Hyundai is planning to build its second factory in Alabama, US to increase the production of SUVs in the country, reported Yonhap News Agency. The move is reportedly triggered following a drop in gas prices in the US, which has ...
The Shanghai Gold Exchange will try to start offering the renminbi-denominated gold-fixing price this year, as an alternative to the dollar-denominated gold-fixing in London, a top bourse official said on Wednesday. SGE head Xu Luode said ...
Tags: Shanghai Gold Exchange, Gold Price
The merger date of Sysco Corp. and US Foods Inc. has been extended by 60 days from March 8 to May 7 because of the scheduled anti-trust hearings to be held in May, said food distributor Sysco in a filing with the US Securities Exchange ...
Tags: Sysco Corp, US Foods, Merger Date
China's largest oil refiner is seeking to cut its crude-purchase costs as the world's biggest energy consumer looks to benefit from the collapse in benchmark prices. China Petroleum & Chemical Corp, known as Sinopec, has set its trading ...
Tags: Sinopec, oil refiner, Crude Oil
The future looks bright for electric cars in China amid rapidly fluctuating gasoline prices and huge investments by the government to promote use of clean energy, industry sources said on Monday. However, inadequate battery technologies ...
Tags: Electric Cars, Battery Production
China's consumer price index (CPI), the main gauge of inflation, grew 1.4 percent year on year in February, the National Bureau of Statistics (NBS) said Tuesday. The stronger-than-expected reading quickened from the 0.8-percent gain in ...
Tags: CPI, February Inflation
Taiwan's exports fell in February from a year ago due to fewer working days during the Chinese Lunar New Year holiday and lower global oil prices, customs data showed on Monday. Exports fell 6.7 percent year on year to 19.9 billion ...
China's producer price index (PPI), which measures inflation at the wholesale level, declined a record 4.8 percent year on year in February amid weak domestic demand, the National Bureau of Statistics (NBS) said on Tuesday. The ...
China's trade rebounded in February from the previous month's surprise contraction, but imports were subdued in another sign of continued weakness in the world's second-largest economy. Exports surged 48.9 percent in February from a year ...
Tags: Dipping Imports, February exports
As LED light quality improves and prices continue to drop, more consumers are choosing to replace incandescent, halogen and compact fluorescent lamp (CFL) bulbs in their homes with efficient and environmentally friendly LED bulbs. Hence, by ...
Tags: LED market, Lighting market, LED, Lamp, Light Bulb
Having been unveiled alongside the iPhone 6 and oversized iPhone 6 Plus last September, the Asus ZenWatch rival's slow crawl to market has been exacerbated by a throng of titillating Apple Watch rumours. This looks set to be rectified in ...
Tags: Consumer Electronics, Apple Watch
Improved buyer demand at the beginning of the year pushed pending home sales in January to their highest level since August 2013, according to the National Association of Realtors (NAR). All major regions except for the Midwest saw gains in ...
Tags: Pending Home Sales
China will stabilize its property market this year, with tailored, market-based policies to guide "stable and healthy development," according to the government work report delivered by Premier Li Keqiang Thursday.[Special coverage] ...
China will accelerate price reform this year in sectors such as electric power, head of the country's top price regulator said Thursday. The National Development and Reform Commission (NDRC) will further strengthen its efforts on price ...
Tags: Price Reform, electric power
The latest data from the Australian Industry Group (AIG) Australian Performance of Manufacturing Index (PMI) indicates that Australia's manufacturing sector has contracted for the third month in a row, and that subdued domestic demand is ...