Oceania
Oceania
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Posco Planned to Raise Its Auto-Sheet Sales This Year
May 2, 2013Kim Jae-Yeol, the Senior Vice President of the Korean steel giant Posco planned to raise its auto-sheet sales this year by increasing exports to customers in emerging countries such as India and China, aiming to offset the forecasted drop ...
Tags: Posco Targets, Auto Sheet Sales
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Rautaruukki Focuses on Its Special Steel Business Instead of a Commodity Steel Business
May 2, 2013It is reported that Finnish steelmaker Rautaruukki announced to focus on its special steel business instead of a commodity steel business in order to increase the profitability of the entire group this year. It’s learned that the ...
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Baosteel Released Its Financial Result for The First Quarter of This Year
May 2, 2013The Chinese steelmaker Baosteel released its financial result for the first quarter of this year. In the first quarter of this year, Baosteel realized sales operating revenue of RMB46.436 billion, decreasing by 2.1% year on year and the ...
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The AWEX Regional Indicators Finished 1.9% Lower, on Average, at Sales in Sydney
May 2, 2013The AWEX Regional Indicators finished 1.9% lower, on average, at sales in Sydney, Melbourne and Fremantle last week when the US exchange rate fell by 0.5%. The wool market displayed more of the volatility seen since the resumption of ...
Tags: Aussie Wool, Textile
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Bad Weather and The Pressures of The High Street Have Hit Greggs' Sales
May 2, 2013Bad weather and the pressures of the high street have hit Greggs’ sales, leading the retail baker to issue a profits warning. Like-for-like sales in Greggs' shops were down In its Interim Management statement issued to the ...
Tags: Greggs Issues, Food
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Macquarie Research Has Cut Its Price Forecast for Several Commodities
May 2, 2013Macquarie Research has cut its price forecast for several commodities, including copper and gold, due to renewed concerns about future commodities demand as optimism about the global economy erodes. Macquarie Research, a unit of Macquarie ...
Tags: Macquarie Research, Demand Fears
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Rise in Commodity Prices Helped Push Australian Dollar Back Above The $US1.03 Level
Apr 27, 2013A rise in commodity prices has helped push the Australian dollar back above the $US1.03 level. At 5pm AEST, the local unit was trading at $US1.031, up from $US1.0246 on Wednesday. CMC Markets foreign exchange dealer Tim Waterer said the ...
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Sharemarket Drifted in Patchy Trade to Close Marginally Lower as Resources Recover
Apr 27, 2013THE sharemarket drifted in patchy trade to close marginally lower yesterday, rounding out an otherwise positive week that was characterised by improving sentiment towards the resources sector. BHP Billiton rose 2.8 per cent and Rio Tinto ...
Tags: Bourse, Resources Recover
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Australian Dollar Climbed After Claims for US Unemployment Benefits Fell to Their Lowest
Apr 27, 2013THE Australian dollar climbed after claims for US unemployment benefits last week fell to their lowest level since mid-March. At 6.30am AEST the local unit was trading at 102.91 US cents, up from 102.46 cents on Wednesday. Local markets ...
Tags: Australian Dollar
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The Show Is Called 'S'print'&Is Being Established to Build&Grow Business Relationships
Apr 26, 2013The show is called ‘S’Print’ and is being established to build and grow business relationships. Informa said that North Print & Pack 2013 visitors can now register their interest to take part in the S’Print speed ...
Tags: North Print, Printing
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Carter's reported its first quarter fiscal 2013 results
Apr 26, 2013Carter’s, Inc. ,the largest branded marketer in the United States of apparel exclusively for babies and young children, reported its first quarter fiscal 2013 results. “We exceeded our sales and earnings goals, and made good ...
Tags: Apparel, branded marketer
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Ebro Foods's Net Earnings The First Quarter of 2013 Increased by 2.1%
Apr 26, 2013Spanish food processing firm Ebro Foods has reported that its net earnings for the first quarter of 2013 increased by 2.1% to €32.9m, compared with €32.2m for the same period in 2012. For the quarter, the company posted a 5.4% ...
Tags: Ebro Foods, Foods
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Cotton Outlook's World Estimates of Both Production and Consumption Have Been Increased
Apr 25, 2013Cotton Outlook's world estimates of both production and consumption have been increased during the past month. The figures continue to point to a substantial increase in world stocks during the current (2012/13) season,and a smaller, but ...
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Corporate Regulator Appointed Macquarie Group to Fill One of Its Top Posts
Apr 25, 2013The corporate regulator has appointed a senior executive of Macquarie Group to fill one of its top posts amid a recent history of high-profile actions against the country's biggest home-grown investment bank. Cathie Armour, an executive ...
Tags: Macquarie Guru, Armour
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Sharemarket Notched up Its Biggest Gain for Five Weeks as The Banks Led Broad-Based Gains
Apr 25, 2013The sharemarket notched up its biggest gain for five weeks yesterday as the banks led broad-based gains thanks to lower-than-expected domestic inflation data and stronger offshore markets. The consumer price index rose 0.4 per cent in the ...
Tags: Renewed, Interest Rate
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