Asia
Asia
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Net Profit After Tax of RS. 52 Crores for Previous Quarter Ended on 31st December 2011
Jan 31, 2013Arvind Limited, one of the largest integrated textile and branded apparel players, recorded Revenue growth of 16% to Rs. 1405 crores and Net Profit After Tax growth of 46% to Rs. 75 crores for the quarter ended on 31 December, 2012 as ...
Tags: denim maker, textile, apparel
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Business Judgment Increased After 8 Months for the First Time
Jan 31, 2013On January 23, Japan routine economic report showed that Japan business judgment remained the trend of weak, while added the expression of describe. Overall, it increased the business judgment for the January, which was the first time to ...
Tags: Business Judgment, Japan, economic report
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POSCO's Net Profit for The Full Year 2012 Stood at KRW 2.38 Trillion,Down 35.8 Percent
Jan 30, 2013South Korean steelmaker Pohang Iron and Steel Co. (POSCO) has announced that in the fourth quarter of 2012 its net profit decreased by 45 percent to KRW 561 billion ($518 million), compared to the same quarter of the previous year. The ...
Tags: steelmaker, net profit, steel industry
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SDI Reported That Q4 2012 Net Income More Than Doubled Earnings,But Full-Year Income Drop
Jan 30, 2013Fort Wayne, Indiana-based Steel Dynamics, Inc. (SDI) reported late Monday that Q4 2012 net income of $61 million on net sales of $1.7 billion more than doubled earnings of $30 million on sales of $1.9 billion in Q4 2011. Q4 earnings were ...
Tags: steel mill, Earnings, income
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Australian Dollar Fell to Lowest Level Amid an Improved Outlook for European Economies
Jan 30, 2013The Australian dollar fell overnight to its lowest level in almost a month amid an improved outlook for European economies. It had rebounded to be 104.09 US cents at 6.30am AEDT but is still down from 104.49 US cents on Friday, before the ...
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Borusan Mannesmann Said That It Has Halted Production at Its Spirally Welded Pipe Facility
Jan 30, 2013Turkey's leading pipe producer Borusan Mannesmann has announced that it has halted production at its spirally welded pipe facility in the northwestern Turkish city of Kocaeli as of January, as a result of the Sekapark and urban ...
Tags: spirally welded pipe facility, spirally welded pipe, welded pipe
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Turkey's Slab Imports Rose on Month-on-Month Basis for The Third Consecutive Month
Jan 30, 2013According to the customs statistics provided by the Turkish Statistical Institute (TUIK), Turkey's slab imports reached 165,210 metric tons in November last year, up 7.5 percent compared to the previous month, hitting the highest monthly ...
Tags: slab imports, slab, slab industry
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New Construction Starts Rose 23% in Dec to a Seasonally Adjusted AR of $530.0 Billion
Jan 30, 2013New construction starts rose 23 percent in December to a seasonally adjusted annual rate of $530.0 billion, according to the latest report from McGraw-Hill Construction, a division of The McGraw-Hill Companies. Specifically, December saw ...
Tags: Construction, nonresidential building, manufacturing plant
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RBI Decided to Reduce The Repo Rate by 25 Basis Points and Crr by 25 Basis Points
Jan 30, 2013RBI Governor Dr. D.Subba Rao released the Third-Quarter Monetary Policy 2012-2013 announcing the RBI decision to reduce the Repo Rate (Short-term lending to banks) by 25 basis points from 8.00% to 7.75% and also Cash Reserve Ratio (CRR) ...
Tags: TEA, RBI, Tirupur knitwear
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The Industrial Profits of Enterprises Above Designated Size Achieved 5,557.8bn Yuan
Jan 29, 2013In 2012, the industrial profits of enterprises above designated size achieved 5,557.8 billion yuan, a year-on-year increase of 5.3 percent. In December, the industrial profits of enterprises above designated size achieved 895.2 billion ...
Tags: Industrial Profits, 2012, Industry
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Weaker Yen Helped Japanese Stocks Push Past 11,000 for The First Time
Jan 29, 2013A weaker yen helped Japanese stocks push past 11,000 for the first time since April 2010 early today, while the South Korean market was weighed by a decline in Samsung Electronics. The US dollar strengthened against the yen early today, ...
Tags: yen, Japanese stocks, Samsung Electronics
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The Chinese Industrial Companies Profits Surged by 17.3% Year on Year
Jan 29, 2013Reportedly, the Chinese industrial companies’ profits surged by 17.3% year on year to RMB 895.2 billion in December 2012, according to data released by the National Bureau of Statistics (NBS). In 2012, the Chinese industrial ...
Tags: industrial companies, China, China economy
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Japan: The 2012 Consumer Price Index Fall for 4 Years
Jan 28, 2013The consumer price index was 99.4 in December in Japan, down 0.2% compared with the last year, continued decline for 2 months. The reduction increased 0.1%. From various types of commodities, entertainment services price index fell 1.6% ...
Tags: Consumer Price Index, Japan, Composite Consumer Price Index
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Korea's Steel Pipe Outputs and Exports Hit The New History Highs in 2012
Jan 28, 2013It’s reported that Korea’s steel pipe outputs and exports hit the new history highs in 2012. According to statistics released by the Korea Iron & Steel Association (KOSA), the country’s production of steel pipes ...
Tags: steel pipe output, steel pipe, steel pipes, drilling pipes
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South Korean CR Steelmakers Planned to Raise The Prices for Coated Steel Sheets From Feb
Jan 28, 2013It’s reported that the South Korean cold rolled (CR) steelmakers planned to raise the prices for coated steel sheets for construction by KRW100, 000/ton from February in order to reflect higher input costs. It’s known that ...
Tags: steelmakers, steel plates, cold rolled
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