Oceania
Oceania
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Australian Dollar Is Lower Due to Concerns About Negotiations to Avert Fiscal Cliff
Dec 20, 2012THE Australian dollar is lower along with other risk currencies due to concerns about negotiations in the United States to avert the so-called fiscal cliff. At 07:00 AEDT,the currency was trading at$US1.0493,down from$US1.0514 yesterday ...
Tags: Australian dollar, US, fiscal cliff
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Reuters Reported That Spot Iron Ore Prices Hit Their Highest in Almost Five Months
Dec 20, 2012Reuters reported that spot iron ore prices hit their highest in almost five months as traders snapped up cargoes, betting Chinese demand will stay firm and supply may be limited in the first quarter due to seasonal weather disruptions in ...
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State Lost INR 159.96 Crore for Lacunae in Resources and Revenue Sharing Arrangement
Dec 19, 2012PTI quoted the Comptroller and Auditor General of India as saying that the state lost INR 159.96 crore because of lacunae in resources and revenue sharing arrangement of port projects in PPP mode. The CAG in its report on general and ...
Tags: Odisha, Port Projects, CAG
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The Topline 2000 Is Suitable for Use with Free-Flowing Granulated Products
Dec 19, 2012The Topline 2000 is suitable for use with free-flowing granulated products in to pre-fabricated open-mouth bags, with filling speeds up to 30 bags per minute with one filling spout. The machine can be equipped with either a vertical empty ...
Tags: Filling System, Topline 2000, free-flowing granulated products, Machinery
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Venturex Resources Has Completed a Definitive Feasibility Study
Dec 19, 2012Venturex Resources has completed a Definitive Feasibility Study confirming the robust economics of its Pilbara Copper-Zinc Project.This has found that the project could produce 16,500 tonnes of copper,30,000 tonnes of silver and 200,000 ...
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Sharemarket Hit Fresh 17-Month High Today as US Lawmakers Inched Closer to a Deal
Dec 19, 2012THE Australian sharemarket hit a fresh 17-month high today as US lawmakers inched closer to a deal on the fiscal cliff problem. Utilities, energy, industrials, telecommunications, materials and financial stocks mostly rose despite some ...
Tags: Investor Sentiment, fiscal, cliff problem
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Australian Dollar Was Steady as Interest Rate Cut Was a Closer Call Than Had Been Thought
Dec 19, 2012THE Australian dollar was steady in Asian trading yesterday as minutes from the Reserve Bank's meeting earlier this month indicated the December interest rate cut was a closer call than had been thought,possibly delaying further easing next ...
Tags: Australian dollar, RBA, Rate cut
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Outotec Can Offer Paste Thickening Solutions to The Mineral Industries
Dec 19, 2012Outotec is one of the few companies in the world that can offer paste thickening solutions to the mineral industries in one package.Paste technology means that instead of pumping untreated tailings from the concentrator into tailing ...
Tags: Outotec, mineral industries, paste thickening solutions
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Great Northern Iron Ore Properties Announced a Quarterly Dividend of December 17th
Dec 19, 2012Great Northern Iron Ore Properties announced a quarterly dividend of December 17th. Stockholders of record,December 31st will be paid a dividend of USD 5.25 per share on Thursday,January 31st.This represents a USD 21.00 annualized ...
Tags: GNI, dividend, Stockholders
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Australian Dollar Is Lower on Speculation About Chinese Growth and Further Rate Cuts
Dec 19, 2012THE Australian dollar is lower on speculation about Chinese growth and further rate cuts by Australia's central bank. At 07:00 AEDT,the currency was trading at$US1.0530,down from$US1.0534 yesterday afternoon. BK Asset Management ...
Tags: Australian dollar, China, BK Asset Management, PBA, US
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EC to Impose Pension Changes That Would Cost UK Businesses £350bn and 180,000 Jobs
Dec 18, 2012The European Commission (EC) wants to impose pension changes that would cost UK businesses £350bn (eURO440bn) and 180,000 jobs, according to research commissioned by the Confederation of British Industry (CBI). Describing the ...
Tags: EC's Pension Proposals, Health, UK Business
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IBWA's Consumer Website Has Released a New YouTube Video
Dec 18, 2012The International Bottled Water Association (IBWA)'s consumer website has released a new YouTube video, Meet Norman, that shows how bottled water bans are having an unintended effect by shifting consumption to less healthy drinks packaged ...
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Australian Dollar Was Slightly Higher Ahead of an Influential Statement From RBA
Dec 18, 2012THE Australian dollar was slightly higher ahead of an influential statement from the Reserve Bank of Australia today. At 6.30am AEDT, the currency was trading at 105.42 US cents, up from 105.35 cents yesterday afternoon. The RBA will ...
Tags: Slightly, currency, Reserve Bank
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Sharemarket Finished on 16-Month Closing High as Negotiations Led to Across Board Gains
Dec 18, 2012THE Australian sharemarket finished on a 16-month closing high as progress with the US fiscal cliff negotiations led to across the board gains for local stocks. At the close,the benchmark S&P/ASX200 index was up 21.8 points,or 0.48 per ...
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Dollar Was Little Changed Against Its US Counterpart
Dec 18, 2012THE Australian dollar was little changed against its US counterpart yesterday,but it hit a 19-month intraday high against the yen as investors predicted Japan's new government would encourage a return to reflationary policy by the Bank of ...
Tags: Bank of Japan, Australian dollar, LDP, Japanese election
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