Oceania
Oceania
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Australian Dollar Fell Following News The US Economy Contracted in The Final Three Months
Jan 31, 2013The Australian dollar fell following news the US economy contracted in the final three months of 2012. At 6.30am AEDT the currency was trading at 104.26 US cents, down from 104.73 US cents at yesterday’s local close. The currency ...
Tags: Australian dollar, US economy, currency
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Dollar Moved Higher with Traders Shrugging off Gillard's Surprise Calling of Election
Jan 31, 2013The Australian dollar moved higher with traders largely shrugging off Julia Gillard's surprise calling of a September 14 election. The announcement stunned political pundits but elicited little reaction in currency markets. At 4.30pm ...
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Australian Dollar Moved Higher ,Largely Ignoring The Announcement of a Federal Election
Jan 31, 2013The Australian dollar moved higher in Asian trading, largely ignoring the announcement of a federal election on September 14. The announcement stunned political pundits but elicited little reaction in currency markets. At 5pm AEDT, the ...
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New Koyo Miniature Encoders Provide Cost-Effective Solution for Size-Limited Applications
Jan 31, 2013A series of new Koyo miniature encoders provide a cost-effective solution for size-limited applications. The TRD-MX series light-duty encoders feature a small body with 25mm diameter and 29mm depth. Made with a 4mm diameter solid shaft, the ...
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Benchmark S&P/ASX 200 Was up 0.8 Per Cent at 4871.6
Jan 30, 2013Australian Commonwealth Government 10-year bond yields rose 12 basis points to 3.44 per cent following a similar move in US Treasury bonds during the Australia Day long weekend. At 11.38am AEDT, the benchmark S&P/ASX 200 was up 0.8 per ...
Tags: Australian Commonwealth Government, US Treasury bonds, sharemarket
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Australian Dollar Fell to Lowest Level Amid an Improved Outlook for European Economies
Jan 30, 2013The Australian dollar fell overnight to its lowest level in almost a month amid an improved outlook for European economies. It had rebounded to be 104.09 US cents at 6.30am AEDT but is still down from 104.49 US cents on Friday, before the ...
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New Construction Starts Rose 23% in Dec to a Seasonally Adjusted AR of $530.0 Billion
Jan 30, 2013New construction starts rose 23 percent in December to a seasonally adjusted annual rate of $530.0 billion, according to the latest report from McGraw-Hill Construction, a division of The McGraw-Hill Companies. Specifically, December saw ...
Tags: Construction, nonresidential building, manufacturing plant
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Atlas Iron Shipped a Record 1.74 Million Wet Metric Tons of Iron Ore for December Quarter
Jan 28, 2013Australian iron ore miner Atlas Iron has announced it shipped a record 1.74 million wet metric tons of iron ore in the quarter ended on December 31, up 25.9 percent compared to the same quarter of 2011. Atlas stated that iron ore prices ...
Tags: iron ore, iron ore miner, iron ore prices
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Global Pig Iron Production in 2012 Amounted to 1.1 Billion Metric Tons, Rising by 1.7 Pct
Jan 25, 2013According to the preliminary data released by the World Steel Association (worldsteel), global pig iron production in 2012 amounted to 1.1 billion metric tons, rising by 1.7 percent year on year. In 2011, a five percent year-on-year ...
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The New Project Inquiry Index Was 59.4 for The Month,Down Slightly From The 59.6 Mark
Jan 25, 2013The Architectural Billings Index (ABI), which reflects the approximate nine- to twelve- month lag time between architectural billings and construction spending, was 52.0 for the month of December, down from 53.2 in November. The score ...
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Australian Dollar Fell as a Slower-Than-Expected Rise in Consumer Prices
Jan 24, 2013The Australian dollar fell as a slower-than-expected rise in consumer prices in the fourth quarter stoked the case for another interest rate cut. Consumer prices rose 2.2 per cent in the fourth quarter from a year earlier and 0.2 per cent ...
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Consumer Products Executives Expect Their Highest Growth
Jan 24, 2013Consumer products executives expect their highest growth to come from the warehouse club channel compared with any other retail sales channel over the next three years, including mass merchandise, grocery, and e-commerce, according to new ...
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The Choice of a Pallet Packaging Method May Not Immediately Surface
Jan 24, 2013For many end-of-line packaging professionals, the choice of a pallet packaging method may not immediately surface as a critical success factor when designing, upgrading or refurbishing a production line or distribution center. While pallet ...
Tags: packaging professionals, packaging, packaging industry
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BHP Billiton Announced Its Production Results for The Second Quarter
Jan 24, 2013Australian miner BHP Billiton has announced its production results for the second quarter and the half year ended December 31, 2012. In the second quarter, BHP Billiton produced 42.19 million mt of iron ore, up three percent compared to ...
Tags: BHP, iron ore output, iron ore
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Coal Exports Decrease of 10.2 Percent Compared to The 3.1 Million Mt
Jan 24, 2013In the week ended January 21, coal shipments from the Port of Newcastle in Queensland, the coal producing state of Australia, totaled 2.8 million mt, according to Newcastle Port Corporation. The figure constitutes a decrease of 10.2 percent ...
Tags: Coal exports, Coal, coal producing state
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