The Australian dollar sat just under 105.5 US cents heading into the start of the local trading day. At 6.30am AEST the Australian dollar was at 105.48 US cents, up from yesterday’s local close of 105.21 US cents. During the ...
The dollar has pushed higher, helped along by continued strength on sharemarkets. At 5pm AEST today, the Aussie was at $US1.0556, up from $US1.0521 yesterday. OzForex chief currency strategist Jim Vrondas said the local currency ...
Tags: Dollar, Sharemarket Strength
The on-going economic crisis poses a serious challenge to the dialogue between workers' and employers' representatives and governments according to a report published today by the European Commission. The report shows that recent government ...
The bottoming process in gold and gold mining shares continues to be an extended and frustrating affair. Nevertheless, the fundamental rationale for positioning physical bullion and gold mining shares seems more compelling than ever. ... ...
Tags: Gold Bullion, accelerated decline
During an automated packaging process, materials can shift and become unstable causing components to move during transport. An international manufacturer of solar cells turned to Glue Dots Intl. to resolve this very issue. The problem: ...
Tags: Adhesive, Cables, Automated Packaging
Hooker Furniture said sales rose 9.7% in the fourth quarter, as the company finished its fiscal year with solid performances by its case goods and upholstery segments. Profits also jumped to $3.7 million, or 34 cents per share, in the ...
Tags: Hooker Furniture, Furniture, Furnishing
It’s reported that the ASEAN countries’ steel consumption is expected to rise healthily in the new few years, according reported of the South East Asia Iron and Steel Institute (SEAISI). It’s known that the steel ...
Tags: Steel Consumption, SEAISI
THE Australian dollar rose above 105.5 US cents in offshore trading. At 6.30am AEST the Australian dollar was trading at 105.42 US cents, up from yesterday's local close of 105.09 US cents. During the overnight session, the local ...
Tags: economy
The Australian Customs and Border Protection Service has announced that it has initiated an accelerated review of the current antidumping duty notice and countervailing duty notice in respect of certain hollow structural section (HSS) ...
Tags: Metallurgy, Mineral, Energy
THE Australian share market is trading higher, boosted by a solid performance from US markets and expectations interest rates may fall following disappointing local jobs figures. The local bourse was buoyed by stronger markets on Wall ...
THE dollar hit a fresh 10-week high following gains on US sharemarkets, but lost some ground after disappointing jobs figures. At 5pm AEST, the currency was trading at $US1.0521, up US0.12c. It had earlier climbed to $US1.0551, its ...
Tags: economy
AUSTRALIAN shares rose to a two-week high yesterday as China's strong March import data helped US shares to record highs, and after minutes of a Federal Reserve meeting did little to change the belief that it is committed to supporting the ...
Tags: economy
"MOVE along now, nothing to see." Constable Plod's old refrain looks an apt way to sum up Criterion's performance in the March quarter, with his "buy" calls rising an average 1 per cent in a quarter in which the broader market surged 5 per ...
Tags: economy
THE dollar is back above $US1.04, thanks to weakness in the greenback and softer Chinese inflation figures. At 5pm AEST, the Aussie was at $US1.0424, up from $US1.0379 yesterday. Rochford Capital senior consultant Richard Breen said ...
Tags: economy
The Australian dollar opened higher as a fresh bout of US dollar weakness and firmer commodities prices pushed the local currency towards 105 US cents. At 7am AEST the dollar was at 104.90 US cents, up from yesterday’s local close ...