China-based investment firm Legend Holdings has signed a strategic agreement with Australian seafood company Kailis Family. Under the agreement, Legend Holdings and Kailis Family will form a joint venture named KB Food Group, in which ...
Tags: Legend Holdings, Cooperation, Kailis Family, Seafood
The Australian dollar opened below 99 US cents as another rally on Wall Street boosted the greenback. At 7am AEST, the local currency was trading at 98.92 US cents, down from yesterday’s local close of 99.80 US cents, marking the ...
Tags: Dollar, US Markets, Service
AUSTRALIAN shares rose to a two-week high yesterday as China's strong March import data helped US shares to record highs, and after minutes of a Federal Reserve meeting did little to change the belief that it is committed to supporting the ...
Tags: economy
The Australian dollar fell after US stocks lost ground overnight. At 6.30am AEDT the local unit was trading at 102.89 US cents, down from 103.01 cents at yesterday’s local close. US shares fell, after they reached five-year peaks ...
Tags: US shares, Australian dollar, US stocks
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 ...
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 ...