Natural rubber surpluses and poor demand, especially from China, will weigh on spot prices for the commodity, Germany's Commerzbank said in a report issued Tuesday. "Several years of supply surpluses on the global rubber market have ...
Tags: Natural rubber, Chemicals
The China Foreign Exchange Trade System (CFETS), also known as the National Interbank Funding Center (the Center), a sub-institution of the People's Bank of China (PBC), has announced that the RMB exchange rate on July 17, 2013, was 1 US ...
Tags: Cotton Import, Tariff Rate
Resource companies have shaken off a slowdown in Chinese manufacturing to help the Australian sharemarket finish higher. At 4.15pm AEST, the benchmark S&P/ASX200 index was up 18 points, or 0.36 per cent, at 5035.1. The broader All ...
Tags: Chinese Woes
Our Rating: Performance, Ride & Handling 4.5 Comfort & Interior 5 Quality & Design 5 Value & Features 4 The brief for developing the second-generation Range Rover Sport was simple: make it ‘more Sport and more Range ...
Tags: Range Rover, Sport Car
OPEC would need to cut production sometime in the second half of 2013 or early 2014 to stave off "a large drop in prices," Kuwait's leading bank said in a report over the weekend. In its latest economic bulletin, released late Sunday, the ...
Tags: Crude Output, Kuwait Bank
Belarus and China have reached an agreement to implement a joint venture to construct a soda ash plant, Belarus' Architecture and Construction Minister Anatoly Nichkasov told media on 19 July, BelTA has learnt. According to the Minister, ...
Tags: Soda Ash Plant, Soda Ash
Mr. Balvinder Kumar, Development Commissioner (Handlooms), Ministry of Textiles, Government of India inaugurated the Silk Fab exhibition, in the presence of the Guest of Honour, Mr. T.C. A. Ranganathan, Chairman and Managing Director, ...
A BIG upswing is expected in coming years in the number of Australian businesses transacting with China in yuan, according to a survey by HSBC. While only 7 per cent of Australian companies have conducted cross-border yuan transactions -- ...
Tags: businesses transacting, economy
THE sharemarket opened strongly following news China will lift controls on lending interest rates. At 10.10am AEST the benchmark S&P/ASX200 index was up 49.4 points, or 0.99 per cent, at 5021.5, easing to 5,007.3 by 10.25am for a total ...
Tags: lending interest rates, china, economy
Recently, great news come from Baosteel finance company. As the only pilot access network enterprise, officially, Baosteel finance company participate in the People's Bank of China Shanghai headquarters cross settlement comprehensive ...
Tags: Metallurgy, Mineral, Energy, steel
In order to adapt EU payments market to the opportunities of the single market and to support the growth of the EU economy, the European Commission adopted today a package including: • A new Payment Services Directive ("PSD2") and ...
In July 2013 economic expectations for Central and Eastern Europe including Turkey (CEE) remain almost unchanged. The ZEW-Erste Group Bank Economic Sentiment Indicator for the CEE region increases slightly by 1.7 points to a level of 25.7 ...
Tags: economy
Finance segments experienced some growth, driven by emerging markets, but the capital markets and commercial banking remained cautious, according to the latest study by the Financial Services Competence Center at Roland Berger Strategy ...
Tags: economy, Finance segments
U.S. manufacturers can breathe a sigh of relief that the global economy has taken a few steps back from the brink, with the Federal Reserve and other central banks playing key roles, according to a new report. In the Manufacturers ...
Tags: economy
China formally announced a thorough decontrol over lending rates of financial institutions on July 20. Approved by the State Council, the Chinese cabinet, the People's Bank of China (PBOC), the central bank, said on July 20 that the ...
Tags: lending rates, commercial principles, china