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Japanese Yen
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Pakistan Textile Industry in Trouble
Apr 30, 2019More trouble for Pakistan's beleaguered textile industry. The Institute for Policy Reforms (IPR) in a report outlining structural factors that have hurt the industry, has said that the textile industry has made inadequate investment in ...
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Suzuki, Toshiba, Denso to Form JV for Automotive Lithium-Ion Battery Production in India
Apr 20, 2017Suzuki Motor, Toshiba and Denso have signed an agreement to set up a joint venture company to produce automotive lithium-ion battery packs in India. In India, higher attention is being paid to environment, and new CO2 standards for ...
Tags: Lithium-Ion Battery, Suzuki Motor
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Threshold of 7 Yuan to Dollar Not Crucial
Jan 1, 2017The yuan's so-called psychological threshold of 7 to the US dollar is not so important for the Chinese economy, analysts said on Thursday, after the central bank rejected an "irresponsible" media report that the yuan had fallen below that ...
Tags: US dollar, Chinese economy
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China Smartphone Makers Invest More in OLED Panels
Nov 24, 2016Growing number of Chinese smartphone makers are raising investments in OLED panels, including BOE Technology Group and six other major local players have constructed new factories and invested in total more than 2 trillion Japanese Yen (US ...
Tags: OLED Market, LCD
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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
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RMB Records Weakening Streak Against USD
Oct 13, 2016The central parity rate of the Chinese currency renminbi, or the yuan, weakened another 160 basis points to 6.7258 against the U.S. dollar Wednesday, according to the China Foreign Exchange Trade System (CFETS). It was the weakest level ...
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You Need to Know About Yuan's SDR Inclusion
Oct 11, 2016Chinese yuan or renminbi (RMB) has been included into the basket of special drawing right (SDR) of the International Monetary Fund (IMF) since Oct 1, marking a milestone in the internationalization of the RMB. Here are seven things you need ...
Tags: SDR Inclusion, RMB
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Renminbi's Inclusion in SDR
Oct 9, 2016"The inclusion of the renminbi in the SDR is the biggest structural event in currency markets since the creation of the euro66." This was the title of a recent article published on the Euromoney website. This neatly sums up the view of ...
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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
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RMB's Upgrade to Reserve Currency "Good News": Ex-ambassador
Dec 28, 2015The decision by the International Monetary Fund (IMF) to confer the reserve currency status on China's renminbi (RMB), "is good news," a former Chilean diplomat said. "It's good news because it acknowledges the role that the Chinese ...
Tags: RMB's Upgrade, Reserve Currency
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Nikkiso Partners up with Formosa Plastics Group to Build World’s Largest UV LED Factory in Taiwan
Dec 18, 2015Japanese UV LED manufacturer Nikkiso is collaborating with Formosa Plastics Group to build the world’s largest UV LED factory in Taiwan, reported Japanese media Nikkei. The UV LED factory will be entering mass volume production ...
Tags: UV LED, fluorescent UV lamps
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U.S. Rate Hike Clarifies China's Policy Challenges
Dec 18, 2015Yesterday'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
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RMB to Remain "Basically Stable" Against Basket of Currencies: Central Bank
Dec 16, 2015China's central bank said Monday the Chinese currency has the fundamentals to remain stable relative to a basket of currencies after a change on Friday in the way the renminbi's value is calculated. The fundamentals include a high ...
Tags: RMB, Central Bank
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A Look Into Major LED Manufacturers Global Strategy
Nov 11, 2015Globalized competition is inevitable in the LED industry with an increasing number of overseas LED companies entering Chinese market and vice versa. Chinese LED companies acquire renowned international manufacturers, fewer companies ...
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How Do Foreign Countries Punish Relic Vandals?
Nov 4, 2015A couple's scandalous behavior - carving their names on a 300-year-old vat at the Palace Museum - incited criticism among netizens, while staff at the Palace Museum said they've reported the case to the police. This kind of incident ...
Tags: Foreign Countries, Punish, Relic Vandals
