Dorel Sports sales grew approximately 3 percent in currency-neutral terms in the first quarter ended March 31 as success overseas was tempered by the U.S., where bicycle sales slipped below year ago levels in January but got back on plan in ...
Tags: Dorel Sports, Sports Wear
Gold demand is expected to rise in China and other Asian countries along the "Belt and Road" routes in the coming few years, the China Gold Association said on Tuesday. In a report on the likely impact on the gold market, officials ...
Tags: Gold Demand, Trade Initiatives, Gold
In constant currency, sales at UK fashion retailer Primark were 15 per cent ahead from the first half of fiscal 2014, for the 24 weeks period ended February 28, 2015,. At actual exchange rates and as a result of the weakening of the ...
Tags: fashion retailer, Primark
Driven by redemption of $0.5 billion of preferred securities in December 2014, net income at NYSE listed Kimberly-Clark (K-C) was knocked down by 35.71 per cent year on year in the first quarter ended March 31, 2015. According to a K-C ...
Tags: Kimberley Clark, Q1 Net Income
For the first quarter ended March 31, 2015, Danish industrial enzymes producer, Novozymes reported an 8 per cent year on year organic sales growth. In Danish currency, it posted a massive growth of 18 per cent from the prior year ...
Tags: Novozymes, Organic Sales Growth
Taiwan-based crystalline silicon solar cell makers have lowered quotes for PERC (passivated emitter and rear cell) monocrystalline models from US$0.49/W at the beginning of 2015 to US$0.45/W currently due to lower-than-expected demand, ...
Tags: Solar Cells, Crystalline Silicon
Some China-based PV module makers have lowered OEM quotes for PV modules with power-generating output of 250-255W to US$0.50-0.52/W to maintain orders from Japan-based vendors, according to industry sources in Taiwan. The price reductions ...
Tags: PV Module, OEM prices, LED Lights
Significantly decreased global demand has pressed Taiwan-based crystalline silicon solar cell makers to lower quotes from an average level of US$0.30-0.32/W for polycrystalline silicon models in February 2015 to that of US$0.28-0.32/W ...
The European Union (EU) will review its Minimum Import Price (MIP) framework for China-made PV modules on April 1 and plans to hike minimum prices by 5.66% from EUR0.53/W (US$0.56) currently to EUR0.56/W, according to industry sources. EU ...
Tags: PV Modules, minimum import price
The Shanghai Gold Exchange will try to start offering the renminbi-denominated gold-fixing price this year, as an alternative to the dollar-denominated gold-fixing in London, a top bourse official said on Wednesday. SGE head Xu Luode said ...
Tags: Shanghai Gold Exchange, Gold Price
Dramatic monetary policies in Europe have lots of potential to create a new surge of hot money inflow into China, says Simon Derrick, chief currency strategist at the Bank of New York Mellon. Hot money is speculative money that flows ...
The Chinese currency has seen sharp volatility against the US dollar this week as a strengthening dollar stokes worries of the yuan's depreciation. The yuan continued to decline against the dollar on Wednesday with its spot exchange rate ...
Tags: China's New Yuan, Chinese currency
Quarterly solar photovoltaic (PV) module revenues (excluding processing service revenues) by the 20 leading global suppliers increased to US$5.9 billion in the fourth quarter of 2014, according to IHS. Quarterly module revenues of the 20 ...
Tags: photovoltaic, solar cell
For the fourth fiscal quarter ended January 4, 2015, Gildan Activewear said it slipped in to losses, when compared with fourth fiscal quarter of previous year. Gildan reported a net loss of US$41.2 million or US$0.34 per diluted share for ...
Tags: Gildan Activewear, Apparel
China is unlikely to "purposely weaken" its currency, the yuan, or renminbi (RMB), as it would go against the authorities' commitment to economic rebalancing and structural reforms, HSBC said on Monday. Even dismissing the economic ...
Tags: weaken currency, RMB