With falling home prices and slowing growth, Beijing already has plenty on its plate. Such challenges are now fueling concerns about how the current Russian currency turmoil will impact the world’s second largest economy, and ...
Tags: Currency Depreciation, home prices, rubble
China is likely to slash gasoline and diesel prices in the coming week due to sluggish domestic demands and a continuing crude price slump in the global market. The modern industries and living environments are built on the base of ...
Tags: Oil Prices, Mineral
The Finance Ministry announced it would lower import tariffs on some goods including camera lens from January 1 to support industrial development and to refine the trade mix. The ministry said applocable imports included manufacturing ...
Tags: Import Tariffs, Camera Lenses
Shares of Geely Automobile Holdings Ltd suffered their steepest one-day drop in 12 years, after the Chinese automaker said 2014 profit may halve due to slumping exports and currency losses from operations in Russia - its biggest overseas ...
Tags: Geely Auto, Ruble's Sharp Fall
There's less corn and fewer soybeans on hand in the U.S. right now than the trade expected heading into Wednesday's monthly World Agricultural Supply and Demand Estimates and Crop Production report. Wednesday's WASDE report shows a ...
Tags: Grain Prices, Corn, Soybean
China's consumer prices in November grew by their slowest pace in five years, official data showed on Wednesday, raising the probability of more easing measures by the central bank. China's consumer price index (CPI), the main gauge of ...
Tags: consumer prices, November's CPI
The International Air Transport Association (IATA) has reported an improvement in airlines’ financial well-being. Worldwide airline share prices rose 14% in November, supported by continued decline in the price of crude oil and jet ...
Russia exxon mobil oil companies and the United States announced that the two sides had reached an agreement, a joint exploration and mining of the Russian arctic shelf oil and gas on August 30. This is the most important cooperation ...
Speakers at the 9th Annual Forum of the Gulf Petrochemicals and Chemicals Association (GPCA) stressed on the fact that the Gulf Cooperation Council (GCC) petrochemicals sector has to leverage opportunities in order to overcome challenges ...
In the domestic exported sales decline situation, FOTON AUMAN can achieve growth trend this year. On November 20th, FOTON delivery ceremony was held in Jakarta. And FOTON signed an export contract of 75 units of CNG vehicles with ...
Tags: domestic exported, FOTON AUMAN, Auto
The Grib diamond mine in Russia, owned by the somewhat unlikely candidate of oil supplier Lukoil, is arguably the most prospective of the new generation of diamond mines. Therefore, its launch of commercial mining earlier this year and the ...
Tags: Grib Diamonds, Diamonds
Volkswagen's Spanish division SEAT is expected to stop selling its cars in Russia due to weak sales following economic downturn and its impact on local currency. Apart from other industries, cars have been hit badly due to the economic ...
Tags: economic downturn, oil prices, Auto
Adjusted EBITDA in the third quarter of 2014, at the world’s largest producer of Methanol and Canada-based Methanex slipped 14.37% from second quarter of 2014. Methanex said adjusted EBITDA fell 14.37% sequentially quarter on ...
Tags: Adjusted EBITDA, Methanol, Textile
Thailand based, Indorama Ventures Public Company Limited (IVL) said in the first nine months of fiscal 2014, its core net profit skyrocketed in triple digits, from the same period of previous fiscal year. IVL, a producer of intermediate ...
Tags: intermediate petrochemicals, crude oil prices, Textile
Price slumps in the global commodity market continued to allow China to spend less while importing more, helping China save on enormous import bills, latest customs data showed. In the first ten months of this year, China imported 252.6 ...
Tags: commodity market, crude oil