Tuesday, February 12, 2008

Government Procurement in China Hits Record

by Richard York

The Chinese government procurement reached new heights in the year that concluded and the procurement by the government stood at about 400 billion Yuan which is $55.6 billion. The procurement of services and goods of China in the previous year had stood at 368.1 billion Yuan. These were the preliminary figures that were released by [...]

Indian Household Expenditure Rising (NSSO Finding)

by Phillip Horton

Overview
The growing Indian economy is now showing its profits in the households across India, a new finding by the NSSO survey confirms. The purchasing power of the Indian middle class has also risen. However, the results for the rural and the urban sector vary. Nonetheless, the findings confirm the growing power of the Indian [...]

Monday, February 11, 2008

Thermal Coal Prices Rise in Newcastle as Chinese Supply Drop

by Michelle Roberts

The recent snowstorms in China have adversely hit the prices of thermal coal. The Newcastle port of Australia which is used as a standard for Asia in this matter has recorded increasing rise in the prices of thermal coal. The prices for the thermal coal continued to rise for the third week in a row. [...]

Chinese GDP Rises by Almost 11.4 Percent

by Richard York

The fast growing economy of China has yet again proved itself because the official figures released by the Chinese government indicate that the economy expanded by almost 11.4%. This expansion of the Chinese economy is the fastest one in thirteen years which was recorded in the year 2007. China managed this expansion even if there [...]

Indian Diamond Exports to the US on the Decline

by Phillip Horton

The shining Indian diamond exports to the United States are on the decline and have left many traders in this sector worrying. Among the major reasons cited for this slowdown in the Indian diamond exports to the United States experts say that the slowdown in the US and the rising value of the Indian rupee [...]

Friday, February 8, 2008

Indonesian Rates Unchanged Despite Increasing Inflation Target

by Michelle Roberts

The Central Bank of Indonesia retained the standard interest rates even for the second month even when it had increased the inflation target for the current year. The Indonesian governor Burhanuddin Abdullah along with his colleagues retained the rates which are the reference rates for the bill sales staying at eight percent, the statement by [...]

Chinese Grain Yield Unaffected by Heavy Snow Storms

by Richard York

The grain harvest of China for the current year is expected to remain steady despite the heavy snow that has assumed a worsened form as compared to the last five decades. The fact was confirmed by the State Grain Administration or SGA of China. The SGA has said that if there are no more natural [...]

Indian Spice Export Rising with $1 Billion Expected for 2007-08

by Phillip Horton

The spices of India were the main attraction for colonizers like the British, Portuguese and others and this has not yet ceased. According to the speculators in the spice trade, the Indian spice business is not only growing but also taking huge strides in the sector and its growth in the future is sure to [...]

« Previous Page