Tuesday, July 29, 2014   

German machine tool orders improve
(01-13 17:29)

Rising export demand boosted Germany's key mechanical engineering sector in November, the VDMA industry federation said.
The manufacture of machine tools is an important part of Germany's industrial and export performance.
Overall incoming orders were up by 7 percent in November compared with the level in same month in 2012, VDMA said in a statement. Export orders jumped by 12 percent while domestic orders were down by 1 percent.
However, taking a three-month comparison to iron out short-term fluctuations, overall orders were down by 3 percent in the period from September to November, with foreign orders falling by 7 percent, while domestic orders grew by 5 percent, VDMA calculated.—AFP


   
Other Business breaking news:
Hang Seng up at lunch (16 mins ago)
Japan household spending down in June (1 hr 14 mins ago)
Japan jobless rate up (1 hr 34 mins ago)
SKorea current account surplus narrows in June (1 hr 36 mins ago)
Nikkei inches up at mid-day (1 hr 50 mins ago)
Hang Seng, Shanghai end higher (07-28 16:32)
Nissan profit surges in April-June period (07-28 15:47)
Australia approves India-backed mine (07-28 15:46)
European stocks open higher (07-28 15:21)
Nikkei reaches new six-month high (07-28 14:30)

More breaking news >>

© 2014 The Standard, The Standard Newspapers Publishing Ltd.
Contact Us | About Us | Newsfeeds | Subscriptions | Print Ad. | Online Ad. | Street Pts

 


Home | Top News | Local | Business | China | ViewPoint | CityTalk | World | Sports | People | Central Station | Spree | Features

The Standard

Trademark and Copyright Notice: Copyright 2014, The Standard Newspaper Publishing Ltd., and its related entities. All rights reserved.  Use in whole or part of this site's content is prohibited.   Use of this Web site assumes acceptance of the
Terms of Use, Privacy Policy Statement and Copyright Policy.  Please also read our Ethics Statement.