- Location
Greenback
"-
Yuan Tumble Unlikely Despite Weakening
Oct 24, 2016Though the Chinese currency renminbi, or the yuan, weakened to a six-year low against the U.S. dollar Friday, analysts said a sharp drop is unlikely despite persistent depreciation pressure. The central parity rate of the yuan retreated ...
Tags: Chinese currency, renminbi
-
Taiwan's Machine Tool Makers Project Weak 2015 Revenue
Dec 31, 2015Taiwan's leading machine-tool makers including AWEA and Goodway predict missed 2015 revenue targets.Taiwan's leading machine-tool makers, including AWEA Mechantronic Co., Ltd., Goodway Machine Corp., Kao Fong Machinery Co., Ltd., and ...
Tags: AWEA Mechantronic, Goodway Machine Corp, Processing Machinery
-
Crude Futures Settle at 2008/09 Lows on Rising Dollar, Oversupply
Dec 18, 2015Crude futures settled Thursday at multi-year lows on a stronger US dollar and persistent concerns about oversupply. NYMEX January crude settled down 57 cents at $34.95/b, lowest front-month settle since February 2009. ICE February Brent ...
Tags: Crude, ULSD, crude stocks
-
Taiwan's Export Orders Received in June Increased by 2.2%
Aug 5, 2015Affected by a variety of factors, including fallout from the Greek debt crisis, slowing growth in China coupled with its recent stock market slump, steady displacement of Taiwanese suppliers by mainland Chinese counterparts, sagging ...
-
Taiwan Exported US$10.12 Billion of Machinery Down 0.4% in The First Six Months in 2015
Aug 5, 2015In the first six months of this year, Taiwan exported US$10.12 billion of machinery, including US$1.64 billion of machine tools, both of which representing year-to-year decreases, with the total export inching down 0.4 percent and the ...
Tags: machinery exports, machine tools
-
Economies Pushing More Trade in RMB
May 25, 2015South Korea, which sends around a quarter of its exports to China, is one of the few countries in the world to run a trade surplus with the Asian giant. Both countries want more of this trade to be done in yuan, which would make trade ...
Tags: trade surplus, Chinese currency
-
China Makes Effort to Stabilize Yuan Amid Depreciation
Feb 5, 2015China's central bank seems to have moved to stabilize the yuan despite mounting market sentiment that the currency has been toward the upper limit of its daily trading band for the past week. The reference rate the People's Bank of China ...
-
Taiwan's 2015 Machinery Exports to See Rough Going
Dec 30, 2014Taiwan's 2015 machinery exports to see rough going. In Jan.-Nov.2014, Taiwan shipped US$19 billion of machinery, up only 6.4% year on year, with the island's machine-tool industry having exported US$3.43 billion of equipment, growing at ...
Tags: machine-tool industry, high-performance machines, Manufacturing
-
Taiwan's Machine-Tool Makers Show Guarded Optimism About Their 2015 Outlook
Nov 13, 2014Taiwan's machine-tool makers show guarded optimism about their 2015 outlook, with over NT$10 billion (US$333.3 million) of combined orders booked and yet jittery about several potentially risky factors. According to the Taiwan ...
-
Nippon Paper Industries Will Likely Report a 25% Year-on-Year Increase
Sep 24, 2014Nippon Paper Industries will likely report a 25% year-on-year increase in operating profit to around 13 billion yen ($118 million) for the six months ending Tuesday, falling short of a prior projection of 16 billion yen amid soft corporate ...
Tags: Paper, printing paper, Office Supplies
-
Taiwan's Leading Machine-Tool Makers Will Inaugurate Expansion Plans Earlier
Feb 13, 2014Flooded by orders in the first quarter of 2014 and upbeat about business for the second quarter, Taiwan's leading machine-tool makers will inaugurate expansion plans earlier than originally scheduled. Industry executives point out that ...
Tags: Taiwan, Machine Tool, Machine Accessory, machining centers
-
Oil Prices Fell Wednesday
Jan 10, 2014Oil prices fell Wednesday as the government report showed bigger-than-expected increases in gasoline supplies of the United States. Energy Information Administration (EIA), the U.S. Energy Department's statistical arm, on Wednesday ...
Tags: Oil Prices, Mineral
-
Kasuga Chose Taiwan Over China on The Advice of Jackson Wong
Sep 11, 2013When machine-tool maker Kasuga Co. of Japan decided to open its first overseas workshop around one year ago, it chose Taiwan over China on the advice of Jackson Wong, a Hong Kong citizen operating for more than 10 years as machine trader ...
Tags: Machine Tool
-
Taiwan's Plastic and Rubber Machine Industry Experienced Declining Exports
Sep 11, 2013Mainly due to uneven recovery and ongoing systemic problems in global economies along with depreciating Japanese yen against the greenback, Taiwan's plastic and rubber machine industry experienced declining exports during the first half of ...
Tags: Plastic Extruders
-
Asian Stocks Rose and Gold Hit a Near Three-Month High
Aug 27, 2013Asian stocks rose and gold hit a near three-month high while the dollar nursed losses on Monday, extending a move started late last week when a steep drop in U.S. new home sales tempered expectations the Federal Reserve will soon reduce ...
Tags: Asian stocks, Chemicals
