with a deficit of ...
Tags: Saudi Cabinet, Oil Prices, Service Tariffs
The International Monetary Fund (IMF) on Tuesday raised alarm of Djibouti's continuing public debt and budgetary deficit. "Expenses relating to public investments have exerted considerable pressure on the budget and external debt," IMF ...
Tags: IMF, Public Debt, Budgetary Deficit
Crude prices have gone down nearly 30 percent this year, and analysts expect oil prices to remain low for even longer. Boon for consumers Lower oil prices are generally good for US consumers and the economy, said Jason Bordoff, ...
Tags: Oil Prices, Crude Oil
Japan's Cabinet has approved a record-high military budget for fiscal 2016. The 5 trillion yen, or 42 billion U.S. dollar plan marks the fourth consecutive year that Japan has increased its defense budget. This is the first defense ...
China's latest efforts to stimulate its economy by deepening structural reform will produce rich "dividends" shared within China's borders and across the world. While the effectiveness of traditional demand-side policy support lessens, ...
Tags: Structural Reform, PRO-growth
China's economy has entered a "new normal" and those fretting over disappointing data in traditional sectors, will have to adapt. The structure of China's economy has changed and traditional measurements, including GDP growth and ...
Tags: economy, new Normal
The global notebook market will face more uncertainty in 2016 as Xiaomi Technology and Huawei will debut in the mature market, and Samsung Electronics has also renewed its interest in it, according to industry sources. As the global ...
Tags: notebook market, Xiaomi, smartphones
he Bank of Japan (BOJ) announced on Friday it would expand the size of its asset purchasing program while maintaining the same size of the monetary base, in a bid to drive wages higher and boost business spending, two mainstays of the ...
Tags: Bank of Japan Unveils, Increase Wages, Business Spending
China Vanke Co. Ltd unexpectedly suspended trading on Friday afternoon, saying that it's planning to issue new shares for capital restructuring and assets acquisition, according to a statement on the Shenzhen Stock Exchange. The statement ...
After a decade of negotiations, China and Australia will begin to implement a Free Trade Agreement on Sunday. Significant benefits to both economies are expected. Under the Free Trade Agreement, or FTA, nearly 86 percent of the two ...
Tags: FTA, China-Australia