After dropping for five consecutive weeks, ferrous scrap prices in eastern China remained stable for the second week following the recent increase in domestic rebar and seaborne iron ore prices. Platts assessed heavy melting scrap 6 mm ...
Tags: ferrous scrap, iron ore
Chinese legislators on Thursday urged intensified efforts to keep local government debt under control, warning against potential default in the future. Legislators made the comments when attending a panel discussion of the ongoing ...
Tags: Local Gov't Debt
This year China has seen its customs undertaking reforms to facilitate trade across the border. Yu Guangzhou, head of the General Administration of Customs, said the customs clearance reform is in accordance with the annual economic work ...
Tags: China's Customs, Work Efficiency
The Ukrainian Parliament on Thursday passed a bill amending the country's tax code system, thus fulfilling one of the key requirements set by the International Monetary Fund (IMF) to continue allocation of financial aid to the eastern ...
Tags: Tax Reform
Taiwan's machine-tool makers have entered into an alliance with the island's aircraft builders and a government-backed laboratory to develop intelligent industrial technology to sharpen their machine tool capability to manufacture aircraft, ...
Tags: aircraft-building, intelligent industrial, Processing Machinery
The central bank on Tuesday announced plans to introduce green bonds to allow financial institutions to raise funds for green projects. The People's Bank of China (PBOC) said the green bond will widen financing channels for projects in ...
Tags: Green Bond, Interbank Market
The Chinese government is taking absolutely adequate measures to handle slowing economic growth and an increase of certain imbalances, a leading Russian expert has said, commenting on China's key economic meeting held last weekend. "What ...
China's securities regulator announced on Friday that it has registered the first batch of Mainland-Hong Kong Mutual Recognition of Funds (MRF). China Securities Regulatory Commission (CSRC) has registered three Hong Kong funds under the ...
Tags: Funds Registered, Mainland-HK
The Japanese government is set to announce a record-high budget of some 96.7 trillion yen (798 billion U.S. dollars) for the next fiscal year to cope with the nation's dire demographic circumstances and related welfare costs, government ...
Tags: Japanese Gov, Budget
UK-based grocery and general merchandise chain Tesco is considering implementing sugar reduction targets to its own-label suppliers in the new food and drink categories. Tesco group quality director Tim Smith has declared the company's ...
Tags: Tesco, sugar reduction, Food
China supports new energy vehicles to save energy and combat pollution [Photo: blog.sina.com.cn] China's production of new energy vehicles surged by 600 percent year on year in November thanks to government support. Total production in ...
Over 15 years after the establishment of the Forum on China-Africa Cooperation (the "FOCAC"), China-Africa economic and trade cooperation has become a highlight in international cooperation with Africa and a model of South-South ...
Tags: FOCAC, financing cooperation
The European passenger car market recorded almost 14% more registrations in November than in the same month of 2014, the European Automobile Manufacturers Association reported Tuesday, which should help boost demand for platinum and ...
Tags: auto catalysts, platinum, palladium
Tax revenue from coal production in the Australian state of Queensland is forecast to rise to A$1.93 billion ($1.4 billion) in fiscal year 2016-2017 (July-June), based on assumptions that hard coking coal prices will average $100/mt in the ...
Crude futures fell Friday after the International Energy Agency said global oil markets will remain oversupplied at least through 2016. NYMEX January crude settled $1.14 lower at $35.62/b. ICE January Brent settled down $1.80 at $37.93/b. ...