China's holdings of US Treasuries increased further in May, rising to a record high of US$1.316 trillion, according to data released by the US Department of Treasury. China continues to be the largest holder of US Treasuries as the ...
Tags: US Treasuries, government debt
Sport Chalet Inc. posted fourth-quarter earnings Thursday, reporting a 6.8 percent increase in comparable store sales for the quarter ended March 31 compared with the same period in 2012. The company also reported a net loss of $2.3 ...
Tags: Transportation
The sharemarket opened the week with a solid gain yesterday on signs of recovery in the US economy ahead of Federal Reserve chairman Ben Bernanke's monetary policy testimony on Wednesday (US time) before the joint economic committee of ...
Tags: Sharemarket, Solid Gain
Australians are demonstrating a less cautious approach to spending money, with more consumers planning to use their credit cards this quarter, while savings will be less of a focus. The Dun and Bradstreet Consumer Credit Expectations ...
Tags: economy
The Ministry of Textiles, Government of India, has sought a financial package for labour-intensive industries like cotton textiles, handlooms and handicraft, in the forthcoming annual supplement to Foreign Trade Policy (FTP), rescheduled to ...
February retail sales exceeded expectations, according to data released today by the United States Department of Commerce and the National Retail Federation (NRF). Commerce reported that February retail sales at $421.4 billion were up 1.1 ...
Tags: retail sales, sales, promising signs
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
The week of the Salone del Mobile in Milan has arrived. The global economic times is incredible. Signs of recovery are seen now, especially in an industry, the furniture, which did not suffer much time as much as others, see what ...
Tags: Furniture, Furnishing, sofa
The dollar was higher today as investors continued to lower their expectations of further interest rate cuts in 2013. Futures markets were pricing in just 18 basis points of interest rate cuts, compared with 50 basis points at the start ...
Tags: dollar, futures markets, cash rate
Russian steelmaker Severstal has stated that it hopes to see increased steel demand in 2013 on the back of construction and infrastructure projects in Russia. Although the fragile economic environment will keep pressure on steel prices ...
Tags: steelmaker, Severstal, steel demand
Confederation of Indian Textiles Industry (CITI) has welcomed the Central Budget 2013-14 presented by the Finance Minister, Shri P. Chidambaram in Parliament as a positive package for accelerating the recovery of the textiles industry. In a ...
Tags: CITI, Central Budget, Textile Sector
The dollar rallied strongly today after the Reserve Bank of Australia signalled it might be done cutting interest rates. At 4.30pm AEDT, the Aussie was trading at $US1.0310, up from $US1.0238 late yesterday. It traded as high as $US1.0323 ...
Tags: Reserve Bank of Australia, currency, dollar
Banks, property trusts, consumer staples and energy companies pushed the sharemarket to its highest close since September 2008, as investors digested earnings reports while awaiting the overnight release of minutes from the US Federal ...
Tags: Banks, property trusts, consumer staples, energy companies
Data from the United States Department of Commerce and the National Retail Federation (NRF) today showed that January retail sales were up compared to December as well as on an annual basis. Commerce reported that January retail sales at ...
Tags: United States Department of Commerce, NRF, January retail sales
During the panel discussion at the SteelOrbis Market Talks Meeting held in Gaziantep in southeastern Turkey on February 13, Turkish steelmaker Toscelik's foreign trade and corporate sales director Bulent Saygili said that Toscelik's flat ...
Tags: Flat Steel, Price Trend, Long Product Trend