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 ...
Gold jewelry demand cooled in China in 2014, in sharp contrast to the frenzied off take in 2013, and plunged 33 percent year-on-year to 624 metric tons, according to data published by the World Gold Council on Thursday India displaced ...
Tags: Gold jewelry, Gold
It is not likely that Chinese industrial economy will experience hard landing regardless of the sluggish investment, Gan Jie, a financial professor, said Friday. Speaking at a luncheon co-organized by China's Hong Kong General Chamber of ...
Tags: industrial economy
The first week of the new financial year dawned cold across the country, with snow hitting a number of regions over the course of the week, causing minor disruption to trade in some of John Lewis' shops. The strength of John Lewis' ...
Tags: John Lewis, Furniture
Soft drinks company Postobon has received approval from Colombia's financial regulator to produce and sell Heineken beer in the country, under a partnership with Heineken's Chilean affiliate Compania Cervecerias Unidas (CCU). This move ...
Tags: Postobon, Heineken Beer
For the fourth fiscal quarter ended January 31, 2015, net sales at NYSE listed and apparel marketer, Gap Inc rose 3 per cent year on year to $4.71 billion. For the fourth quarter of fiscal 2015, on a constant currency basis, net sales ...
Tags: Clothing Marketer, Apparel
The Board of Directors of Grasim has approved the proposed merger of the Aditya Birla Chemicals (India) Limited (ABCIL), another Aditya Brila Group company, with Grasim. Grasim’s Board of Directors approved the swap ratio of 1 ...
Tags: Aditya Birla Chemicals, Grasim
Brand & Retail, the branded apparel segment at textile and denim major, Arvind Ltd witnessed sales surging 21.1 per cent year on year in the third fiscal quarter ended December 31, 2014. Net sales for the third quarter of fiscal 2015 in ...
Lower-tier cities will be focal point for expansion this year The fast-moving consumer goods market recorded slower growth last year, although momentum picked up in fourth-tier cities. The FMCG sector expanded 5.4 percent last year, ...
Monetary policy decisions in the US and Europe have amplified uncertainties for China and the rest of the world. China's consumer price index rose by a scant 0.8 percent in January, down from a 1.5 percent increase in December and marking ...
A credit card is an important thing to have when globetrotting, not least because many forms of online reservation require credit rather than debit payment. For those anticipating a long stay in China, a credit card may seem like a good ...
Tags: Credit Cards, online reservation
Chinese high-speed train companies are eyeing more contracts in overseas markets. "The US will be the next strategic focus for us, after successfully winning the Boston contract," Yu Weiping, vice-president of China CNR Corp, told China ...
Tags: high-speed train, overseas markets
“In 2014, we delivered 16 per cent growth in adjusted earnings per share, significantly increased return on capital, and distributed over $480 million of cash to shareholders, CEO of Avery Dennison said. CEO Dean Scarborough said, ...
Tags: Avery Dennison, Textile
Virtually all the indicators, from manufacturing activity to trade data, point to weakening. Expectations of an immanent reduction in the real interest rate have never been higher, despite the central bank's insistence on reining in ...
Tags: economic growth, trade data
China plans to draw up a guideline to help its equipment makers, particularly railway and nuclear companies, to expand exports, the country's top economic planning body said on Friday. Formulation of the guideline has just begun, and it ...