The Australian dollar fell after another batch of good US economic data cemented hopes of a winding down of economic stimulus measures by the US central bank. At 7am AEST the local unit was trading at 96.16 US cents, down from 96.55 cents ...
Tags: dollar, Australian, US Data
The sharemarket suffered its sharpest one-day fall for two months yesterday after the US Federal Reserve said it could reduce its economic stimulus measures and China's manufacturing showed signs of contraction. "In the next few meetings ...
THE Australian dollar dropped to a one-year low after the head of the US Federal Reserve said he would consider winding down its economic stimulus program in the coming months. The currency dropped as low as 96.62 US cents in the early ...
Tags: economy
The sharemarket pulled back yesterday as profit warnings in the mining services and consumer discretionary sectors continued to drag on sentiment. The benchmark S&P/ASX 200 closed down 0.6 per cent at 5180.1 points after falling to ...
Tags: Stocks, Mining Services Companies, Profit
The dollar continued to test fresh 11-month lows, extending a week-long decline built on rising concerns about the outlook for the resources-rich economy and renewed strength in the US dollar. Late today, the Aussie was trading at ...
Tags: Dollar Down, Service, Economic Outlook
The dollar is almost US2c lower, hurt by a big pre-dawn rally in the US dollar. At 5pm AEST, the local unit was trading at $US1.0063, down from $US1.0243 yesterday. The Australian currency fell to $US1.0047 early today, its lowest level ...
According to forecast made by the Japan Iron and Steel Federation (JISF), Japan’s steel production is expected to rise further in the fiscal year 2013/14 (during April 1st through March 31st, 2014), driven by depreciated Japanese Yen ...
Tags: Steel Production, Steel
Rio Tinto, leading international mining group, is facing a difficult time. The group’s aluminum subsidiary and by far the world’s 4th largest aluminum producer, previously known as Rio Tinto Aluminum, had suffered a write down ...
Polyolefins prices increased in line with the crude oil prices. But trading slowed down across the global markets despitethe economic stimulus measures. Many buyers and converters bought only enough for production. However, supply in 2012 ...
A STEADY-AS-SHE-GOES statement from the US central bank and easing fears about Cyprus has had little impact on the Australian dollar. At 7am AEDT, the local unit was trading $US1.0379, level with where it ended the local session ...
The Australian dollar fell to a four-month low after equities markets suffered heavy losses in overnight trade. At 6.30am AEDT the local unit was trading at 102.25 US cents, down from 102.35 cents at yesterday’s local close. Early ...
Tags: Australian dollar, dollar, equities markets
The Australian sharemarket limped to a flat close after a dovish speech from Federal Reserve chairman Ben Bernanke and a strong production report from Rio Tinto failed to dissuade investors from taking profits following strong gains in ...
Tags: Australian sharemarket, Rio Tinto, economy
The Australian dollar has ended the local trading day a touch lower, after market players were disappointed by a speech from US Federal Reserve chairman Ben Bernanke. At 5pm AEDT, the Australian dollar was trading at 105.48 US cents, down ...
The Australian dollar fell, despite getting a boost from a 2 per cent surge on the Shanghai share market during the local trading day. At 5pm AEDT the Australian dollar was trading at 105.56 US cents, down from Friday's local close of ...
Tags: Australian dollar, share market, US cents
In 1941, a Crown corporation created by federal legislation called Wartime Housing Ltd., which later became the Canadian Mortgage and Housing Corporation, constructed over 32,000 houses to provide what was originally planned as emergency ...
Tags: Wartime Housing, Canadian Mortgage and Housing Corporation, munitions