Oceania
Oceania
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Sharemarket Falls as Offshore Sellers Continued to Pound The Resources Sector
May 17, 2013THE sharemarket recorded its first two-day fall for the past two weeks yesterday as offshore sellers continued to pound the resources sector and share index futures on the back of weakening commodity prices and recent profit warnings in the ...
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US Steel Service Center's Shipments in April,Increasing by 2.1% Year on Year
May 17, 2013According to data released by Metals Service Center Institute (MSCI), the US steel service center’s shipments totaled 3.63 million short tons in April, increasing by 2.1% year on year and rising by 5.8% from a month ago. In April, the ...
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The Quotations of The CIF Bremen Index Moved to a Level Last Recognized Two Weeks Before
May 17, 2013After a sharp fall of the ICE futures at the end of the previous calendar week the quotations of the CIF Bremen Index moved to a level last recognized two weeks before. One reason for the downturn of prices was obviously the release of ...
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Suryalakshmi Cotton Mills Reported Its Audited Profit & Revenue Numbers with a 5.11 % Rise
May 17, 2013One of the leading denim manufacturers in India, Suryalakshmi Cotton Mills Ltd, reported its annual audited profit & revenue numbers with a 5.11 % rise in revenue and a robust 7.28 % jump in the net profit for the year ended on March 31, ...
Tags: Cotton Mills, Cotton
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Flat Glass Prices Saw a Slight Decrease of 0.9 Percent
May 17, 2013Flat glass prices saw a slight decrease—just 0.9 percent—from March to April, according to the latest Producer Price Index Report from the U.S. Labor Department. The index was listed at 115.8 for April, compared with 116.8 for ...
Tags: Flat Glass Prices, Flat Glass
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Raute Posted 55% Higher Sales Than in The Same Period of Last Year
May 17, 2013In the first quarter, the Finnish machinery and plant engineering company Raute posted 55% higher sales than in the same period of last year at €23.4m. Last year’s relatively low level must be taken into account when comparing ...
Tags: Raute, Construction
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Dollar Continued to Test Fresh 11-Month Lows as Economic Outlook Damps Sentiment
May 16, 2013The dollar continued to test fresh 11-month lows, extending a week-long decline built on rising concerns about the outlook for the resources-rich economy and renewed strength in the US dollar. Late today, the Aussie was trading at ...
Tags: Dollar Down, Service, Economic Outlook
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Australian Dollar Opened Below 99 US Cents as Rally on Wall Street Boosted Greenback
May 16, 2013The Australian dollar opened below 99 US cents as another rally on Wall Street boosted the greenback. At 7am AEST, the local currency was trading at 98.92 US cents, down from yesterday’s local close of 99.80 US cents, marking the ...
Tags: Dollar, US Markets, Service
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Italy's Textile Machinery Sector Has Opened 2013 with a Negative Order Intake
May 16, 2013MILAN — May 2013 — Following a 2012 already suffering from an 11% drop in production, Italy's textile machinery sector has opened 2013 with a negative order intake compared to the previous quarter. Based on an economic survey ...
Tags: Textile Machinery, Textile
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Import Volume at The Nation's Major Retail Container Ports Is Expected to Increase 3.3%
May 16, 2013Import volume at the nation’s major retail container ports is expected to increase 3.3 percent in May over the same month last year but growth could trickle to a standstill by the end of the summer, according to the monthly Global ...
Tags: NRF, Retail Import
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Cotton Growers of Cameroon Have Sold 221,000 Tons of Cotton in Market During 2012-13
May 16, 2013Cotton growers of Cameroon have sold 221,000 tons of cotton in the market during the crop season 2012-13, according to Cameroon National Confederation of Cotton Producers (CNPCC). The amount of cotton brought by farmers to the market ...
Tags: Cotton Output, Cotton
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Post Holdings Reporte That Its Net Earnings for The Second Quarter of 2013 Decreased 51.4%
May 16, 2013Post Holdings, the parent company of Post Foods and a manufacturer of ready-to-eat cereals, has reported that its net earnings for the second quarter of 2013 decreased 51.4% to $5.1m, compared with $10.5m for the same period in 2012. For ...
Tags: Attune Foods, Food
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The Unemployment Rate of The 34 Organisation Decreased to Eight Percent
May 15, 2013In March this year, the unemployment rate of the 34 Organisation for Economic Co-operation and Development (OECD) member countries decreased to eight percent, compared to the 8.1 percent recorded in the previous month, according to new ...
Tags: Unemployment Rate, OECD
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Sharemarket Rose for a Third-Consecutive Session After Dollar Weakened Further Overnight
May 15, 2013The sharemarket rose for a third-consecutive session after the dollar weakened further overnight. Non-resources companies with US dollar income remained in demand, although commodity price falls restrained the resources sector. The ...
Tags: Stocks, Aussie Fall
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Rebounding Stockmarket Promises to Save Them From The Fate of Their Peers
May 15, 2013In keeping with the austerity push that has been a hallmark of the broking sector since the global financial crisis erupted, Wilson HTM's staff last month vacated their digs - and harbour views - at Sydney's Governor Phillip Tower. In ...
Tags: Listed Brokers, Market Rebound
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