China's gross domestic product growth slowed to 7.5 percent in the second quarter of 2013, down from 7.7 percent during the first quarter, data from the National Bureau of Statistics (NBS) showed on Monday. Growth in the first half of the ...
Tags: Q2 GDP, China economy
Australian packaging company Amcor has announced an agreement to acquire the flexible packaging operations of China-based Jiangsu Shenda Group for CNY350m ($57m). Following the acquisition of the business, which has sales of about CNY440m ...
The acquired business has sales of approximately RMB440 million and two plants in the Jiangsu province in Eastern China. Two thirds of its sales are to the pharmaceutical, snacks and culinary end markets. According to Amcor, the acquired ...
Tags: Flexible Pack, Chinese Market
Retail sales showed positive momentum to varying degrees in May, according to data released today by the United States Department of Commerce and the National Retail Federation (NRF). Commerce reported that May retail sales at $421.1 ...
Import volume at the nation’s major retail container ports is expected to increase 1.1 percent in June over the same month last year, reflecting modest growth expectations as retailers head toward the back-to-school and holiday ...
Tags: Merchandise Imports, Textile
Few advanced economies can measure up to the potential of emerging markets, which have been forecast to exhibit the fastest growth rates for food and non-alcoholic beverages over the next five years, according to a new report from global ...
Tags: Markets, Agriculture&Food, Drink
The Australian dollar came under a fresh wave of selling yesterday on news of weaker-than-expected economic growth in the first quarter, which reignited talk of further rate cuts this year. Government figures showed gross domestic product ...
Tags: Australian Dollar, Rate Cuts
The semiconductor revenues decreased by 2.2% in 2012. Worldwide semiconductor revenues are expected to increase by 3-4% during 2013, according to the report from International Data Corporation. According to the report, during 2012 the ...
Tags: Semiconductor, Electrical, Electronics
Worldwide semiconductor revenues decreased by 2.2 percent year over year to $295 billion in 2012, according to the latest version of the International Data Corporation (IDC) Semiconductor Application Forecaster (SAF). The industry witnessed ...
Tags: Semiconductor, Revenue Growth, 2013
The NRF Foundation, the careers and education division of the National Retail Federation, announced the launch of its new Retail Insight Center, a website designed to serve as a resource for researching industry, government, economic and ...
Tags: NRF Foundation, Apparel
The NRF Foundation, the careers and education division of the National Retail Federation, announced the launch of its new Retail Insight Center, a website designed to serve as a resource for researching industry, government, economic and ...
Tags: NRF Foundation, Apparel, Textile
Shares were punished yesterday as investors worried about resources stocks being hit by global economic concerns, and the dollar was also sharply lower on the increased likelihood of an imminent cut in the official cash rate. The ...
Tags: Aussie Dollar, economy
Signs that a nascent recovery in the housing sector stumbled in March pushed the Australian dollar to its lowest since mid-April. The number of house-building permits fell 5.5 per cent in March, the most since July, curbing optimism that ...
Tags: Dollar, Housing Recovery
Australians are demonstrating a less cautious approach to spending money, with more consumers planning to use their credit cards this quarter, while savings will be less of a focus. The Dun and Bradstreet Consumer Credit Expectations ...
Tags: economy
Asian acrylonitrile-butadiene-styrene producers Thursday said a sharp drop in ABS demand in China in the first quarter of 2013 could be linked to a record decline in worldwide sales of personal computers as reported by the US-based research ...
Tags: Producers Link, ABS Demand