The sharemarket rose for a third-consecutive session after the dollar weakened further overnight. Non-resources companies with US dollar income remained in demand, although commodity price falls restrained the resources sector. The ...
Tags: Stocks, Aussie Fall
The US Food and Drug Administration (FDA) has announced that it is requesting a budget of $4.7bn in 2014, which includes about $295.8m to strengthen food safety. The agency noted that the user fees would fund 94% of the proposed budget ...
Tags: FDA, Food Safety
The dollar has opened near $1.042 as market players look ahead to the Reserve Bank of Australia's interest rate decision. At 7am AEDT, the Aussie was at $1.0422, steady with Thursday's local close. Australian markets were closed on Good ...
Tags: economy, dollar, Australian markets
THE dollar has opened marginally higher as the Cyprus bailout deadline approaches. At 7am AEDT, the Aussie was trading at $US1.0438, up slightly from Friday's local close of $US1.0426. During the weekend offshore session, the currency ...
Tags: economy
THE Australian dollar remained close to 105 US cents after rising slightly during overseas trading. At 6.20am AEDT the Australian dollar was trading at 104.93 US cents, up slightly from yesterday’s local close of 104.82 US cents. ...
Tags: Australian Ollar, overseas trading, Australian economy, Australian dollar