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Optical Comms: a New Investment Cycle?
Nov 5, 2015Whisper it softly, but, ten years since the telecom bubble burst, we may be about to witness another boom in sales of optical components for communications infrastructure. Analysts at Lightcounting, which specializes in forecasting the ...
Tags: photonic devices, telecom, datacom systems
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Sany Eyes More Deals in Emerging Markets
Jan 2, 2015Sany Heavy Industry Co Ltd is planning to increase investments in emerging markets like Venezuela, as the heavy machinery maker seeks ways to sustain growth amid tough market conditions at home. The company said on Thursday that its auto ...
Tags: Heavy Industry, Emerging Markets
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China Faces Pressure as Imp.Drop,Exp Slow
Dec 8, 2014China'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
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Chinese Steelmakers Eyes on Overseas Markets
Nov 10, 2014Although dwindling domestic demand and excess capacity have shrunk profit margins for most Chinese steelmakers, it has inspired some to tap overseas markets for sustained, long-term growth. Hebei Iron &Steel Co, China's second-largest ...
Tags: Chinese Steelmakers, Iron, Steel
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China Is Not Planning Any New Stimulus Measures
Aug 15, 2014BEIJING (AP) — China’s finance minister said Wednesday that the country is not planning any new stimulus measures and it is up to the United States to drive the global economy. Lou Jiwei said that leaders are satisfied with ...
Tags: China, Electrical, Electronics
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China Auto Market Is Expected to Maintain Strong Growth in 2014
Jan 14, 2014China auto market will likely sustain another strong growth in 2014, helped by an anticipated array of economic stimulus measures and robust demand for cars in smaller cities of China's interior regions, according to industry executives ...
Tags: Auto Market, Strong Growth
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Bonus Depreciation Has Expired at The End of 2013
Jan 7, 2014By Steve Doherty Director of National Accounts Accruit LLC and Jeff Nelson Managing Tax Director PricewaterhouseCoopers LLP With bonus depreciation having expired at the end of 2013, many trucking companies are staring down the ...
Tags: bonus depreciation, tax, trucking company
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Daimler AG Once Again Achieved Significantly Higher Earnings Than in The Prior-Year Period
Oct 29, 2013In the third quarter of 2013, Daimler AG once again achieved significantly higher earnings than in the prior-year period. The Daimler Group's EBIT for the period of July through September amounted to €2,231 million (Q3 2012: 1,923 ...
Tags: Daimler AG, Mercedes-Benz Cars
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Government Has an Important Role to Play in Establishing Natural Gas
Oct 9, 2013Government has an important role to play in establishing natural gas as a viable transportation fuel, including resisting the urge to slap a road tax on the clean-burning fuel. Jamie Milner, vice-president, market development and customer ...
Tags: Natural Gas, Gas
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Kasuga Chose Taiwan Over China on The Advice of Jackson Wong
Sep 11, 2013When machine-tool maker Kasuga Co. of Japan decided to open its first overseas workshop around one year ago, it chose Taiwan over China on the advice of Jackson Wong, a Hong Kong citizen operating for more than 10 years as machine trader ...
Tags: Machine Tool
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Australian Dollar Sank Below US90 Cents Overnight for The First Time Since September 2010
Aug 2, 2013THE Australian dollar sank below US90 cents overnight for the first time since September 2010, as good US economic data and a Federal Reserve announcement provided mixed messages for currency investors. At 7am AEST on Thursday, the local ...
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Australian Dollar Was Half a US Cent Lower After Wall Street Stocks Lost Ground
Jul 31, 2013The Australian dollar was half a US cent lower after Wall Street stocks lost ground ahead of the US Federal Reserve meeting later in the week. At 6.30am AEST the local unit was trading at 92.00 US cents, down from 92.45 cents at ...
Tags: Australian Dollar, Service
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Australian Share Market Has Closed Slightly Lower
Jul 19, 2013THE Australian share market has closed slightly lower as investors wait for an update on economic stimulus measures in the US from that country's top central banker. A strong production report from BHP Billiton boosted sentiment in the ...
Tags: share market, economy
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Australia's Tumbling Currency Would Push up Inflation Over Time Fuelled a Sharp Rise
Jul 18, 2013A COMMENT by the Reserve Bank of Australia that Australia's tumbling currency would push up inflation over time fuelled a sharp rise by the Aussie in Asia today. In minutes of its July 2 policy meeting, the Reserve Bank of Australia said ...
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Australian Dollar Rose After Tapering of Economic Stimulus Was Not on a Pre-Set Course
Jul 18, 2013The Australian dollar rose after US Federal Reserve chairman Ben Bernanke said the tapering of economic stimulus was not on a pre-set course. At 7am AEST the local unit was trading at 92.37 US cents, up from 92.08 cents at ...