China's economic growth will moderate further in the next two years as domestic demand is weakened by the property downturn, UBS has forecast. "We forecast China's GDP growth to slow to 6.8 percent in 2015 and 6.5 percent in 2016. This ...
Tags: economic growth, domestic demand
On October 21, China's Ministry of Commerce (MOC) announced that during last week (October 13-21) the overall average finished steel price in China rose by 0.5 percent week on week. In the given week, average prices of high-speed wire rod ...
Tags: MOC, Steel Price, Energy
The U.S. consumer price index (CPI) for jewelry declined 3.8 percent year on year to 172.35 points in September, although it was the highest reading since January. The CPI for watches, meanwhile, rose 1.9 percent to 125.29 points, marking ...
In the January-August period of this year, Japan's cold rolled sheet and strip shipments decreased by 3.9 percent on year-on-year basis to 4.23 million metric tons, according to the Japan Iron and Steel Federation (JISF) data. 81 percent of ...
In the January-August period this year, steel exports from China's Hebei Province amounted to a total value of $9.244 billion, up 43.38 percent year on year. In the given period, the volume of steel exports from Hebei Province totaled ...
Tags: Steel Exports, steel
The U.S. consumer price index (CPI) for jewelry declined 4.5 percent year on year to 171.97 points in July. However, the reading has been slowly inching higher since the index reached the lowest point of the year so far at 169.36 points in ...
Tags: Jewelry Price, Watches
Nickel prices on the London Metal Exchange are likely to trade within a range of $17,000-23,000/mt in 2015, Alto Capital research analyst Carey Smith said Friday. "Prices will average around the $20,000/mt level due mainly to the ...
Tags: Nickel prices, Mineral
Although supply and demand are fluctuating heavily in the global solar market, the market’s preference for high-efficiency products has remained consistent, with Taiwan manufacturers leading the way, according to EnergyTrend, a ...
Tags: Cell Producers, Sloar Cell
One of Vietnam’s largest apparel exporters and government owned - Vietnam National Textile and Garment Group (Vinatex) raised around VND1.22 trillion or US$ 58.10 million through an initial public offering (IPO). Vinatex sold more ...
Tags: Vinatex, Raise, Accessories
On September 10, China's Ministry of Commerce (MOC) announced that during last week (September 1-7) the overall average finished steel price in China was down 0.3 percent week on week. In the given week, the average prices of high-speed ...
Tags: finished steel, nickel, non-ferrous metals
Whenever Nasser Edeeb visits Switzerland, which the 44-year-old businessman from Libya does with some frequency, there are two products he likes to pick up. The first are Swatch watches (for family, friends, himself), the second iPhones (if ...
Tags: Luxury Watch, Watch
LED backlighting prices are expected to decline an average of 3-8% while LED demand for lighting applications will remain flat during the third quarter of 2014, according to LEDinside. The firm said because of the traditional slow season ...
Tags: LED Backlighting, LED demand
An agreement has been reached to create the world’s third largest quick service restaurant company, merging North American-based beverages and baked goods restaurant Tim Hortons Inc. (Tim Hortons) with global burger restaurant Burger ...
Tags: Burger King, Tim Hortons, fast food
Recent soft economic data including falling property prices have many investors worried about a growth slowdown in China, but Platinum Asset Management sees plenty of investment opportunities. The funds manager said in a note to investors ...
Tags: China Economy
Tire pricing in the aftermarket took a step backward in August. So says industry analyst Nick Mitchell. "Our survey of more than 20,000 consumer replacement tire SKUs suggests that the broader pricing environment deteriorated slightly ...
Tags: Tire, Auto Parts