The overseas investment returns of the nation's sovereign wealth fund sank last year amid a fragile world economy and soft commodity prices, according to figures released on Friday. China Investment Corp said that net annual returns on ...
The People's Bank of China (PBOC), China's central bank, extended a 6-month medium-term lending facility (MLF) worth 250 billion yuan (over 40 billion U.S. dollars) at an interest rate of 3.35 percent to 11 banks on Friday. The extension ...
Tags: People's Bank of China, central bank, medium-term lending facility
Kazakhstan’s food and beverage producer RG Brands will receive $49.2m in loan from the European Bank for Reconstruction and Development (EBRD) to enhance its product offerings. The investment is in line with EBRD's strategy to ...
Shanton Fashions, which operates a chain of women's clothing stores in New Zealand, has gone into liquidation that could threaten dozens of jobs, the media has reported. Although 18 stores are still trading, an initial report by ...
The National Australia Bank’s price and production forecast report expects wool and cotton prices to generally rise in Australian dollar terms. The NAB report provides production and price forecasts for 2015-16 for seven major ...
Tags: National Australia Bank's, Rural Commodities Index, wool industry
China's central bank cut both the requirement reserve ratio (RRR), the amount of reserves banks required to hold, and benchmark interest rates on Saturday. The credit-easing move, to be effective on Sunday, aims to "support the real ...
Tags: Reserve Ratio, Interest Rates
Exagan of Grenoble, France, a gallium nitride (GaN) technology start-up that enables smaller and more efficient electrical converters, has raised €5.7m in first-round financing that will be used to produce high-speed power switching ...
Tags: GaN-on-Si, GaN switching device
Bhandari Hosiery Exports (BHE), an exporter and supplier of garments, plans to invest Rs 15 crore in machineries for yarn dyeing and sewing threads units at its existing facility at Ludhiana, according to media reports. BHE chairman ...
The Presidents’ Meeting that took place in Tel Aviv this week highlighted five challenges facing the diamond industry, but the issue of profitability was the most pressing. Constituents of the World Federation of Diamond Bourses ...
Tags: diamond industry, mining
The Indian Government has officially kicked off the preferential credit package of $300 million to promote India-Vietnam garment cooperation, the Vietnamese media has reported. India will invest in building an industrial park specialising ...
Finance minister Arun Jaitley who is on a visit to the US, has said that economic reforms in the legislative pipeline can push India's growth rate above the current range of 7 to 7.5 per cent. India's economy, Asia's third largest, is ...
Tags: Arun Jaitley, economic reforms
Carlsberg Group is reportedly planning to divest the former Tetley Brewery site in Leeds, West Yorkshire, UK, for £35m. "We hope to be able to announce the successful purchaser prior to the end of 2015." The company, till date, ...
Tags: Carlsberg, Tetley Brewery
It is often assumed that emerging-economy living standards are bound to converge with those in developed countries. But, leaving aside some oil exporters and the city-states of Hong Kong and Singapore, only three countries and regions ...
Tags: emerging economy, financial crisis
China's real estate market, widely scrutinized for its significance to the world's second largest economy, has shown glimmering signs of bottoming out in big cities. The property market remains largely anemic, but a string of indicators ...
Small and medium enterprises (SMEs) in Nigeria, including textile and clothing firms, face several challenges—access to finance, rickety infrastructure, patchy energy supplies and security concerns, says a recent Economist ...