Asia
Asia
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Most of The Traditional January or Boxing Day Sales Now Start Online Before Christmas
Dec 28, 2014Most of the traditional January or Boxing Day sales now start online before Christmas, even before you've had a chance to pull a cracker. Retailers are not obliged to give you a refund or an exchange if you simply decide you don??t want ...
Tags: Boxing Day, Christmas
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Chinese Yuan Rises to 6.1213 Against USD
Dec 25, 2014The value of the Chinese currency renminbi, or the yuan, strengthened by 34 basis points to 6.1213 against the U.S. dollar in its central parity rate on Thursday, according to the China Foreign Exchange Trading System. In China's spot ...
Tags: Chinese Yuan, U.S.dollar
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China Revises GDP Figure for 2013 Upward by 3.4%
Dec 22, 2014According to the revised data issued by China’s National Bureau of Statistics (NBS) on December 19, the country’s final gross domestic product (GDP) figure for 2013 has been recorded at RMB 58.8019 trillion ($9.58 trillion), ...
Tags: GDP Figure, Metallurgy
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Japanese New Ship Export Orders in November This Year Decreased by 72.2 Percent
Dec 22, 2014According to the data released by the Japan Ship Exporters' Association (JSEA), Japanese new ship export orders in November this year decreased by 72.2 percent on tonnage basis compared to October but declined by 72.7 percent year on year, ...
Tags: Ship Export, ship deliveries
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China Plans to Merge Its Two Railway Vehicle Manufacturers Into One Conglomerate
Dec 21, 2014China's plan to merge its two railway vehicle manufacturers CNR Corp and CSR Corp into one conglomerate will create an industrial giant which will provide a significant boost to the country's export sector.The planned marriage is expected ...
Tags: CNR Corp, CSR Corp, railway vehicle
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Chinese Companies Feels Chill From The Rouble Crisis
Dec 19, 2014Chinese companies are feeling the chill from the rouble crisis, with automobile and food trading firms aching the most. Automaker Zhejiang Geely Holding Group Co has started to increase the prices of its vehicles in Russia to offset losses ...
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China's Lottery Sales Reached 32b Yuan
Dec 17, 2014China's lottery sales in October hit 32.7 billion yuan ($5.34 billion), up 20.3 percent year on year, the Finance Ministry said Thursday. In the first ten months of 2014, total lottery sales stood at 312.11 billion yuan, up 24 percent from ...
Tags: China's Lottery, lottery sales
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HK Losing Its Appeal as an IPO Market
Dec 17, 2014Hong Kong was suggested to enrich its IPO platform to attract capital from more good quality companies from overseas, a local financial advisory body said on Wednesday. Hong Kong is likely to end this year as the world's second-largest ...
Tags: IPO Market, IPO platform
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China's Fabric Exports Increases Significantly in Jan.- Oct.
Dec 16, 2014China's fabric exports increases significantly during the period from January to October, export price rises as well. Fabrics export merchants says new type of flexible and frivolous breathable fabric with delicate patterns is the most ...
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China Has Changed to Be Capital Exporting From Commodity Exporting
Dec 16, 2014Gao Hucheng,Minister of commerce, saidChina's exports would qualitatively change and capital output characteristics will be embodied through the foreign trade data. China has combined foreign investment and foreign trade together. Through ...
Tags: Foreign Trade, Capital Export
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The Sixth Free Trade Agreement Negotiations in Japan and South Korea to Be Held in Tokyo
Dec 12, 2014The sixth free trade agreement negotiations in Japan and South Korea will be held in Tokyo, Japan on 24 to 28. Before this, China's assistant minister of commerce Wang Shouwen said, China and South Korea free trade area (FTA) would make ...
Tags: FTA, free trade agreement
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US Commerce Department to Take Anti-Dumping Investigation on Chinese Melamine Imports
Dec 12, 2014The U.S. department of commerce announced that they would take anti-dumping countervailing investigation on Chinese melamine imports on Nov.3, this investigation may lead the United States imposing punitive tariffs on these products that ...
Tags: Melamine, punitive tariffs
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Orders From Manufacturing Sector Down 5.5 Percent on Month to 343.8 Billion Yen In Japan
Dec 12, 2014In Japan, core machinery orders in October fell for the first time in five months, down 6.4% on year. The orders, widely regarded as a leading indicator of capital spending, signals the corporate sector has become cautious about boosting ...
Tags: Core Machinery
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CCI Actively Procuring Raw Cotton From Farmers at MSP
Dec 11, 2014The Cotton Corporation of India (CCI) is actively procuring raw cotton from farmers at minimum support price (MSP) and it has procured approximately 13 lakh bales by November-end at various centres in Andhra Pradesh, Maharashtra and ...
Tags: Raw Cotton, Cotton
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China's Export Was Far Less Than Expected in November, The Trade Surplus Hit a Record High
Dec 10, 2014China's export was far less than expected in November, crude oil and other commodity prices tumbled to the unexpectedly sharp drop in imports, the trade surplus hit a record high. China's economy is facing more downward pressure. China's ...
Tags: China's export, crude oil
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