Oceania
Oceania
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Dramatic Sell-off in Resources Stocks Accelerated as Investors Focused on Plunging Gold
Apr 17, 2013The dramatic sell-off in resources stocks accelerated yesterday and the Australian dollar fell as investors focused on plunging gold and commodity prices and concerns about slowing growth in China. Goldminers again led the local ...
Tags: Markets Tumble, Resources Stocks
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Sharemarket Fell for a Second Consecutive Day as The Gold Price Rout Continued
Apr 17, 2013The sharemarket fell for a second consecutive day, with goldminers leading declines in cyclical sectors as the gold price rout continued in the wake of Monday's disappointing economic data from China, which added to recent concern about the ...
Tags: Goldminers, sharemarket
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Dollar Recovered Some Lost Ground
Apr 17, 2013The dollar recovered some lost ground today, helped in part by a mild recovery in gold prices and comments by the Reserve Bank of Australia signalling it is in no rush to cut interest rates further. While the Aussie still remains well ...
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PMMI Announced a Brand-New Regional Event
Apr 17, 2013PMMI, the owner and producer of the PACK EXPO trade shows, today announced a brand-new regional event: PACK EXPO East, coming to Philadelphia Feb. 2-4, 2015. PMMI will stage the event at the Pennsylvania Convention Center. "There's a real ...
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Sharemarket Recovered Some of Its Early Losses But Still Closed Lower
Apr 17, 2013The sharemarket recovered some of its early losses but still closed lower today. At 4.15pm AEST today, the benchmark S&P/ASX200 index was down 17.1 points, or 0.34 per cent, at 4950.8 points. The broader All Ordinaries index was down ...
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IMF Predicted The Global Economy's Growth Would Fall Down
Apr 16, 2013International Monetary Fund (IMF) predicted in the latest World Economic Outlook the global economy's growth would fall down to 3.3%, reducing by 0.2% than the prediction of January; global economy in 2014 would grow by 4%, remaining the ...
Tags: IMF, Global Economy's Growth
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$5.07 Billion Price Tag for Nsw Ports Sold Might Are Deal to Get Roll for Deal Junkies
Apr 16, 2013In another time the $5.07 billion price tag for NSW ports sold last Friday might have been the sort of deal to get a roll on for the market's deal junkies. After all, it's not often the market estimates for the price -- $2.5bn to $3bn -- ...
Tags: NSW, market estimates
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NLMK's Rebar in The First Quarter of This Year,up by 3% Year on Year
Apr 16, 2013The Russian steelmaker Novolipetsk Steel (NLMK) said that its long steel division shipped around 340,000 tons of rebar in the first quarter of this year, up by 3% year on year. Among them, 339,400 tons were shipped to the domestic market, ...
Tags: NLMK, Long Steel, Steel
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Visitors Can Build Their Own Programme From Over 30 Sessions Across All Three Days of
Apr 16, 2013Visitors can build their own programme from over 30 sessions across all three days of the event, while still allowing time to explore the technologies and services being demonstrated on the show floor. The show runs from 14-15 May at teh ...
Tags: North Print, Packaging
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World Steel Said That The Demand of Global Steel Would Increase by 2.9% in 2013
Apr 16, 2013World Steel said that the global steel demand would rise by 2.9% to 1.454 billion tons in 2013. Furthermore, it would grow by another 3.2% to 1.5 billion tons in 2014. Also, World Steel predicted that China’ steel demand would ...
Tags: Steel, Steel Demand
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The AWEX Regional Indicators Finished 5.6% Lower
Apr 16, 2013The AWEX Regional Indicators finished 5.6% lower, on average, at sales in Sydney, Melbourne and Fremantle last week. The US exchange rate rose by 0.5%.It was a disappointing opening sale after the Easter break. Demand from all parts of ...
Tags: Aussie Wool, Wool Prices
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SemiLEDs Reported Revenue of $4.8m
Apr 16, 2013For its fiscal second-quarter 2013 (to end-February), LED chip and component maker SemiLEDs Corp of Hsinchu, Taiwan has reported revenue of $4.8m, down 23% on $6.2m last quarter and 39% on $7.9m a year ago. Fiscal Q2/2012 Q3/2012 Q4/2012 ...
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Demergers Stood Test of Time in Terms of Ability to Cook up Instant Shareholder Value
Apr 15, 2013Like a dog-eared Margaret Fulton recipe, demergers have stood the test of time in terms of their ability to cook up instant shareholder value -- in the short term at least. While ever popular as a corporate ploy, the urge to demerge has ...
Tags: Surge, Margaret Fulton recipe
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Sharemarket's Week-Long Recovery Faltered as Regional Markets Weakened
Apr 15, 2013The sharemarket's week-long recovery faltered as regional markets weakened today, even as it hit a fresh three-week high during the session. The benchmark S&P/ASX200 closed flat at 5013.5 points after rising to 5023 - its highest point ...
Tags: sharemarket, Stocks
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Australian Share Market Opened Firmer After Markets in United States Pushed to New Highs
Apr 15, 2013The Australian share market has opened firmer after markets in the United States pushed to new highs. On Wall Street overnight, investors were buoyed by a government report pointing to lower-than-expected jobless claims. The Dow Jones ...
Tags: Australian share market, economy
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