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China's Latest Five-Year Plan Could Be Its Last

Feb 24, 2017

The outline for China’s 13th five-year plan isn’t exactly summer beach reading: The 65,858-character document, which lays out in broad terms how China’s leaders want the country’s economy to develop between now and ...

Tags: five-year plan, political economy

Automakers Aim to Be More Premium Than Peers

Oct 7, 2016

More domestic car brands have demonstrated their eagerness for recognition as premium, although none of the Chinese peer group have yet revealed a strategy that will lead them to the top. Although there are previous failures that serve as ...

Tags: Geely, Automakers

Goldman Sachs Lowers 2017 Iron Ore Price Forecast $5/Dmt to $35/Dmt CFR China

Dec 18, 2015

Investment bank Goldman Sachs late Wednesday lowered its iron ore price forecast for 2017 by $5/dmt to $35/dmt CFR China after a faster-than-expected softening in seaborne prices. "Iron ore prices have reached our $40/dmt forecast one ...

Tags: iron ore price, steel

Australia's Queensland State Forecast to Receive Higher Tax Revenue From Coal Output

Dec 16, 2015

Tax revenue from coal production in the Australian state of Queensland is forecast to rise to A$1.93 billion ($1.4 billion) in fiscal year 2016-2017 (July-June), based on assumptions that hard coking coal prices will average $100/mt in the ...

Tags: coking coal, Thermal coal, Semi-soft coking coal

UBS Downgrades Everlight and Epistar Ratings

Oct 14, 2015

UBS forecasted oversupply situation in the LED industry will continue into 2016, while sliding LED prices will nullify growing shipment volume advantages, according to a Chinese-language Commercial Times report. These projected market ...

Tags: Epistar, Everlight, UBS ratings

Packaging Line Problems Solved in Situ

Apr 13, 2015

Scratches, abrasions, deformations and breakages of containers on packaging lines have negative consequences for line efficiency, cost efficiency and/or brand image. So Gebo has added two new options to its range of audits, “shocks ...

Tags: Solve Packaging, Packaging

Apple Removed The Option to Upgrade or Downgrade to Ios 8.1 on Mobile Devices

Dec 3, 2014

Apple has just removed the option to upgrade or downgrade to iOS 8.1 on mobile devices, scuppering the plans of many jailbreak hopefuls. With the Cupertino-based company having now canned the issue-hit iOS 8.1, iPhone and iPad users still ...

Tags: Consumer Electronics, Apple

Economists Downwardly Revised Their World Trade Growth Estimate for 2015 to 4 Percent

Oct 8, 2014

Economists at the World Trade Organization (WTO) have downwardly revised their world trade growth estimate for 2015 to 4 percent from the previous estimate of 5.3 percent. For 2014 also, the WTO has reduced its world trade growth ...

Tags: world trade growth, GDP growth

Fitch Ratings Has Affirmed Brazil Steelmaker Gerdau's Rating at BBB-

Aug 12, 2014

International credit rating agency Fitch Ratings has affirmed Brazil steelmaker Gerdau’s rating at BBB-, with a stable perspective, it said recently. The rating is based on Gerdau’s “position as the leading ...

Tags: Brazil, Fitch Ratings, Metallurgy, Mineral

S&P Has Affirmed Its 'bbb+' Long-Term Rating for POSCO

May 9, 2014

International credit rating agency Standard and Poor's (S&P) has announced that it has affirmed its 'BBB+' long-term rating for South Korean steelmaker POSCO, with the outlook remaining negative. S&P said that it expects POSCO's credit ...

Tags: POSCO, steel industry

Brazil Revealed Estimates of Damage to Crop Prospects From Hot and Dry Weather

Mar 14, 2014

Brazil cuts corn & soybean crop production forecasts. Brazil revealed the first estimates of damage to its crop prospects from hot and dry weather, cutting forecast for corn and soybean production, but the downgrades failed to prevent ...

Tags: Agriculture, weather, soybean, Corn

Brazil Revealed First Estimates of Damage to Its Crop Prospects From Hot and Dry Weather

Mar 13, 2014

Brazil revealed the first estimates of damage to its crop prospects from hot and dry weather, cutting forecast for corn and soybean production, but the downgrades failed to prevent a tumble in Chicago futures. The Conab crop bureau cut by ...

Tags: corn and soybean production, lack of rainfall, influenced by climate

The Facebook Deal for WhatsApp Drew Attention for Its Whopping Price Tag

Feb 20, 2014

The Facebook deal for WhatsApp drew attention for its whopping price tag, but has also brought out fresh criticism over security for the billions of messages delivered on the platform. WhatsApp, which is to be acquired for $19 billion, ...

Tags: Consumer Electronics, Electronics

Edwards Received Regulatory Approval to Sell Sapien 3 Transcatheter Aortic Heart Valve

Feb 11, 2014

Edwards Lifesciences has received regulatory approval to sell its third-generation Sapien 3 transcatheter aortic heart valve in Europe. Edwards Lifescience's Sapien 3 could be used in a broader range of patients than earlier TAVR ...

Tags: Sapien, Medtronic', CoreValve

Six Major Japanese Electronic Components Manufacturers Announced Higher Profits

Feb 10, 2014

TOKYO --- As if in lockstep, six major Japanese electronic components manufacturers had announced by Friday markedly higher profits for the nine months ended Dec. 31. Murata Mfg. Co.'s net profit jumped 140% on the year to 74.6 billion ...

Tags: electronic components

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