The Cotton Textiles Export Promotion Council (TEXPROCIL) will be releasing a Benchmarking Study of Production Costs in India vis-à-vis Bangladesh, China, Egypt, Indonesia, Pakistan and Turkey at a function to be held at Hotel Le ...
Tags: Multi-Country Production, Textile
THE sharemarket opened strongly following news China will lift controls on lending interest rates. At 10.10am AEST the benchmark S&P/ASX200 index was up 49.4 points, or 0.99 per cent, at 5021.5, easing to 5,007.3 by 10.25am for a total ...
Tags: lending interest rates, china, economy
China formally announced a thorough decontrol over lending rates of financial institutions on July 20. Approved by the State Council, the Chinese cabinet, the People's Bank of China (PBOC), the central bank, said on July 20 that the ...
Tags: lending rates, commercial principles, china
Conergy has been in negotiations on the short-dated entrance of a strategic investor. The company's creditors however failed to agree on the necessary unitarily and reliable affirmation of the concept in a timely manner. Now, unexpected ...
Tags: Service
Despite margin compression resulting from feedstock price increases over the first quarter, Great American Group, analysts note that the overall textiles industry continues to make progress after bottoming out in 2009. “Many ...
What does it take to shake the Chinese market? If stock turmoil in Shanghai and talk of bank default don't strike fear in the heart of the nation, images of a metropolis falling into a chasm will perhaps do the trick. An image from the ...
Tags: Cash Squeeze, Banks
Mystery surrounds recent reports that Premier Foods has sold £100M worth of its debt to US private equity house Apollo Global Management. Premier Foods brands include Hovis, Mr Kipling and Ambrosia The story originated from US ...
Sydney-based Commonwealth Bank of Australia (ASX: CBA) saw three village banks run into operation in Hebei Province, China recently. The three institutions spread in Xinji City and Handan City, each, with small- and medium-sized ...
FCT Group has signed a ten-year partnership agreement with Nationwide Appraisal Services (NAS) to offer an efficient, low cost, end-to-end solution extending between valuation and closing services to the customers. FCT Lender Services ...
For fiscal third-quarter 2013 (to end-March), optical component, module and subsystem maker Oclaro of San Jose, CA, USA, has reported revenue of $141.6m, down 11% on $159.5m the previous quarter and up 60% on $88.7m a year ago (which was ...
Tags: Oclaro Opnext, Electrical, Electronics
The National Association of Home Builders (NAHB) recently applauded Sens. Robert Menendez (D-N.J.) and Johnny Isakson (R-Ga.) for introducing bipartisan legislation to encourage residential construction lending, spur job growth and keep the ...
Tags: Construction, Decoration
London-based Stemcor, the world's largest independent steel trader, will meet banks next week to outline proposals to repay its lenders, Reuters has reported. The steel trader requested a standstill agreement after failing to refinance its ...
Tags: UK, economics, trading, European Union, Istanbul|
Growth in home sales and prices is contributing to a broader improvement in the overall economy, aided in part by current homeownership tax treatment, according to presentations at a residential real estate forum during the Realtors Midyear ...
Tags: Housing, Economy, Construction&Decoration, mortgage interest
Japan's Sharp booked another huge loss on Tuesday, and unveiled its latest turnaround plan, which includes relying on partnerships with Samsung Electronics and Foxconn Technology Group for business, sacking top management, and expanding ...
Tags: Sharp, LCDs, Electronics
Lenders to London-based Stemcor, the world's largest independent steel trader, have appointed PricewaterhouseCoopers (PwC) to assess Stemcor's proposal for a standstill agreement on $850 million of loans, according to Reuters. After ...
Tags: Mineral, Standstill Deal Request