Banks, property trusts, consumer staples and energy companies pushed the sharemarket to its highest close since September 2008, as investors digested earnings reports while awaiting the overnight release of minutes from the US Federal ...
Tags: Banks, property trusts, consumer staples, energy companies
The Australian dollar fell one US cent, after it was revealed that there are concerns about the US Federal Reserve's stimulus program. At 6.30am AEDT the local unit was trading at 102.61 US cents, down from 103.65 cents at ...
Tags: Australian dollar, US cent, currency
The dollar was higher late today after the central bank signalled that, while another interest rate cut was possible, it was in no mood to deliver it just yet. At 4.05pm AEDT, the Aussie was trading at $US1.0324, up from $US1.0296 late ...
Tags: Dollar, Reserve Bank, Rate
A sharp rise in consumer confidence in February fuelled a strong bounce by the dollar yesterday. At 5pm AEDT, the currency was trading at $1.0339, up US0.84c, after touching an intraday high of $US1.0361. A survey published by Westpac ...
There is a lot yet to be told about how going private will change Dell, but one thing it won't change is its enterprise strategy. With its $24.4 billion buyout, Dell's enterprise strategy "does not change," Jess Blackburn, a spokesman for ...
Tags: Dell, enterprise strategy, company news
Australian businesses have pulled back their profit expectations for the coming months as they anticipate modest sales activity, difficult trading conditions and subdued consumer activity. After showing signs of optimism leading into the ...
Italian car maker Fiat expects to complete the merger of its partner, the Chrysler Group by 2014 in the US. Fiat-Chrysler CEO Sergio Marchionne was quoted by Repubblica newspaper as saying that the company will succeed in doing it. "We ...
The Australian dollar moved higher with traders largely shrugging off Julia Gillard's surprise calling of a September 14 election. The announcement stunned political pundits but elicited little reaction in currency markets. At 4.30pm ...
The Australian dollar moved higher in Asian trading, largely ignoring the announcement of a federal election on September 14. The announcement stunned political pundits but elicited little reaction in currency markets. At 5pm AEDT, the ...
The Australian dollar gained against the greenback but lost ground versus the yen after the Bank of Japan agreed an "open-ended" commitment to ending deflation through asset purchases and a 2 per cent inflation target. The moves, although ...
Tags: Dollar, yen, Australian dollar
The sharemarket rose yesterday after US housing data suggested economic growth in the world's biggest economy was likely to continue, and above-consensus GDP data from China showed that an economic recovery in Australia's biggest trading ...
Tags: stocks, sharemarket, economic
The Australian dollar was higher late in local trade after China's economy grew more quickly than expected in the fourth quarter, helping cement views that the world's second-largest economy is recovering from a more than two-year slowdown. ...
Tags: Dollar, Australian dollar, economy
The Australian sharemarket closed at a 19-month high as firming expectations of a February interest rate cut helped banking stocks. At the close today, the benchmark S&P/ASX 200 index was 18.3 points, or 0.38 per cent, higher at 4756.6 ...
IDG News Service - Former President Bill Clinton made a surprise appearance at the International CES on Wednesday, where he talked a little about technology and a lot about hot-button political issues like the environment and gun control. ...
Tags: politics, technology, Internet
On December 21,2012,Bank of China and Baosteel Group global cash management service overall framework agreement signing ceremony is held in Shanghai.As one of the first batch of"multinational company headquarter funds centralized ...
Tags: BOC, Baosteel Group, global cash management service agreement