The Chinese mainland's gold purchases from Hong Kong in 2015 may hold around this year's levels as physical demand in the world's biggest consumer remains stable and the country considers easing restrictions on imports. Net imports ...
Tags: Yellow Metal
Under the continued prudent monetary policy, China will use monetary instruments pragmatically and maintain moderate liquidity to achieve reasonable growth in loans and private financing, the central bank said on Wednesday. After the ...
Diamantaires were happy to see the back of 2014. After all, it was a tough year in which polished diamond prices declined, accelerating the general downtrend evident since mid-2011. Therefore, there is understandably some uncertainty about ...
More Chinese are applying for a United States visa, pushing up the number of outbound tours to the US. Last month, China and the US agreed to extend the validity of short-term tourist and business visas issued to each other's citizens ...
Tags: Visa Policy, Visitors
The People's Bank of China, the central bank, will change rules on how it calculates the loan-to-deposit ratios of banks from next year, a move that is expected to make available more funds for lending. The central bank will expand the ...
Tags: Deposit Calculation Rules, POB
The Chinese government has been authorized to ease investment rules in three new free trade zones (FTZs) after top legislature gave the go ahead during a bi-monthly meeting on Sunday. The new zones will be located in South China's ...
Tags: Investment Rules, Free Trade Zones
London and New York-based private equity investment firm Pamplona Capital Management will acquire US-based polyethylene films producer Charter NEX Films for an undisclosed amount. Charter NEX specialises in producing packaging for ...
Tags: Charter NEX, Packaging
Furniture Makers Company’s’ Revamps Online Presence Published on : Monday, December 29, 2014 The Furniture Makers Company is proud to announce that their new website is now live. One can see their updated news, new ...
Tags: Online Presence, website, Furniture
Cairo based Al-Nour Company for Dairy Product has placed a new bid to acquire 100% shares of Arab Dairy Product Company (ADPC). The Egyptian Financial Supervisory Authority (EFSA) has approved Al-Nour's decision to purchase the company ...
Tags: Dairy Product, Agriculture
Following Germany based Rocket Internet receiving fiscal and anti-trust approvals for its Global Fashion Group (GFG) concept, Indian online fashion retailer; Jabong.com would also be boarding GFG. Rocket Internet is a major investor in ...
Tags: eCommerce, marketplaces and financial technology, Apparel
The Cutrale and Safra Group has extended its previously announced tender offer for the acquisition of US-based banana producer Chiquita Brands International until 12:00 midnight, New York City time, at the end of the day on January 5, 2015. ...
Tags: farming, processing, technology, sourcing, Agriculture
Hong Kong-based Hanergy Thin Film Power Group Ltd says that its subsidiary Beijing Jing Cheng is investing in the construction of a 300MW flexible copper indium gallium diselenide (CIGS) thin-film photovoltaic (PV) module production line in ...
Tags: PV Module, Production Line, Electrical
The new government, under Prime Minister, Narendra Modi has laid emphasis on an economic vision based on increasing production, export and generating employment. Particular attention will be given to generate productive employment ...
The president and chief operating officer of Japanese airbag maker Takata has stepped down from his post as a result of recalls of millions of vehicles carrying the company's defective airbags. Takata announced in a statement that Stefan ...
Boston Power, a provider of next generation electric vehicle battery design and production, has secured USD $290 million in local government financial support for the expansion of its two facilities in China. The company's Liyang facility ...