Listed lenders from China may see zero or negligible profit growth next year, with some likely to incur marginal losses, a new report said on Monday. The nonperforming loans ratio, which measures bad loans as a percentage of total loans, ...
Tags: Uneasy Outlook, loans ratio
China will introduce more favorable policies to help domestic enterprises go global, an official from the Ministry of Commerce (MOC) said. The MOC will partner with other ministries to push policies for outbound investment, cooperation ...
As demand for exports continues to slip and the real estate sector cools, China expects consumption and the service sector to help pick slack. The nationwide shopping spree on Single's Day (Nov. 11) offered solid proof of the spending ...
Premier Li Keqiang has pledged "firmer resolve and greater efforts" to tackle the long-standing problem of industrial overcapacity as "old growth drivers" such as manufacturing and investment continue to struggle. China is experiencing a ...
Tags: high-tech industries, Overcapacity
The global market for functional and barrier coatings for paper and board packaging is expected to reach over $7.1 billion by 2020, according to a new report. Published by packaging industry researcher Smithers Pira, the report found that ...
Tags: barrier coatings, paper packaging, paper-based packaging
Dun & Bradstreet’s latest Business Expectations Survey indicates a fairly subdued outlook for the first quarter of 2016, as results continue to fall short of expectations. As the new year approaches, businesses are reporting lowered ...
Nestle India has refuted claims by the Uttar Pradesh state authorities that its pasta product is unsafe for consumption due to the presence of excessive lead content. Nestle claimed in its defense that the lab where the tests were ...
Tags: Nestle, pasta product
LyondellBasell, one of the world's largest plastics, chemical and refining companies, today announced that it has entered into a definitive agreement to acquire the polypropylene (PP) compounding assets of Zylog Plastalloys (Zylog) of ...
Tags: LyondellBasell, PP compounds
Beverage maker Coca-Cola is planning to enter the dairy business in India with the introduction of its milk-based beverage brand named Vio. The drink will be a non-carbonated, milk-based beverage. A Coca-Cola official was quoted by ...
Tags: Coca-Cola, milk-based beverage, drink
China released documents on Monday on electricity sector reforms covering everything from pricing to setting up a national electricity futures market. The new pricing system, which was piloted in Shenzhen and Inner Mongolia early this ...
Tags: power grid, electricity system
Polyethylene shipments from Singapore to India are expected to pick up in the long term following a free trade agreement taking effect December 1, sources said Friday. But sources in both markets do not expect this to have much impact ...
Tags: Polyethylene, Polymer, LLDPE plant
Venezuela's polypropylene producer Propilven is considering an expansion project and a new line at its Ana Maria Campos petrochemical complex, a source with knowledge of company operations said Monday. "The short-term project under ...
Tags: Propilven, Polypropylene, homopolymer
Juan Jose Aranguren, the next energy minister of Argentina, said Friday he will seek to rebuild investor confidence in the country by improving business conditions after taking office December 10. "We need, as in other sectors of economic ...
Premium Ingredients Food Services India is planning to set up second modular and portable powder blending (PPB) manufacturing facility in India by mid 2016. The company, which is a part of the Blendhub Corp group, specializes in the ...
The Japanese government intends to phase out the country’s incandescent light bulbs and fluorescent tubes by 2020, and convert all lights to LEDs, reported Asahi Shinbun. The policy was formulated ahead of the 21st Conference of the ...
Tags: LED lamps, light bulbs, fluorescent tubes