The price spread between imported styrene monomer, on a CFR China basis, and domestic SM widened to almost a nine-month high of $54.40/mt on Tuesday, due to stronger prices of SM and benzene in overseas markets, Platts data shows. On ...
Tags: styrene monomer, Chemicals
ABB, the leading power and automation technology group, has appointed Chunyuan Gu as head of its business in China and the North Asia region as of Jan. 1, 2014. Gu, born in China in 1958, joined ABB in 1989 and has enjoyed a long career ...
Taiwan-based LED packaging houses, mainly Everlight Electronics, Lextar Electronics and Unity Opto Technology, are set to start producing 15mm OD (optical distance) backlight units (BLUs) specifically for use in direct-type backlit Ultra HD ...
General Motors will pull Chevrolet from Europe by the end of 2015 as the US-based automotive giant attempts to turn around its embattled European operations. GM confirmed its decision to axe Chevrolet as a mainstream brand in Western and ...
Tags: Chevrolet, General Motors
Australian Newcastle port's coal shipments to China dipped to their lowest level in six months in November at 1.74 million mt, shipping data from terminal operator Port Waratah Coal Services showed Tuesday. Close to 22.7% of the 7.68 ...
China's hunger for natural gas has pushed its shipbuilding and energy industries to build more liquefied natural gas carriers and import terminals, to give the nation an edge over other countries. "China will need more than 35 LNG ...
Tags: Energy Industries, LNG
Australia’s impending free trade agreement (FTA) with South Korea will not automatically translate to cheaper prices on imported cars, say the Southeast Asian country’s leading automotive importers. Prime Minister Tony Abbott ...
Tags: Car Prices, Hyundai
DAVI Luxury Brand Group, Inc. ("DAVI" or the "Company") (OTC BB: MDAV) a prestige beauty products company, announced the recent launch of its new DAVI skincare product line in South Korea under the 10-year exclusive licensing agreement that ...
Tags: Light Industry, Daily Use
In November of the current year, iron ore shipments from Australia's Port Hedland fell by 3.04 percent compared to October and were up 29.38 percent year on year, totaling 28.06 million metric tons. According to the information released ...
Tags: Iron Ore, Iron Ore Exports
Huawei founder and CEO Ren Zhengfei has said that the company is quitting the US as a result of repeated official accusations that its networking hardware is used for cyber-surveillance by the Chinese government. In a rare interview, with ...
Spanish casual clothing brand Desigual has announced that in 2014 the firm expects to reach a turnover of €1billion, with ambitions to be listed in the Top 100 companies in Spain. Manel Jadraque, CEO of Desigual, said at a recent ...
Tags: casual clothing, Apparel
In October this year, South Korea's new car registrations increased by 11.7 percent month on month to 14,154 units, up 17.8 percent year on year, according to the data released by the Korea Automobile Importers and Distributors Association ...
Tags: Car, Transportation
Britain's biggest retailer Tesco has delivered "poor" third quarter results – with like-for-like sales down 1.5% – 18 months after launching its £1bn turnaround plan, according to City analyst Shore Capital. Tesco's ...
Tags: Agriculture, Food
The 488-metre-long-hull of Shell’s Prelude floating liquefied natural gas (FLNG) facility has been floated out of the dry dock at the Samsung Heavy Industries (SHI) yard in Geoje, South Korea, where the facility is currently under ...
Tags: floating facility, mineral
The new “ Asia-Pacific Online Payment Methods 2013 – Second Half 2013“ report by Hamburg-based secondary market research company yStats.com indicates that the online payment continues to grow in acceptance, driven by fast ...
Tags: Online Payment, Apparel