China's annual economic growth likely slowed to 7.2 percent in the fourth quarter, the weakest since the depths of the global crisis, a Reuters poll showed, which would keep pressure on policymakers to head off a sharper slowdown this year. ...
Tags: economic growth, GDP data
Sany Heavy Industry Co Ltd is planning to increase investments in emerging markets like Venezuela, as the heavy machinery maker seeks ways to sustain growth amid tough market conditions at home. The company said on Thursday that its auto ...
Tags: Heavy Industry, Emerging Markets
Chinese manufacturers signalled weaker growth momentum at the end of 2014, fresh evidence of headwinds facing the Chinese economy, a recent HSBC report showed. After adjusting for seasonal factors, the HSBC Purchasing Managers' Index ...
Tags: Manufacturing Activity
Philippines is set to receive an investment worth P500m in its poultry industry next year due to strong domestic demand and opening of new foreign markets, Philippines Department of Agriculture said. Manila Bulletin cited Agriculture ...
Tags: chicken, Agriculture
It seems that it's permeated with a festive atmosphere throughout country: Christmas Trees and tiny multicolored lights can be seen in many Chinese cities, Christmas songs can be heard in shopping centres and Christmas dinner can be seen in ...
Tags: Christmas, Chinese Characteristic
India is set for some spectacular growth in polyester production over the next 6 years, going up from just over 5 million tonnes to well over 10 million tonnes by 2020, according to Philips Gibbs, the group MD for PCI Xylenes and ...
Tags: raw material, polyester production, Textilec
China's imports shrank unexpectedly in November while export growth slowed, fuelling concerns that the world's second-largest economy could be facing a sharper slowdown and adding pressure on policymakers to ramp up stimulus measures. ...
Tags: export growth, economy
China will focus on boosting economic growth quality and efficiency in 2015 and stick to the theme of seeking progress while maintaining stability, according to a high-level meeting of the Communist Party of China (CPC) on Friday. China ...
Tags: economic growth, CPC
Brazil’s JBS buys Primo Smallgoods Australia’s largest meat processor, marketer and export JBS Australia has signed a $1.45 billion deal to acquire ham, bacon and smallgoods producer Primo Smallgoods. The brands of the Primo ...
Tags: ham, bacon, smallgoods, Agriculture
The Chinese Ministry of Commerce quoted the report released by Yonhap on Nov.2 as saying, Korea exports to China were $13.634 billion, up 3.7%. The exports keeps growing for 2 months. Intermediate goods leads the exports growth. Computer ...
Tags: Intermediate goods, petrochemical
The "new normal" theory elaborated by Chinese President Xi Jinping would be one of the hallmarks to be engraved in history by the ongoing meetings of the Asia-Pacific Economic Cooperation (APEC) in Beijing. In his speech delivered to over ...
Tags: new normal theory, APEC
Although dwindling domestic demand and excess capacity have shrunk profit margins for most Chinese steelmakers, it has inspired some to tap overseas markets for sustained, long-term growth. Hebei Iron &Steel Co, China's second-largest ...
Tags: Chinese Steelmakers, Iron, Steel
A combination of low inventories and refinery maintenance could be spurring some Chinese state-owned companies to seek gasoil imports for the fourth quarter, sources said this week. Though market sources said that state-owned trader ...
Tags: Gasoil, sulfur gasoil, crude oil
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
Economic growth in the EU has remained soft so far this year, with a particularly disappointing performance of the euro area in the second quarter, according to the Economic and Steel Market Outlook 2014-2015/Q4 2014 Report from the ...
Tags: Steel market, Steel Demand