Africa Economy news, Markets and Business Trends - Made-in-China.com

Sharemarket Opened Almost 1.5% as Italian Elections Stoke Eurozone Fears

Feb 26, 2013

The sharemarket has opened almost 1.5 per cent weaker as former Italian prime minister Silvio Berlusconi's strong electoral showing sparked fears of eurozone instability. At 10.26am AEDT the benchmark S&P/ASX200 index was down 75.1 ...

Tags: Stocks, Italian Elections, CMC Markets

Australian Dollar Fell Slightly Against Its US Counterpart

Feb 25, 2013

The Australian dollar fell slightly against its US counterpart following a downgrade to Britain's credit rating. At 6.30am AEDT the currency was trading at 103.05 US cents, down from 103.13 cents at Friday’s local close. Ratings ...

Tags: Australian dollar, US dollar, currency

Walter Energy Has Announced Its Financial Results for The Fourth Quarter

Feb 25, 2013

US-based metallurgical coal producer Walter Energy has announced its financial results for the fourth quarter and the full year 2012, reporting solid operational progress during 2012 in the face of challenging market conditions. In the ...

Tags: Energy, coal producer, met coal

Global DRI Production in January This Year in The Countries Reporting to Worldsteel

Feb 25, 2013

According to the preliminary data released by the World Steel Association (worldsteel), global direct reduced iron (DRI) production in January this year in the countries reporting to worldsteel amounted to 4.5 million metric tons, declining ...

Tags: DRI output, DRI, Steel

Global Pig Iron Production in The 38 Countries Reporting to Worldsteel

Feb 25, 2013

According to the preliminary data released by the World Steel Association (worldsteel), global pig iron production in the 38 countries reporting to worldsteel accounting for approximately 99 percent of total world blast furnace pig iron ...

Tags: pig iron output, pig iron, Steel

Metals Service Center Olympic Steel Announced Thursday Financial Results for Q4 2012

Feb 25, 2013

Metals service center Olympic Steel announced Thursday financial results for Q4 2012 and for the full year 2012. Net sales for the Q4 totaled $291.7 million, an 8.8 percent decrease from the Q4 record of $319.9 million reported in last ...

Tags: Olympic Steel, Steel, sales

China's Benxi Steel Raises Its Prices for Hot Rolled Plates/Coils for March

Feb 22, 2013

Reportedly, China’s Benxi Steel announced to raise its prices for hot rolled plates/coils by RMB130~RMB150/ton for March. Also, the company increased the prices for cold rolled sheets/coils and galvanized steel sheets by ...

Tags: Benxi Steel, steel flats, steel

Australian Dollar Fell to Four-Month Low After Equities Markets Suffered Heavy Losses

Feb 22, 2013

The Australian dollar fell to a four-month low after equities markets suffered heavy losses in overnight trade. At 6.30am AEDT the local unit was trading at 102.25 US cents, down from 102.35 cents at yesterday’s local close. Early ...

Tags: Australian dollar, dollar, equities markets

There Was Little Evidence of Meaningful Switch by Global Investors Into Equities

Feb 22, 2013

A TOP BlackRock executive said there was little evidence of a meaningful switch by global investors into equities from fixed-income assets, even after recent strong sharemarket gains. "There appears to be a lot of cash coming off the ...

Tags: shares, investors, sharemarket

Shares Were on Track for Their Biggest Fall

Feb 22, 2013

Shares were on track for their biggest fall in three months after minutes from the Federal Reserve's most recent policy-setting meeting showed rising unease about the US central bank's recent stimulus efforts. Domestic earnings reports had ...

Tags: Stocks, Shares, benchmark

Sharemarket Is Puseed to Its Highest Close Since September 2008

Feb 21, 2013

Banks, property trusts, consumer staples and energy companies pushed the sharemarket to its highest close since September 2008, as investors digested earnings reports while awaiting the overnight release of minutes from the US Federal ...

Tags: Banks, property trusts, consumer staples, energy companies

Sharemarket Closed at Fresh Four-Year High as Gains by Financial Stocks Offset Falls

Feb 21, 2013

The sharemarket has closed at a fresh four-year high as gains by financial stocks offset falls by the big miners. At close today, the benchmark S&P/ASX 200 index had risen 16.8 points, or 0.33 per cent, to 5098.7 points, while the broader ...

Tags: sharemarket, financial stocks, big miners

Pure Via, The All-Natural, Zero-Calorie Sweetener Has a Sweet New Look

Feb 21, 2013

Pure Via, the all-natural, zero-calorie sweetener that's made from the sweetest part of the stevia plant, now has a sweet new look. Moving forward, both the brand's packaging and website will feature a natural look and feel that better ...

Tags: Pure Via, sweet new look, Packaging Mirrors

DAK Americas and Nan Ya Plastics Intend to Raise Polyethylene Terephthalate Prices

Feb 21, 2013

DAK Americas and Nan Ya Plastics intend to raise polyethylene terephthalate prices for March by 2 cents/lb, according to a pair of letters obtained Tuesday by Platts. Both companies cited higher raw materials costs as the reason for the ...

Tags: polyethylene terephthalate prices, PTA, PET

Dell Has Reported Another Quarter of Declining Revenue and Profit

Feb 21, 2013

Dell has reported another quarter of declining revenue and profit as the company's CEO continues his battle to take the PC maker private. It was the fifth consecutive quarter in which Dell's profits shrank, and the fourth in which it ...

Tags: Dell, desktop, laptop PCs

Africa

Africa

Hot Products