Oceania
Oceania
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Australian Dollar Was Slightly Lower as The US Dollar Continued to Strengthen
Jun 24, 2013The Australian dollar was slightly lower as the US dollar continued to strengthen following last week's news that the US central bank may wind up its economic stimulus program. At 6.30am AEST the local unit was trading at 92.12 US cents, ...
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Investors on Edge as Wall Street Attempts to Intensify About China's Bank System
Jun 22, 2013Investors around the globe are on edge amid more volatility in financial markets as Wall Street attempts to wean itself off stimulus and fears intensify about China's banking system, sending Australian shares sharply lower to the point of ...
Tags: Investors, Wall Street, Financial Markets
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Domestic Economic and Political Uncertainty Has Clearly Impacted Business Confidence
Jun 22, 2013Concerns about the global economy and political unrest in Canberra are cruelling appetite for takeovers, with some of the nation's top dealmakers tipping companies to remain on the sidelines until economic clouds clear. In a sign of the ...
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UBM Canon Packaging Group Announced The Winners of The Inaugural Visionary Awards
Jun 21, 2013UBM Canon Packaging Group announced the winners of the inaugural Visionary Awards the evening of June 19. The gala event, at the Pennsylvania Convention Center, was held in conjunction with the AmeriStar Package Awards and EastPack ...
Tags: Packaging&Printing, Packaging Industry, Visionary Awards
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Telco Giant on 7 Separate Occasions Was Found to Violate Structural Separation
Jun 21, 2013The competition watchdog has revealed that Telstra has breached measures designed to stop the telco giant from gaining unfair advantages over its rivals during the rollout of the National Broadband Network. The telco giant on seven ...
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The Extraordinary Liqueur Has a Rich Heritage Fusing Influences From Around The World.
Jun 21, 2013An innovative spirit, made with a unique blend of top-shelf vodka, pineapple, coconut and Moscato, SMOKE Liqueur blends two of the most popular trends in the spirits industry today - Ready-To-Drink cocktails and Moscato, the fastest growing ...
Tags: SMOKE Liqueur, Frosted Glass, Packaging
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Tna and Safeline Won a Partnership of The Year Award at PPMA Group Industry Awards 2013
Jun 21, 2013tna and industrial metal detection vendor Mettler Toledo Safeline have won a Partnership of the Year award at the recent PPMA Group Industry Awards 2013 from the Processing & Packaging Machinery Association for the hyper-detect metal ...
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Merchants Reported on a Markedly Restrained Demand
Jun 21, 2013Merchants reported on a markedly restrained demand. Contracts were only closed for the most necessary and immediate need. The spinning industries obviously await the further price development and currently do not worry about limited ...
Tags: Cotton Market, Apparel
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USDA:2013/14 Global Cotton Consumption Rise
Jun 21, 2013World 2013/14 cotton mill use is forecast at 110.2 million bales, up 2 percent from a year earlier. India and Pakistan are forecast to consume 23.3 million bales and 12.0 million bales, respectively, in 2013/14, an increase of 2 percent and ...
Tags: Cotton Consumption, Textile
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Aussie Slumped to a Fresh 33-Month Low as China's Economy Showed More Signs of a Slowdown
Jun 20, 2013The Aussie slumped to a fresh 33-month low today as the US central bank signalled plans to rein in its stimulus program before the end of the year and China's economy showed more signs of a slowdown. At 5pm AEST, the Aussie was trading at ...
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World 2013/14 Cotton Production Is Forecast to Decline 3 Percent
Jun 20, 2013World 2013/14 cotton production is forecast to decline 3 percent from a year ago to 117.2 million bales, as relatively higher expected crops in several major cotton countries are more than offset by declines in China and the United States. ...
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ASIC Holds off on Several Possible Changes to Equity Market Trading Rules
Jun 19, 2013The Australian Securities & Investments Commission has agreed to hold off on several possible changes to equity market trading rules, in the wake of concerns expressed by market participants and market manager ASX Limited. Yesterday's ...
Tags: ASIC, Trade Rule Changes
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Australian Dollar Fell as Speculation of Scaling-Down Stimulus Measures Boosted Greenback
Jun 19, 2013The Australian dollar fell as speculation of a scaling-down in US stimulus measures boosted the greenback. At 7am AEST the local unit was trading at 94.86 US cents, down from 94.92 cents at yesterday’s local close. With the US ...
Tags: Australian Dollar, Speculation
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Australian Shares Gained Ground as Investors Took a Cautiously Optimistic Stance
Jun 19, 2013Australian shares have gained ground as investors took a cautiously optimistic stance ahead of a keenly awaited update on economic stimulus measures in the US. The benchmark S&P/ASX200 index was up 47 points, or 0.98 per cent, at 4861.4. ...
Tags: Stocks, US Fed Meeting
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US Stocks Pushed to Highest Levels as Investors Await Fed Move on Stimulus
Jun 19, 2013US stocks pushed to the highest levels in nearly three weeks as investors await news on whether the Federal Reserve will pull back on its stimulus measures. Small-company stocks were among the best performers in Tuesday's rally, with the ...
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