Weaker-than-expected Chinese manufacturing data sent the dollar lower today, ahead of all-important US employment figures due overnight. China's official Purchasing Managers Index fell to 50.4 in January from 50.6 in December, lower than ...
Tags: Dollar, Australian dollar, exchange rate
The sharemarket rose after a report showed falling interest rates were lifting parts of the nation's housing market, while manufacturing data from China indicated that an economic recovery remained on track. BHP Billiton, the world's ...
Tags: Stocks, economic recovery, iron ore gains
The Australian dollar gained yesterday after US politicians agreed on a range of measures designed to avert sweeping tax hikes and about $US110 billion ($105bn) in spending cuts, known as the fiscal cliff. The agreement boosted sentiment ...
Tags: Australian dollar, US, Dollar, fiscal cliff
The Australian dollar gained today after US lawmakers agreed on a range of measures designed to avert sweeping tax hikes and around $US110 billion in spending cuts, known as the fiscal cliff. After weeks of negotiations that had already ...
Tags: Australian Dollar, US, Fiscal Cliff, currency
(China Glass Network) With the global economy backing to life, domestic macro-economy shows great potential. The market has the confidence back, too. American GDP is up to 3.1 percent which creates a new record from the 2011. It is the ...
Tags: Glass Industry, Glass, flat glass industry, flat glass
Arabian Business reported that Hydra Properties is being forced to auction three plots of land in Dubai to settle outstanding payments owed to homeowners who won legal cases against the developer for delayed and cancelled real estate ...
Tags: homeowners, real estate projects, payments
Over the past few years much has been said about the amazing economic and industrial growth achieved by China.Let's be honest,China's growth has been absolutely remarkable and is the envy of the world.In 2010 China became the world's ...
Tags: China, Remarkable, Growth, Clay
A landmark mortgage law approved by Saudi Arabia on Monday would tackle soaring property prices, spur lending and give a strong boost to the economy but it will take time before its full results are felt, a local study said on Wednesday. ...
Tags: market view, cement
In their annual results for 2011, coatings producers in Europe have been predicting that 2012 will be much the same overall as last year in terms of growth in sales and profits. There would, nonetheless, be one major difference between the ...
Tags: News Update, Industry Trends, coating
Sany Heavy Industry Co. (600031), China’s biggest maker of excavators, may cut its unit-sales forecast for this year as government efforts to curb property speculation slow construction. “Given the weak market, I think ...
Tags: market view, excavators
Demand for cutlery and hand tools collapsed in 2007, another casualty of the housing market crash. In 2010 and 2011, however, the industry was able to post revenue gains thanks to rising consumer spending and export demand. The industry has ...
Tags: Industry Trends, hand tool