Russia’s exposure to the global financial crisis had become unquestionable by the end of 2008.
After years of dynamic development, a result of the country’s stable economic growth, rising incomes and expansion of modern retail channels, the Russian economy started slowing down to encounter severe after-effects of the economic downturn in 2009.
After [...]
An earnings beat & bullish guidance from Chinese solar company LDK Solar sets prescedent for other solar stoicks, will they follow?
I mulled buying a solar stock (the smaller and more Chinese the better) late last week in anticipation of the speculation that happens this week, almost like clockwork – year after year. We [...]
The construction industry in Russia has been hit hard by the global economic downturn. The slowdown on the domestic construction market began in 2008 and has intensified in 2009.
The majority of construction projects have been suspended and virtually no new residential or commercial property projects have been started. For the [...]
SINOPEC Corp. held its first global lubricant distributors’ conference in Beijing, attended by over 100 partners from more than 30 countries.
The conference showed SINOPEC Lubricant’s opportunity, strength and aspiration to enter into the world market, and indicated SINOPEC Lubricant’s global market strategies for this new stage.
Mr. Zhang Jianhua, Senior Vice President of SINOPEC Corp. [...]
Moody’s Investors Service today changed Tata Steel’s outlook on its Ba1 corporate family rating to negative from stable, reflecting the change in outlook for Tata Steel UK’s rating (formerly Corus) from stable to negative.
“The change in outlook reflects the more challenging operating conditions now facing Tata Steel UK as a result of the likely dropsdeterioration [...]
A number of new reports coming out of China & other industry & economic factors point to the Aluminum Corporation of China Limited (CHALCO) entering into a new growth phase, which has me looking at the ADR from a fairly bullish stance.
Chalco (NYSE:ACH), which is by far the largest domestic producer of finished aluminium [...]
