The flow of economic data has improved markedly last month, setting the scene for a period of quiet on the interest rate-cutting front. Westpac's data pulse for Australia, which tracks the share of economic data released across the past ...
The sharemarket rose yesterday as defensive and high-yield stocks had broad-based gains after stronger-than-expected German business confidence data brightened the eurozone economic outlook and US earnings reports beat expectations. The ...
Tags: earnings, stocks, sharemarket
NYMEX April crude settled 29 cents higher at $93.13/barrel Friday after a largely rangebound trading session, bouncing back slightly after a two-day selloff. "We're pretty unchanged with the market attempting to stabilize after the ...
The Dow industrials posted their third triple-digit-point gain of the year, as Hewlett-Packard and American International Group AIG rallied on earnings and a reading on German business confidence topped expectations. The Dow Jones ...
Tags: Dow industrials, Hewlett-Packard, company news, AIG
The Australian Bureau of Statistics has found that 25% of part-time workers want more hours, against an agency finding that promotes part-time work. According to an Australian Bureau of Statistics (ABS) report, over a quarter of part-time ...
Tags: Australian Bureau of Statistics, part-time work, employment
Prime Minister Gillard … ‘tough but responsible’ Business and industry groups have expressed concern at the federal government proposal to strip $1 billion in tax concessions from Australia’s biggest companies as ...
The Australian dollar was half a US cent higher after the US dollar lost ground against the euro and the yen in overnight trade. At 6.30am AEDT the local unit was trading at 103.05 US cents, up from 102.55 cents at yesterday’s local ...
NEMA’s January Electroindustry Business Confidence Index (EBCI) for current North American business conditions built on the momentum generated at the end of 2012, climbing for a fifth month in a row to 73.8. The nearly 10 point gain ...
At 5pm AEDT, the Aussie was trading at $US1.0452, up from $US1.0449 on Friday. Since 7am AEDT, the local currency traded between $US1.0406 and $US1.0454. CMC Markets foreign exchange dealer Tim Waterer said the dollar had fallen over ...
Tags: AEDT, Aussie, local currency
Controversial Chinese firm Huawei has revealed its sales revenue for 2012 is to surpass the$35bn(£21.7bn)mark,with a net profit of$2.4bn(£1.4bn)–an increase of more than 10 per cent year-on-year for both figures. The ...
Tags: Huawei, telecommunication, US, UK, China
India Inc's aspiration for manufacturing sector is to be the Germany of the East and not Factory to the west CII-BCG Manufacturing Leadership Survey 2012 During CII’s 11th Manufacturing Summit 2012, the Confederation of Indian ...
Tags: Manufacturing sector, Manufacturing, GDP, global manufacturing
NEMA’s Electroindustry Business Confidence Index (EBCI) for current North American business conditions extended its late-year rally in December, climbing for a fourth month in a row to 63.9. The index reached its highest mark since ...
Tags: North American, EBCI, electrical equipment, Lighting
With all this economic gloom inevitably affecting business confidence in the industry, a small device, no bigger that five inches square, lifted my spirits. I might just have seen a dot of light at the end of the tunnel. The device in ...
Tags: mobile phone display, EDGE, HSPA, Samsung, OLED
In a sign of just how bruising the longer-than-expected fallout from the global financial crisis has been,the nation's chief dealmakers are entering the new year with cautious cheer. While expecting a better year following the worst 12 ...
Tags: global financial crisis, cautious cheer, investment bankers
The coatings industry in Europe has been bracing itself for an extremely difficult 2012 in which much of the region will be suffering from the effects of a severe economic downturn mainly due to the impact of the troubles with the euro on ...
Tags: coatings industry, Europe, OECD, severe economic downturn