The 2013 DHL Export Barometer reveals the continuing hurdles of a strong Australian dollar and a plunging business outlook from the mining sector have impacted exporters’ profitability outlook but not their confidence. Exporter ...
Tags: Australian, Dollar, Service
Business cash flow has slowed this year, placing further strain on a range of industries already experiencing low confidence because of weak trading activity and high operating costs. Businesses are waiting nearly eight weeks to be paid ...
Tags: Service
The sharemarket completed its biggest weekly drop in a year as a cocktail of global and domestic concerns drove the nation's benchmark index down all but once in the past five days. The S&P/ASX 200 index slumped 3.8 per cent this week as ...
Australian shares have suffered another sharp fall, losing $26 billion more in value to close down 3.8 per cent for the week, the biggest weekly fall in a year. At 4.15pm AEST, the benchmark S&P/ASX200 index was down 78.9 points, or 1.56 ...
The S&P/ASX200 has closed down 2 per cent at 5062.4, as slower Chinese manufacturing activity in May combined with signs that the US Federal Reserve could start rolling back its bond-buying program to send the local sharemarket to its ...
RATTLED investors are on high alert after the stockmarket suffered its worst week in a year and the Australian dollar slid to a 12-month low on fresh concerns about the slowing pace of global economic growth. Capping a wild week for ...
Tags: Sharemarket, Horror Week, Alert
The sharemarket suffered its sharpest one-day fall for two months yesterday after the US Federal Reserve said it could reduce its economic stimulus measures and China's manufacturing showed signs of contraction. "In the next few meetings ...
A SHOCK contraction in Chinese manufacturing and the prospect that the US Federal Reserve could soon unwind its quantitative easing measures rocked local markets yesterday, pushing the Australian dollar close to an annual low and wiping ...
After a torrid trading week that saw more than $30 billion wiped off local stocks and the Australian dollar slide further, investors will be hoping for some economic cheer from China this week to offset further confirmation that Australia's ...
The Australian dollar remains under pressure as banks slash forecasts and traders increasingly spruik shorting the currency. After a host of investment banks yesterday lowered their predictions for the dollar, HSBC today cut its year-end ...
Tags: Australian, Dollar, Service
The Australian dollar has continued to fall due to investor caution and falls in commodity prices. At 7am AEST the local unit was trading at 96.42 US cents, down from 96.79 cents on Friday. Since 5pm AEST on Friday, the Australian dollar ...
Tags: Australian, Dollar, Commodity Prices
The Australian dollar bounced back from its one-year low against the US dollar as the greenback took a breather from its recent rally. At 6.30am AEST the local unit was trading at 97.43 US cents, up from 96.23 cents at yesterday’s ...
Tags: Australian, Dollar, Australian Dollar
THE Australian dollar lost ground after commodity prices fell in overnight trade and as traders await tonight?s testimony to Congress by US Federal Reserve Chairman Ben Bernanke. At 6.30am AEST the local unit was trading at 98.07 US ...
Tags: economy
THE dollar slipped during quiet Asian trading yesterday as dealers waited for testimony by US Federal Reserve chairman Ben Bernanke, due overnight last night. Analysts and traders believe that Mr Bernanke's comments will be critical for ...
Tags: economy
THE Australian dollar dropped to a one-year low after the head of the US Federal Reserve said he would consider winding down its economic stimulus program in the coming months. The currency dropped as low as 96.62 US cents in the early ...
Tags: economy