Yesterday the gold price in New York rose back to close at $1,228.40 after which Asia lifted it to $1,234. The dollar hardly moved at $1.36.12: €1 ahead of London's opening. In London the gold price was Fixed at $1,232.25 up $6.25 on ...
Tags: Electrical, Electronics
The famous Washington, D.C., think tank Brookings recently put out a report noting that Taiwan's economy has shifted to a virtual dependency on IT supply chain businesses. The briefing paper, which can be found here, has some pretty serious ...
Tags: Electrical, Electronics, taiwan
The slide in LPG prices over the past four days on abundant supply and an Asian demand pause has sent physical values to six-week lows and flipped the paper market to the steepest contango structure since early July 2012, market sources ...
Tags: Metallurgy, Mineral, Energy
The Asian naphtha market may firm going into the last two months of this year on curtailed arbitrage flows which will likely tighten supply balances and year-end demand mopping up excess naphtha supply from the higher arbitrage arrivals in ...
Tags: Chemicals, Metallurgy, Mineral, Energy
GL debuts C-Dragon design concept at Nor-Shipping Thursday, Jun 06, 2013 The importance of Intra-Asian trade routes continues to grow as the region's economies continue to expand. Asian container traffic, in particular, is projected to be ...
Tags: Design Concept, Service, GL
Asian isomer-grade mixed xylene traders are eying opportunities to make the reverse arbitrage movement from Northeast Asia to the US Gulf Coast given the recent widening of prices between both regions, traders said Wednesday. Several ...
Tags: Asian Isomer-MX, Arbitrage
The sharemarket rose for a third consecutive session yesterday after the Australian dollar weakened further in offshore trade. Non-resources companies with US-dollar income remained in demand, although commodity price falls restrained the ...
Tags: Bourse, Greenback Exposure
The Australian dollar traded slightly lower during holiday-thinned Asian trade as a dearth of local developments left traders waiting for key events offshore. Topping the watch list are European Central Bank and US Federal Reserve ...
Tags: Australian dollar, bond issuance
The sharemarket rose 0.6 per cent yesterday as investors piled into banks to take advantage of their dividend yields, amid optimism the country's biggest lenders would report rising profits this week and next. The benchmark S&P/ASX 200 ...
Tags: sharemarket, Investors Banking
Diamon-Fusion International, Inc. (DFI), global developer and exclusive licensor of patented hydrophobic nanotechnologies, announced today the signing of a new license agreement with Pacific Ring Incorporated (PRI). The agreement includes ...
Tags: DFI, Diamon Fusion International, hydrophobic nanotechnologies
Weaker than expected Chinese economic data released over the weekend weighed on the Australian dollar in Asian trade yesterday. Statistics released by Beijing painted a picture of rising inflation and slowing domestic growth, prompting ...
Tags: Dollar, Australian dollar, US Dollar
The Australian dollar fell during Asian trade yesterday after the minutes of the US Federal Reserve's December meeting showed some policymakers were pushing for its bond buying program to end as soon as this year. The Fed minutes showed a ...
Tags: Australian dollar, Asian trade, Federal Reserve, Fed minutes
The sharemarket closed higher for a second day yesterday, buoyed by a last-minute budget deal in the US that drove global equities and commodity prices sharply higher on Wednesday night. The benchmark S&P/ASX 200 finished up 0.7 per cent ...
Tags: sharemarket, US, global equities, commodity prices
THE sharemarket continued its climb yesterday, reaching a 17-month high on positive news from Europe as US politicians inched closer to a deal on the fiscal cliff crisis. Utilities, energy, industrials, telecommunications, materials and ...
Tags: Positive, News Fuels, politicians inched