China unveiled its economic growth target for 2015 Thursday, putting an end to months of speculation.[Special coverage] The target, as expected, was lowered to "around 7 percent," a level not seen since 2004 and 0.5 percentage points ...
Tags: Consumer Electronics, Growth
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 ...
The imports of textiles and clothing by South Korea crossed the US$ 14 billion mark last year, narrowing the industry’s surplus further. In 2014, South Korea’s textile and clothing exports grew by 8.4 per cent year-on-year ...
Tags: Textile, Clothing Imports
China's cross-border capital flows will remain volatile this year amid uncertainties both at home and abroad, the country's forex regulator said on Sunday. As China gradually moves to make its foreign exchange mechanism more ...
China's machinery industry continued to expand in 2014 but at a softer pace due to sluggish domestic demands and piling inventories, new data showed on Wednesday. The added value of the sector increased 10 percent year on year in the last ...
According to a report by medical industry experts that insurance costs has been going up due to the rising medical costs and an aging population while insurance funds continue to be saddled by the slowdown in the economy. The government ...
Tags: Health Insurance, medical industry
The U.S. trade deficit in December jumped to the highest level in more than two years as exports fell and Americans bought a record amount of imports — a potentially worrisome development that could weigh on overall economic growth. ...
Tags: Trade Deficit
Telecom Minister Ravi Shankar Prasad urged U.S. technology companies to invest in India to boost the local electronics manufacturing industry, The Hindu Business Line reported. U.S. President Barack Obama arrived here for the second time. ...
Arla Foods is integrating its markets in China and South East Asia in a new regional market called Business Unit Asia. The regional office will be placed in Kuala Lumpur, Malaysia, as of March 1st 2015. Asia is vital to Arla's ambitions ...
Tags: dairy export, Agriculture
Japanese business leaders once again are touting “made in Japan” labels, promising to return production from overseas to take advantage of the yen’s sharp drop, which has reduced the once sky-high cost of manufacturing ...
Tags: labels, trade deficit, exports, Electrical
Nestle, Swiss food giant, is going to invest about 1 billion Egyptian pounds ($137.93 million) in Egypt in the next few years. Its North East Africa Region CEO said the kind of investments they have made over the last three to four years ...
Tags: Nestle, food giant
The U.S. trade deficit fell to an 11-month low in November as declining crude oil prices curbed the import bill, prompting economists to sharply raise their growth estimates for fourth-quarter growth. Yet big moves also create the ...
Tags: Trade Deficit, America economy
The World Diamond Conference that took place last week in New Delhi, India, created a buzz in the industry that, frankly, needed a bit of a pick-up considering the state of the market. It not often that two heads of state attend a diamond ...
Tags: Diamond Trade, Arts
Economists are calling for more proactive fiscal policies to counter the deepening slowdown in growth, as China's annual Central Economic Work Conference is set to start on Tuesday. The meeting, usually held in early December, sets the ...
The Indian economy is showing signs of a turnaround, according to the Organisation for Economic Co-operation and Development (OECD). However, new reforms, some of which are introduced by Prime Minister Narendra Modi, need to be implemented ...
Tags: Indian economy, Textile