Saudi King Salman bin Abdulaziz Al Saud on Wednesday stressed that the kingdom has not been affected by the current drop in oil prices due to years of money reserve, Saudi Press Agency (SPA) reported. During the past years, money kept ...
Tags: Saudi King, current drop in oil
The National Electrical Manufacturers Association (NEMA) called on the California Energy Commission (CEC) today to ensure that California consumers have access to the most efficient and cost-effective LED bulbs currently on the market. ...
China's real estate sector showed signs of warming in November as new home prices rose on a monthly basis in an increasing number of cities, buoyed by government policies. Of 70 large and medium-sized cities surveyed in November, new home ...
he Bank of Japan (BOJ) announced on Friday it would expand the size of its asset purchasing program while maintaining the same size of the monetary base, in a bid to drive wages higher and boost business spending, two mainstays of the ...
Tags: Bank of Japan Unveils, Increase Wages, Business Spending
China might introduce more easing policies in 2016 to consume unsold home inventories, a report by the Bank of Communications said, despite data from Friday showing signs of a warming market. The government could further lower the minimum ...
Revenue from the sale of China's national liquor, Maotai, has been on the rise through the first 11 months, despite the government's continued frugality campaign. The Kweichow Moutai Group is reporting a 4-percent rise in revenues through ...
Tags: Kweichow Moutai, exhibition, Revenue
Brent oil price hit 11-year low Monday as the market continued to be plagued by an oversupply of crude oil and weakening demand. Brent crude for February delivery decreased 53 cents to close at 36.35 U.S. dollars a barrel on the London ...
Tags: Brent oil, Oil prices
China will encourage property developers reduce home prices as part of efforts to destock inventory, said a statement issued Monday after a key economic policy meeting. The Central Economic Work Conference said the country will promote ...
Glastonbury-based Indigo Herbs has rebranded its health and nutrition range while retaining the company’s core commitments of providing affordable, pure organic and raw products. The restructure includes streamlining of over 500 ...
Tags: Indigo Herbs, health Food, herbs, Blueberries
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
China’s National Development and Reform Commission and National Energy Administration have passed and announced the revised Feed-in Tariff (FiT) rates for solar and wind energy for 2016. The rates for solar projects in all three ...
Tags: FiT rates, PV modules
Chinese Premier Li Keqiang (R) holds a welcoming ceremony for Russian counterpart Dmitry Medvedev for the 20th China-Russia Prime Ministers' Regular Meeting in Beijing on Dec. 17, 2015. [Photo: gov.cn] China and Russia signed more than 30 ...
Tags: energy, investment, finance, bilateral cooperation
Over 50 World Trade Organization (WTO) members have reached agreement on phasing out tariffs on imports of 201 information technology products. The deal was announced at a WTO ministerial conference in the Kenyan capital of Nairobi. The ...
Tags: IT Product, Tariff Cuts, printers, cartridges
China's iron ore importers need to keep a close eye on the country's steel mills as they mull output cuts and shutdowns amid a year-end credit crunch, the China Iron and Steel Association said Thursday. Prices of iron ore derivatives ...
The price of Australian alumina continued to drift sideways Thursday, leaving Platts daily assessment unchanged at $200/mt FOB, despite a slight slippage of Yuan 15/mt ($2.30) in Chinese domestic prices in Shanxi province. The Australian ...
Tags: alumina, Australian alumina