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Business : Page 1346

South Korea's export profitability weakens
South Korea exportJune 13, 2014 ET
Profitability among South Korean exporters continued to worsen last month as export prices fell for three straight months amid the local currency's ascent to the U.S. dollar, central bank data showed.
China Mobile 4G network set to be biggest in world
China MobileJune 13, 2014 ET
China Mobile Corp's fourth-generation telecom network has accumulated 6.5 million users since its launch six months ago, company executives said.
China's forex reserves rise to $4 trillion
China forex reservesJune 13, 2014 ET
China's foreign exchange reserves have risen to around $4 trillion, said Guan Tao, head of the balance of payment department under the State Administration of Foreign Exchange in an online interview on the Chinese government website.
Worldwide smartphone usage to grow 25% in 2014
SmartphonesJune 12, 2014 ET
Consumers around the world are rushing into the embrace of the smartphone market, according to new figures from eMarketer on mobile usage worldwide.
Coffee exports from Brazil to Arabs up 20%
CoffeeJune 12, 2014 ET
Brazil exported more than 655,000 60-kilogram bags of coffee to Arab countries from January to May this year, up 20% from the same period in 2013, according to the Brazilian Coffee Exporter Council (Cecafe).
New law to protect children in Vermont from chemicals
Vermont children toysJune 12, 2014 ET
Governor Peter Shumli signed into law a bill requiring manufacturers of products with toxic chemicals that can cause harmful health effects to disclose when those chemicals are present in children’s products.
Rhode Island to fund youth summer work
Lincoln D. ChafeeJune 12, 2014 ET
Governor Lincoln D. Chafee announced $2.1 million in state and federal funding for youth summer work experiences.
Dutch economy shows real signs of improvement
Dutch Central Bank DNBJune 12, 2014 ET
The Dutch economy is improving slowly but surely this year, and will further accelerate in 2015 and 2016, the Dutch Central Bank DNB said in its half-year report.
World Bank lowers projection for 2014
World bank projectionJune 12, 2014 ET
The World Bank lowered its projection for this year's global economic outlook, as developing countries are heading for "disappointing growth," while high-income countries are gaining momentum.
Utah best in business friendliness, again
UtahJune 11, 2014 ET
For the second year in a row, Utah has emerged as the top state for business friendliness in the third annual Thumbtack.com Small Business Friendliness Survey.
Britain tops FDI destination ranking in Europe
BritainJune 11, 2014 ET
Britain was the most attractive destination in Europe for foreign direct investment in 2013 due to its "quality of life, diversity, culture and language," a survey published Monday said.
Turkey's GDP grows 4.3% in Q1
TurkeyJune 11, 2014 ET
Turkey's economy grew faster than expected in first quarter of 2014 at a rate of 4.3 percent year-on- year, official figures showed.

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