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    U.S. sets preliminary penalties on Chinese wire decking

    11-04-2009
  • The U.S. Commerce Department said on Tuesday that it has set preliminary countervailing duties (CVD) on imports of steel wire decking from China, a move that might escalate trade disputes between the two countries. The..

    • U.S. factory orders rise 0.9% in September

    11-04-2009
  • New orders for manufactured goods to U.S. factories rose by 0.9 percent in September, the fifth increase in six months, the Commerce Department reported Tuesday. The 0.9 percent gain is slightly better than the 0.8 per..

    • Morgan Stanley downgrades semiconductor industry

    11-04-2009
  • Morgan Stanley cut its rating on the semiconductor industry to cautious from attractive on Tuesday, warning the risk of an inventory buildup and growth peak. In a note to clients, the investment bank said the pace in t..

    • Novartis announces new investment in China to increase R&D act..

    11-04-2009
  • Swiss pharmaceutical giant Novartis announced on Tuesday that it would invest 1 billion U.S. dollars in China over the next five years, with a main aim to increase R&D activities in the country. The new investment ..

    • Indonesia exports forecast to drop by 20% in 2009

    11-04-2009
  • Indonesian Trade Minister Mari ElkaPangestu said on Tuesday that the country's exports were predicted to decrease by 20 percent and non-oil-and gas exports by15 percent this year, better than earlier prediction at the be..

    • Carmakers keen on auto finance arms

    11-04-2009
  • Carol Ma could never imagine that she would own her second car, a BMW 525i, so soon. "Just after the salesman introduced BMW's auto financing service to me, I made up my mind straight away at the 4S store, attracted by..

    • Hong Kong's October flat sales down 23% from previous month

    11-04-2009
  • The number of sale and purchase agreements for all building units in Hong Kong in October was 11,112, up 83.5 percent year on year but down 23 percent from the previous month, the city's Land Registry said Tuesday. The..

    • Stockpiles to lead China steel products price decline in Q4 : ..

    11-04-2009
  • China could see a drop in steel products price on the domestic market in the fourth quarter due increasing stockpiles of rolled steel and billet, warned the China Iron & Steel Association (CISA) Tuesday. CISA figur..

    • IMF sells 200 tons of gold to India

    11-03-2009
  • The International Monetary Fund announced on Monday the sale of 200 tons of gold to India's central bank, almost half the total sales volume of 403.3 tons that was approved by the Executive Board in September. "I stron..

    • French car sales jump 20% in October

    11-03-2009
  • Sales of new cars in France exceeded 210,000 in October, an year-on-year increase of over 20 percent, the French Car Makers Association (CCFA) said Monday. Thanks to the government's stimulus program, the French car br..