4 February 2019: Reliance Communications Limited spokesperson said: 1. Reliance Communications Limited (RCOM) today moved the National Company Law Appellate Tribunal (NCLAT) for withdrawal of its appeal, to pursue the resolution plan through National Company Law Tribunal (NCLT) process. 2…. Read More ›
China
Wittur AG adj.ebitda up 16.1%yoy on back of robust growth in its Asian business
Wittur AG, the German elevator component manufacturer, in its preliminary FY15 earnings release reported a 12.7% YoY increase in top-line to EUR 588. Previously in 9M15, revenues and adjusted EBITDA had increased 16.8% YoY and 16.1% YoY to EUR 455m… Read More ›
EQUITY UPDATE: 17 AUGUST 2012
ASIA Japan would soon overtake China to become the biggest creditor to the U.S as it purchased USD 10.4 b of Treasuries in June to take its total to USD 61.3 b. total holdings in U.S Treasuries came in at… Read More ›
CHINA’S EXPORTS FOR JULY DECLINE 1%, BELOW ESTIMATES; IMPORTS RISE 4.7% (y/y)
China’s saw declining growth in exports and imports for July on concerns of a slowing economy. The data saw exports decline 1 percent on a y.y basis for July vs exp. 8 percent rise vs rise of 11.3 percent in… Read More ›
EQUITY UPDATE: 28 JULY 2012
ASIA China is considering shutting down operations of co.’s which are nearing bankruptcies in an attempt to increase competitiveness and transform the automotive sector. The industry is faced by overcapacity and the government plans to overhaul the industry. (China Daily)… Read More ›
JAPAN EXPORTS DECLINE 2.3% IN JUNE
Japan’s exports declined 2.3 percent in June on a y/y basis vs expectations of a decline of 3 percent. Slowdown in exports to Europe, China contributed to the decline. Trade balance for June came in at a surplus of JPY… Read More ›
APPLE LAUNCHES STORES IN CHINA
Apple Inc – Co. launched the latest version of its IPad in China. Launch of the product was a low key affair as against its previous launches. Apple was involved in various lawsuits in China, one being where it had… Read More ›
