Oceania Economy news, Markets and Business Trends - Made-in-China.com

Australian Dollar Pushed Back Above $US1.05, Despite Release of Retail Spending Figures

Jan 10, 2013

The Australian dollar has pushed back above $US1.05, despite the release of weaker-than-expected retail spending figures. At 5pm AEDT, the dollar was trading at $US105.08, up US0.26c. Easy Forex currency dealer Francisco Solar said the ...

Tags: Australian dollar, retail spending figures, currency

Australian Dollar Has Continued to Rise Above 105 US Cents in Overnight Trading

Jan 10, 2013

The Australian dollar has continued to rise above 105 US cents in overnight trading. At 6.20am AEDT the Australian dollar was trading at 105.15 US cents, up slightly from yesterday’s local close of 105.08 US cents. During the ...

Tags: Australian dollar, US cents, overnight trading

Australian Sharemarket Closed Higher to End Three Day Run of Losses and Defy Market Falls

Jan 10, 2013

The Australian sharemarket closed higher to end a three day run of losses and defy market falls in the US and Europe. At the close today, the benchmark S&P/ASX200 index was 17.9 points, or 0.38 per cent, higher at 4708.1, while the ...

Tags: Australia, sharemarke, US, Europe

Explorer Listed on Toronto Stock Exchange May Become Victim of a Takeover Hoax

Jan 10, 2013

A Brisbane-Based explorer listed on the Toronto Stock Exchange may have become the victim of a takeover hoax. According to a statement made by boutique Ottawa broker Gannibal Securities, which was released on the popular website ...

Tags: explorer, Toronto Stock Exchange, takeover hoax

Australian Businesses Increasingly Settle Their Chinese Trade with The Local Currency

Jan 10, 2013

Australian businesses are increasingly settling their Chinese trade with the local currency rather than US dollars, as the world's second-biggest economy and Australia's biggest trading partner seeks to boost the yuan's global clout. ...

Tags: Australian businesses, Chinese trade, local currency, US dollars

ATIRA Hosts 54th Joint Technological Conference Jointly with BTRA, NITRA and SITRA

Jan 10, 2013

ATIRA is hosting 54th Joint Technological Conference jointly with BTRA, NITRA and SITRA. These conferences are prestigious annual features in which the latest R&D work of the Textile Research Associations is communicated to the industry. ...

Tags: ATIRA, Technological Conference, BTRA, NITRA, SITRA, textile

Dollar Was Trading Lower Late After Country Posted Widest Trade Deficit in 5 Years

Jan 9, 2013

The Australian dollar was trading lower late today after the country posted its widest trade deficit in nearly five years. The trade deficit for November widened to $2.6 billion from $2.4bn in October, the Australian Bureau of Statistics ...

Tags: Australian dollar, trade deficit, Australia, currency

The Expanded AUTOSERT Family Can Be Configured to Apply Side-Serts or Top-Serts

Jan 9, 2013

The expanded AUTOSERT family of hot melt glue outsert applicators can be configured to apply side-serts or top-serts. The 277 Sidesert and 277 Topsert feature a new rotating three-arm pick-and-place system and hot melt glue adhesion, and ...

Tags: hot melt glue, outsert applicators, glue adhesion

Australian Dollar Remained Close to 105 US Cents After Rising Slightly

Jan 9, 2013

THE Australian dollar remained close to 105 US cents after rising slightly during overseas trading. At 6.20am AEDT the Australian dollar was trading at 104.93 US cents, up slightly from yesterday’s local close of 104.82 US cents. ...

Tags: Australian Ollar, overseas trading, Australian economy, Australian dollar

Trade Deficit Widened to $2.6 Billion, The Australian Bureau of Statistics Said

Jan 9, 2013

The trade deficit for November widened to $2.6 billion, from $2.4bn in October, the Australian Bureau of Statistics said. That was the biggest monthly shortfall since March 2008 and wider than analysts' expectations of $2.3bn. At 5pm AEDT ...

Tags: trade deficit, Australian Bureau of Statistics, Australia

M&M Maintained Its Leadership Position in The Tractor Industry

Jan 7, 2013

Mahindra & Mahindra Ltd's Farm Equipment Sector, a part of the UDS 15.9 billion Mahindra Group, maintained its leadership position in the tractor industry in December 2012. Domestic sales in December 2012 stood at 13712 units, as against ...

Tags: Mahindra&Mahindra Ltd, Domestic sales, Metallurgy, Mineral

The GCC Population Will Soar by 30% to 53.5 Million People

Jan 7, 2013

A report by the Economist Intelligence Unit revealed that the GCC population will soar by 30% to 53.5 million people who will form an increasing strain on the region’s supplies of electricity, food and water. The report said that ...

Tags: GCC Population, Economist Intelligence Unit, 53.5 million

Combination of Market and The Recent Iron Ore Price Rally Has Provided Grange Resources

Jan 7, 2013

The West Australian cited Mr Richard Mehan MD of Grange as saying that the combination of market speculation over a future acquisition and the recent iron ore price rally has provided Grange Resources with an overdue market revaluation. ...

Tags: Metallurgy, Mineral, iron ore, market conditions

Copper Prices Edged Higher by INR 2 Per Kg on The Local Non-Ferrous Metal Market Today

Jan 7, 2013

Economic Times reported that copper prices edged higher by INR 2 per kg on the local non-ferrous metal market today on increased industrial demand. Traders said increased industrial demand mainly helped copper prices to strengthen. In the ...

Tags: Copper, copper prices, copper mixed scrap, metal scrap

Annual Inflation in The Euro Area Is Expected to Be 2.2 Percent in December 2012

Jan 7, 2013

Annual inflation in the euro area is expected to be 2.2 percent in December 2012, stable compared to the previous month of November, according to flash estimates released by Eurostat, the Statistical Office of the European Communities. ...

Tags: annual inflation, euro area, December, 2012

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