The Ministry of Finance announced Thursday that it has expanded its trial municipal bond program, allowing more local governments to issue bonds directly and assume a larger role in managing their own finances, The Wall Street Journal ...
Tags: Municipal Bond Program
The call was made at a parliamentary reception last week hosted by Plastics 2020, the industry umbrella group run by the British Plastics Federation (BPF), the Packaging and Films Association (PAFA) and Plastics Europe. The plastics ...
Tags: Packaging, Printing, Plastics Industry
The survey has been conducted by Germany's plastic trade association Industrievereinigung Kunststoffverpackungen (IK). In a statement, IK said: "Foreign enterprises are able to calculate with much lower energy costs: at times power costs ...
Tags: Packaging, plastic trade, Plastic Packaging
AUSTRALIAN shares are one per cent higher as the military overthrow of Egyptian president Mohamed Morsi boosts the price of crude oil and shares in energy companies. The strong gains continue the volatility on the market, with shares ...
Tags: Market Rises, economy, stock
OPPOSITION treasury spokesman Joe Hockey says the rapidly falling Australian dollar is having an "immediate negative impact" on business confidence and fuel prices, despite being good for exporters. Mr Hockey said falling interest rates ...
In June this year, China's rail freight volume totaled 310.15 million mt, down by 3.75 percent month on month, following the month-on-month increase observed in May, as announced by China Railway Corporation. In June, the volumes of coal, ...
Tags: Rail Freight, Mineral
BEARISH bets for the dollar are turning savage, with Credit Suisse slashing its forecast to US75c after conceding the currency is "normalising" quicker than it expected. In one of the biggest dollar calls in the market by a major bank, ...
Tags: Credit Suisse, dollar, bank
BEARISH bets for the Australian dollar are turning savage, with Credit Suisse slashing its 12-month forecast to US75 cents after conceding the currency is "normalising" quicker than it expected. In what may be the biggest dollar call by a ...
Tags: Australian dollar, economy, bank
THE Australian dollar is higher after a comment from Reserve Bank governor Glenn Stevens that caused the local currency to fall to a three-year low was dismissed as a lighthearted remark. At 5pm today, the local unit was trading at 91.06 ...
It is reported that Taiwan's China Steel Corp. (CSC) has announced to sign a syndicated loan of US$265 million with 12 banks and it will help the company to manage the cash flow of its raw material investments purpose. The ...
Tags: Syndicated Loan Project
Building on the success of the last edition of Texcon 2012, organised in association with Ministry of Textiles, Confederation of Indian Industry (CII) North Zone is organizing the second edition of its flagship event on textiles & apparel ...
Tags: Seminar, Textile Sector
Many small and medium-sized enterprises took a direct hit from the bank liquidity squeeze in June, which disrupted their cash flow and boosted the cost of financing. Figures from Shanghai-based Wind Information, a financial data provider, ...
Tags: Credit Crunch, Smaller Firms
Global growth in IT spending is slowing, according to analyst group Gartner, which forecasts that total spending in 2013 will amount to $3.7 trillion, an increase of just two per cent on the $3.6 trillion that it believes was spent ...
Tags: IT, Computer Products, software
Following the first reversal into negative territory in ten months in April, the Architecture Billings Index has bounced back in May. As a leading economic indicator of construction activity, the ABI reflects the approximate nine to twelve ...
According to statistics, the stocks of stainless steel products totaled 193,137 tons in the Chinese Wuxi market in the second half of June, up by 0.08% from the previous 15 days. Among them, 96,176 tons were cold rolled (CR) stainless steel ...