China's cross-border capital flows will remain volatile this year amid uncertainties both at home and abroad, the country's forex regulator said on Sunday. As China gradually moves to make its foreign exchange mechanism more ...
The U.S. trade deficit in December jumped to the highest level in more than two years as exports fell and Americans bought a record amount of imports — a potentially worrisome development that could weigh on overall economic growth. ...
Tags: Trade Deficit
Although domestic orders appeared to rise, overall orders with the Italian textile machinery sector dropped in the fourth quarter of 2014, primarily from a dip in overseas orders. In the fourth quarter, overall textile machinery orders ...
Tags: Textile Machinery, textile
Due to increases in both shipments and conversion efficiency, Taiwanese PV cell makers experienced a record shipment growth in 2014, according to the latest report by EnergyTrend, a division of TrendForce. This growth was in spite of being ...
Tags: PV Cell, Sloar Cell
China's central bank seems to have moved to stabilize the yuan despite mounting market sentiment that the currency has been toward the upper limit of its daily trading band for the past week. The reference rate the People's Bank of China ...
Shipments of smartphones by China-based vendors declined 8.8% sequentially in the fourth quarter of 2014, affected by weaker than expected sales for some brand vendors, according to Digitimes Research. For the first quarter of 2015, ...
Tags: smartphones, smartphone shipments
Despite a sharp decline in oil prices, the world economic outlook is subdued, weighed down by underlying weakness elsewhere, says the International Monetary Fund (IMF) in its latest update to the World Economic Outlook (WEO). Compared ...
Tags: oil prices, world economic outlook, Textile
PPG Industries reported fourth quarter 2014 net sales from continuing operations of $3.71 billion, up $207 million, or 6 percent, versus the prior-year figure of $3.5 billion. Net sales in local currencies grew 10 percent year-over-year, ...
Tags: portfolio management, earnings-accretive cash deployment, Construction
Supplier of uniforms, UniFirst Corporation said its revenues climbed 6.8 per cent and net income 8.6 per cent; both from a year ago quarter for its fiscal 2015 first quarter ended November 29, 2014. First fiscal quarter of 2015 revenues ...
Tags: uniform, workwear programs, facility service programs, Apparel
RPM International Inc. reported a 10 percent increase in net income and an 8 percent increase in earnings per diluted share on flat sales for its fiscal 2015 second quarter ended November 30, 2014. Second-Quarter Results Net sales of ...
Spot import premiums for London Metal Exchange-registered brands of copper cathode on a CIF China basis inched up as the import-related loss has turned into a profit, while the import interest has generally stayed thin after the New Year ...
Tags: Copper Import, Copper
Shanghai Futures Exchange (SHFE) copper prices climbed on Wednesday, the last trading day of 2014. The market closed on January 1 and 2 due to the New Year holidays. The most-traded copper contract for March delivery on the SHFE ended at ...
Tags: Copper Prices, Copper
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
The Renminbi exchange rate will remain stable in 2015, a macro economic report from China International Capital Corporation (CICC) predicted Monday. "Despite the weaker spot exchange rate of the Renminbi against the dollar, the ...
Taiwan's 2015 machinery exports to see rough going. In Jan.-Nov.2014, Taiwan shipped US$19 billion of machinery, up only 6.4% year on year, with the island's machine-tool industry having exported US$3.43 billion of equipment, growing at ...
Tags: machine-tool industry, high-performance machines, Manufacturing