North America
North America
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Sharemarket Closed Lower, Dragged Down by The Four Big Banks
Mar 15, 2013The sharemarket closed lower today, dragged down by the four big banks. At the close of trade, the benchmark S&P/ASX200 index was down 25.5 points, or 0.5 per cent, at 5092.4. The All Ordinaries index was down 24.2 points, or 0.47 per ...
Tags: sharemarket, four big banks, trade
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Sharemarket Fell with NAB Leading a Sell-off in Banks
Mar 14, 2013THE sharemarket fell this morning, with National Australia Bank leading a sell-off in banks after its strategy update failed to give any fresh bullish catalysts, and its cost-cutting plan undershot market expectations. Banks were also ...
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Apple Suppliers' Sales Fell 31% in February
Mar 14, 2013Apple suppliers' sales declined 31% in February, which meant that Apple's revenue is not optimistic. White regularly monitoring the apple core retail sales, if the retailer's sales momentum strong, often means that Apple's sales ...
Tags: Apple, Sales, Apple suppliers
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OECD Announces That GDP in The Oecd Area Grow by 0.5% Quarter on Quarter in The Q4 of 2012
Mar 14, 2013The Organization for Economic Cooperation and Development (OECD) has announced that gross domestic product (GDP) in the OECD area grew by 0.5 percent quarter on quarter in the fourth quarter of 2012 compared with 0.6 percent ...
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Seasonally-Adjusted Industrial Production Decreased by 0.4% in The Euro Area&in The EU-27
Mar 14, 2013In January this year, seasonally-adjusted industrial production decreased by 0.4 percent in the euro area and in the EU-27, as compared with December 2012. In December 2012, production had increased by 0.9 percent and 0.8 percent month on ...
Tags: Industrial Output, economy
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CCMA Will Become Part of The International Society of Beverage Technologists
Mar 14, 2013The Closure and Container Manufacturers Association (CCMA) will become part of the International Society of Beverage Technologists (ISBT), effective April 1, 2013. A group will be formed with representatives from both organizations to ...
Tags: Closure, ontainer Manufacturers, Assn, Beverage Technologists
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ICAC Is Inviting Applications for The 'icac Cotton Researcher of The Year 2013'
Mar 14, 2013The International Cotton Advisory Committee (ICAC) is inviting applications for the “ICAC Cotton Researcher of the Year 2013." The closing date for receipt of applications is March 31, 2013. A team of six judges handles the ...
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US's Nucor Plans to Lift Its Wire Rod Products for April Delivery
Mar 14, 2013Reportedly, US’s Nucor plans to lift its wire rod products by US$40/short ton for April delivery and it will expect to start on April 1st. Some of market participants reported that Nucor’s price increasing is not right ...
Tags: wire rod prices, wire rod, steel mills
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External Trade Statistics Are of Central Importance to Economic Policy
Mar 14, 2013External trade statistics are of central importance to economic policy. Among other things, its foreign trade contribution shows how a country is positioned compared to its trade partners. But how much do official statistics really tell us ...
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US February Unemployment Rate Showed Strong Economic Recovery
Mar 13, 2013U.S. Labor Department data released on March 8, US February non-agricultural unemployment rate has dropped to the lowest since December 2008. It indicates that the U.S. economy is recovering powerfully. The data showed that the U.S. ...
Tags: US, unemployment rat, economic recovery
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US Polypropylene Contract Prices for March Fell 6 Cents/lb to 82-83 Cents/lb
Mar 13, 2013US polypropylene contract prices for March fell 6 cents/lb ($132/mt) to 82-83 cents/lb ($1,808-$1,830/mt) for homopolymer injection grade on a delivered-via-railcar basis, sources said Monday. The decline was the result of a similar drop ...
Tags: polypropylene, CPs, contract polymer
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EEAG Has Released Its Twelfth Report on The European Economy Today in Brussels
Mar 13, 2013The European Economic Advisory Group at CESifo (EEAG)* has released its twelfth Report on the European Economy today in Brussels. The international group of scholars expects world GDP to grow by 3.3 percent this year, up from 3.0 percent in ...
Tags: European Economy, GDP, economy
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The S.African's PPI for Exported Commodities Decreased by 0.3% Year on Year
Mar 13, 2013According to the latest data released by Statistics South Africa, in January this year the country's producer price index (PPI) for exported commodities decreased by 0.3 percent year on year and was up 2.5 percent compared to the previous ...
Tags: steelmakers export, metals, iron, steel
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AISI Reported That US Raw Steel Production Fell 1.6% in The Week Ending March 9
Mar 13, 2013The American Iron and Steel Institute (AISI) reported Monday that US raw steel production fell 1.6 percent in the week ending March 9, following a 0.8 percent increase a week ago and a 1.6 percent drop the week prior. Total raw steel ...
Tags: raw steel production, raw steel, Steel
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Great Wall's Net Profit Increased 62.6% Last Year
Mar 12, 2013Great Wall announced that in 2012 the net profit was 5.708 billion yuan, a year-on-year increase of 62.6%; operating income was 43.16 billion, increased 43.4% year-on-year. Great Wall said that the performance increase was primarily due to ...
Tags: Great Wall, Net Profit, operating income
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