Signs that a nascent recovery in the housing sector stumbled in March pushed the Australian dollar to its lowest since mid-April. The number of house-building permits fell 5.5 per cent in March, the most since July, curbing optimism that ...
Tags: Dollar, Housing Recovery
THE Australian dollar dropped below 103 US cents for the first time in three days amid falls on US stock markets and weaker commodity prices. At 6.30am AEST the currency was trading at 102.77 US cents, down from 103.54 US cents at ...
Tags: Australian Dollar, US Stocks
The Australian Securities & Investments Commission's plan to discourage high-frequency traders from using "dark pools" has been criticised by industry superannuation funds. Industry Super Network head of regulatory policy Zak May told a ...
The Ukraine is planning to introduce export duty on roundwood for a period of five years starting from 1 January 2014. Under the latest draft law, which was examined by the Ukrainian parliament in February 2013 in its first reading, an ...
Tags: Ukraine, Log Exports
Clariant reported first quarter sales 2013 from continuing operations of CHF 1.526 billion compared to CHF 1.513 billion in the previous-year period, an increase of 2% in local currencies and 1% in Swiss francs. Organic growth of 2% was ...
Tags: Clariant, Construction
Goya Foods Inc., based in Secaucus, N.J., the largest Hispanic-owned food company in the U.S. and a leader in Latin American food and condiments industries, has undertaken a major redesign of its marinade product line, converting 12-oz ...
Tags: Goya Foods, Marinades Line, Pet Packaging
Mrs. Freshley's, a line of snack cakes and pastries from Flowers Foods, Thomasville, GA, has unveiled a brand new look: Packaging with a bright modern design that compliments a new logo unveiled earlier this year. The updated packaging ...
Tags: Mrs.Freshley, Packaging
According to report, Brazilian steelmaker Usiminas may consider to raise its operation close to full capacity if seeing the demand to rise. Currently the capacity is operated at 80~85 percent. The nominal crude steel capacity is 9.5 ...
It’s reported that Indian miner Sesa Goa launched its financial result for the fourth quarter and the fiscal year 2012/13 ended on March 31st. Sesa Goa posted a net profit of INR2.98 billion for the fourth quarter of this year, ...
Tags: Sesa Goa, Net Profits
ANZ Bank's better than expected half-year result yesterday was the trigger for a buying scramble in the big four banks that single-handedly pushed Australia's major sharemarket index up 65 points, or 1.2 per cent, to a five-year high of ...
Australian shares finished the month with strong gains as the benchmark S&P/ASX 200 climbed to a five-year high after ANZ Bank's $3 billion-plus half-year profit dragged its shares to a record $31.84. ANZ's result pushed up other ...
Tags: Market Gauge, ANZ Gains
Local shares finished the month with strong gains as ANZ led a rise in banks after its dividend and earnings exceeded expectations. Stronger offshore markets helped although analysts and fund managers were wary of overseas events that ...
Tags: Bouyant ANZ, Bank Shares Higher
BUOYANT global equities boosted the Australian dollar today, with traders betting that European and US central banks will this week reaffirm commitment to easy money policies designed to boost asset prices and stoke growth. Australia's ...
Tags: Australian Dollar, economy
The Australian dollar has rallied to its highest level in 11 days following gains on global share markets. The currency rose to 103.60 US cents early today, its highest level since April 19. By 7am AEST it had dropped back slightly and ...
The Australian Securities Exchange has stepped up pressure on would-be competitor LCH Clearnet in the emerging market for interest-rate derivatives clearing, signing up investment groups and state treasuries to help develop a service for ...