The local sharemarket's stellar finish to the year threatens to be curtailed by faltering US political efforts to avoid the"fiscal cliff"of$US600 billion tax rises and spending cuts automatically coming into effect on January 1. Despite ...
Tags: equities, fiscal cliff, US economy, political efforts
Even with the myriad of obstacles preventing a full scale recovery for the overall U.S. economy, the design and construction industry appears to have reasons to be at least modestly optimistic in the coming months and into next year. A ...
Tags: construction industry, recovery, economy, projections
AUSTRALIAN shares ended a holiday-shortened trading session modestly higher today,with gains in the mining and financial sectors pushing the market to an 18-month high. The rise sets the market up to end the year almost 14 per cent ...
Tags: shares, market, stocks, financial sectors
It was a ghost who revealed to Ebenezer Scrooge the"shadows of what may be,"but today we rely on studies for similar,if not equally dramatic insights.One such study,released last week,predicts that 2023 may be the year that America loses ...
Tags: R and D, track, government, investment, research spending
For fiscal second-quarter 2013 (to end-September 2012), Advanced Photonix Inc of Ann Arbor, MI, USA (which designs and makes silicon, InP- and GaAs-based APD, PIN, and FILTRODE photodetectors, HSOR high-speed optical receivers, and T-Ray ...
Tags: Advanced Photonix, sales, high speed optical receiver, network spending
THE sharemarket ended the week on a low note as investors took fright after US budget talks on the fiscal cliff fell into disarray. The benchmark S&P/ASX 200 closed down 10.5 points,or 0.2 per cent,at 4623.6,reversing gains that had seen ...
Tags: fiscal cliff, Australian companies, US
THE bad news out of Washington as talks to resolve the US fiscal cliff broke down pushed the dollar lower as investors ran to the safe haven of the greenback. At 5pm AEDT,the dollar was trading at$US1.0453,down US0.38c. Risk appetite ...
Tags: Washington, US fiscal cliff, economy
The Australian dollar is slightly lower on concerns the United States'budget problems will not be resolved before the year's end. At 07:00 AEDT,the currency was trading at$US1.0488,down from$US1.0491 yesterday afternoon. Bank of New ...
Tags: THE Australian dollar, currency, dollar, fiscal cliff
THE sharemarket ended the week on a low note as investors took fright after budget talks in the US to resolve the fiscal cliff fell into disarray. The benchmark S&P/ASX 200 closed down 10.5 points, or 0.2 per cent, at 4623.6 points, ...
Tags: Market, reversing gains, IG institutional trader Chris Weston
Reuters reported that London copper slipped bruised by the struggles of US lawmakers to find a fix to a looming fiscal cliff and on a rebound in the dollar after it tumbled following the Federal Reserve's extension of loose monetary policy. ...
Tags: copper, metals, Metal Exchange, metals demand
Billings at architecture firms across the country continue to increase,according to the latest report from the American Institute of Architects(AIA).The Architecture Billings Index(ABI),which reflects the approximate nine-to twelve-month ...
Tags: AIA, Architecture Billings Index, ABI
NYMEX January crude futures settled 88 cents lower at $85.89/barrel Thursday, while the rest of the complex also declined on a weak equities performance and US dollar strength. January heating oil settled 2.31 cents lower at ...
Tags: NYMEX, crude futures, weak equities performance, heating oil
LOCAL shares rose for the third straight day today, hitting a fresh 17-month high as investors sought defensive and higher-yielding stocks as concern grew over the fate of US negotiations on the so-called fiscal cliff. The benchmark ...
THE sharemarket continued its climb yesterday, reaching a 17-month high on positive news from Europe as US politicians inched closer to a deal on the fiscal cliff crisis. Utilities, energy, industrials, telecommunications, materials and ...
Tags: Positive, News Fuels, politicians inched
Enterprise IT decision makers are about half as enthusiastic about the new Windows 8 as they were three years ago about the then-just-released Windows 7, an analyst said. Employees, however, have a higher-than-expected interest in the ...
Tags: CEO Steve Ballmer, consumerisation, Microsoft, Windows 7