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
Container transport operators see positive signs from a concerted campaign to highlight the productivity, safety and export competitiveness that can be achieved by allowing Higher Productivity Freight Vehicles (HPFV) to operate at higher ...
Tags: Container transport, Gross Vehicle, Trucks
The electrical and industrial electronics industry has witnessed a 13 per cent growth in Q4 (January to March) of FY15 while the fiscal year closed with a growth of 10 per cent. These figures were released by Indian Electrical & Electronics ...
Tags: industrial electronics, electrical electronics, allied equipment
The unrepentant voices of complaining Australian consumers are ringing loud and clear. The latest instances have impacted on two of the country's best-known brands, Glad Wrap and Nestle's Allen's Lollies. Glad Wrap cuts through for ...
Tags: Nestle, Consumer Power
Japanese automotive major Honda Motor is all set to come up with a new car manufacturing plant in the Indian state of Gujarat, moving towards inking a state support agreement (SSA) with the government by next four weeks. The Indian ...
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
The Foreign Trade Association (FTA), a leading business association of European and international commerce that promotes the values of free trade, has demanded that the European Union’s trade policy be adapted to today’s global ...
Cotton prices will remain range-bound during cotton year 2016 even if domestic production declines by 10 to 15 per cent, according to ICRA, an independent and professional investment information and credit rating agency. In a report ...
Tags: Cotton Prices, Cotton
Most of the cotton growing states like Punjab, Haryana, Rajasthan, Gujarat and parts of Maharashtra and Karnataka have started getting good rainfall, which has led to farmers beginning sowing of cotton. “CCI has sold nearly 1.5 ...
Tags: Propel Cotton Sowing, Textile
After spending two years on Beijing's monthly ballot for car license plates, seen as the best way of curbing traffic congestion in the capital, my neighbor Jiao Wen finally decided to go electric to avoid what was starting to look like long ...
Tags: EV Sector, electric vehicle
The cotton textiles export promotion council (TEXPROCIL) has said that the removal of benefits on exports to African countries in the new foreign trade policy will affect shipments of value added products like cotton dyed and printed ...
Tags: cotton textiles, Textile
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
There is some good news for garment factory workers. G7 leaders meeting in Bavaria have agreed to establish a new fund to help improve the global supply chain in the wake of the Rana Plaza disaster in Bangladesh in 2013 in which 1,137 ...
Tags: Garment Industry, Insurance Fund
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 ...