Activity in China's services sector grew modestly in February as new orders rose at their quickest pace in three months, a private survey showed just a few days after the central bank cut interest rates to stimulate the world's ...
Tags: HSBC Services, PMI
Dramatic monetary policies in Europe have lots of potential to create a new surge of hot money inflow into China, says Simon Derrick, chief currency strategist at the Bank of New York Mellon. Hot money is speculative money that flows ...
U.S. jewelry and watch sales across all channels fell 1.9 percent year on year to $4.55 billion in January, according to preliminary figures. Data revealed that jewelry sales fell 1.6 percent to $4 billion, while sales of watches ...
Despite smaller plantings, U.S. farmers will harvest the second-largest soybean crop and third-largest corn crops this fall, the Agriculture Department projected, with high demand whittling down the corn stockpile by 8 percent but soybean ...
Tags: Agriculture, Soybean
China's machinery industry continued to expand in 2014 but at a softer pace due to sluggish domestic demands and piling inventories, new data showed on Wednesday. The added value of the sector increased 10 percent year on year in the last ...
For the full year of 2014, sales at global specialty chemical company, Eastman Chemical grew by just 2 per cent over 2013 to $9.5 billion. Operating earnings for 2014 amounted to $1.6 billion, a slight increase compared with 2013, while ...
Tags: end-market demand, hygiene, Apparel
The age-old parental advice to “eat your fruits and vegetables” has taken hold. From 2003 to 2013, global consumption of fresh foods — fruits, vegetables, meat, poultry, fish, and eggs — grew by 20 per cent to ...
Tags: fruits, vegetables, meat, poultry, Agriculture
Kusumgar, Nerlfi & Growney has announced the commencement of its fifth U.S. Paint & Coatings Industry study. According to the firm, the industry is continuing its recovery from the global recession of 2008-2009. Consumption is projected to ...
The Reserve Bank of India (RBI), the country’s central bank, has reduced the policy repo rate under the liquidity adjustment facility (LAF) by 25 basis points from 8.0 per cent to 7.75 per cent with immediate effect. Consequently, ...
Tags: liquidity adjustment facility, banking system, Textile
One of Australia’s most iconic food brands Dairy Bell Ice Cream has decided voluntarily to shut down after 44 years of manufacturing ice cream in Australia, and has told Australian Food News that its assets are available for sale. ...
Tags: Ice Cream, Agriculture
Update: Apple has increased the price of apps and games for iPhone and iPad on the iOS App Store to 79p. The cheapest price you can now pay for an app or game on the iOS App Store is now 79p, up from the previous 69p. That cost ...
Tags: APP, Store, Consumer Electronics
Apparel marketer and NYSE listed Ennis, Inc reported a 7.6 per cent year on year hike in sales for the three months ended November 30, 2014. Third quarter of 2014 sales totaled $147.0 million, up 7.6 per cent from a year earlier quarter. ...
Tags: pricing pressures, apparel division, Apparel
China's annual economic growth likely slowed to 7.2 percent in the fourth quarter, the weakest since the depths of the global crisis, a Reuters poll showed, which would keep pressure on policymakers to head off a sharper slowdown this year. ...
Tags: economic growth, GDP data
The post-recession years have been challenging for the UK beer market, with sales dropping by over 500 million litres between 2009 and 2013 alone. However after five consecutive years of decline, new findings from market research Mintel has ...
Tags: beer market, cider market bode, Agriculture
Chinese manufacturers signalled weaker growth momentum at the end of 2014, fresh evidence of headwinds facing the Chinese economy, a recent HSBC report showed. After adjusting for seasonal factors, the HSBC Purchasing Managers' Index ...
Tags: Manufacturing Activity