China's foreign trade still faces strong headwinds as uncertainties mount, a commerce official said Tuesday. The difficulties will not end in the near term, with uncertain and unstable factors increasing, Shen Danyang, spokesperson for ...
Tags: Foreign Trade
Chinese manufacturers and traders were optimistic about overcoming global economic headwinds as they turned up at the month-long Canton fair which opened its 120th session on Saturday at the southern city of Guangzhou. The biannual event, ...
Tags: Canton Fair
China's industrial profits showed positive changes in August thanks to policy-level efforts to reduce waste and also to a low base of comparison. But economists hastened to add that uneven growth is seen across sectors, and the country ...
China's fiscal revenue rose 1.7 percent year on year to 989.4 billion yuan (US$224 billion) in August, data from the Ministry of Finance showed Tuesday. Revenue growth was down from the 3.3-percent gain posted for July. The ministry ...
Sanderson Farms reported results for the third fiscal quarter and nine months ended July 31, 2016. Net sales for the third quarter of fiscal 2016 were $728.0 million compared with $739.9 million for the same period a year ago. For the ...
Tags: Sanderson Farms, results
For fiscal third-quarter 2016 (to 30 June), Emcore Corp of Alhambra, CA, USA – which provides indium phosphide (InP)-based optical chips, components, subsystems and systems for the broadband and specialty fiber-optics markets – ...
Grocery wholesaler, Metcash, has turned its profits around announcing a AUD$216.5 million profit after tax for the 12 months ended 30 April 2016. This is a vast turnaround on its AUD $384.2 million loss it reported for the prior 12 month ...
Tags: grocery wholesaler, ASX
According to new research released by Euromonitor International, global alcoholic drinks volumes registered a decline of 0.7% in 2015, entering negative territory for the first time in more than a decade. This translated into a loss of ...
Tags: Alcoholic Drinks, Alcoholic
China still faces severe steel oversupply, and a recent price surge is only due to temporary market expectations, a senior official said on Thursday. Steel prices increased significantly starting in March and declined mildly in May, as ...
Tags: steel oversupply, steel
China's smartphone shipments declined 5% on year in the first quarter of 2016, according to Strategy Analytics. About 104.9 million smartphones were shipped to the China market in the first quarter of 2016, down from 109.8 million units ...
Tags: Smartphone, China market, smartphone market
China's manufacturing activity expanded for the second month in a row in April but at a slower pace, official data showed on Sunday. The purchasing managers' index (PMI) came in at 50.1 in April, slightly down from March's 50.2 and below ...
Tags: manufacturing activity, sub-index measuring production
IATA’s latest quarterly survey of airline CFO and heads of cargo points to further year-on-year gains in profitability during Q1 2016, following a record year in 2015. However, expectations of further gains in profitability over the ...
Tags: passenger volumes, Airlines
Performance Sports Group Ltd. swung to a net loss in the fiscal third quarter ended February 29 as expected due to a precipitous drop in baseball and softball sales, retail bankruptcies and the impact of currency exchange rates on its ...
Chinese Premier Li Keqiang has urged solid efforts from the country's financial and taxation authorities to deliver the value-added tax (VAT) reform as part of efforts to invigorate the real economy during a visit to the State ...
Tags: Tax Reform, VAT
The IATA reports that air cargo global growth continued to perform below its potential – “mediocre growth is now the new reality”. Growth in freight tonne kilometres (FTK) had positive momentum since 2H2015 and into ...