In the first nine months of 2016, KBA-Sheetfed achieved a 17.5% increase in revenue to €443.8m, accompanied by strong segment earnings of €17.3m. Following a good third quarter, the Koenig & Bauer Group (KBA) came substantially ...
Tags: KBA-Sheetfed, good net liquidity
China imported 21.58 million mt of coal in October, including lignite, thermal and metallurgical material, down 11.7% from September but up 54.6% year on year, according to preliminary data released Tuesday by China's General Administration ...
Tags: coal, lignite, metallurgical material
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
US crude exports rose 35,000 b/d to a record 692,000 b/d in September after Brent's premium to WTI widened, an analysis of Census Bureau data released Friday showed. Brent's premium over WTI widened from 34 cents/b in May to average ...
Tags: crude exports, crude
The recent coal price surge in China was irrational and unsustainable, an official said Monday, predicting that prices will retreat as supplies increase. There is no basis for further rises in coal prices, as supplies, freight volume and ...
Tags: Coal, Coal Price
China will hopefully achieve its annual steel and coal capacity reduction goals ahead of schedule this year, the country's top economic planner said on Tuesday, as local authorities have intensified efforts in recent months due to pressure ...
Tags: Steel, Coal Capacity-Cut Targets
Baosteel Group, the largest steel smelter in China by output, has predicted yearly profit growth of six to eight fold this year. The company registered 8.1 billion yuan ($1.2 billion) of profits in the first three quarters, up 174.6 ...
Tags: Iron, Steel, Steed Bar, Medium Plates, Cold-Rolled Sheets
Food prices in China edged down last week, on the back of cheaper vegetables and fish, with inflation running below the government target. The average price of 30 types of vegetable between Oct. 17 and 23 decreased 0.3 percent from a week ...
Tags: vegetables, fish
Consumption is the major economic driver, showing the nation's success in rebalancing the economy, but more efforts are needed to sustain growth, with heightened pressure in sectors with overcapacity, economists said. "China is on the ...
Tags: Consumption, economic driver
China collected 8.97 trillion yuan (1.33 trillion U.S. dollars) in taxes from January to September, up 7 percent year on year, the State Administration of Taxation (SAT) said Thursday. The tax revenue growth in the first nine months this ...
Tags: tax revenue, taxes
The property sector saw a year-on-year growth of 8.8 percent in the third quarter of this year, according to official data released on Thursday. The National Bureau of Statistics (NBS) released the GDP figures of different industries on ...
Tags: Property Sector
Australian business attitudes are upbeat as we head into the year-end holiday trading period. According to Dun & Bradstreet’s September Business Expectations Survey, companies are anticipating increased sales, profits, employee ...
Tags: business, Dun&Bradstreet, merry Christmas
Despite strong opposition from traditional taxi operators and some governments, Uber and Uber-type ride sharing services, have proven very popular amongst travellers, according to a University of Sydney Business School survey. The ...
Tags: Uber-type service, TOPS, University of Sydney Business School survey
Steel prices in China, the world's biggest steel producer and consumer, rose mildly last week as market sentiment improved slightly but demand remained subdued, latest industry data showed. China's steel industry has long been plagued by ...
Tags: Steel