Oceania Economy news, Markets and Business Trends - Made-in-China.com

Group Also Posted a 60% Rise in Underlying Earnings Per Share

Aug 8, 2013

The group also posted a 60% rise in underlying earnings per share (EPS) to €49.4 cents for the six months ended June 2013. Group revenue rose to €3.342bn from €2.819bn. Underlying operating profit was 35% higher at ...

Tags: Packaging, Printing

Australia's Seasonally Adjusted Unemployment Rate Remained Steady at 5.7% in July

Aug 8, 2013

Australia's seasonally adjusted unemployment rate remained steady at 5.7 per cent in July, as announced by the Australian Bureau of Statistics (ABS) today. The ABS reported the number of people employed decreased by 10,200 to 11,653,200 ...

Tags: Service, Unemployment Rate

ArcelorMittal Announces a Huge Second Quarter Loss

Aug 6, 2013

ArcelorMittal, the world's largest manufacturer of steel announced a huge second quarter loss. The Luxembourg based steelmaker reportedly recorded a second quarter loss of US$780 million, taking losses incurred by the company thus far ...

Tags: ArcelorMittal, Mineral

Alba Releases Its Financial Result for The First Half of This Year

Aug 6, 2013

Aluminium Bahrain (Alba), one of the largest aluminum smelters in the world released its financial result for the first half of this year. In the first half of this year, Alba’s sales profits increased by 7% year on year even ...

Tags: Aluminium Bahrain, Mineral

Dow Corning Announced Sales of $2.69 Billion and Net Income of $149 Million

Aug 5, 2013

On July 31, Dow Corning Corp. announced sales of $2.69 billion and net income of $149 million for the first half of 2013. Dow Corning's year-to-date sales and adjusted net income were down 13 percent and 9 percent, respectively, compared to ...

Tags: economy

BASF Increased Sales by 3% in The Second Quarter of 2013 to Just Under €18.4 Billion

Aug 5, 2013

BASF increased sales by 3% in the second quarter of 2013 to just under €18.4 billion thanks to higher sales volumes in all segments. Income from operations (EBIT) before special items decreased by 5% to around €1.8 billion. In the ...

Tags: Construction, Decoration

The Course of The First Half of 2013 for Titan Cement Company

Aug 5, 2013

In the course of the first half of 2013, Titan further strengthened its fundamental financial metrics, increasing sales, generating positive free cash flow and further reducing net debt. The robust recovery in the USA and resilient demand ...

Tags: Construction, Decoration

Australian Share Market Edged Higher as Investors React to Positive News out of China

Aug 2, 2013

THE Australian share market has edged higher as investors react to positive news out of China and uncertainty in the US. The S&P/ASX 200 dropped off in afternoon trade today, which Stock Report analyst Benny Sada said reflected market ...

Tags: economy, Share Market

Australian Dollar Sank Below US90 Cents Overnight for The First Time Since September 2010

Aug 2, 2013

THE Australian dollar sank below US90 cents overnight for the first time since September 2010, as good US economic data and a Federal Reserve announcement provided mixed messages for currency investors. At 7am AEST on Thursday, the local ...

Tags: economy, dollar

Australian Dollar Is Lower Following a Dovish Speech by Reserve Bank Boss Glenn Stevens

Aug 2, 2013

THE Australian dollar is lower following a dovish speech by Reserve Bank boss Glenn Stevens that hinted at another rate cut next week. At 5pm AEST the local unit was trading at 90.16 US cents, down from 90.63 cents yesterday. The ...

Tags: Dollar, economy

Australian Dollar Was Half a US Cent Lower After Wall Street Stocks Lost Ground

Jul 31, 2013

The Australian dollar was half a US cent lower after Wall Street stocks lost ground ahead of the US Federal Reserve meeting later in the week. At 6.30am AEST the local unit was trading at 92.00 US cents, down from 92.45 cents at ...

Tags: Australian Dollar, Service

Australian Dollar Is Lower After Reserve Bank Governor Glenn Stevens Hinted

Jul 31, 2013

The Australian dollar is lower after Reserve Bank governor Glenn Stevens hinted there could be another cash rate cut next week. At 5pm AEST the local unit was trading at 90.63 US cents, down from 92.45 cents yesterday. The futures ...

Tags: Australian dollar, Reserve Bank

Australian Share Market Has Outperformed Others in The Asian Region

Jul 30, 2013

The Australian share market has outperformed others in the Asian region, as strength in the banking sector pushed it higher. Commonwealth Bank shares closed at a record high, and its three rivals also posted strong gains. That helped ...

Tags: share market

Your Vision Will Be Clogged with Ads When You Wear Google Glass Down The Street

Jul 26, 2013

Forget the parody videos that claim your vision will be clogged with ads when you wear Google Glass down the street. The little virtual display screen you see at the top right-hand doesn't dominate your view at all. You see it by focusing ...

Tags: Australian Shares, Election Announcement

Australian Dollar Was Weaker as Markets Warmed Again to The Idea

Jul 26, 2013

The Australian dollar was weaker as markets warmed again to the idea that the central bank will cut interest rates next month. "Domestic press speculation of an RBA rate cut in early August has weighed on the Australian dollar," RBC ...

Tags: Australian Dollar

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