WITH just one trading day left this year, the sharemarket climbed to a 19-month high yesterday as stronger iron ore, copper and oil prices boosted miners, and investors bought shares in anticipation that US politicians can reach a deal to ...
The Australian sharemarket has opened higher with traders focusing on late gains made in the US session rather than the fact leaders there are yet to agree on avoiding the looming fiscal cliff. At 1045 AEDT,the benchmark S&P/ASX200 index ...
Tags: Fiscal Cliff, index rose, Stocks, share price
The Australian sharemarket closed higher yesterday as US President Barack Obama cut short his Christmas holiday to return to Washington for talks aimed at avoiding the so-called fiscal cliff. Locally,investors remained optimistic that ...
Tags: Stock, sharemarket, tax, bank
THE Australian dollar is higher as sentiment about the US budget negotiations continues to be the main driver for financial markets. US President Barack Obama cut short his Christmas holidays in Hawaii to return to Washington for talks ...
Tags: in Bumpy Trade, Australian Dollar
Dell, once the world's biggest PC maker, has seen its quarterly profits slump by 47 per cent year on year to $475m (£300m), with sales to both consumers and businesses down. Third-quarter revenues from consumers were hit ...
Tags: Dell, PC, profits slump, sales
House of Representatives Speaker John Boehner's"Plan B"to limit income-tax increases to the wealthiest sliver of the population appeared likely to pass the House on Thursday evening after it narrowly cleared a procedural hurdle in the ...
Tags: sliver, US, House of Representatives, Obama
Reuters reported that London copper firmed after data showed China's manufacturers built on a recovery this month, driving a fifth straight week of gains but a lack of resolution to the US fiscal cliff kept a lid on prices. Growth in ...
Tags: London, copper, China, manufacturers
European chemicals output will contract by 2.0 per cent in 2012 compared with 2011, European chemicals group Cefic said. A lowering of its forecast released in September, the chemicals trade body downgrade reflects recent data showing a ...
Tags: chemical sector, chemical, chemicals output, chemicals group
THE Australian dollar is lower, trading on thin volumes, as investors remain cautious about the US budget negotiations. THE Australian dollar is lower, trading on thin volumes, as investors remain cautious about the US budget ...
LOCAL shares closed higher today as US President Barack Obama cut short his Christmas holiday to return to Washington for talks aimed at resolving the so-called fiscal cliff. Investors in Australia's sharemarket remained optimistic that ...
Billings at architecture firms across the country continue to increase, with the Architecture Billings Index posting gains for the fourth straight month this fall. The November ABI score was 53.2, up from the mark of 52.8 in October, ...
Tags: architecture firms, architecture, construction market, construction
Tech stocks were flat Friday afternoon after earnings announcements from IT vendors this week and a government economic report offered glimpses of good news, but not enough to dispel the pall that hangs over the technology market. Apple, ...
Tags: Tech stocks, IT vendors, technology market, Apple, Facebook, SAP
In consonance with the economic undulations prevalent in much of the developed world the steel market has been playing second fiddle. With whole of 2012 washed off in guess work about turnaround in the economic crisis in Europe and USA ...
Tags: flat steel market, flat steel, steel, steel prices
STOCKS fell in a quiet, preholiday session as concerns lingered that a fiscal stalemate could hit the economy in the new year. The Dow Jones Industrial Average slipped 51.76 points, or 0.4 per cent, to 13139.08. The markets closed early, ...
Tags: Stocks, Fiscal Cliff, fiscal stalemate
Oil prices in the global markets have risen amid news of a decline in US petroleum inventories, with Brent North Sea crude for February climbing USD 1.52 to end at USD 110.36 per barrel in London trade. AFP reported said that oil prices ...
Tags: Oil, prices, global markets, US petroleum inventories