In July this year, of 70 major Chinese cities surveyed, 62 cities saw higher prices in the new house market, four cities witnessed lower prices, while new house prices in the remaining four cities remained unchanged, all compared to June ...
Tags: House Prices, Mineral
The recapture of power generation demand from coal and expectations for an early start to the US heating season could prompt a pre-winter rally for natural gas prices by October, BNP Paribas said Friday. Much of the year-to-date increase ...
Tags: Gas, Metallurgy, Mineral, Energy
A 53% jump in consumer demand for gold in China and India during the second quarter was not enough to offset a heavy decline in Exchange Traded Fund purchases which fell 400 mt over the same period, leaving demand down 12% on year at 856 ...
Tags: Gold Demand, Mineral
Zimbabwe is likely to miss its cotton production target of 250 million kg set for the ongoing selling season, which is expected to close by the end of August. For the current season, Agritex and farmers’ unions had set ...
Tags: Cotton Target
Wesfarmers Limited has announced a net profit after tax (NPAT) of $2,261 million for the full-year ended 30 June 2013, an increase of 6.3 per cent on the previous corresponding period. The group's retail businesses achieved solid growth ...
Qinghai Province-based Chinese steelmaker Xining Special Steel Co. has announced that in the first half of the current year its net profit amounted to RMB 69.01 million ($11.27 million), up 18.3 percent year on year, while its operating ...
Tags: steelmaker, Xining Special Steel
A report regarding the FDI policy for retail and it’s effects on the Micro, Small and Medium Enterprises (MSMEs) in the country, titled ‘FDI in multi-brand retail on MSMEs’, has been tabled in the Indian Parliament, ...
Tags: FDI policy, Apparel
Calyxo GmbH of Bitterfeld/Wolfen-Thalheim, Germany, the largest manufacturer of cadmium telluride (CdTe) thin-film solar panels in Europe (with a current annual capacity of 85MW), says it welcomes the agreements between European Union and ...
Tags: Electrical, Electronics
Fabless semiconductor firm RFaxis Inc of Irvine, CA, USA, which designs RF semiconductors and embedded antenna solutions for the wireless connectivity and cellular mobility markets, has begun volume production of RFX8422S, which is claimed ...
Tags: Electrical, Electronics
In the boom of LED lighting, IKEA, the world's largest furniture retailer, will also expand the sales range of LED lighting product to support the promotion of efficient lighting products. Steve Howard, the Chief Sustainability Officer of ...
ArcelorMittal, the world's largest manufacturer of steel announced a huge second quarter loss. The Luxembourg based steelmaker reportedly recorded a second quarter loss of US$780 million, taking losses incurred by the company thus far ...
Tags: ArcelorMittal, Mineral
The appeal of CNC lathes and milling machines for the benefit of manufacturing activity is something that cannot be denied anymore. Not only can reduce the need for labor, can also increase your productivity and reduce waste with the use of ...
Manufacturing activity in July continued its solid turnaround since dropping to its lowest levels since June 2009 in May, according to the Institute for Supply Management's monthly Manufacturing ISM Report on Business. The PMI, the index ...
Tags: Processing Machinery
The prices at which cotton is sold in Ethiopian markets is comparatively lesser than the rates quoted in international markets. In March this year, cotton was sold at US$ 3.95 a kilo in international markets, whereas the local growers ...
Tags: Cotton Production, Lower Prices
The South Korea based Lotte Chemical is operating its Yeosu-based monoethylene glycol (MEG) plant at reduced rates. “The MEG plant is operating at 40 percent operating rates due to weak demand and lower prices of MEG,” a ...
Tags: Lotte Chemical, Textile