Cement stocks have fallen sharply this week. In an interview to CNBC-TV18, Deep Mukherjee of India Ratings says he expects the cement sector to grow in the range of 5-8 percent for calendar year 2013. Below is the edited transcript of ...
Tags: Cement stocks, India, cement, cement industry
Reuters reported that global stock markets surged almost 2.0%and commodity prices rallied yesterday after US legislators struck a deal to halt a round of automatic fiscal tightening that threatened to push the world's largest economy into ...
Tags: Saudi Market, Rallies, Fiscal Deal
Hurricane Sandy exposed a decided lack of contingency planning on Wall Street, according to a report by a research firm. With the Northeast still experiencing the effects of widespread storm damage, the business continuity plans of stock ...
Tags: Hurricane Sandy, Wall Street, storm damage, business
Resource developers, especially in the rare earths space, are suffering from the market's obsession with immediate results, says Byron King, writer and editor for Agora Financial's Outstanding Investmentsand Energy & Scarcity Investor ...
Tags: Metallurgy, Mineral Energy, Rare Earth
MENA reported that the Egyptian Stock Exchange rose on December 20th Thursday after the announcement of positive news related to the economy. This, combined with a brief period of political calm in between the two rounds of voting in the ...
Tags: Egypt, Stock Exchange, optimism, investor
Asian aromatics hit all-time highs this week on shrinking supplies and rising feedstock costs. Toluene and styrene monomer spot prices set new records Wednesday, assessed at $1,388.50/mt FOB Korea and $1,674/mt FOB Korea respectively while ...
Tags: Asian Aromatics, Chemicals, Tight Supply, Speculation
THE Australian dollar was more than a third of a US cent lower following slides on global stock markets. At 6.30am AEDT the currency was trading at 105.16 US cents,down from 105.52 cents at yesterday's local close. The currency's move ...
Tags: Australian dollar, US, Europe
In the midst of a gloomy GDP growth scenario, an ASSOCHAM business confidence survey has indicated that the slowdown is about to bottom out, but it may get a little worse before it gets better in the last quarter of the current financial ...
Tags: GDP, current financial year, business confidence survey
Textile manufacturing companies have never been darlings of Indian stock markets, mainly because of their capital intensive and cyclic nature of the business. However, Indian textile firms which are in to branding of fabrics and apparels ...
Tags: textile firms, Mandhana, textile, fabric
Yesterday's launch of Apple's iPhone 5 has drawn the usual line in the sand among industry commentators. Further reading Apple reveals iPhone 5 Apple to launch new iPhone,among other products The fall of the house of Apple Between ...
Many China-based solar firms facing financial troubles As many China-based makers of polysilicon,solar wafers and cells have faced financial difficulties,a financial crisis may lead to some of them following the case of LDK ...
Tags: China-Based Solar Firms, LDK Solar, solar wafers, financial difficulties
Osram is the LED firm under Siemens. The revenues for the fiscal year 2011 (from 2010 October to 2011 September) were EUR5 billion (US$6.46 billion). Osram currently has around 40,000 employees with market value estimated around EUR5-7 ...
Tags: Market View, led diode
Siemens AG has delayed the initial public offering(IPO)of its Osram lighting unit following the slump in global stock markets. A statement on the German company's website said it was'firmly holding'to its plans to list the lighting ...
Tags: Siemens, Osram IPO, German, stock markets
Chinese rebar futures rebounded on Wednesday from their lowest in more than five weeks, supported by an Asian market rally and a rise in the country's steel exports for the first time in four months + SHFE Jan rebar up 0.5% at 4,790 yuan ...
Tags: steel
Solar firms are bracing for the possible effects on the solar market due to the debt crisis in the US. The debt crisis could cause a downturn of the global economy and curb installation demand. Demand in the solar market has been returning ...
Tags: market view, solar