Taiwan must take steps to make itself competitive with South Korea, Morris Chang, CEO of TSMC, told a meeting in Taiwan reported by the Focus Taiwan news channel. Taiwan should tax the rich more, said Chang, pointing out that the average ...
Tags: Taiwan, South Korea, economy
The data that the Office of Natural Resources and Energy of Japan's Ministry of Economy announced on January 9 show that on January 7, the average retail price of regular gasoline in Japan rose 148.80 yen / liter, compared to last week ...
Tags: Yen Devaluation, Gasoline, Gasoline Price, kerosene
In accordance with the accounting procedures of the gross domestic product (GDP), according to the 2011 Statistical Yearbook and departmental accounting, financial accounts data, on the basis of the preliminary verification, the NBS made ...
Tags: China, GDP, bulletin, National Bureau of Statistics of China
In December 2012, Producer Price Index (PPI) for manufactured goods decreased 1.9 percent, year-on-year, and 0.1 percent decrease month-on-month. The purchasing price index for manufactured goods went down by 2.4 percent year-on-year, and ...
In December, the consumer price index (CPI) went up by 2.5 percent year-on-year. The prices grew by 2.5 percent in cities and 2.5 percent in rural areas. The food prices went up by 4.2 percent, while the non-food prices ...
Tags: CPI, China, December 2012, National Bureau of Statistics of China
The Australian dollar was almost half a US cent lower after investors sold off the currency on Friday night in response to Chinese inflation figures. At 6.30am AEDT the Australian dollar was trading at 105.39 US cents, down from 105.82 US ...
Tags: Australian Dollar, Chinese inflation figures, currency, economy
In a speech to be delivered today in Hong Kong, the Treasurer says he is due to hold further talks with Hong Kong financial secretary John Tsang this week in a bid to increase yuan investment and trade with Australia. The negotiations to ...
Tags: Hong Kong, Treasurer, finance, global trade payments
According to Zhang Xiaoqiang, the vice chairman of the National Development and Reform Commission (NDRC), cited by Xinhua, China's economy grew at a 7.7 percent rate in 2012, exceeding the 7.5 percent target set early last year. Quoting ...
Tags: NDRC, China's economy, CPI
The Australian sharemarket rose yesterday as China's stronger-than-expected trade data fuelled hopes of an economic rebound for Australia's biggest trading partner. Fortescue Metals added 2.3 per cent after China reported a $US31.6 ...
Tags: sharemarket, China, trade data, stocks
It was assessed by SunSirs that in the tracked 100 spot commodities,33 commodities increased in prices, 18 fell and 48 remained unchanged on 09/01/2013.The largest rises were Propylene oxide (1.88%),Hydrofluoric acid (1.73%),Ethylene glycol ...
Tags: Spot Commodities Price, Spot Commodities, Propylene oxide
In 2012, China exported 55.73 million mt of finished steel, up 14 percent year on year, as announced by the Chinese customs authorities on January 10. During the same period, China imported 740 million mt of iron ore, increasing by 8.4 ...
Tags: exports, finished steel, steel, finished steel exports
Australian businesses are increasingly settling their Chinese trade with the local currency rather than US dollars, as the world's second-biggest economy and Australia's biggest trading partner seeks to boost the yuan's global clout. ...
Tags: Australian businesses, Chinese trade, local currency, US dollars
China's Manufacturing Purchasing Managers Index (PMI) (2012.12) National Bureau of Statistics of China Notes: 1. Explanatory Notes: Purchasing Managers Index (PMI) is an index summarized and compiled through the results of the ...
Tags: China, Manufacturing, PMI, 2012
According to data released by China’s Customs, China exported 294,388 tons of welded steel pipes in November, rising by 28% from a month ago. Among them, the exports of line pipes totaled 139,555 tons, jumping by 55.2% from ...
Tags: China, welded steel pipes, export, Chinese economy
Cargill said an increased customer-focus and more disciplined approach to cost control are paying off as the group booked a jump in first-half earnings. The company today (9 January) said earnings rose to US$1.38bn in the six months to ...
Tags: Cargill, earnings, food ingredients, applications booking earnings