Elec-Tech International (ETI) revenues grew 10.52% to RMB 1.35 billion (US$ 220 million) in 1H13, according to the company’s 1H13 financial report released on Aug. 24. However, the company’s net income plunged 59.38% compared to ...
Former Chinese commodities trader Jerry Ren, who is quietly building a mining empire in the Australian outback, scoffs at talk the resources boom is over. For him its just moved north. As some mining firms clock up billions of dollars in ...
Tags: Mining Boom, Chemicals
At the latest interim dealer conference, president of Anhui Hualing Automobile Co., Ltd. (CAMC) Liu Hanru says: "Chinese HD truck market will get recovery in September when Chinese economic growth is stable and wins people's confidence. The ...
Tags: HD Trucks, Trucks, Transportation, Auto Parts
President Xi Jinping's visit to a recycling company Monday drew renewed attention to environmentally friendly industries. Xi said recycling is a sunrise industry and that garbage is a misplaced resource, during his visit Monday to a ...
The Cato Corporation reported net income of $14.8 million or $.51 per diluted share for the second quarter ended August 3, 2013, compared to net income of $17.3 million or $.59 per diluted share for the second quarter ended July 28, 2012. ...
Tags: Cato Corporation, Apparel
India has always had the opportunity to position itself at the forefront of future economic growth - as a leading international hub for investment, human capital and innovation. The country's growth despite the global slowdown, fluctuating ...
Tags: Emerging Economies, Processing Machinery, Manufacturing
It is reported that General Electric intends to nearly double its LED lighting business in Asia next year from last year, ing the trend towards light-emitting diodes as the new primary lighting source. "This year we'll improve LED sales ...
Tags: LED lighting, GE
It was usually quiet Friday morning at the Baoshan Cement Co., Ltd. factory in east China's Jiangxi Province. The factory's production lines were shut down after it was put on a list of companies designated by the Ministry of Industry and ...
The All Pakistan Textile Mills Association (APTMA) has said that the abrupt rise in power tariffs, pursuant to the new energy policy, will hurt the country’s textile industry. Under the new National Energy Policy 2013-18, the ...
Tags: Power Tariff, Textile Industry
Kenya s cement industry, the largest in East Africa, will benefit from increased government spending on infrastructure projects and investors should buy shares on price dips, Kestrel Capital East Africa Ltd. said. "Increasing government ...
Tags: Cement, Construction
In the wake of its acquisition of The Brick in March, Leon's Furniture said its sales for the second quarter had essentially tripled over the same period of 2012 while earnings were up by 53%. Leon's reported system-wide sales of C$573.4 ...
Tags: Brick, Construction
In the wake of its acquisition of The Brick in March, Leon's Furniture said its sales for the second quarter had essentially tripled over the same period of 2012 while earnings were up by 53%. Leon's reported system-wide sales of C$573.4 ...
Tags: Furniture, Furnishing
China's economy is stabilizing, and if exports continue to see modest growth in the second half, then the pace of economic growth for the year is likely to be close to 7.5 percent, said a well known economist. Fan Gang, head of the ...
Tags: 2013 Growth
AGC announces that it will invest approximately 40 billion yen to significantly increase the production capacity of its Indonesian subsidiary P.T. Asahimas Chemical (ASC) to meet growing demand for chlor-alkali products, such as caustic ...
Tags: Caustic Soda, Textile
Air Liquide Group, the world's largest industrial gas producer by revenue, has launched the second phase of its investment program, called Tengfei II, in China this year. The program caters to the country's growing demand for oxygen, ...
Tags: Clean Energy Boom