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Delphi Board Approves Delphi Technologies Spin-off
Nov 15, 2017Delphi Automotive's board has approved a new powertrain spin-off into a publicly traded company, Delphi Technologies. The record date will be as of the close of trading (New York City time) on Nov. 22, 2017, and the distribution date will ...
Tags: Delphi Automotive
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The Entertainer Enjoys Positive Christmas Sales
Jan 16, 2017The Entertainer has smashed sales during the Christmas 2016 trading period, the retailer has revealed. In the five weeks leading up to December 31st 2016, the company reported an increase in total sales of 13.5 per cent, with December ...
Tags: Entertainer, Cyprus
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RMB Weakens to 6.8972 Against USD Friday
Dec 9, 2016The central parity rate of the Chinese currency renminbi, or the yuan, weakened 241 basis points to 6.8972 against the U.S. dollar Friday, according to the China Foreign Exchange Trading System. In China's spot foreign exchange market, ...
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RMB Records Weakening Streak Against USD
Oct 13, 2016The central parity rate of the Chinese currency renminbi, or the yuan, weakened another 160 basis points to 6.7258 against the U.S. dollar Wednesday, according to the China Foreign Exchange Trade System (CFETS). It was the weakest level ...
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China's Yuan Further Weakens
Jul 19, 2016The Chinese currency renminbi, or the yuan, continued to weaken on Tuesday but analysts said more sharp depreciation is unlikely. The central parity rate of the yuan weakened 10 basis points to 6.6971 against the U.S. dollar, the weakest ...
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SemiLEDs' Revenue Falls 18% Quarter-on-Quarter, Down 47% Year-on-Year
Jul 16, 2016For fiscal third-quarter 2016 (to end-May), LED chip and component maker SemiLEDs Corp of Hsinchu, Taiwan has reported revenue of $2.38m (slightly below the expected $2.4-3m), down 18% on $2.92m last quarter and down 47% on $3.5m a year ...
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Chinese Shares Register Gains Friday on Strong Transportation Sector
Dec 28, 2015Chinese stocks posted gains on Friday as market sentiment was boosted by a strong transportation sector. The benchmark Shanghai Composite Index rose 0.43 percent to close at 3,627.91 points. The smaller Shenzhen index gained 0.37 percent ...
Tags: Shares, Transportation Sector
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Chinese Shares Continue Fall LED by Brokerages, Coal Industry
Dec 25, 2015Chinese stocks tumbled for the second straight session Thursday led by brokerages and the coal sector. The benchmark Shanghai Composite Index dropped 0.65 percent to close at 3,612.49 points. The Shenzhen index lost 0.58 percent to finish ...
Tags: Shares, Brokerages
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Chinese Shares Fall Despite Financial Bluechips Performing Well
Dec 24, 2015China's stocks closed lower on Wednesday despite financial heavyweights performing strongly. Shanghai lost 0.43 percent to end at 3,636.09 points. The smaller Shenzhen index dipped 1.0 percent, or 131.26 points, to close at 13,007.87 ...
Tags: Shares, Financial Bluechips
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RMB to Remain "Basically Stable" Against Basket of Currencies: Central Bank
Dec 16, 2015China's central bank said Monday the Chinese currency has the fundamentals to remain stable relative to a basket of currencies after a change on Friday in the way the renminbi's value is calculated. The fundamentals include a high ...
Tags: RMB, Central Bank
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China to Allocate 34 Million Barrels of Storage Space Along China's Eastern Coast
Jun 7, 2015Shanghai's International Energy Exchange or INE intends to allocate 34 million barrels of storage space along China's eastern coast to serve participants of the country's proposed crude oil futures contract, officials said at the Shanghai ...
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China's Stock Market Bull Run Might Continue
May 4, 2015After a booming year, the bull run of China's stock market is expected to continue, boosted by economic and financial reforms in addition to easing measures. China's stock market has soared over the past year, even as the world's second ...
Tags: Stock Market, financial reforms
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Traditional Chinese Medicine Maker Q1 Profits up
May 4, 2015Beijing Tongrentang (TRT) Co Ltd, a renowned traditional Chinese medicine maker, earned 239.74 million yuan ($39.17 million) in net profits in the first quarter of 2015, up 13.72 percent from the previous year. The company filed its ...
Tags: Medicine, Chinese Medicine
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CA Has Announced The Pricing of Its Offering of $55m of 6.00% Convertible Senior Notes
Feb 15, 2015Oclaro Inc of San Jose, CA, USA (which provides components, modules and subsystems for optical communications) has announced the pricing of its offering of $55m of 6.00% convertible senior notes due 2020. The notes will be offered and ...
Tags: components, modules, optical communications
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China Makes Effort to Stabilize Yuan Amid Depreciation
Feb 5, 2015China's central bank seems to have moved to stabilize the yuan despite mounting market sentiment that the currency has been toward the upper limit of its daily trading band for the past week. The reference rate the People's Bank of China ...
