Australian stocks recovered from a steep intraday fall to close only marginally lower yesterday, as the Reserve Bank cut interest rates to a record low. The benchmark S&P/ASX 200 closed down 12.5 points, or 0.2 per cent, at 5143.7, after ...
Tags: Stocks Lift, Australian stocks
Despite the global negative trend, that is likely to have an impact on the luxury industry in 2013, the Group will continue to invest to expand its retail network and to promote its brands, also in new African and Asian markets. ...
Tags: Retail, Apparel, luxury industry
Saigon Petro has issued its first ever semi-term tender to import up to 13,200 mt of pressurized LPG for delivery over July to December this year, an industry source said Monday. The Vietnamese state-owned company, which normally buys via ...
Tags: Saigon Petro, pressurized LPG
Australian miner Fortescue Metals Group has announced that its Firetail iron ore mine, the first stage of the US$3.2 billion Solomon hub, has been officially opened, strengthening the company's position "as one of the world's leading ...
Tags: Fortescue, Iron Ore Mine
According to the report published in Beijing, global financial risk is abating and financial conditions have been improved. You can see the capitals' return to Asia and pickup of economic activities. The report showed that global ...
Tags: IMF, Economic Conditions
The San Francisco Chinese New Year Festival and Parade is the oldest and largest event of its kind outside of Asia, and the largest Asian cultural event in North America. The festival incorporates Grant and Kearny Streets into its street ...
Tags: New Year, California
Traditionally, Red envelopes or red packets; Hokkien: 'ang pow' (POJ: âng-pau); Hakka: 'fung bao'; are passed out during the Chinese New Year's celebrations, from married couples or the elderly to unmarried juniors. It is also common ...
Tags: Red envelopes
Chinese tea is a beverage from the leaves of tea plants (Camellia sinensis), which are ordinarily used for tea in China. Tea leaves are processed using traditional Chinese methods. The Chinese drink tea throughout the day, including during ...
Tags: Chinese Tea, Chinese Culture
Local shares closed higher yesterday, even after paring a sharp rise early on in the session, as investors took profits ahead of an interest rate decision due from the Reserve Bank of Australia today. The stockmarket was buoyed by growing ...
Tags: Local shares, US Jobs Growth
The dollar is still higher after getting a boost from better US employment figures, increasing optimism about the America's economic recovery. At 5pm AEST, the local unit was trading at $US1.0272, up from $US1.0254 on Friday. The Aussie ...
Tags: US Unemployment Rate, Service
The global supply of ethylene and its derivatives is expected to remain in excess and “from 2014 the excess supply is likely to reach 5 million tons or more, due to the increases in excess supply in the Middle East as well as the ...
Tags: Global Ethylene, Textile
The textile and apparel companies in Scotland are eyeing on new and emerging markets, including China, Russia, the UAE, Brazil and India, for expanding their business worldwide, since the country aims to increase its exports by 50 percent ...
As the world’s No1 Food & Beverage industry trade organizer, SIAL Group is supporting the growth worldwide.Developed since 1964 in PARIS, world capital of gastronomy, SIAL has become a global brand for agri-food players and ...
Tags: Footprints
The average price of Asian butadiene sank 18% month on month in April to $1,431.25/mt FOB Korea due to weak demand from China and an oversupply of synthetic rubber, Platts data showed Thursday. The monthly average was down a sharp 58% ...
Tags: Asian Butadiene, Weak Demand
Once again Intertextile Beijing Apparel Fabrics proved its position as a highly valued entry point to the Chinese market for overseas exhibitors. Buyers’ feedback confirmed the increasing domestic purchasing power of consumers, as ...
Tags: Intertextile, Apparel Fabrics