Local shares rose slightly in mixed trading yesterday as a lower Australian dollar led investors to sell banks and other high-yield plays in order to buy shares of companies that stand to benefit from a sustained fall in the exchange rate. ...
THE sharemarket rose the most in seven sessions after commodities and offshore equities saw some recovery from recent weakness caused by China's disappointing economic growth data, the collapse in gold prices and the Boston bombings. ...
Tags: economy
The sharemarket roared back to life today with its biggest rise in the past eight months as investors snapped up bargains after a three-day decline. The benchmark S&P/ASX200 closed up 1.8 per cent at 5120.2 after hitting a seven-day low ...
Tags: Stocks, sharemarket, benchmark
The sharemarket rose this morning, with consumer staples and financials leading a broad-based recovery following lower-than-expected US jobless claims data. At 11.30am AEDT, the benchmark S&P/ASX200 was up 1 per cent at 5081.9 points. The ...
Tags: Stocks, sharemarket, benchmark
Australian shares rose to a 4 1/2 year high yesterday on strength in Asian and European markets. US economic data beat expectations and central bankers in Europe and the US reassured investors easy monetary policy will continue. ...
Tags: Australian shares, economic data, shares
The sharemarket recorded its biggest one-day fall for nine months after minutes from the US Federal Reserve's recent policy-setting meeting revealed unease about the bank's stimulus efforts. The benchmark S&P/ASX 200 closed down 2.3 per ...
Tags: Stocks, sharemarket, share
The sharemarket rose to a multi-year high yesterday amid growing optimism about corporate earnings and continued weakness in the domestic bond market. Minutes from the Reserve Bank's February board meeting left the door open to more ...
Tags: Earnings, sharemarket, bond market
The sharemarket was flat today after reaching a multi-year high amid mixed earnings reports, benign minutes from the Reserve Bank of Australia's January board meeting, and a lack of direction from US markets after Presidents' Day. ...
Tags: Stocks flat, earnings, sharemarket
But passing the half-way mark of this interim profit season, we now have proof that his real error was putting a super-profits tax on the wrong industry. While profits were sliding at Rio Tinto, OZ Minerals and Wesfarmers' coal division, ...
Tags: Stocks, investment, Australia
The sharemarket struggled to gain traction yesterday as investors traded cautiously after seven straight weeks of gains. The benchmark S&P/ASX 200 closed down 6.5 points,or 0.1 per cent,at 4717.3.It hit a 19-month high of 4750.7 in early ...
Tags: sharemarket, stocks, heavyweight stocks, fiscal
Brambles has signed a sale and purchase agreement to acquire Pallecon, a provider of intermediate bulk containers (IBC) in Europe and the Asia-Pacific, for €135 million (US$177 million). Brambles CEO Tom Gorman said: "Pallecon has ...
Tags: bulk containers, transportation, Brambles, acquisition
Australian provider of pallet,crate and container pooling solutions Brambles has signed a sale and purchase agreement to acquire Pallecon,a division of CEVA Logistics,in a deal worth€135m($177m). Brambles CEO Tom Gorman said Pallecon ...
Tags: Brambles, Container Business, Tom Gorman, Pallecon Operates
"Maogusi"is an old form of dance popular among the Tujia people living the west of Hunan province of China.It is performed to remember their ancestors'achievements in cultivation,halieutics and hunting. "Maogusi"means"Hunters covered with ...
Tags: Maogusi dance, Tujia ethnic group, folk arts