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

ArcelorMittla FCA Posts US$4.9 Billion for Q1sales,Rising by 3.8%

May 14, 2013

Reportedly, ArcelorMittla Flat Carbon Americas (FCA) posts US$4.9 billion for the first quarter sales, rising by 3.8% from US$4.7 billion in a quarter ago, driven by higher selling prices in South America and Mexico. In the first quarter of ...

Tags: ArcelorMittal, Flat Carbon

Sharemarket Closed Flat Ahead of Budget and After Aussie Fell Below Parity with Greenback

May 14, 2013

The sharemarket closed flat ahead of tomorrow's federal budget and after the Aussie fell below parity with the greenback. At the close today, the benchmark S&P/ASX200 index was up 4.2 points, or 0.08 per cent, at 5210.3 points. The ...

Tags: Stocks, sharemarket

Sharemarket Ends Flat as Companies Returned to Favour,Offsetting Weak Demand for Resources

May 14, 2013

The sharemarket ended flat yesterday as companies with offshore earnings and high-yield stocks returned to favour, offsetting weak demand for resources. Investors' recent enthusiasm for resources was dampened by further declines in ...

Tags: Investors, End Flat

Stockmarket Was Awash with Fresh Optimism as Greenback-Dominated Stocks Surge

May 14, 2013

The stockmarket was awash with fresh optimism that the dollar may finally be on a sustained decline as it plays catch-up to the fall in interest rates and commodity prices, reversing a major earnings headwind several sectors have faced for ...

Tags: Dollar Retreat, Greenback-Dominated Stocks

Australian Dollar Was Holding Marginally Above Parity with The US Greenback

May 14, 2013

The Australian dollar was holding marginally above parity with the US greenback after slipping below that level at the weekend for the first time in 11 months. The currency fell to 99.61 US cents on Saturday morning AEST, putting it ...

Tags: Australian Dollar, US greenback

Dollar Remained Below Parity with Greenback as Fed Talk Buoys US Currency

May 14, 2013

The dollar remained below parity with the greenback as speculation about a winding back of US quantitative easing buoyed the American currency. The Australian dollar fell below 100 US cents shortly after 9am AEST today, repeating its ...

Tags: Australian Dollar, US Currency

Luxus to Tackl Problem with New Additives Used for Traceable Bread Basket Manufacturing

May 14, 2013

According to Luxus bread basket theft and loss has been a problem and has reportedly escalated of late. Luxus are looking to tackle the problem with unique new additives that can be used for traceable bread basket manufacturing. James ...

Tags: Allied Bakeries, Packaging

Norilsk Will Review Production Levels and Rationalize Output on Falling Nickel Prices

May 13, 2013

According to Mr. Deripaska, a major shareholder of the world's largest nickel producer, Norilsk Nickel (Norilsk) that the company will review production levels and rationalize output on falling nickel prices by considering various market ...

Tags: Norilsk, Nickel Output

Demandware Announces Strong Financial Results for Its First Quarter Ended March 31, 2013

May 13, 2013

Demandware, Inc., the industry-leading provider of enterprise cloud commerce solutions, announced strong financial results for its first quarter ended March 31, 2013. First Quarter Highlights - Subscription revenue for the first quarter ...

Tags: Textile, Textile Industry

Leading Dairy Producer Arla Foods Found a Winning Recipe for Lurpak Spreadables Packaging

May 13, 2013

Edited by Lisa McTigue Pierce, Executive Editor -- Packaging Digest, 5/10/2013 12:40:18 AM Leading dairy producer Arla Foods found a winning recipe for its Lurpak Spreadables packaging. A customized container from Superfos and a ...

Tags: Package, Packaging

Price Spread Between Polyethylene Terephthalate Jumped to a Five-month High of $15/mt

May 13, 2013

The price spread between polyethylene terephthalate in Southeast Asia and Northeast Asia jumped to a five-month high of $15/mt Wednesday, from $10/mt a week ago, as high inventory levels in Northeast Asia curbed price gains there. PET on ...

Tags: PET, polyethylene terephthalate

Sharemarket Has Closed Flat, Held Back by Weakness Among The Major Banks

May 10, 2013

THE sharemarket has closed flat, held back by weakness among the major banks and expectations of a pause on interest rate cuts following the release of encouraging jobs figures. The benchmark S&P/ASX200 index was down 1.4 points, or 0.03 ...

Tags: economy

Sharemarket Consolidated as Plays Reacted Negatively to Reduced Interest Rate Cuts

May 10, 2013

The sharemarket consolidated yesterday as high-yield plays reacted negatively to reduced hopes of further interest rate cuts following the release of stronger-than-expected domestic jobs statistics. Meanwhile, profit-taking pushed ...

Tags: Rates Forecast, economy

Sharemarket Has Closed at Its Best Level in Almost Five Years

May 9, 2013

The sharemarket has closed at its best level in almost five years, driven by record US market highs and positive Chinese trade data. The benchmark S&P/ASX200 index closed up 56.1 points, or 1.09 per cent, at 5199.8 points. The broader ...

Tags: CMC Markets, economy

Australian Dollar Shrugged off The Reserve Bank of Australia's Latest Interest Rate Cut

May 9, 2013

The Australian dollar shrugged off the Reserve Bank of Australia’s latest interest rate cut today, clawing back almost half of the value it lost yesterday, on the back of better Chinese trade data. The local unit traded around ...

Tags: China Surplus, Cool Dollar

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