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Bank Loans
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Asahi to Take Eur7.4bn Loans to Fund SABmiller's Assets Purchase
Mar 30, 2017Japanese beer maker Asahi Group said it will take on EUR7.4bn in bank loans to finance its purchase of SABMiller's former Central & Eastern European beer assets. Asahi said its board agreed to the loan, from Japan's Sumitomo Mitsui and ...
Tags: beer, Asahi Group
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China Promises Further Cuts to Steel Capacity
Mar 6, 2017Numerical targets to reduce coal and steel production capacity have, for the first time, been set in the annual Chinese government work report. China will reduce steel production capacity this year by around 50 million metric tons and ...
Tags: Steel Capacity, Coal
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KBA-Sheetfed Reports Increased Revenue in First Nine Months of 2016
Nov 14, 2016In the first nine months of 2016, KBA-Sheetfed achieved a 17.5% increase in revenue to €443.8m, accompanied by strong segment earnings of €17.3m. Following a good third quarter, the Koenig & Bauer Group (KBA) came substantially ...
Tags: KBA-Sheetfed, good net liquidity
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Massive Fund to Help Reform Giant SOEs
Sep 27, 2016Major Chinese State-owned enterprises have launched the nation's largest private equity fund, worth 350 billion yuan ($52.5 billion), to finance SOE restructuring as part of China's efforts to advance supply-side reform. The money will be ...
Tags: Giant SOEs, nation fund
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Invest in Infrastructure for Sustainable Growth
Jun 8, 2016China faces two separate challenges: the long-term issue of a declining potential growth rate and the immediate problem of below-potential actual growth. Indeed, the government's supply-side reform strategy will go a long way toward doing ...
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New Normal Needs New Interpretation
Dec 25, 2015China's economy has entered a "new normal" and those fretting over disappointing data in traditional sectors, will have to adapt. The structure of China's economy has changed and traditional measurements, including GDP growth and ...
Tags: economy, new Normal
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China's Home Inventory Suggests Further Policy Easing: Report
Dec 22, 2015China might introduce more easing policies in 2016 to consume unsold home inventories, a report by the Bank of Communications said, despite data from Friday showing signs of a warming market. The government could further lower the minimum ...
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TPK Announces US$600 Million Net Loss for 3q15
Nov 6, 2015Touch panel maker TPK has announced net loss of NT$19.4 billion (US$600 million), or loss per share of NT$55.15 for the third quarter of 2015. The operating loss was primarily attributable to one-off asset impairment charges on ...
Tags: 3Q15, loss, touch panel, TPK
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BHE to Invest Rs 15 Crore in Machineries for Yarn Dyeing and Sewing Threads Units
Jun 25, 2015Bhandari Hosiery Exports (BHE), an exporter and supplier of garments, plans to invest Rs 15 crore in machineries for yarn dyeing and sewing threads units at its existing facility at Ludhiana, according to media reports. BHE chairman ...
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China Wish to Achieve Further Development in The Next Stage
Jun 17, 2015It is often assumed that emerging-economy living standards are bound to converge with those in developed countries. But, leaving aside some oil exporters and the city-states of Hong Kong and Singapore, only three countries and regions ...
Tags: emerging economy, financial crisis
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Nigeria's Textiles Traders Are a Worried Lot Over The Increasing Chinese Footprint
May 27, 2015Nigeria’s textiles traders are a worried lot over the increasing Chinese footprint in the country. While the proliferation of Chinese-made textiles is a boon for low income consumers, traders in Kano, northern Nigeria’s biggest ...
Tags: textile market, textiles
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Performance of China's Financial Leasing Industry Has Been Mixed
Mar 9, 2015As China's financial environment has deteriorated, the performance of its financial leasing industry has been mixed. Financial leasing companies associated with banks have continued to receive adequate liquidity, especially because banks ...
Tags: Bank, Financial Leasing Industry
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China to Encourage The Development of Green Companies and Industries
Jan 22, 2015A guideline has been issued by The China Banking Regulatory Commission to encourage greater allocation of bank loans to companies and industries involving in environmental protection, and energy-efficiency projects. The future projects that ...
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GD Development Announced The Completion of a Rooftop PV System
Jan 12, 2015GD Development, a PV EPC (engineering, procurement, construction) contractor established by Taiwan-based solar cell maker Gintech Energy, has announced the completion of a rooftop PV system at Kaohsiung International Airport and another at ...
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Miit Spelt out New Guideline for Improving China's PV Industry
Jan 7, 2015China's Ministry of Industry and Information Technology (MIIT) has spelt out new guideline for improving China's PV industry, looking to have leading makers merge with small ones, or form strategic alliances in 2015-2017. MIIT hopes the ...
Tags: PV Industry, domestic market, Lights