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
Their ages range from six to 17, and next week they will pay a special tribute to the thousands of their fellow Chinese countrymen who gave their lives during World War I. The award-winning Pagoda Chinese Youth Orchestra, based in ...
Tags: Pagoda orchestra, carol concert
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 ...
Nestle has recommenced production of Maggi Noodles at all of its facilities in India, in an effort to make up for the lost time that cost the company Rs 4.5bn ($67.4m) when it was banned for five months due to excessive presence of lead in ...
Tags: Nestle, Maggi Noodles
2016 is looking to be the year of soybeans. Chris Hurt, Purdue University agricultural economist, is predicting corn acreage to be 1.5% to 2% lower and soybean acreage to be around 2% higher for the Midwest’s 2016 growing season. With ...
Coal shipment volumes originated on US railroads were slightly up from the previous week but still subdued, Association of American Railroads data showed Wednesday. For the week ended November 14, the AAR reported a total of 95,293 coal ...
Tags: Coal, coal carloads
The halving of Algeria's foreign revenues in just a few months has had a brutal impact on the country's economy, Prime Minister Abelmalek Sellal said Sunday, describing the current situation as "difficult." In an interview with state news ...
With colder temperatures finally hitting much of the northern US last week, many in the oil market will have their eyes on US distillate stocks when the US Energy Information Administration releases its weekly inventory data Wednesday. ...
The opening ceremony of the top division of the Saudi Arabian football championship, the Saudi Professional League, was lit by Clay Paky. The multifaceted director Marco Boarino created a short intensive show at the King Fahd International ...
Tags: LEDs, LED wash lights, Clay Paky lights
LED manufacturers had an especially tough year in 2015. Despite rising LED lighting market demands, and large scale replacements of traditional luminaires, the oversupply situation in the market has caused average sales price (ASP) of LEDs ...
Tags: LED Industry, LED package
The market for wearables has maintained a certain growth level in recent years, though device vendors have not experienced a boom in demand as they would hope. The total wearable device shipments in 2015 are estimated at 68.1 million units, ...
Tags: Smart Bracelets, smartwatches
According to the latest report by LEDinside, a division of TrendForce, the global average price of 40W LED replacement light bulbs rose 2.8% monthly to US$11.1 in October, while the 60W replacement bulbs rose 3.5% to US$15. LEDinside ...
Tags: LED package, LED Light Bulbs
For full-year fiscal 2015 (ending 2 October), Skyworks Solutions Inc of Woburn, MA, USA (which manufactures analog and mixed-signal semiconductors) has reported record revenue of $3.26bn, up 42% on fiscal 2014's $2.29bn. For the fiscal ...
Tags: Skyworks, semiconductors
For its fiscal second-quarter 2016 (ended 3 October 2015), Qorvo Inc, which provides core technologies and RF solutions for mobile, infrastructure and aerospace/defense applications, has reported revenue of $708.3m, up 5.2% on $673.6m last ...
Tags: Qorvo, RFMD, TriQuint Semiconductor, Mobile Products
For third-quarter 2015, specialty metal and chemical products firm 5N Plus Inc of Montreal, Québec, Canada has reported revenue of $68.7m, down on $114.4m a year ago, negatively impacted by continuing erosion in relevant underlying ...
Tags: chemical products, metal