Housewives compare prices every day, including Zhang Ming, a 60-year-old retired woman who frequents a supermarket in Beijing's Fengtai district. On Sunday morning, she spent 45 yuan ($7.30) on 1 kg of pork fillet. "It's amazing ...
Tags: Pork, vegetables
According to UBS AG's estimate, Apple sold 69.3 million iPhone in the last quarter. Sales in China account for 35% of the total, much more than the 24% of US. China has become Apple's biggest consumer markets for the first time. Steven ...
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
Bloomberg cited LLX Logistica SA, the Brazilian port operator headed by billionaire Mr Eike Batista saying that the most in a week after agreeing to lease space at its Acu complex to the local unit of French steel pipe maker Vallourec SA. ...
Tags: LLX Logistica SA, steel pipe, steel market, steel
As the global economic outlook remains stagnant, LED industry's peak season performance may fall short of expectations. Thus, Taiwanese LED firms such as Epistar, Unity Opto, Lextar, and Genesis Photonics underwent setbacks in the stock ...
Tags: LED, industry, China, economic outlook
Copper supply shortages will extend into the first half of next year as an accelerating Chinese economy more than doubles the pace of growth in global consumption even as mines extract a record amount of metal. According to the ...
Tags: copper, supply shortage, metal, mines extract, slowing growth
Ireland has fined UBS AG's life insurance subsidiary for violating a regulation of 2010, intending to prevent money laundering law and the financing of terrorism. The Central Bank of Ireland fined EUR65,000 and alleged that UBS had not ...
Tags: UBS AG, financing of terrorism, effective implementation