Economy
Economy
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Quintain Combined Sales in Q1 of This Year,Increasing by 11.7% From a Quarter Ago
Apr 16, 2013Quintain Steel, one of the major wire product manufacturers in Taiwan, has announced its combined sales totaled NT$1.656 billion in the first quarter of this year, increasing by 11.7% from a quarter ago. The company has also calculated its ...
Tags: Quintain Steel, Steel
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China's Railway Corp Extends Its Total Investment on Railway in Q1 of 2013
Apr 16, 2013It is reported that China’s Railway Corp announced to extend its total investment of US$8.8 billion on railway in first quarter of 2013. Meanwhile, the company will try to focus on the renovation, deviating from its concentration on ...
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China's National Development and Reform Commission Will Not Adjust The Regulated Prices
Apr 15, 2013China's National Development and Reform Commission will not adjust the regulated prices of gasoline and diesel in what would have been the first such exercise following the new pricing mechanism introduced late last month, the NDRC said ...
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China's March Synthetic Rubber Imports Rise on Month
Apr 15, 2013China imported 147,733 mt of synthetic rubber in March, up 44% from the 102,368 mt imported in February and up 10% from 134,590 mt imported in March 2012, preliminary data released Wednesday by the General Administration of Customs showed. ...
Tags: Synthetic Rubber, Chemicals
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Taiwan's Exports Values of Iron and Steel and Articles Made in March,up by 0.9% Y-O-Y
Apr 15, 2013Taiwan’s exports values of iron and steel and articles made from iron and steel totaled US$1.65 billion in March, up by 0.9% year on year and soaring by 49.5% from a month ago, according to data release by the Taiwanese Ministry of ...
Tags: Steel Export, Steel
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Industrial Pump Purchases in China Will Rise From $7.4 Billion This Year
Apr 14, 2013Industrial pump purchases in China will rise from $7.4 billion this year to over $8 billion in 2014 for an increase of eight percent. This is the latest forecast in Pumps World Markets published by the McIlvaine Company. Municipal water ...
Tags: Pump, Processing Machinery
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Australian Shares Rose High as China's Import Data Helped US Shares to Record Highs
Apr 12, 2013AUSTRALIAN shares rose to a two-week high yesterday as China's strong March import data helped US shares to record highs, and after minutes of a Federal Reserve meeting did little to change the belief that it is committed to supporting the ...
Tags: economy
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Sharemarket Enjoyed a Bumper Day, Closing Almost 1.5% Higher on Positive Overseas Leads
Apr 11, 2013THE sharemarket enjoyed a bumper day, closing almost 1.5 per cent higher on positive overseas leads. the close today, the benchmark S&P/ASX200 index was up 71.3 points, or 1.45 per cent, at 4976.8 points. The broader All Ordinaries ...
Tags: economy
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Dollar Backs Above $US1.04 as Weakness in Greenback and Softer Chinese Inflation Figures
Apr 11, 2013THE dollar is back above $US1.04, thanks to weakness in the greenback and softer Chinese inflation figures. At 5pm AEST, the Aussie was at $US1.0424, up from $US1.0379 yesterday. Rochford Capital senior consultant Richard Breen said ...
Tags: economy
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BHP Billiton, Rio Tinto and Woodside Petroleum Jumped After Commodities Rose
Apr 11, 2013BHP Billiton, Rio Tinto and Woodside Petroleum jumped between 1.4 per cent and 3.5 per cent after commodities including copper, oil and iron ore rose between 0.6 per cent and 1.3 per cent early yesterday. Among iron ore pure plays, ...
Tags: economy
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Aussie Rallied Against The Greenback to Its Highest Level
Apr 11, 2013The Aussie rallied against the greenback to its highest level in 2 1/2 months on the back of data that showed solid growth in exports to China, the country's largest trading partner, over the past year. China posted a trade deficit of ...
Tags: Dollar, Exports to China
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CSC Is Going to Announce Its List Prices for Ef Al-Killed Wire Rods for May
Apr 11, 2013China Steel Corp. (CSC), the largest carbon steelmaker in Taiwan is going to announce its list prices for electric furnace (EF) Al-killed wire rods for May. Market participants predicted that CSC might leave its list prices for EF ...
Tags: CSC, Steel, steelmaker
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Korea's Posco Planned to Decrease Export Prices by US$10~US$20/Ton for CRC to China
Apr 11, 2013It is reported that Korea’s Posco planned to decrease export prices by US$10~US$20/ton for cold rolled coil to China for May shipments compared with contracted prices for the previous month. However, the company has not public ...
Tags: CRC Export Prices, CRC Export
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Baosteel's Crude Stainless Steel Output Lower Than The Average Monthly Output in 2012
Apr 11, 2013It’s reported that the Chinese steelmaker Baosteel’s crude stainless steel output was at around 100,000 tons in this March, lower than the average monthly output of 115,000~120,000 tons in 2012, due to weak demand. The ...
Tags: Chinese Baosteel, Stainless Output
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In March, The Consumer Price Index (CPI) Went up by 2.1 Percent Year-on-Year
Apr 11, 2013In March, the consumer price index (CPI) went up by 2.1 percent year-on-year. The prices grew by 2.0 percent in cities and 2.2 percent in rural areas. The food prices went up by 2.7 percent, while the non-food prices increased by 1.8 ...
Tags: Consumer Prices, CPI
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