THE sharemarket jumped after Cyprus reached an in-principle agreement with the troika of international lenders on key parameters of a financial bailout, according to an EU official. Under the agreement, Cyprus' Laiki Bank would be split ...
Tags: economy
BlackBerry shares fell for the second day in a row after a disappointing US launch for the Z10 saw investment firm Goldman Sachs downgrade its rating for the Canadian firm. The downgrading comes just days before BlackBerry is set to ...
Tags: Blackberry, Computer Products, Consumer Electronics, smartphone
The prospects for Australia's biggest commodities export continue to worsen in the eyes of forecasters, with the federal government's forecaster wiping $66 billion from expected iron ore export revenue out to 2016-17 and leading global ...
Tags: iron ore export revenue, sharemarket, share
International credit rating agency Moody's has announced that it has downgraded Russian steelmaker Mechel's rating to B3 from B2, changing its outlook to negative from stable. Moody's stated that the downgrade reflects low coking coal ...
Tags: steelmaker, steel, Mechel
The sharemarket weakened after an early rise, as resources companies declined on uncertainty about China's growth outlook and Goldman Sachs downgraded the resources sector from overweight to neutral. Further gains in high-yield and ...
Tags: sharemarket, Stock, defensive stocks
The sharemarket reversed an early rise as mining companies declined on uncertainty about China's growth outlook and Goldman Sachs downgraded the resources sector to from overweight to neutral. High-yield and defensive sectors initially ...
Tags: Stocks, sharemarket, shares
The sharemarket reversed an early rise as resources companies declined on uncertainty about China's growth outlook and Goldman Sachs downgraded the resources sector from overweight to neutral. High-yield and defensive sectors initially ...
The benchmark S&P/ASX 200 closed down 0.2 per cent at 5109.2 after hitting a 4 1/2-year high of 5135.7 in early trading. Share trading value worth $5.2 billion slipped just below the 20-day moving average of $5.3bn. Asian markets were ...
Tags: benchmark, economic data, finance
Last week the content-creating industry launched a new effort aimed at preventing copyright infringement: the Copyright Alert System—CAS, also called "six strikes." It's a warning system intended to curb illegal downloads of music, ...
Kang Dian, the chairman of NCI also served as the chief executive officer, President He Zhiguang became the chief operating officer, the management framework, personnel and authority have also been adjusted. This adjustment mainly ...
The Australian dollar fell slightly against its US counterpart following a downgrade to Britain's credit rating. At 6.30am AEDT the currency was trading at 103.05 US cents, down from 103.13 cents at Friday’s local close. Ratings ...
Tags: Australian dollar, US dollar, currency
The sharemarket recorded its biggest one-day fall for nine months after minutes from the US Federal Reserve's recent policy-setting meeting revealed unease about the bank's stimulus efforts. The benchmark S&P/ASX 200 closed down 2.3 per ...
Tags: Stocks, sharemarket, share
Shares were on track for their biggest fall in three months after minutes from the Federal Reserve's most recent policy-setting meeting showed rising unease about the US central bank's recent stimulus efforts. Domestic earnings reports had ...
The Skoda Superb is being readied for a mid-life facelift, with the five-year-old large liftback soon to adopt styling cues from the company’s brand new Rapid and Octavia models. As our spy pictures show, the Superb keeps the round ...
Since its 1989 introduction, the Lexus LS has steadfastly followed one mission statement: serve as a loyal, plush, isolating, and pampering cruiser for its affluent clientele. Updates for 2013 move the compass needle a bit, but otherwise it ...