Asia Economy news, Markets and Business Trends - Made-in-China.com

Share Market Weakened Slightly Before Upcoming Events

Feb 19, 2013

The share market weakened slightly before upcoming events including the release of European and US economic data, the weekend meeting of G20 finance ministers and central bankers in Moscow, and Italian elections the following weekend. ...

Tags: share market, economic data, G20 finance ministers

Sharp Rise in Consumer Confidence Fuelled a Strong Bounce by The Dollar

Feb 19, 2013

A sharp rise in consumer confidence in February fuelled a strong bounce by the dollar yesterday. At 5pm AEDT, the currency was trading at $1.0339, up US0.84c, after touching an intraday high of $US1.0361. A survey published by Westpac ...

Tags: currency, dollar, finance

LG Display's Net Profit of 300 Million Dollars in Fourth Quarter

Feb 18, 2013

LG Display announced the earnings of the fourth quarter in December 31 2012. The report showed that due to the decline in demand for Apple iPad and appreciation of the won, LG Display’s quarter net profit of 319.7 billion won ...

Tags: LG Display, Net Profit, LG

Panasonic's Net Profit of 660 Million Dollars in Third Quarter

Feb 18, 2013

Panasonic’s net profit of 61 billion yen (about 662 million dollars) in the third quarter of December 31, while at the same time last year the net loss of 198 billion yen. Analysts had expected the net loss of 17 billion yen on ...

Tags: Panasonic, Net Profit, operating profit

In January, The Consumer Price Index (CPI) Went up by 2.0 Percent Year-on-Year

Feb 18, 2013

In January, the consumer price index (CPI) went up by 2.0 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 2.9 percent, while the non-food prices increased by 1.6 ...

Tags: Consumer Prices, China, January

Turkey's Output of Finished Steel Products in 2012 Rises by 7.3% Year on Year

Feb 18, 2013

According to data released by the Turkish Iron and Steel Producers' Association (DCUD), Turkey’s output of finished steel products totaled 34.30 million tons in 2012, rising by 7.3% year on year. Among them, 25.20 million tons ...

Tags: finished steel production, finished steel, steel production

ArcelorMittal Europe Has Reported The Operation Outcome for Q4 and Full Year of 2012

Feb 18, 2013

ArcelorMittal Flat Carbon Europe has reported the operation outcome for the fourth quarter and full year of 2012. The steel giant’s Flat Carbon Europe posted operating loss of 2,212 million Euro for the fourth quarter of 2012, ...

Tags: Flat Carbon, steel giant, steel demand

Japan's Exports of Stainless Steel Flat Products in Last Dec,Falling by 10.2%

Feb 18, 2013

According to statistics release by the Ministry of Finance, Japan’s exports of stainless steel flat products totaled 59,209 tons in last December, falling by 10.2% from a month ago while rising by 8.1% year on year. In 2012, the ...

Tags: stainless steel flats, stainless steel, Steel

The Average Steel Prices in China Rose by 0.2% From a Week Ago

Feb 18, 2013

According to statistics released by China’s Ministry of Commerce (MOC), the average steel prices in China rose by 0.2% from a week ago during January 28th through February 3rd. Among them, the prices of high-speed wire rods with ...

Tags: steel, steel price, steel plates

NSSC Raises Its List Prices for Austenitic CRC by 10,000 Yuan/Ton for February Contracts

Feb 18, 2013

It is reported that Nippon Steel & Sumikin Stainless (NSSC), the largest stainless steel producer in Japan announced to raise its list prices for austenitic cold rolled coils (CRC) by 10,000 yuan/ton for February contracts due to weak yen ...

Tags: stainless, NSSC, chrome

That Korea's H Beam Imports From China Surged Substantially

Feb 18, 2013

It’s reported that Korea’s H beam imports from China surged substantially. According to statistics, Korea imported 83,696 tons of H beams in January, jumping by 94.8% from a month ago. Among them, 77,835 tons were from ...

Tags: H beam imports, H beam, steel

SONY Has Reported Its Eight Straight Quarter in The Red

Feb 18, 2013

SONY has reported its eight straight quarter in the red but says it remains on track to achieve its forecast of a full-year profit. But the results, released after reports that Sony will this month announce the late 2013 launch of its ...

Tags: Sony, Sales, profit

1/3 of Computers Sold Worldwide in The Fourth Quarter of 2012 Was a Tablet

Feb 18, 2013

1/3 of computers sold worldwide in the fourth quarter of 2012 was a tablet, according to a survey. The research firm Canalys said that with PCs and tablets combined, the market grew 12 per cent year-on-year in the last three months of ...

Tags: computer sales, PCs, tablets

Sales and Profits Increased in 2012 at Flavours Groups Givaudan and Sensient Technologies

Feb 18, 2013

Sales and profits increased in 2012 at flavours groups Givaudan and Sensient Technologies, although rival IFF saw earnings fall. Givaudan's net income jumped from CHF252m (US$274.5m) in 2011 to CHF411 in 2012 amid higher sales. Revenue ...

Tags: Sales, profits, Flavors, Fragrances

In January 2013, Producer Price Index for Manufactured Goods Decreased 1.6 Percent

Feb 16, 2013

In January 2013, Producer Price Index (PPI) for manufactured goods decreased 1.6 percent, year-on-year, and 0.2 percent increase month-on-month. The purchasing price index for manufactured goods went down by 1.9 percent year-on-year, and ...

Tags: Producer Prices, Industrial Sector, China