China collected 2.98 trillion yuan ($458 billion) in taxes in the first quarter of 2016, up 9.8 percent year on year, data from the State Administration of Taxation (SAT) showed on Wednesday. Tax collected from tertiary industry rose 12 ...
The IATA reports that air cargo global growth continued to perform below its potential – “mediocre growth is now the new reality”. Growth in freight tonne kilometres (FTK) had positive momentum since 2H2015 and into ...
Pipetech International developed the system to address the need for pipeline operators to detect and record transient pressure events occurring in water, wastewater and petroleum pipelines. The system, which was introduced in 2005, ...
Tags: Pipeline operators, Pipetech International, Monitoring technology
Murray Goulburn says it is feeling the impact of a troubled dairy industry, revealing a slump in net profit to shareholders. The dairy company, which owns the Devondale brand, announced a net profit of only AUD$10 million for the six ...
Tags: low milk prices, Murray Goulburn
China saw plunging new loans in February, largely due to the Lunar New Year holiday and a record credit surge in January. New yuan-denominated lending in February dropped to 726.6 billion yuan ($111.96 billion), 297 billion yuan less than ...
Tags: China's New Yuan, new loans
The recovery in air freight volumes from a weak first half of last year continued into 2016, although subdued underlying global trade conditions suggest another modest year for volumes growth, reports the IATA. Ongoing strong capacity ...
Tags: IATA, Solid, Air Freight
The worldwide Ethernet switch market (Layer 2/3) exceeded US$6.4 billion in revenues in the fourth quarter of 2015, an increase of 3.2% on year and a healthy increase of 5.1% on quarter. For full-year 2015, the market increased 1.9% over ...
Tags: Ethernet Switch, Router
Demand for dual-lens camera modules from the smartphone sector is expected to begin to surge in the second half of 2016 as Android phone vendors are upgrading the functionary of their models in order to stir up replacement demand, according ...
Tags: camera modules, smartphone
The China Association of Automobile Manufacturers announced on Friday that passenger car sales totaled 2.2 million units in January, 9.3 percent more than a year earlier, and the production of new-energy vehicles surged by 144 percent. ...
Tags: Car Sales, passenger car
The Apple Watch just pushed smartwatch sales above those of Swiss watches for the first ever time. Apple has kept mysteriously quiet when it comes to the sales performance of its first-generation Apple Watch, leading some to speculate ...
Tags: Apple Watch, Smartwatch, Swiss Watches
Operating performance in the quarter was strong and substantially above the equivalent quarter last year. The group increased EBITDA excluding special items by 21% to US$175 million, operating profit excluding special items by 51% to ...
Tags: Stronger Performance, EBITDA
Chinese tourists comprised the major consumption force in overseas markets during the seven-day Spring Festival holiday starting from Feb. 7. Chinese purchasing made up 55.8 percent of overseas consumption in the period, reflecting a new ...
Shops and restaurants across China reported robust sales during the week-long Spring Festival holiday, data from the Ministry of Commerce (MOC) showed on Saturday. Sales from dining and retails reached 754 billion yuan (US$ 115 billion), ...
Two of China's largest home appliances manufacturers are predicting huge losses for 2015. Sichuan Changhong Electric Co Ltd has forecast it will slip 1.97 billion yuan ($300.3 million) into the red, a staggering 3,455 percent fall ...
Tags: home appliances, TV
The world's stock markets are spiralling downwards. The U.S. equity market fell 10 percent last month. Investor terminology calls this a "correction" not a crash. But prospects don't look good. Big investors, banks and financial ...
Tags: Economic Crisis, investment banks