China has the third largest IMF quota and voting share after the United States and Japan since the IMF reform plan being ratified by the U.S. Congress last week. [Photo: finance.sina.com.cn] Emerging powers like China, India, and Brazil ...
Tags: IMF quota, Emerging Economies
Tsinghua Unigroup of mainland China announced on Dec. 11 to acquire a 24.9 percent holding in Siliconware Precision Industries Co., Ltd. (SPIL) and a 25 percent stake in ChipMOS Technologies (Bermuda) Ltd. for total cost of NT$68.8 billion ...
Tags: Tsinghua Unigroup, semiconductor, Processing Machinery
Land transfers are flourishing in Jinzhou, some 260 km south of Beijing, catalyzing mushroom growth of specialized cooperatives, authorities have said. "About one-tenth of farmers have joined market-oriented cooperatives in Jinzhou and ...
Tags: Land Transfers, mushroom, Corn Plantation
China's annual economic growth could be between 6.6 percent and 6.8 percent next year, with employment and consumer prices remaining stable, a government think tank forecast on Wednesday. However, with growing downward pressure due to ...
Tags: economic growth, GDP
After more than doubling its strategic oil reserves since last year, China may apply the brakes to its buying spree as storage availability is expected to be limited, while a climate of depressed prices will reduce any urgency to snap up ...
Tags: Oil Reserve, crude, oil price
Hundreds of thousands of US stripper wells with production totaling 1 million b/d of crude could be at risk if oil prices fall below $35/b, where prices teetered in recent days, for long, observers say. Stripper wells are wells nearing ...
Tags: crude, oil prices, wells
Fresh, innovative and delicious. That’s the mantra behind Common Cider, an artfully crafted line of ciders making waves on the west coast. Previously sold exclusively in glass bottles, the company recently expanded its packaging to ...
Tags: Cider, glass bottles
China's foreign exchange reserves, the world's largest, fell by US$87.2 billion in November to US$3.44 trillion, central bank data showed yesterday, the lowest level since February 2013 and the third largest monthly drop on record. ...
Tags: Forex Reserves, foreign exchange
Dun & Bradstreet’s latest Business Expectations Survey indicates a fairly subdued outlook for the first quarter of 2016, as results continue to fall short of expectations. As the new year approaches, businesses are reporting lowered ...
Utilities are burning less coal than they previously expected, a survey the US Surface Transportation Board conducted shows. During a Rail Energy Transportation Advisory Committee hearing Tuesday in Washington, committee member John Carr, ...
Tags: natural gas, Coal Generation
The relationship between feedstock soybean oil and blendstock heating oil rose Tuesday to hit its highest level in more than two and a half years, as rising feedstock prices continued to bite. The "boho" factor, as the relationship is ...
Tags: soybean oil, feedstock
The production value of PCB products manufactured by Taiwan-based makers in Taiwan and China totaled NT$147.5 billion (US$4.544 billion) in the third quarter of 2015, up 7.1% on quarter but down 0.3% on year, according to the ...
Tags: PCB Production, PCB
The Trans-Atlantic gasoline arbitrage reopened Tuesday on the heels of stronger prices in both the Northwest Europe and US East Coast markets. Platts assessed the Eurobob barge at $469.25/mt, or $1.3412/gal, while RBOB cargoes delivered ...
Tags: gasoline, Mediterranean gasoline
The U.S. Food and Drug Administration said in a consumer update that a brand of genetically engineered (GE) salmon is indeed safe for sale and for consumption by humans. After an “exhaustive and rigorous scientific” review, ...
The release of a government report showing the cost of congestion in Australia will balloon by billions of dollars over the coming years serves as a timely reminder to governments to give equal consideration to the movement of freight as is ...
Tags: passenger vehicles, heavy vehicles, logistics industry