GfK’s long-running Consumer Confidence Index has increased by five points this month to -7, with retail transactions enduring post-Brexit decision as motivation to save collapses. All five measures used to calculate the index saw ...
Tags: Consumer Confidence Index, Gfk
Despite all the negative press that the Olympic Games have received, I can’t resist the draw of the drama, and hope, that they generate – from the spectacle of the opening ceremony to the dedication of the athletes and the ...
Compared with the value for May 2015, the Volkswagen Group grew deliveries to customers by 1.6 percent in May 2016 – throughout the world, a total of 871,500 vehicles were handed over to customers. In the period to May, 4.2 million ...
Tags: Volkswagen Group, steady growth
GfK’s long-running Consumer Confidence Index remained at zero in March, perhaps signalling Brexit fears. Two of the measures used to calculate it saw decreases this month, with one measure showing an increase and the remaining two ...
Tags: GfK, Joe Staton, Consumer Confidence Stalls
The recovery in air freight volumes from a weak first half of last year continued into 2016, although subdued underlying global trade conditions suggest another modest year for volumes growth, reports the IATA. Ongoing strong capacity ...
Tags: IATA, Solid, Air Freight
Bosch Packaging Technology is reportedly planning to transfer tablet presses and coaters production from its Knowsley factory in the UK to Germany over competitive concerns. The move could result in the reduction of nearly 100 jobs at ...
Two of China's largest home appliances manufacturers are predicting huge losses for 2015. Sichuan Changhong Electric Co Ltd has forecast it will slip 1.97 billion yuan ($300.3 million) into the red, a staggering 3,455 percent fall ...
Tags: home appliances, TV
Beijing's GDP growth was 6.9 percent in 2015 and it will maintain steady growth for the next year, the statistics bureau announced Thursday. Beijing's GDP was about 2.29 trillion yuan (about 350 billion U.S. dollars) in 2015 and its ...
Tags: GDP growth, Service
Taiwan consumers have continued to show lower expectations about future income and investment as well as general economic situation for the eighth-consecutive month in December, said a survey publicized Monday. The consumer confidence ...
Tags: Consumer Confidence, Keep Lowering
he Bank of Japan (BOJ) announced on Friday it would expand the size of its asset purchasing program while maintaining the same size of the monetary base, in a bid to drive wages higher and boost business spending, two mainstays of the ...
Tags: Bank of Japan Unveils, Increase Wages, Business Spending
The Communist Party of China (CPC) Central Committee has held a meeting to solicit opinions from non-communist persons on the country's economic work, according to a statement released on Monday. While presiding over the meeting, which ...
Premier Li Keqiang has pledged "firmer resolve and greater efforts" to tackle the long-standing problem of industrial overcapacity as "old growth drivers" such as manufacturing and investment continue to struggle. China is experiencing a ...
Tags: high-tech industries, Overcapacity
Chinese LED enterprises are spending a fortune in acquiring foreign manufacturers in 2015. A couple of examples include Shenzhen Kaifa Technology (Kaifa) recent acquisition of U.S. LED manufacturer Bridgelux, Shanghai Felio Acoustics ...
At the invitation of the Ministry of Commerce and Industry of India, Chinese Vice Minister of Commerce Gao Yan visited India and attended the 2015 Partner Summit held in the capital of Rajasthan Jaipur on January 15-17. Hosted by the Indian ...
Tags: trade and economic cooperation, regional economic integration
Chinese Vice Minister Gao Yan and the Vice Minister for International Affairs of Japanese Ministry of Economy, Industry and Trade (METI) Norihiko Ishiguro co-chaired the 16th regular ministerial meeting between MOFCOM and Japanese METI on ...
Tags: PV industry, Japan's manufacturing, traditional Chinese medicine