The world’s largest economy – the US is the locomotive of global growth for the first time since the great recession and in the process boosting exports around the world, says the Chief Economist at IHF. Nariman Behravesh ...
Tags: domestic demand, oil production
In September this year, the purchasing managers index (PMI) for the Chinese steel sector was at 43.6 percent, down by 4.8 percentage points as compared to August, still below the 50 percent threshold and falling to the lowest level of the ...
Tags: Steel Sector, PMI
American agribusiness company Cargill has reported net earnings of $425m in the fiscal 2015 first quarter ended 31 August, down 26% from $571m in the year-ago period. Revenues in the first three months totaled $33.3bn, a 2% change from ...
Tags: Cargill, Net Earnings, Food
Weak demand saw China's imports of toluene plunged to a near six-year low in August, with market sources expecting the bearish sentiment to prolong for the foreseeable future. China's toluene imports in August fell 73% from the previous ...
The iron ore industry is worried about a further collapse in prices as the Chinese government has signaled it is abandoning its aggressive policy stimulus to boost economic growth, according to media reports. China's Finance Minister Lou ...
Tags: Iron Ore, industrial output
In September this year, the China HSBC Flash Manufacturing Purchasing Managers Index (PMI) increased to 50.5, higher than the anticipated level of 50.0 and up from August's final reading of 50.2, as announced by the HSBC on September 23. In ...
China's manufacturing sector expanded in August but at a significantly slower pace, as production rates and new orders softened. The Flash China Manufacturing PMI, published by HSBC in conjunction with Markit Economics, fell 1.4 points to ...
Tags: Manufacturing, Processing Machinery, China Manufacturing
China's state-run media are trying to do something the securities industry has failed to accomplish for much of the past three years: get the world's biggest population to buy more stocks. The official Xinhua News Agency published at ...
Tags: Stocks, China economy
Chinese manufacturing activity growth slowed in August, losing momentum for the first time in six months after having hit its highest level in more than two years. The official purchasing managers index (PMI) came in at 51.1 last ...
In August this year, the China HSBC Flash Manufacturing Purchasing Managers Index (PMI) decreased to 50.3, the lowest level of the past three months, down from July's final reading of 51.7, as announced by the HSBC on August 21. In ...
Tags: PMI, sluggish demand
Online sales of non-food products in the UK grew 10.6% in June versus a year earlier, according to the latest BRC-KPMG UK Online Retail Sales Monitor. Although this is the lowest online growth recorded since July 2013, online sales in ...
Tags: Online Sales, Furniture, Furnishing
Footfall in July was 0.6% lower than a year ago, up on the 0.7% fall in June. High streets reported the largest decline, falling 1.7%, consistent with the decline in June, while shopping centres experienced a 0.5% decline in footfall, up on ...
Tags: Footfall, Furniture, Furnishing
WASHINGTON (AP) — Congress has checked out, and the American people have noticed. Three-quarters of Americans doubt the federal government will address the important problems facing the country this year, according to a new Associated ...
Tags: US, Electrical, Electronics
Cargill, an American agribusiness giant, is planning to close its beef harvest facility in Milwaukee, Wisconsin, citing diminished cattle supply. The company has decided to close the plant following an18-month-long analysis of the ...
Tags: Cargill, Agriculture
China's apparent oil demand* in June turned directions from May and climbed 2.7% versus the same month a year ago to 41.94 million metric tons (mt) or an average 10.25 million barrels per day (b/d), according to a just-released Platts ...
Tags: Metallurgy, Mineral, Energy, Oil