NEMA's Lighting Systems Shipments Index, a measure of demand for lighting equipment, increased by 4.8 percent year-over-year and by 4.4% quarter-to-quarter during 2015Q3. The increase was driven by the fixtures component of the index, which ...
Yesterday's U.S. interest rate adjustment narrows the scope for China to balance currency stability with economic growth. The U.S. Federal Reserve raised the benchmark interest rate by 25 basis points on Wednesday, the first increase ...
Tags: U.S.Rate, China's Policy
The US vinyl acetate monomer market is seeing a tightening of supply that will likely push pricing higher through the first quarter of 2016 despite falling feedstock prices and a weaker energy sector, sources said. US VAM increased $20/mt ...
The Communist Party of China (CPC) Central Committee has held a meeting to solicit opinions from non-communist persons on the country's economic work, according to a statement released on Monday. While presiding over the meeting, which ...
Call it a tale of two sectors -- China's slipping manufacturing and flourishing service sector have defined the country's economy. The Chinese economy is undergoing heavy restructuring as it slowed to a six-year low of 6.9 percent in the ...
Tags: economy, service sector, manufacturing
China's annual economic growth could be between 6.6 percent and 6.8 percent next year, with employment and consumer prices remaining stable, a government think tank forecast on Wednesday. However, with growing downward pressure due to ...
Tags: economic growth, GDP
The National Electrical Manufacturers Association (NEMA) commends the U.S. Department of Energy on its Dec. 2, 2015 decision that mandatory energy conservation standards for high-intensity discharge (HID) lamps are not technically feasible ...
Tags: NEMA, HID Lamps, Traditional Lighting
Oman is close to awarding construction contracts and reaching financial close for its planned Liwa Plastics petrochemicals complex and Salalah LPG plant, sources close to the projects said Monday. Approximately $5.2 billion of funding is ...
Lingering inventory issues from the port delays, ongoing foreign exchange headwinds for international companies and a tepid response from consumers at retail pushed down aggregate industry profits by 14% in Q3 to $3,529.3 million from ...
For its fiscal second-quarter 2016 (ended 1 November 2015), fiber-optic communications component and subsystem maker Finisar Corp of Sunnyvale, CA, USA has reported revenue of $321.1m, up 8% on $297m a year ago and up 2.3% on $314m last ...
Tags: Finisar, fiscal, Electronics
The latest report from LEDinside, a division of TrendForce, finds that the global average price of 40W LED replacement light bulbs fell 3.4% monthly to US$10.8 in November, while the 60W counterparts saw a 3% drop to US$14.6. LEDinside ...
Tags: LED Light Bulb, Prices
China's foreign exchange reserves, the world's largest, fell by US$87.2 billion in November to US$3.44 trillion, central bank data showed yesterday, the lowest level since February 2013 and the third largest monthly drop on record. ...
Tags: Forex Reserves, foreign exchange
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
Pork prices have jumped around Australia, but a question mark surrounds the course of the latest pork price rise. There is speculation as to whether rise is an opportunistic flow-on by butchers and processors in response to previously ...