Agricultural Development Bank of China (ADBC) will issue not more than CNY 10 billion three-year financial bonds via a Dutch tender on September 25, the 23rd-term such bonds in 2013. The interests will be paid on an annual basis and will ...
Tags: economy, Service, Agricultural Development Bank, bank
China's manufacturing activities rose to a six-month high in September, according to a preliminary survey from HSBC. The HSBC Flash Manufacturing Purchasing Managers' Index (PMI) for September rose to 51.2, the highest level since April ...
Tags: manufacturing activities
China’s LED chip manufacturer HC Semitek Corp. Suzhou branch has received a US$ 150 million loan to be paid back in six years for its LED business, according to a Chinese-language Reuters report. China Development Bank’s ...
Tags: LED Chip, LED Business
Research by the Commonwealth Bank has revealed Australian motorists pay more than $3800 every year to keep their cars on the road. According to an AAP report, the bank’s data reveals fuel is the greatest expense for car owners ...
Tags: Motorists
China's appetite for coal, once seemingly unlimited, is starting to wane, and the effects are rippling far from the Middle Kingdom. With the world's second-largest economy, China in recent years has been driving demand for all sorts of ...
Tags: Coal, Metallurgy, Mineral, Energy
Canadian smartphone maker BlackBerry has agreed to a US$4.7bn takeover bid from a consortium led by its biggest shareholder, Fairfax Financial. In a statement released today, the company has signed a letter of intent agreement under which ...
Tags: Blackberry, Consumer Electronics, smartphone
TYNE Bank Brewery of UK is set to export its beers to Sweden market through a partnership with a buyer who operates for Systenbolaget, a Swedish state run alcohol selling monopoly. The company's managing director Julia Austin will visit ...
ICE Cotton futures traded unchanged on last week, with the main Z3 contract settling at 84.52 c/lbs. Physical supplies for delivery to mills through 2013 year-end are looking increasingly tight, as spot supplies of Australian, West African ...
Tags: ICE Cotton, Textile
Chairman AEPC Dr A Sakthivel, on behalf of the garment & textiles industry has expressed disappointment over the increasing the repo rate. In a statement made, Chairman Dr. Sakthivel stated that, “The availability of capital is ...
Tags: AEPC Chief, Apparel
Li Ka-shing, the richest person in China, said on September 17 that he would not withdraw capital from the Hong Kong market. Cheung Kong (Holdings) Ltd. (SEHK: 0001) and Hutchinson Whampoa Ltd. (SEHK: 0013), two listed firms controlled ...
China is said to be weighing a plan to allow local governments to issue local treasury bonds. Sources said recently that the Ministry of Finance (MoF) planned to allow local governments to issue local treasury bonds, an effort to ease ...
Tags: local treasury bonds, economy
Simtom Food Products, an Indian food manufacturer based in England, has unveiled plans to expand and upgrade its production line, while creating new jobs. The company received facilities including asset finance and working capital ...
Tags: Agriculture, Food
With four rounds of the 2013 World Rally Championship (WRC) left to go, Rally Australia presented Volkswagen Motorsport with?the opportunity to not only secure its number one driver his maiden world title in the team's inaugural year, but ...
Tags: Volkswagen, Auto, Transportation
India is set to start electricity exports to Bangladesh, despite its own chronic power shortages, in a project that could improve relations soured by a water supply dispute, play into upcoming elections and be a key link in an eventual ...
U.S. oil prices declined Friday, continuing to pull back from a mid-week rally sparked by the Federal Reserve's surprise decision to continue its easy money policies, while concerns over Middle East supply disruptions continued to fade ...
Tags: Oil, Metallurgy, Mineral, Energy