Coal provides nearly two thirds of China's energy, but for mining companies, this winter could not be more chilly. The government has done its best to save the day, but it is not enough to force up the price of coal, even in the short ...
Tags: Coal Industry, Coal
Led by a pick-up in growth in India, which accounts for about 70 per cent of regional output, South Asia’s economic growth is set to reach a four-year high in 2015, according to the United Nations World Economic Situation and ...
Tags: nuclear agreement, Textile
China's 2014 economic growth edged down to a 24-year low of 7.4 percent from 7.7 percent in 2013, the first time that it missed the government's annual target in 16 years, according to data from the National Bureau of Statistics released on ...
Gallup's latest U.S. Economic Confidence Index remained in positive territory for a third consecutive week, averaging 4 points for the seven days that ended on January 11. The index first reached a positive reading the week of December 27. ...
Tags: Economic Confidence, gasoline prices, Arts
The United States is set to become an even more dominant market for the diamond industry in 2015. In a reversal of trends that have characterized the industry in the past few years, there has been a shift back from east to west as industry ...
Tags: Diamond Market, diamond industry
A gauge of growth in the dominant U.S. services sector fell short of expectations for December, hitting a six-month low as indexes on employment, orders and business activity all declined. The FTSE 100 index was down 0.4 percent at 1209 ...
Tags: services sector, GDP growth
China's annual economic growth likely slowed to 7.2 percent in the fourth quarter, the weakest since the depths of the global crisis, a Reuters poll showed, which would keep pressure on policymakers to head off a sharper slowdown this year. ...
Tags: economic growth, GDP data
Textile trade fair, Colombiatex of the Americas which runs from January 27-29, 2015 in Colombia will see nearly 500 exhibitors showing various textile goods ranging from yarns, fabrics, dyes and chemicals, etc. In the last 17 years, ...
China's largest oilfield, the Daqing Oilfield, in northeast China's Heilongjiang province is expected to cut 1.5 million tons of output next year to stay in line with the new production schedule of the China National Petroleum Corporation ...
Russian GDP contracted by 0.5% in November and it is the first economy contract since 2009. According the data from Russian Economic Development Ministry, Russian GDP falls 0.5% in November and increases by 0.6% in the past 11 months. ...
Tags: Russian GDP, energy exports
The Renminbi exchange rate will remain stable in 2015, a macro economic report from China International Capital Corporation (CICC) predicted Monday. "Despite the weaker spot exchange rate of the Renminbi against the dollar, the ...
China's economy is likely to expand at a slower pace of 7 percent in 2015 and 7.3 percent this year, a government think tank said in a report on Monday. Due to factors such as overcapacity in some manufacturing industries, the country's GDP ...
Tags: China Economy, home price
The economy grew at its fast rates in 11 years in the third quarter, according to a third estimate released by the Bureau of Economic Analysis (BEA) that showed consumer spending increased more than thought. The BEA now estimates real ...
Tags: Consumer Spending, Q3 GDP Growth
According to data from The US Commerce Department, America's economic growth rate in Q3 reached 5% annualized rate, higher than the expected 3.9%, hitting a new record since Q3 in 2003. The data show that the growth of personal ...
With falling home prices and slowing growth, Beijing already has plenty on its plate. Such challenges are now fueling concerns about how the current Russian currency turmoil will impact the world’s second largest economy, and ...
Tags: Currency Depreciation, home prices, rubble