Catalyst Paper reported significantly improved operating results for the quarter ended 30 September 2016 despite a non-cash impairment write-down of $186.4m on fixed assets at our Powell River, Port Alberni and Crofton paper mills resulting ...
Tags: Catalyst, non-cash impairment
China's foreign exchange reserves shrank for a fourth straight month in October, the central bank said Monday. The world's largest currency hoard fell to 3.12 trillion U.S. dollars last month, down 45.7 billion dollars from September, ...
Tags: Forex Reserves, foreign exchange
China's exports growth narrowed from previous drops in October while imports accelerated growth, however weak global demand might weigh on future trade growth. Exports measured in yuan fell 3.2 percent year on year in October, a slower ...
Tags: trade surplus, exports growth
The latest analysis “2017 Global Lighting Market Outlook” by LEDinside, a division of TrendForce, finds that LED lighting market to worth US $29.6 billion in 2016 and is to rise to US $ 33.1 billion as of 2017. Meanwhile, the ...
Tags: LED lighting, LED
US-based spirits manufacturer, Beam Suntory has invested in Bartesian, the creator of at-home cocktail technology to be launched in 2017. The Bartesian at-home cocktail machine creates premium cocktails on demand, combining spirits with ...
Tags: Beam Suntory, Cocktail
Though the Chinese currency renminbi, or the yuan, weakened to a six-year low against the U.S. dollar Friday, analysts said a sharp drop is unlikely despite persistent depreciation pressure. The central parity rate of the yuan retreated ...
Tags: Chinese currency, renminbi
The company reiterates fiscal year 2017 GAAP EPS guidance of $4.29 to $4.49, or adjusted EPS1 guidance of $4.15 to $4.35. For fiscal year 2018, the company expects GAAP EPS to be relatively flat to fiscal year 2017 adjusted EPS1. ...
The central parity rate of the Chinese currency renminbi, or the yuan, weakened another 160 basis points to 6.7258 against the U.S. dollar Wednesday, according to the China Foreign Exchange Trade System (CFETS). It was the weakest level ...
Chinese yuan or renminbi (RMB) has been included into the basket of special drawing right (SDR) of the International Monetary Fund (IMF) since Oct 1, marking a milestone in the internationalization of the RMB. Here are seven things you need ...
Tags: SDR Inclusion, RMB
The biggest weekly slump in the global gold price led Beijing's gold stores to cut their prices for the first time this year. The price in Beijing declined by 10 yuan ($1.5) per gram on Sunday. This was the first cut, following six earlier ...
Tags: Gold, Gold Prices
Bazooka Candy Brands, a division of New York based The Topps Company, has introduced a sugar free gum product, expanding its innovations in the confectionery space. The new product, Bazooka Sugar Free Gum, has been rolled out across ...
"The inclusion of the renminbi in the SDR is the biggest structural event in currency markets since the creation of the euro66." This was the title of a recent article published on the Euromoney website. This neatly sums up the view of ...
Copper indium gallium diselenide (CIGS) thin-film solar module developer Siva Power of San Clara, CA, USA has hired solar executive Bruce Sohn as vice-chairman of its board. Sohn was previously the key executive in the growth of cadmium ...
Tags: Siva Power, Bruce Sohn, vice-chairman
Including Breakthrough New Camera Systems, the Best Battery Life Ever in an iPhone and Water & Dust Resistance iPhone 7 and iPhone 7 Plus feature breakthrough new camera systems, the best battery life ever on an iPhone, and water and ...
Tags: iPhone 7, iPhone 7 Plus
The Board of Royal Dutch Shell plc (“RDS”) today announced an interim dividend in respect of the fourth quarter of 2015 of US$0.47 per A ordinary share (“A Share”) and B ordinary share (“B Share”), equal ...