Oceania
Oceania
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Local Sharemarket Has Closed Lower as Investors Struggle to Maintain The Confidence
Apr 5, 2013The local sharemarket has closed lower as investors struggle to maintain the confidence that marked the earlier months of this year. OptionsXpress market analyst Ben Le Brun said that although mining stocks had performed better on the ...
Tags: Shares Wilt, sharemarket
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S&P/ASX200 Has Fallen 0.3 Per Cent to 4899.6 After Hitting Two-Month Low
Apr 5, 2013The S&P/ASX200 has fallen 0.3 per cent to 4899.6 after hitting a fresh two-month low of 4893.8 in mixed trading before tonight's US jobs data. Materials and industrials stocks have recovered at the expense of defensive and high-yield ...
Tags: Local Stocks, Service, economy
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Sharp Fall in The Value of Yen Pushed Australian Dollar Lower Against Greenback
Apr 5, 2013A sharp fall in the value of the yen has pushed the Australian dollar lower against the greenback. Tthe currency was trading at at $US104.15c in later afternoon trading, down from $US104.41c late yesterday. Commonwealth Bank currency ...
Tags: Australian Dollar, economy, Traders Dump
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HD-LSP Autoload Cartoner Can Handle Bars, Flow Wrap Packages and Sachets
Apr 5, 2013The Heavy Duty Linear Servopack (HD-LSP) autoload cartoner can handle bars, flow wrap packages and sachets. The machine can handle more than 350 products per minute, incorporating the patent-pending Sure-Load carton closing system, a rail ...
Tags: Cartoner, Packaging, Printing, Processing Machinery
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Julia Gillard Says Australia's Exchange Rate Would Likely Remain Around Historic Highs
Apr 4, 2013Julia Gillard says Australia's exchange rate would likely remain around historic highs as investors around the world sought to buy the country's high-yielding assets. The Prime Minister said the strong currency needn't be viewed as ...
Tags: Julia Gillard, Prime Minister, economy
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Australian Share Market Dived to a Two-Month Low
Apr 4, 2013The Australian share market dived to a two-month low today, mirroring declines in offshore markets after disappointing private-sector jobs data cast doubt on expectations of moderate growth in US non-farm payrolls data due tomorrow. ...
Tags: Market Slips, share market, RBS Morgans
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Australian Dollar Trades Just Below Its Two-Month High Late After Strong Retail Sales Data
Apr 4, 2013The Australian dollar was trading just below its two-month high late today after government data showed retail sales surged again in February. Retail sales rose a seasonally adjusted 1.3 per cent in February from January, when they rose ...
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It Will Take a Rapidly Growing Slice of Local Share Trades
Apr 4, 2013THE incoming chief executive of Chi-X Australia believes the equity market operator has reached an inflection point in its developments that will see it take a rapidly growing slice of local share trades. John Fildes, who will take up the ...
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Australian Manufacturing Performance Was Hit by a Decline in Exports
Apr 3, 2013After moderating in February, Australian manufacturing performance was marginally weaker in March, hit by a decline in exports and fall in new orders. This is the 14th consecutive month the sector has contracted, according to latest ...
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BASF Is Raising Its Prices for N, N-Dimethylformamide in Europe
Apr 3, 2013Effective immediately, or as existing contracts permit, BASF is raising its prices for N,N-Dimethylformamide (DMF) in Europe by 30 € per ton or by the equivalent amount in local currency. DMF is a versatile organic solvent that is ...
Tags: BASF, Dimethylformamide, DMF
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Surge in Cotton Prices Due to Concerns About Tightening Supply-Demand Balance
Apr 3, 2013In March 2013, the A Index rose to 98.85 cents per pound on the 18th before receding to 93.15 cents per pound on March 26. The recent surge in cotton prices may be due to concerns about a tightening supply-demand balance outside of China as ...
Tags: Cotton Prices, Cotton, Cotton Market
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Australian Dollar Rose But Failed to Sustain Gains
Apr 3, 2013THE Australian dollar rose today on better-than-expected February trade data but failed to sustain gains as traders wait for central bank meetings. The Bank of Japan and the European Central Bank hold policy meetings in the coming days, ...
Tags: Australian Dollar, economy
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From That Date Shoppers Will Have to Pay at Least 5p for Each Single Use Carrier Bag
Apr 3, 2013From that date shoppers will have to pay at least 5p for each single use carrier bag they use. According to the Department of Environment, the main aim of the charge is to help protect the environment by "reducing the unnecessary use of ...
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Australian Share Market Closed Slightly Higher Due to Strength Among Financial Stocks
Apr 3, 2013THE Australian share market closed slightly higher due to strength among financial stocks. The gains came as the Reserve Bank of Australia held the cash rate at three per cent, equal to its lowest level on record. CommSec market analyst ...
Tags: economy
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Australian Dollar Pushed Higher During Asia Trade as Interest Rates Stay on Hold
Apr 3, 2013THE Australian dollar pushed higher during Asia trade today, helped by a weaker greenback and after the Reserve Bank of Australia said interest rate cuts are starting to flow through the economy, buoying market expectations that the bank's ...
Tags: economy
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