Investment bank Goldman Sachs late Wednesday lowered its iron ore price forecast for 2017 by $5/dmt to $35/dmt CFR China after a faster-than-expected softening in seaborne prices. "Iron ore prices have reached our $40/dmt forecast one ...
Tags: iron ore price, steel
Artlant, Europe's largest purified terephthalic acid producer, is in the process of searching for an investment partner or buyer for the business, a source close to the company said Thursday. As a result, any plans to start up production ...
Tags: Artlant, Terephthalic Acid, PTA
The US vinyl acetate monomer market is seeing a tightening of supply that will likely push pricing higher through the first quarter of 2016 despite falling feedstock prices and a weaker energy sector, sources said. US VAM increased $20/mt ...
Chinese Premier Li Keqiang shakes hands with Kazakh Prime Minister Karim Masimov at the Great Hall of the People in Beijing on December 14, 2015. [Photo: Xinhua] Premier Li Keqiang held talks with his Kazakh counterpart Karim Massimov in ...
The natinal flags of the People's Republic of China and Republic of Korea. [File Photo: CFP] The first round of talks between China and South Korea over their overlapping claims on exclusive economic zones in the Yellow Sea is due to get ...
Tags: China-ROK Maritime Talks
China's central bank projected its baseline forecast for 2016 growth at 6.8 percent on Wednesday, expecting the number of positive factors to gradually increase despite downward pressure on the economy. The rate is slightly lower than the ...
Tags: Central Bank, economy
A design drawing of Guangdong Technion-Israel Institute of Technology (GTIIT) in Shantou, south China's Guangdong Province. [Photo: Xinhua] Construction began Wednesday on a technology institute cooperation between a Chinese and an ...
Tags: GTIIT, Construction, campus
China's cabinet, the State Council, decided on Wednesday to further streamline administration by "separating" business licenses from administrative permits to create a more favorable business environment. The pilot reform, which allows ...
After eight months of patient, indirect and difficult contact with the Dutch collector, the villagers of Yangchun in south-east China's Fujian province failed to get back the mummy Buddha statue of Patriarch Zhanggong which was stolen in ...
Tags: Buddha Statue, cultural relics
Bravo Sports Corp. has made its first acquisition since itself being acquired this summer. The Santa Fe Spring, CA company said it acquired Pro-Tec, a 42-year-old maker of helmets and other protective gear for skate, snow and wake boarders, ...
Tags: Bravo Sports Corp, helmets, skate
Mitsubishi Corporation (MC) is pleased to announce the establishment of a new joint venture company, MM Cars Myanmar Limited (MMCM), with Yoma Nominee Limited (YNL), for the distribution (wholesale), retail sales, after-sales services, and ...
Tags: MC, motor vehicle, Myanmar
Afghan President Ashraf Ghani met with Vice President Li Yuanchao in Kabul on November 3. Li Yuanchao passed on the oral message from President Xi Jinping to President Ghani. President Xi Jinping sent his best regards and wishes to ...
A cargo train will start operating in 2016 between central China's Henan Province and Luxembourg, Zhengzhou International Hub Development and Construction Company said on Tuesday. According to the plans, the train will exit China at ...
Hu Kaihong: Good morning, ladies and gentlemen. Welcome to the news briefing held by the State Council Information Office. The Johannesburg Summit and the Sixth Ministerial Conference of the Forum on China-Africa Cooperation ("FOCAC") will ...
On the afternoon of November 23, the 26th China-US Joint Commission on Commerce and Trade concluded successfully in Guangzhou. After the meeting, the Alternative Trade Representative of the Ministry of Commerce Zhang Xiangchen, together ...