China will relax restrictions on banks' yuan trading from next year, in a small but significant move toward relaxing its capital controls. The changes will replace daily caps on banks' foreign exchange positions with weekly limits, and ...
Tags: Yuan Trading, restrictions
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 reduction of bank credit available to the diamond industry is a game changer that will influence the market for many years to come. Therefore, this column has chosen bank credit as its most important story of 2014, rising above other ...
Tags: diamond industry, diamond market
Apple Pay could be introduced to UK retailers ‘in the first half of 2015’, latest reports have suggested. According to the Telegraph, Apple is currently in talks with a number of British banks over plans to introduce Apple Pay ...
Tags: Apple, Consumer Electronics
On 12 November, Packaging News organised a conference in conjunction with British Glass, bringing together members of the UK glass industry to discuss ways of improving recycling in Britain. The central London conference included talks ...
Tags: Glass Industry, Recycling
China concluded a rural work conference on Tuesday, vowing to push forward agricultural modernization through reform and innovation. Fiscal and monetary support to agriculture including tax breaks for banks that lend to the sector is set ...
The World Diamond Conference that took place last week in New Delhi, India, created a buzz in the industry that, frankly, needed a bit of a pick-up considering the state of the market. It not often that two heads of state attend a diamond ...
Tags: Diamond Trade, Arts
U.S. Environmental Protection Agency (EPA) Administrator Gina McCarthy today joined U.S. Department of Agriculture Secretary (USDA) Tom Vilsack, Mike Boots of the White House Council on Environmental Quality (CEQ), Commonwealth of Virginia ...
Tags: Water Quality, Agriculture
Net sales at women’s apparel retailer, Christopher & Banks slipped 6.35 per cent year on year for the thirteen week period ended November 1, 2014, a reflection of its store rationalisation program. Net sales for the third quarter of ...
The 41th International Fair of Furniture, Household and Social Building Equipment, manufacturing Suppliers and Furniture Industry Machinery- Mebel 2015, will be held within February 18 to February 21, 2015. Interior Mebel, the ...
Diamond manufacturers are entering an era of fierce competition as the looming decline in rough diamond supply is expected to place additional pressure on their already razor-thin profit margins. Manufacturer always operates with a ...
China's imports shrank unexpectedly in November while export growth slowed, fuelling concerns that the world's second-largest economy could be facing a sharper slowdown and adding pressure on policymakers to ramp up stimulus measures. ...
Tags: export growth, economy
This was supposed to be the diamond decade. Back in 2010, De Beers executives were touting that the coming 10 years would bring unprecedented demand and growth to the industry. Almost halfway through, it feels anything but, especially for ...
Tags: Diamond Decade, diamond dealers
G-III Apparel Group, Ltd. reported that organic net sales increased 12 percent in the third quarter ended Oct. 31 and by 21 percent including results at G.H. Bass, which it acquired in November 2013. The brand management company, which ...
Tags: Outwear Sales, Sporting Goods
Bank of China (BOC) predicted in a report on Tuesday that China's GDP will expand by around 7.2 percent in 2015, lower than the target set for this year. It is one of few public predictions made by a major state firm indicating that the ...
Tags: Bank of China