The global financial crisis cast a large shadow over the Chinese financial system, prompting already conservative regulators to adopt a more rigorous, and by extension slower approach to reform. Yet there are also skeletons from ...
Tags: Government Bond Futures
Carter’s, Inc. announced that its wholly-owned subsidiary The William Carter Company intends to commence an offering of $400,000,000 aggregate principal amount of Senior Notes due 2021, subject to market and other conditions. The ...
Tags: Carter, interest rate
Dr. A Sakthivel, Chairman AEPC, releasing the data on the apparel exports for the month of June stated that, “Apparel exports were to the tune of US D 1240 million in June 2013-14 with increase of 12.13 per cent against the ...
Tags: Indian Garment
BASF increased sales by 3% in the second quarter of 2013 to just under €18.4 billion thanks to higher sales volumes in all segments. Income from operations (EBIT) before special items decreased by 5% to around €1.8 billion. In the ...
Tags: Construction, Decoration
Dr A Sakthivel, Chairman AEPC has written to Union Finance Minister, Shri P Chidambaram, on the demand of Garment Exports to give separate chapter for interest rates in export sector. In his letter Chairman AEPC wrote, “Reserve Bank ...
Tags: Export Sector, AEPC
A forthcoming audit of overall government debt in China is expected to reveal the status quo of growing government debt and its potential risks amid the country's economic slowdown. The planned nationwide audit follows a previous one ...
Tags: Gov't Debt
After eluding police for 10 days last year, a dragnet in central China’s Henan province finally closed in on Li Mingzhong, the head of a BOC Fullerton Community Bank branch who had absconded with more than US$16 million in rural ...
Tags: Village Banks, Privatization
After reaching the highest level in over six years, pending home sales declined in June, with rising mortgage interest rates beginning to impact the market, according to the National Association of Realtors. The Pending Home Sales Index, ...
Tags: Pending Home
The Australian dollar was weaker as markets warmed again to the idea that the central bank will cut interest rates next month. "Domestic press speculation of an RBA rate cut in early August has weighed on the Australian dollar," RBC ...
Tags: Australian Dollar
Existing-home sales declined in June but have stayed well above year-ago levels for the past two years, while the median price shows seven straight months of double-digit year-over-year increases, according to the National Association of ...
Tags: Construction, Decoration
THE sharemarket opened strongly following news China will lift controls on lending interest rates. At 10.10am AEST the benchmark S&P/ASX200 index was up 49.4 points, or 0.99 per cent, at 5021.5, easing to 5,007.3 by 10.25am for a total ...
Tags: lending interest rates, china, economy
The Australian dollar gained after China's central bank said it would lift controls on lending interest rates, allowing financial institutions to set them. At 6.30am AEST the local unit was trading at 91.83 US cents, up from 91.71 cents ...
ICE cotton prices dipped earlier this week on heavy rain received in Texas, the top cotton growing region of the country. Prices then rose in thin trade at the end of the week and settled the week in a positive note as the dry condition ...
Tags: cotton prices, Textile
Personal lines insurer Allstate has agreed to divest its life and annuity businesses Lincoln Benefit Life Company (LBL) to Resolution Life, in a deal agreed for $600m. The insurer said that it will cease issuing fixed annuities at the end ...
Tags: Resolution Life, Allstate
The results of the quarterly Manufacturers Alliance for Productivity and Innovation (MAPI) Business Outlook point to a degree of renewed momentum in manufacturing activity over the next three to six months. The survey's composite index is ...