The Australian dollar was unchanged late in local trade today even after taking a dent from a decline in China's trade surplus in February. China's trade surplus fell to $US15.25 billion from $US29.15bn in January. Economists polled ...
The Australian sharemarket rose yesterday as China's stronger-than-expected trade data fuelled hopes of an economic rebound for Australia's biggest trading partner. Fortescue Metals added 2.3 per cent after China reported a $US31.6 ...
Tags: sharemarket, China, trade data, stocks
The Australian dollar surged and shares reversed early falls as China trade data showed the economic recovery of the world's second-largest economy is accelerating and exceeding market expectations. China's trade surplus rose sharply last ...
Tags: Australian dollar, shares, economic recovery, trade surplus
Bloomberg quoted Clarkson Plc, the world's largest shipbroker, saying that Australia is poised to overtake Brazil as a source of demand growth for ships as the nation's iron ore supply to China expands faster than the Latin American ...
Tags: shipbroker, Clarkson Plc, Australia, iron ore, steel
A U.S. congressional committee appeared to come away still in doubt about the security of networking equipment from Chinese firms Huawei Technologies and ZTE after holding a Thursday hearing in which the two companies tried to dispel ...
Tags: Huawei, ZTE, U.S.Officials, Spying Concerns
The launch of direct trading between the Chinese yuan and the Japanese yen is expected to considerably facilitate bilateral trade and investment. The move also marks another step to raise the yuan's international role. Giving fresh impetus ...
Tags: Industry Trends, Fasteners