Under the continued prudent monetary policy, China will use monetary instruments pragmatically and maintain moderate liquidity to achieve reasonable growth in loans and private financing, the central bank said on Wednesday. After the ...
Diamantaires were happy to see the back of 2014. After all, it was a tough year in which polished diamond prices declined, accelerating the general downtrend evident since mid-2011. Therefore, there is understandably some uncertainty about ...
The Prime Minster of Egypt, Ibrahim Mehleb, recently held meetings to discuss the issues of the cotton and textile industry, and announced that the Egyptian Government has decided to support the revival of the textile sector, Daily News ...
Tags: Cotton Textile, textile industry, Textile
The People's Bank of China, the central bank, will change rules on how it calculates the loan-to-deposit ratios of banks from next year, a move that is expected to make available more funds for lending. The central bank will expand the ...
Tags: Deposit Calculation Rules, POB
The reduction of bank credit available to the diamond industry is a game changer that will influence the market for many years to come. Therefore, this column has chosen bank credit as its most important story of 2014, rising above other ...
Tags: diamond industry, diamond market
GT Advanced Technologies has announced that following the bankruptcy court's recent approval of its settlement agreement with Apple, GT is now pursuing ASF furnace opportunities for sapphire cover glass applications across the broader ...
With falling home prices and slowing growth, Beijing already has plenty on its plate. Such challenges are now fueling concerns about how the current Russian currency turmoil will impact the world’s second largest economy, and ...
Tags: Currency Depreciation, home prices, rubble
For its fiscal third quarter ended November 1, 2014, net loss at The Wet Seal, a leading specialty retailer to young women nearly tripled from the year ago quarter. In the third quarter of 2014 net loss nearly tripled to $36.0 million or ...
In the past two weeks, China's stock market, long the subject of neglect, became a public focus, indicating the likely arrival of a bull market period. From Nov. 24 to Dec.5, 2014, the Shanghai and Shenzhen composite indexes rose by 18.13 ...
Tags: Stock Market, bull market
Posted in Medical Device Business by Nancy Crotti on December 12, 2014 A federal judge has warned C.R. Bard Inc. (BCR) to settle outstanding pelvic mesh lawsuits or face billions of dollars in jury awards to plaintiffs, according to a ...
Tags: mesh lawsuits, plaintiffs, Health
The Cotton Corporation of India (CCI) is actively procuring raw cotton from farmers at minimum support price (MSP) and it has procured approximately 13 lakh bales by November-end at various centres in Andhra Pradesh, Maharashtra and ...
Tags: Raw Cotton, Cotton
China's imports shrank unexpectedly in November while export growth slowed, fuelling concerns that the world's second-largest economy could be facing a sharper slowdown and adding pressure on policymakers to ramp up stimulus measures. ...
Tags: export growth, economy
This was supposed to be the diamond decade. Back in 2010, De Beers executives were touting that the coming 10 years would bring unprecedented demand and growth to the industry. Almost halfway through, it feels anything but, especially for ...
Tags: Diamond Decade, diamond dealers
Tilly’s, Inc. reported third-quarter earnings slid 16.4 percent to $5.1 million, or 18 cents per share as selling, general and administrative costs grew 15.4 percent, or more than twice as fast as net sales, which grew 6.1 percent. ...
Tags: Tilly, Expenses, Sales, Sporting Goods
Believe it or not, the fourth quarter is traditionally a slow period for the diamond trade. That may be a stark realization for some, especially on the eve of Thanksgiving weekend that signals the start of the Christmas shopping season. ...
Tags: diamond trade, Arts