Undoubtedly one of the catch-phrases that Chinese stock investors like to hear most is "opening up". The government has already taken numerous steps to ease restrictions on foreign capital in the domestic stock market. You must have heard ...
Tags: stock investors, Chinese currency
Fiat Chrysler Automobiles (FCA) is expecting a drop of its net industrial debt by €715m if the Ferrari unit is spun off by the company. Reuters cited FCA's previous filing with the US market regulator SEC stating that it would ...
Tags: industrial debt, Ferrari, Auto
China's economic growth will moderate further in the next two years as domestic demand is weakened by the property downturn, UBS has forecast. "We forecast China's GDP growth to slow to 6.8 percent in 2015 and 6.5 percent in 2016. This ...
Tags: economic growth, domestic demand
Iron ore prices may be up for another dive as Chinese steel mills take a breather after the summer production peak, analysts say. The benchmark iron ore price plunged to a fresh five-year low to $US84.30 a tonne on Thursday night, and ...
Tags: Metallurgy, Mineral, Energy, Iron Ore
Westlake Chemical Partners LP, a Westlake company, announced the commencement of its initial public offering of 11,250,000 common units representing limited partner interests in the Partnership, at an anticipated initial public offering ...
US over-the-counter thermal coal prices closed mixed on Friday as traders digested the most recent weekly natural gas storage data, which propelled natural gas front-month futures to more than a five-week high in the previous session. The ...
Tags: Natural Gas, thermal coal
China is expected to increase its coal-fired capacity in 2014 and 2015 to maintain power supply security, but that might not significantly boost thermal coal prices as the market is oversupplied, analysts at UBS Securities said in a ...
Tags: Coal-Fired Capacity, Thermal Coal
A growing economy, pent-up demand, competitive mortgage rates and affordable home prices will keep housing on an upward trajectory through 2015. However, several obstacles including tight consumer credit, shortages of lots and labor and ...
Tags: Construction, Decoration
Gold is lacking direction ahead of key US employment data due Friday, with mixed views on physical demand. ANZ said in a gold report that "the $100/oz decline in gold over the past two weeks was largely the unwinding of the 'safehaven' ...
Tags: Service, employment data, Economy
Gold could have further to go on the downside as physical buying is still lacking, according to a research note published by Swiss bank UBS Wednesday. "Gold reached our one-month forecast of $1,280 this week. Despite its $100 decline from ...
Tags: Gold, Physical Buying, physical demand
A week of talking about ambitious plans for the Chinese economy was followed by a weekend of reality as key economic data were released. Journalists in Beijing flocked around a beleaguered spokesman whilst analysts elsewhere were cursing ...
Tags: Chinese economy, export data
Black Diamond Equipment named Olav Neitzer as its new brand and sales director in Europe, where it has changed its management structure in a bid to accelerate the process of bringing its innovations in climbing, skiing and mountain sports ...
Tags: Black Diamond, business acumen and intelligence, director hardgoods
Market sentiment toward gold appears to be moving from outright bearish to "neutral/slightly positive" according to UBS Strategist Edel Tully in a note published late Wednesday. Tully raised her one-month forecast by $40 to $1,280/oz. ...
Tags: Market sentiment, Mineral
Prices of copper – the bedrock industrial metal and a benchmark for gauging the strength of the global economy – are likely to soften further in the coming year as production growth is expected to exceed that of consumption. ...
Tags: Softer Copper, Industrial Metal
The price of iron ore is predicted to drop this year as growth of China's steel production slows and the supply of raw materials from international mining giants increases, according to industry experts. An estimate from UBS AG earlier ...
Tags: Iron Ore, Raw Materials