In 2014, the global CNC machine tool output value approximated USD48.1 billion, with the CNC level standing at about 60%. Particularly, the developed countries such as Japan, the United States, Germany, and South Korea enjoyed relatively ...
Tags: CNC machine, machine tool
China has more than doubled its first round oil product export quotas to 20.93 million mt from a year ago to 27 refineries in 2016, industry sources told Platts Tuesday. It contrasted to the 9.75 million mt released for the same period ...
Tags: oil product, gasoline
Four more Chinese independent teapot refineries, with a total capacity of 15.6 million mt/year, have joined others in applying to the National Development and Reform Commission to process around 14.47 million mt/year of imported crudes, the ...
Tags: teapot refineries, teapot
Macao's Gross National Income (GNI) at current prices amounted to 380.23 billion patacas (about 47.63 billion U.S. dollars) in 2014, up 6.7 percent year-on-year in real terms, the region's Statistics and Census Service(DSEC) said in a press ...
Tags: Per Capita Income, Macao
Taiwan consumers have continued to show lower expectations about future income and investment as well as general economic situation for the eighth-consecutive month in December, said a survey publicized Monday. The consumer confidence ...
Tags: Consumer Confidence, Keep Lowering
Belgium-based brewing company Anheuser-Busch has agreed to acquire Colorado-based Breckenridge Brewery, to expand its craft beer portfolio. Upon completion of the acquisition process, Breckenridge Brewery will become the seventh craft ...
Tags: Anheuser-Busch, Breckenridge Brewery, Food
Traditional Chinese medicine makers are expanding their presence in the global markets in a big way, as the government reiterated its support to further strengthen the sector. Guangzhou Baiyunshan Pharmaceutical Holdings Co Ltd, the ...
Tags: Traditional Chinese medicine, Overseas Markets, medicine
Tsinghua Unigroup of mainland China announced on Dec. 11 to acquire a 24.9 percent holding in Siliconware Precision Industries Co., Ltd. (SPIL) and a 25 percent stake in ChipMOS Technologies (Bermuda) Ltd. for total cost of NT$68.8 billion ...
Tags: Tsinghua Unigroup, semiconductor, Processing Machinery
Australian supermarkets giants have confirmed they source seafood from a company implicated in the usage of indentured slave labourers for prawn peeling. Coles, Woolworths and Aldi supermarkets have each confirmed that they have sourced ...
The Chinese government Tuesday refrained from adjusting retail oil product prices in line with global crude oil fluctuations for the first time in nearly three years, sending a strong signal to the market that it believes prices may have ...
Tags: oil product, crude oil
Foreign buyers look at motorbikes during the 118th China Import and Export Fair, also known as Canton Fair, in Guangzhou city, south China's Guangdong province, 15 October 2015. [File Photo: ImagineChina] Chinese Minister of Commerce Gao ...
Tags: motorbikes, Foreign Trade, Canton Fair
Brazil's Braskem has been buying bigger volumes of naphtha from Europe in recent days due to low stocks in Brazil as the petrochemicals producer continues to negotiate with Brazilian state-led oil company Petrobras over the terms of a ...
Crude futures settled Thursday at multi-year lows on a stronger US dollar and persistent concerns about oversupply. NYMEX January crude settled down 57 cents at $34.95/b, lowest front-month settle since February 2009. ICE February Brent ...
Tags: Crude, ULSD, crude stocks
China on Wednesday said abandoning multilateralism in trade talks were shortsighted and irresponsible, urging members of the world's major trade body to reinforce the Multilateral Trading System (MTS) and highlight its role in addressing ...
Tags: Multilateralism in Trade
Mitsubishi Corporation (MC) is pleased to announce the establishment of a new joint venture company, MM Cars Myanmar Limited (MMCM), with Yoma Nominee Limited (YNL), for the distribution (wholesale), retail sales, after-sales services, and ...
Tags: MC, motor vehicle, Myanmar