THE Australian sharemarket fell slightly in quiet trading today as global equity markets awaited the outcome of negotiations to avoid the so-called fiscal cliff that threatens to slow the US economy next year unless lawmakers reach ...
According to Epistar's executive, the company expects a turnaround this quarter, thanks to strong demand for LED TVs and LED lighting would help boost factory utilization and lift gross margin significantly to more than 20 percent. ...
Reuters reported that London copper edged up bracing to finish the month higher on signs that a recovery in China's economic growth took root in November although worries over Europe and the United States kept gains constrained. Three ...
Tags: copper price, China's economic growth, world's economy
Reuters reported that London copper inched up after a prominent US lawmaker expressed confidence the world's top economy would avert a looming fiscal crisis but worries China's return to growth will be sluggish weighed on sentiment. ...
The short term market outlook has been revised downwards again According to the latest OECD Economic Outlook,released on 27 November 2012,the global economy is weakening again driven by a significant drop in confidence.High and,in some ...
Tags: steel, short term market outlook, weakening global trade, slowdown
NYMEX January crude and ICE Brent futures settled lower Friday as bullish headline numbers on US unemployment were not enough to keep oil futures from weakening on macroeconomic concerns. January crude settled 33 cents lower at ...
US rail transportation of petroleum products in the week ended Saturday increased 65.3% year on year, the Association of American Railroads said Thursday. Petroleum products carloads increased to 13,275 in the most recent week, from 8,033 ...
Tags: rail transportation of petroleum products, petroleum product carloads
Reuters reported that Brent crude oil fell below USD 111 per barrel as a lack of progress in US budget talks to avert a fiscal crisis darkened the outlook for demand in the world's biggest oil consumer. Top US Republican lawmaker John ...
Tags: US fiscal, oil, oil consumer
Increasing possibilities of a free trade agreement (FTA) between India and the EU is upsetting Bangladeshi readymade garment (RMG) exporters, who are already grappling against difficulties posed by Eurozone crisis and troubles in US ...
Tags: FTA, free trade agreement, RMG, Eurozone crisis
EQUATE Petrochemical Company said that the global petrochemical industry was facing serious global challenges. Delivering the keynote address at PETCHEM Arabia in Bahrain, EQUATE President & CEO Mohammad Husain said, “The challenges ...
Tags: EQUATE, petrochemical industry, gas development, gas
London copper rose near a one month high early after lenders secured an aid deal for Greece boosting the euro and building on confidence about global demand for the metal sparked by signs of an economic revival in top consumer China. ...
Tags: copper, copper price, IMF, Greek Debt Deal
The US election result has evoked a mixed reaction from the South Asian textile and apparel exporters. While, most of the textile and garment exporters in the region have welcomed the victory of Mr. Barack Obama, Pakistani exporters ...
Tags: textile exporter, apparel exporter, textile, EAB, RMG, FNCCI
China's lackluster manufacturing sector will continue to struggle in the second half of the year, a newly released government report said, threatening to deprive the world's biggest manufacturing hub of a growth driver. The sector will ...
Tags: market view, machine
Tirupur Exporters Association(TEA)held its 22nd Annual General Meeting(AGM)on September 10,2012.Speaking on the occasion,Dr Sakhtivel-President of TEA discussed the activities and action taken by TEA to address various issues. Excerpts ...
Tags: TEA, AGM, textile industry, Dr Sakhtivel-President
The iPhone 5,which is expected to be announced tomorrow,could provide a financial boost to the US economy of up to 0.5 per cent. That's according to financial services firm JP Morgan,which predicts sales of eight million iPhone 5s ...
Tags: Apple iPhone 5, boost economy, JP Morgan, financial services firm