Asia
Asia
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Investor Sentiment at a Negative Extreme Seems Like a Contrarian's Dream Scenario to Us
Apr 15, 2013The bottoming process in gold and gold mining shares continues to be an extended and frustrating affair. Nevertheless, the fundamental rationale for positioning physical bullion and gold mining shares seems more compelling than ever. ... ...
Tags: Gold Bullion, accelerated decline
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Materials Can Shift and Become Unstable Causing Components to Move During Transport
Apr 15, 2013During an automated packaging process, materials can shift and become unstable causing components to move during transport. An international manufacturer of solar cells turned to Glue Dots Intl. to resolve this very issue. The problem: ...
Tags: Adhesive, Cables, Automated Packaging
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The Fourth Quarter Sales of Hooker Furniture Increased by 9.7%
Apr 15, 2013Hooker Furniture said sales rose 9.7% in the fourth quarter, as the company finished its fiscal year with solid performances by its case goods and upholstery segments. Profits also jumped to $3.7 million, or 34 cents per share, in the ...
Tags: Hooker Furniture, Furniture, Furnishing
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Industrial Pump Purchases in China Will Rise From $7.4 Billion This Year
Apr 14, 2013Industrial pump purchases in China will rise from $7.4 billion this year to over $8 billion in 2014 for an increase of eight percent. This is the latest forecast in Pumps World Markets published by the McIlvaine Company. Municipal water ...
Tags: Pump, Processing Machinery
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ASEAN Countries Steel Consumption Is Expected to Rise Healthily in The New Few Years
Apr 12, 2013It’s reported that the ASEAN countries’ steel consumption is expected to rise healthily in the new few years, according reported of the South East Asia Iron and Steel Institute (SEAISI). It’s known that the steel ...
Tags: Steel Consumption, SEAISI
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APTMA Leadership Briefed Ausberto Rodriguez Jara
Apr 12, 2013In line with its image building exercise to win market access, All Pakistan Textile Mills Association (APTMA) leadership briefed Ausberto Rodriguez Jara, the Ambassador of Paraguay about the strengths of textile industry in Pakistan the ...
Tags: Paraguay Envoy, Pak Textile Sector
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Australian Share Market Is Trading Higher Despite Weak Jobs Figures
Apr 12, 2013THE Australian share market is trading higher, boosted by a solid performance from US markets and expectations interest rates may fall following disappointing local jobs figures. The local bourse was buoyed by stronger markets on Wall ...
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Australian Shares Rose High as China's Import Data Helped US Shares to Record Highs
Apr 12, 2013AUSTRALIAN 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
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Korean Re-Rollers Are Trying to Bid Lower Prices of Japanese
Apr 12, 2013It’s reported that the Korean re-rollers are trying to bid lower prices of Japanese–origin hot rolled coil (HRC) for May delivery since the weaker market demand. The Japanese HRC April shipments price was at US$$600~US$610/ ton ...
Tags: Re-Rollers Expect, HRC Prices, Mineral
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Turkey's Monthly Industrial Turnover Index in February This Year Increased by 4.9 Percent
Apr 12, 2013According to the statistics released by the Turkish Statistics Institute (TUIK), Turkey's monthly industrial turnover index in February this year increased by 4.9 percent compared to the same month of the previous year and was up 0.1 ...
Tags: Metallurgy, Mineral, Energy
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Sharemarket Enjoyed a Bumper Day, Closing Almost 1.5% Higher on Positive Overseas Leads
Apr 11, 2013THE sharemarket enjoyed a bumper day, closing almost 1.5 per cent higher on positive overseas leads. the close today, the benchmark S&P/ASX200 index was up 71.3 points, or 1.45 per cent, at 4976.8 points. The broader All Ordinaries ...
Tags: economy
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Move Along Now, Nothing to See
Apr 11, 2013"MOVE along now, nothing to see." Constable Plod's old refrain looks an apt way to sum up Criterion's performance in the March quarter, with his "buy" calls rising an average 1 per cent in a quarter in which the broader market surged 5 per ...
Tags: economy
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Dollar Backs Above $US1.04 as Weakness in Greenback and Softer Chinese Inflation Figures
Apr 11, 2013THE dollar is back above $US1.04, thanks to weakness in the greenback and softer Chinese inflation figures. At 5pm AEST, the Aussie was at $US1.0424, up from $US1.0379 yesterday. Rochford Capital senior consultant Richard Breen said ...
Tags: economy
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BHP Billiton, Rio Tinto and Woodside Petroleum Jumped After Commodities Rose
Apr 11, 2013BHP Billiton, Rio Tinto and Woodside Petroleum jumped between 1.4 per cent and 3.5 per cent after commodities including copper, oil and iron ore rose between 0.6 per cent and 1.3 per cent early yesterday. Among iron ore pure plays, ...
Tags: economy
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Australian Dollar Opened Higher as Commodities Prices Pushed Currency Towards 105 US Cents
Apr 11, 2013The Australian dollar opened higher as a fresh bout of US dollar weakness and firmer commodities prices pushed the local currency towards 105 US cents. At 7am AEST the dollar was at 104.90 US cents, up from yesterday’s local close ...
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