Asia
Asia
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Japan's Ferroalloy Imports Increasing by 21.2% Month on Month
Jan 6, 2013According to statistics released by Japan's Ministry of Finance, Japan's ferroalloy imports totaled 135,680 metric tons in October this year, increasing by 21.2 percent month on month and down 1.5% compared to October 2011. Meanwhile, ...
Tags: Japan, Ministry of Finance, ferroalloy imports, ferroalloy
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Sharemarket Moved The Dial a Click Further to Boom Conditions
Jan 6, 2013The sharemarket moved the dial a click further to boom conditions by closing at a 19-month high thanks to growing interest in blue chips and miners, and a strong tailwind from the US market's fiscal resolution-driven 2.35 per cent, ...
Tags: sharemarket, growing interest, blue chips, miners
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Sharemarket Closed Higher for a Second Day
Jan 6, 2013The sharemarket closed higher for a second day yesterday, buoyed by a last-minute budget deal in the US that drove global equities and commodity prices sharply higher on Wednesday night. The benchmark S&P/ASX 200 finished up 0.7 per cent ...
Tags: sharemarket, US, global equities, commodity prices
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Sharemarket Started New Year with Bang as US Politicians Agreed on a Budget Deal
Jan 6, 2013The sharemarket started the new year with a bang as US politicians agreed on a budget deal to avoid the worst of the so-called fiscal cliff, which had threatened to derail the world's biggest economy. The benchmark S&P/ASX 200 closed up ...
Tags: sharemarket, bang, US, fiscal cliff
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Australian Markets Got off to a Roaring Start to 2013
Jan 6, 2013Australian markets got off to a roaring start to 2013 yesterday, with the avoidance of the January 1 US fiscal cliff of tax increases and spending cuts combining with rising iron ore prices to send the stockmarket on its biggest one-day ...
Tags: shares, 2013, US, fiscal cliff, stockmarket
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Australian Dollar Hit Two Week High After US Politicians Succeeded in Passing Legislation
Jan 6, 2013The Australian dollar has hit a two week high after US politicians succeeded in passing legislation to avoid a potential economic crisis. At 07:00 AEDT, the local unit was trading at $US1.0490, up from $US1.0473 yesterday. In ...
Tags: Australian dollar, US Dollar, Yen, currency market
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Market Watchers Predict Local Sharemarket Will Forge Further After Surging Almost 15%
Jan 6, 2013Market watchers predict the local sharemarket will forge further ahead this year after surging almost 15 per cent last year, the result of a second-half recovery that defied concerns about sovereign debt in Europe and the US and a Chinese ...
Tags: shares, 2013, non resource sectors, sharemarket
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Personal Protective Equipment Market in The GCC Earned Revenues of USD 320.8 Million
Jan 6, 2013It is reported that the personal protective equipment market in the GCC earned revenues of USD 320.8 million in 2011 and this is estimated this to reach USD 452.4 million in 2017. The Strategic Analysis of the GCC Personal Protective ...
Tags: personal protective equipment market, GCC, infrastructure development
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Iron Ore Swaps Rose Almost Threefold to a Record This Year
Jan 6, 2013Bloomberg reported that trading in iron ore swaps, used to bet or hedge on the future cost of the steelmaking commodity, rose almost threefold to a record this year as prices slumped to the lowest in nearly three years before rebounding. ...
Tags: iron ore, steelmaking commodity, future cost, SGX AsiaClear
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Turkey Has Immunized Its USD 2 Billion Loan to Egypt Against Variables
Jan 6, 2013A government source said that Turkey has immunized its USD 2 billion loan to Egypt against variables such as a court ruling. The loan agreement also requires the Egyptian government to involve Turkish companies in public sector ...
Tags: Turkey, Egypt, public sector investment, court ruling
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The United Arab Emirates' Total Exports of Aluminium and Its Products Rose by 102%
Jan 6, 2013A study released on Saturday by the Ministry of Foreign Trade has revealed the United Arab Emirates’ total exports of aluminium and its products rose by 102% (USD 1.5 billion) during the first half of 2012 in comparison with the same ...
Tags: United Arab Emirates, exports, aluminium, aluminium products
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Debar Price Was Upward Till Tuesday Then Finished The Week Downward
Jan 6, 2013Debar price was upward till Tuesday then finished the week downward. Average price of debar in Esfahan market started the week at IRR 17.325 million per tonne then after some up and down fluctuations finished the week at IRR 17.67 million ...
Tags: Debar price, Esfahan market, debar market, Iran
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Audi Will Hike The Prices of Its Entire Range of Models by up to INR 3.69 Lakh
Jan 6, 2013PTI reported that luxury car maker Audi will hike the prices of its entire range of models by up to INR 3.69 lakh with effect from January 1st due to rising input costs and falling rupee. Mr Michael Perschke head of Audi India in a ...
Tags: luxury car, Audi, rising input costs, pricing strategy, India
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Lebanon Ill Seewk Bids From February 1st From Companies Wanting to Pre Qualify for Oil
Jan 6, 2013Reuters reported that Lebanon ill seewk bids from February 1st from companies wanting to pre qualify for oil and gas exploration drilling in its Mediterranean waters and has set a May 2nd date for formal applications. Seismic surveys ...
Tags: Lebanon, oil, gas exploration drilling, natural gas
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Gulf Cooperation Council Governments Are Likely to Spend Around USD 100 Billion
Jan 6, 2013GCC rail infrastructure consultants said that Gulf Cooperation Council governments are likely to spend around USD 100 billion laying an estimated 6,000 kilometer to 8,000 kilometer of new railway track up to 2020, a move that will require ...
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