Asia
Asia
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Metro Markets Have Seen Year-Over-Year Economic Gains, According to The First American LMI
May 7, 2014Of the 351 metro markets measured, 300 have seen year-over-year economic gains, according to the National Association of Home Builders/First American Leading Markets Index (LMI). The index shows that 59 metros have fully returned to or even ...
Tags: Metro Markets, Economic Gains
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The Country's Trade Balance Indicated a $4.46 Billion Surplus in April This Year
May 7, 2014According to the data released by the Export and Import Division of South Korea's Ministry of Knowledge Economy (MOTIE), the country's trade balance indicated a $4.46 billion surplus in April this year. Meanwhile, in the first four months ...
Tags: Steel Import, automotive
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The Overall Average Finished Steel Price in China Declined by 0.1 Percent
May 7, 2014On May 6, China's Ministry of Commerce (MOC) announced that during last week (April 28-May 4) the overall average finished steel price in China declined by 0.1 percent compared to the previous week. In the given week, the average prices ...
Tags: Finished Steel, welded pipe
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Urgent Action Is Still Required to Further Reduce Unemployment and Address Other Legacies
May 7, 2014The global economy will strengthen over the coming two years, but urgent action is still required to further reduce unemployment and address other legacies from the crisis, according to the OECD's latest Economic Outlook. According to the ...
Tags: global economy, unemployment
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India Firm Is Setting up a US$ 550 Million Spinning Mill in Ethiopia
May 6, 2014India-based ShriVallabh Pittie (SVP) Group is setting up a US$ 550 million spinning mill in Kombolcha town, located in the Debub Wollo Zone of Ethiopia’s Amhara Region, Ethiopian News Agency reported. The textile mill, to come up ...
Tags: Spinning Mill, textile mill
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PMI for China's Manufacturing Sector Was at 50.4 Percent in April of The Current Year
May 6, 2014The purchasing managers' index (PMI) for China's manufacturing sector was at 50.4 percent in April of the current year, up 0.1 percentage point compared to March, constituting the second consecutive month-on-month rise by 0.1 percentage ...
Tags: PMI, manufacturing sector
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PMI for The Chinese Steel Sector Stood at 52.6 Percent
May 6, 2014In April this year, the purchasing managers index (PMI) for the Chinese steel sector stood at 52.6 percent, surging by 8.4 percentage points as compared to March and exceeding the 50 percent threshold for the first time since September ...
Tags: Steel Sector, PMI
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The Average Price of New Residential New Residential Housing in 100 Major Cities in China
May 6, 2014In April this year, the average price of new residential housing in 100 major cities in China rose by 0.1 percent month on month to RMB 11,013 ($1,796.6) per square meter, as announced by the China Index Academy, a Beijing-based real estate ...
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Chinese Aluminum Stocks Fell 0.5%, Halting a 14-Week Upward Trend in Weekly Stock Levels
May 6, 2014Chinese aluminum stocks at Shanghai Futures Exchange warehouses fell 0.5% Wednesday, halting a 14-week upward trend in weekly stock levels, according to data released late Wednesday by the bourse. Aluminum inventories at SHFE warehouses ...
Tags: Aluminum Stocks, Aluminum Futures
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Korea Had Sold 5% of Stake in LNG Canada to Shell as Part of Efforts to Reduce Its Debts
May 6, 2014South Korea's state-owned Korea Gas Corp said Friday it had sold 5% of its stake in LNG Canada to Shell as part of efforts to reduce its debts. "Kogas' subsidiary Kogas Canada LNG Ltd. has transferred 5% of its stake in LNG Canada to ...
Tags: Gas, LNG Canada
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Cotton Market Ruled a Steady Trend During Fortnight Ending April 15
May 5, 2014Out of 3 crore 75 lakhs bales of cotton crop predicted, approximately 3 crore 10 lakh bales have been pressed till 15th April as per trade sources and the daily kappas arrivals is quickly dropping to 95,000 bales per day. As per trade ...
Tags: Cotton Market, cotton crop
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Japan's Seven Top Electronic Component Makers Announced Their Earnings Outlooks
May 5, 2014Japan's seven top electronic component makers have announced their earnings outlooks for the year ending March 2015. The previous fiscal year was mostly a good one for these makers, and six of the seven are predicting the current fiscal ...
Tags: Electrical, Electronics
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The Japanese Economy Expanded at a Brisk Clip of 4.6%
May 5, 2014With fresh economic data for March revealing the impact of the stampede in demand before the consumption tax hike, private economists now estimate that the Japanese economy expanded at a brisk clip of 4.6% on the year during the first three ...
Tags: Electrical, Electronics, economy
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The Price of Platinum Is Forecast to Average $1,457/Oz in 2014, Down 2%
May 5, 2014The price of platinum is forecast to average $1,457/oz in 2014, 2% down from the 2013 average of $1,487/oz, as strike action has failed to give the metal any meaningful lift so far, metals consultancy GFMS said Friday in a report. "The ...
Tags: Platinum Price, platinum
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Tajikistan Decreased by 33.6 Percent Year-on-Year in The First Quarter of 2014
May 4, 2014The production of textile and clothing in the Central Asian nation of Tajikistan decreased by 33.6 percent year-on-year in the first quarter of 2014, reports avesta news agency quoting data from the Ministry of Industry and New ...
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