Fugitive document leaker Edward Snowden has formally applied for political asylum in Russia after spending eight days in the transit area of Moscow's Sheremetyevo airport. The Reuters news agency quoted an unnamed Russian immigration ...
Tags: NSA, Edward Snowden, Russia
The Asia-Pacific region is Marimekko's second-largest market after Finland. Growth in the area has been very strong in recent years, and in accordance with its internationalisation strategy Marimekko is seeking to further reinforce its ...
Tags: Apparel, Accessories
French retail giant Carrefour is said to quit the Chinese mainland and Taiwan. Sources said recently that Carrefour, the biggest retailer in the world and the second-biggest one in Europe, was considering selling business in both the ...
Everlight has been actively developing LED lighting, in addition to operating its own brand "EVERLIGHT", it's board of directors announced on June 25 that it will Purchase 100% stake of an European lighting company at not more than 10 ...
Hong Kong-based Fong's Industries Co. Ltd. took the occasion of ShanghaiTex 2013 earlier this month to unveil the latest generation of the THEN AIRFLOW? Synergy aerodynamic high-temperature piece-dyeing machine — the Synergy 8, which ...
Tags: Textile
MasterCard didn't make a peep earlier this month when word leaked that Beijing had halted the company's transactions in renminbi. Leaked documents didn't show when the payments were terminated, but the central bank effectively stopped the ...
Tags: MasterCard, Foreign Firms, Credit Cards
China edged its way toward a credit crunch last week, spooking investors, businesses, analysts – and perhaps more than anyone – the banks themselves. Liquidity in the country's money market appeared to suddenly dry up after a ...
Tags: Risky Economy, credit crunch
China sold US$2.1 billion in government bonds in the Hong Kong market on Wednesday despite the recent cash crunch in the mainland money market that spooked investors this week, Reuters reported. Demand for the yuan-denominated bonds was ...
Tags: HK Bond Market, cash crunch
The organiser of the JNA Awards, the most prestigious awards event to recognise and honour excellence and achievement in the jewellery and gemstone trade, is delighted to announce the addition of two industry veterans to the judging panel ...
From January to May, the industrial profits of enterprises above designated size achieved 2,081.25 billion yuan, an increase of 12.3 percent over the same period last year. Of which, the industrial profits from principal business achieved ...
Tags: Industrial Profits, Principal Business, January, May
The comments were made in a meeting that several delegates described as unique because it deals with a single commodity, and does so by looking at trade, development and other aspects. Although the official focus is primarily on ...
Tags: Cotton Producers, Textile
On 23rd and 24th August, 2013, more than 300 brands and industry leaders from the intimate apparel industry will come together for industry’s largest sourcing event “Galleria Intima 2013”. Organised by the apex body ...
Tags: Lingerie Brands, Galleria Intima, Apparel
The CFR China phenol price was mostly hovering below producers' breakeven costs for the last eight months due to high supply and weak demand, and there was little chance for respite with new capacity coming on stream. This is just the ...
Tags: CFR Phenol Price, Chemicals
Singapore's fuel oil stocks in the week ended June 19 rose to a 39-month high as exports of the heavy distillate -- particularly into China and Hong Kong -- plunged from the previous week, data released Thursday by trade promotion agency IE ...
Tags: Fuel Oil, Metallurgy, Mineral, Energy
As part of the Business-School Partnership Program organized by the Hong Kong General Chamber of Commerce, EEL HR coordinated a factory tour for 17 students from Hong Kong’s Holy Family Canossian College in GET. The purpose of ...
Tags: Hong Kong, Apparel&Accessories, Esquel