Chinese leaders and economists have said China must up its game to boost export growth against the backdrop of an anemic global economic recovery. SIX-PERCENT GROWTH Commerce Minister Gao Hucheng said on Saturday that China is confident ...
Tags: economic growth, export growth
In its 2015 economic forecast, the National Retail Federation (NRF) projected retail industry sales, excluding automobiles, gas stations, and restaurants will increase 4.1 per cent*, up from the 3.5 per in 2014. The 4.1 per cent growth ...
Tags: automobiles, gas stations, Textile
Gold futures on the COMEX division of the New York Mercantile Exchange rose on Monday as U.S. equities weakened and the dollar fell. The most active gold contract for April delivery rose 6.9 U.S. dollars, or 0.56 percent, to settle at ...
Tags: Gold futures, Physical demand
Due to the euro zone, Japan and some emerging economies disappointing economic prospects, offset by a drop in oil prices brought the global economy, the World Bank cut down global economic growth forecasts on January 13, 2015 and 2016. ...
Tags: Economy, Global Economy
Posted in Medical Device Business by Nancy Crotti on January 14, 2015 As the U.S. dollar strengthens amid global economic uncertainty, travelers aren’t the only ones affected. Major medtech companies including St. Jude Medical and ...
Tags: Medical Device, Health
The International Air Transport Association (IATA) has released its air cargo report and outlook. Air freight volumes continue to show solid gains on a year ago, supported by improving growth in trade in some regions, but weakness in load ...
Tags: load factors, yields, Service
Global DRAM bit demand growth will be higher that of bit supply growth in the fourth quarter of 2014, easing pressure on the prices of DRAM chips in the quarter, according to Digitimes Research. However, DRAM chip prices still may face ...
The world's second biggest steelmaker Japan-based Nippon Steel & Sumitomo Metal Corp. (NSSMC) has announced its financial results for the first quarter ended June 30 of the financial year 2014-15, posting a net profit of JPY 48.3 billion ...
Tags: NSSMC, announce, financial results
According to the short-range outlook report issued by IREPAS, the global association of producers and exporters of long steel products, the global long steel products market is still characterized by uncertainty amid the adverse effects of ...
Tags: Long Steel Demand, steel products
The IATA reports that growth in air freight markets moderated in February, rising 2.9% compared to a year ago, down on the 4.3% increase in January. But combining the first two months of the year shows there has been a solid 3.6% gain in ...
Tags: Air Freight, Service
BASF increased sales and earnings in 2013 compared with the previous year. “2013 was again a demanding year, with a lot of headwind for our industry. Nevertheless, we achieved our goal: We sold more, worked more closely together with ...
Tags: BASF, Construction Coating
Cotton plantings for 2014/15 will start in a few months in the northern hemisphere, which accounts for about 90% of world production. World area is expected to decline due mostly to the expected decline in China. In 2013/14, the ...
Tags: Cotton Market, Soybeans, Textile
Flat glass prices climbed 1.3 percent from October to November, according to the latest Producer Price Index (PPI) report issued by the U.S. Labor Department. It's welcome news for an industry that saw prices fall precipitously during the ...
Tags: Flat Glass, Glass, Construction, Decoration
At the 75th Organization for Economic Co-operation and Development (OECD) Steel Committee meeting held in Paris on December 5-6, the participants discussed the slow growth prospects in the global steel market, exchanged views on the effect ...
Tags: steel, metallurgy, OECD
Flat glass is a type of glass that consist of raw materials such as soda ash and sand processed through float glass process. Flat glass includes building flat glass, automotive flat glass, and special flat glass. It is used in curtain ...
Tags: Flat Glass, Glass