China's central bank cut both the requirement reserve ratio (RRR), the amount of reserves banks required to hold, and benchmark interest rates on Saturday. The credit-easing move, to be effective on Sunday, aims to "support the real ...
Tags: Reserve Ratio, Interest Rates
The Chinese government is struggling to meet its fiscal targets this year, finance minister Lou Jiwei warned on Sunday, citing slowing fiscal revenue growth. The central treasury received 2.95 trillion yuan (about 475 billion U.S. ...
Ireland-based paper and plastic bags firm AB Group Packaging is set to foray into the US with a manufacturing unit in Delaware. The new plant will make paper bags and industrial packaging products, and is expected to generate around 100 ...
Tags: AB Group Packaging, paper bag, plastic bags
The Foreign Trade Association (FTA), a leading business association of European and international commerce that promotes the values of free trade, has demanded that the European Union’s trade policy be adapted to today’s global ...
Indonesia’s yarn producers have urged the government to impose a temporary safeguard duty on imported yarn products, which they say have severely damaged the market for locally made products, a leading Indonesian newspaper has ...
Tags: Indonesia's yarn producers, Yarn
The Dow Chemical Company and the Smithsonian Science Education Center announced today they will collaborate on The Dow Smithsonian Teacher Scholar Program. The program is designed to enhance teachers’ skills related to STEM (science, ...
Tags: Teacher Scholar Program
Fisker Automotive and Technology Group (FATG), which was purchased by China-based Wanxiang last year following its bankruptcy, will come up with a manufacturing unit in California, US, to revive its Karma hybrid electric car. The new ...
Tags: Electric Car, Fisker Automotive and Technology Group, Karma Electric Car
As the China government continues to pour money into fostering local supply chains in terms of capacity and technology, Taiwan makers are starting to feel the heat, and as a result are calling on the Taiwan government to increase support ...
Tags: Semiconductor, Panel Industry
Finance minister Arun Jaitley who is on a visit to the US, has said that economic reforms in the legislative pipeline can push India's growth rate above the current range of 7 to 7.5 per cent. India's economy, Asia's third largest, is ...
Tags: Arun Jaitley, economic reforms
Bangladesh has expressed concern over the US trade bill concerning the Trans Pacific Partnership (TPP) apprehending that a less developed country (LDC) like Bangladesh would lose its competitive edge in the American market due to ...
Tags: US trade bill, American market, Apparel
Despite an Australian economy growing at a moderate 2.3 per cent according to March quarter figures released by the ABS this month, the latest data on trade payments reveals that businesses are paying their invoices at the fastest rate on ...
Tags: Australian economy, payment times
PepsiCo Foods Canada will receive $3m in investment from the government of Ontario to revamp its manufacturing plant in Cambridge. The investment will be used to upgrade the food processing facility to meet world-class food safety ...
Tags: PepsiCo Foods, Canadian Plant
What's the difference between a good dream and a bad dream? To Foster Huntington, the biggest difference is to do and not to do! Huntington's execution is very strong, for the idea, he spent 12 months to achieve it, the final effect is ...
Tags: Villas, Construction
It is often assumed that emerging-economy living standards are bound to converge with those in developed countries. But, leaving aside some oil exporters and the city-states of Hong Kong and Singapore, only three countries and regions ...
Tags: emerging economy, financial crisis
The IATA reports that air freight volumes were up 3.3% in April compared to a year ago, which was below the 4.3% expansion seen so far this year. The April result provides a clearer reading of air freight market performance, after holiday ...