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How to Buy Chinese Wholesale Goods in Russia
Jun 11, 2019What makes Russia the Perfect Trading Partner with China China is a critical player in international trade. Currently, China is the world's largest trading nation, manufacturing economy, and exporter of goods. In addition, it is also the ...
Tags: Wholesale
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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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SunMoon Food Deploys Oracle's Netsuite Oneworld for Global Expansion
Nov 9, 2017SunMoon Food Company, a global distributor of fruit and food products, has implemented Oracle's NetSuite OneWorld to support its global growth, and increase overall productivity and efficiency. In just five months, NetSuite OneWorld ...
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Bemis' Global Packaging Net Sales Increases in Q1 2017
May 2, 2017Bemis Company has reported financial results for its first quarter ended 31 March, 2017. Initiatives to Improve U.S. Packaging Operations and Profitability As part of the Company’s efforts to improve the profitability of its U.S. ...
Tags: Packaging, Bemis Company
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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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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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Walmart Outlines Plan to Win with Customers, including E-commerce Acceleration, at Meeting for Investment Community Today
Oct 13, 2016The company reiterates fiscal year 2017 GAAP EPS guidance of $4.29 to $4.49, or adjusted EPS1 guidance of $4.15 to $4.35. For fiscal year 2018, the company expects GAAP EPS to be relatively flat to fiscal year 2017 adjusted EPS1. ...
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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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Nine Dragons Paper Announces Fy2016 Annual Results
Sep 27, 2016Nine Dragons Paper announced the audited consolidated results of the company and its subsidiaries for the year ended 30 June 2016. The Board has declared and approved a final dividend of RMB 8 cents per share, and special dividend of RMB ...
Tags: Nine Dragons Paper, annual results
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Steinhoff Reports Steady Uk Retail Growth
Sep 13, 2016Steinhoff International has published its unaudited results for 12 months ended 30th June 2016. As indicated previously, the group reports unaudited revenue growth of 33% to €13.1b, while operating profit improved by 32% to ...
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Mondi Reports Half-Yearly Results for Six Months Ended June 2016
Aug 9, 2016Mondi announced half-yearly results for the six months ended 30 June 2016. Highlights Continued strong financial performance on all key metrics Underlying operating profit of €529 million, up 8% Underlying earnings of ...
Tags: metricsUnderlying, Uncoated Fine Paper, Fibre Packaging
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CCL Industries Reports 2016 Second Quarter Results
Aug 9, 2016CCL Industries, a specialty label and packaging solutions for global corporations, small businesses and consumers, reported 2016 second quarter results. Sales for the second quarter of 2016 increased 33.1% to $960.2 million, compared to ...
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IHS Says Brexit Could Cost Automakers 2.8 Million Vehicle Sales Through 2018
Jul 5, 2016IHS Automotive forecasts that the UK's vote to leave the European Union could cost automakers about 2.8 million light-vehicle sales through 2018. The research firm expects global deliveries to rise to 89.82 million this year, or about ...
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