Yesterday'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
China is on a long-term track to become a net exporter of petroleum products to the Middle East, a senior official of state-controlled China National Petroleum Corp said Tuesday. "China could at some point become a net exporter of fuel ...
Tags: Oil-Product, Oil Refineries
The U.S. economy slowed drastically in the first three months of the year as a harsh winter exacted a toll on business activity. The slowdown, while worse than expected, is likely to be temporary as growth rebounds with warmer weather. ...
Tags: economy, U.S.Economy
The Renault-Nissan Alliance sold a record 8,266,098 vehicles in 2013, propelled by record sales in the car group’s two largest markets, China and the United States. Renault-Nissan's 2013 calendar-year sales, which include sales of ...
Tags: Renault-Nissan, Auto Parts
Sinopec, China largest refiners will regain large diesel oil export.It won't stop until next year because additional refining capacity lead the sharply-increasing supply. But the demand remians a anemic growth. sources said that Sinopec ...
Tags: Sinopec, Diesel Oil
Overall freight volumes in the US will grow by 63.6% to $1.3 trillion annually in 2024 and trucking will see its share of those revenues rise to 81% from 80.7% in 2012, according to ATA's U.S. Freight Transportation Forecast to 2024. The ...
Tags: Transportation, Auto Parts, freight
After posting anemic growth of 0.1% in 2012, Latin America's manufacturing sector is poised for moderate growth through 2014, according to a new report. The Manufacturers Alliance for Productivity and Innovation's Latin America ...
Tags: Processing Machinery, Machinery
While retail sales were up in April, the growth rate was less than impressive based on data released today by the United States Department of Commerce and the National Retail Federation (NRF). Commerce reported that April retail sales at ...
Tags: Processing Machinery, Commerce, NRF
Taipei, Nov. 1, 2012 (CENS)--The Directorate General of Budget, Accounting, and Statistics (DGBAS) revised downward, for the ninth time, its forecast for Taiwan's economic growth this year to 1.05% yesterday (Oct. 31). The DGBAS alerted ...
Tags: economic growth, anemic growth, The Directorate General of Budget