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
The Australian dollar has jumped to its highest level in more than two weeks following a stronger-than-expected rise in Chinese exports and imports. At 17:00 AEDT, the Australian dollar was trading at $US1.0549, up from $US1.0508 ...
Tags: Australian dollar, Dollar, currency, trade surplus
The Australian dollar's moves yesterday reflected the differing pressures on the currency as a major international bank, HSBC, yesterday expressed concern about its long-term strength. The dollar broke through the $US1.05 level in trading ...
Tags: HSBC, dollar, international bank, Australian dollar
The trade deficit for November widened to $2.6 billion, from $2.4bn in October, the Australian Bureau of Statistics said. That was the biggest monthly shortfall since March 2008 and wider than analysts' expectations of $2.3bn. At 5pm AEDT ...
Tags: trade deficit, Australian Bureau of Statistics, Australia
So a particular toy is being sold in a particular retailer exclusively for a limited period. There’s nothing wrong with a little exclusivity between friends, right? Why shouldn’t a company and a retailer be able to ...
Tags: toys, retailer, trade figures
The Confederation of British Industry(CBI)has highlighted food manufacturing and agriculture as one of seven key"champion sectors"for growth,urging the government to develop a"coherent industrial strategy to boost exports". Agri-food ...
South Africa’s trade deficit narrowed in February from a three-year high in the previous month as vehicle and machinery exports climbed. The shortfall eased to 7.5 billion rand ($976 million) from 13.5 billion rand in January, the ...
Tags: market view, machinery