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<!–*/ */ /*–>*/ (RTTNews) – The China stock market moved lower again on Wednesday, one session after it had ended the two-day losing streak in which it had faded not even two points. The Shanghai Composite Index now rests just above the 3,065-point plateau although it figures to bounce higher again on Thursday. The global forecast for the Asian markets is upbeat on easing geopolitical tensions in the Middle East. The European and U.S. markets were up and the Asian bourses figure to open in similar fashion. The SCI finished sharply lower on Wednesday following losses from the financials, properties and insurance companies, while the oil companies offered support. For the day, the index dropped 37.91 points or 1.22 percent to finish at 3,066.89 after trading between 3,059.13 and 3,094.24. The Shenzhen Composite Index sank 22.27 points or 1.24 percent to end at 1,769.58. Among the actives, Industrial and Commercial Bank of China skidded 1.66 percent, while Bank of China shed 0.81 percent, China Construction Bank sank 1.24 percent, China Merchants Bank tumbled 1.89 percent, China Life Insurance plunged 2.87 percent, Ping An Insurance retreated 1.33 percent, P...

Preview of the exhibitors at Advanced Engineering 2018

Aerospace Manufacturing previews some of the exhibitors expected at this year’s upcoming Advanced Engineering 2018, being held on October 31st and November 1st at the NEC Birmingham. We begin our rundown with XYZ Machine Tools (Stand CM40). Central to the stand will be the UMC-5X simultaneous 5-axis, gantry-style, machining centre. The level of technology included as standard with the XYZ UMC-5X is introducing a whole new group of potential customers to the benefits of simultaneous 5-axis machining. The UMC-5X is available at a very competitive price point, yet comes with innovative technology such as Traori/Kinematic functions for 5-axis simultaneous machining, as well as integrated Smart Machining Technology (SMT) and thermal growth compensation. The control system can be either the Siemens 840DSL ShopMill or, the Heidenhain iTNC 640 HSCI system. Both controls ensuring high precision, high speed, simultaneous 5-axis machining. Other key features are the front loading 600mm diameter trunnion rotary table, with a high accuracy, direct drive, high torque motor providing 90rpm rotation of the table. The tilting axes are servo worm driven (torque motor option) that provides ±120° ...