U.S. jewelry and watch sales from all retail outlets in September increased 3 percent year on year to $5.521 billion, according to preliminary government figures. As is often the case, the sector's totals for previous months were revised, ...
China's economic growth will moderate further in the next two years as domestic demand is weakened by the property downturn, UBS has forecast. "We forecast China's GDP growth to slow to 6.8 percent in 2015 and 6.5 percent in 2016. This ...
Tags: economic growth, domestic demand
The high level of government savings deposits could prove detrimental to long-term economic growth, even as concerns mount over ballooning local government debt in China, a report said on Wednesday. Total bank deposits held by government ...
China hopes APEC will play a coordinating role in establishing the Free Trade Area of the Asia-Pacific (FTAAP), a Chinese official said Tuesday. The country seeks implementation of an APEC information exchange for free trade areas to ...
Tags: Drafting, APEC Roadmap
Taiwan-based makers from the LED lighting sector have been tapping emerging markets, including Indonesia, Thailand, India, Russia and Brazil, as they face fierce competition in North America, Europe, Japan and China, according to industry ...
Tags: LED packaging, LED Lighting
This year’s gradually improving business outlook looks set to continue into 2015, with the latest survey of Australian firms revealing that an increasing number expect to lift their sales and profits, sell their goods and services at ...
The 116th Canton Fair, China's largest trade fair, concluded Tuesday in the southern metropolis of Guangzhou with a trade slowdown, the event organizer said. Total turnover at the fair reached about 179.2 billion yuan (29.2 billion U.S. ...
Tags: 116th Canton Fair, trade fair, Canton Fair
Economic growth in the EU has remained soft so far this year, with a particularly disappointing performance of the euro area in the second quarter, according to the Economic and Steel Market Outlook 2014-2015/Q4 2014 Report from the ...
Tags: Steel market, Steel Demand
GfK’s UK Consumer Confidence Index has decreased one point this month to -2. Three of the five measures used to calculate the Index Score saw decreases this month, with the remaining two measures increasing. Nick Moon, MD of ...
Tags: Consumer Confidence
Taiwan's Ministry of Economic Affairs (MOEA) on October 29 approved the conversion of China-based LED epitaxial wafer and chip maker Sanan Optoelectronics' 19.9% stake in Taiwan-based Formosa Epitaxy into a 3.1% stake in Epistar, with the ...
Tags: LED epitaxial, LED chip
The organiser of Spring Fair International, i2i Events Group, has announced that response to new developments in the rebranded Home sector has been so positive that the available hall space has almost been filled, four months ahead of the ...
Tags: Home Sector, Furnishing
The Australian Competition and Consumer Commission has released its 16th annual container stevedoring monitoring report. “Increased competition is delivering improvements in Australian stevedoring, which build on significant gains ...
Tags: delivering improvements, logistics
Shimano Inc. reported sales for the nine months ended Sept. 30 were up nearly 21 percent compared with the same period last year thanks in part to a weaker yen. Sales of of Bicycle Components were brisk in North America, while sales of ...
Tags: Bike Components, Sporting Goods
The machine-tool manufacturer, Fair Friend Enterprise Group, broke ground on Oct.18 to construct a plant in the Zhengzhou Airport Economic Experimental Zone (ZAEZ) in Henan Province, China as part of its goal to lead the global machine-tool ...
Tags: machine-tool
Spearheaded by Taiwan's Ministry of Economic Affairs (MOEA) and coordinated by Goodway Machine Corp., around 10 of Taiwan's leading machine-tool makers plan to organize a consortium by the end of this year to develop high-end machines for ...
Tags: vertical lathing, Aircraft Parts