CSR Limited (CSR) announced today a restructure of Viridian’s glass operations and provided a trading update for the year ending 31 March 2013. Restructure of Viridian CSR’s review of Viridian has concluded that, during the ...
Tags: CSR Limited, Viridian, glass operations, 2013
By Julian Gates, Managing Director, AG Semiconductor Services The multibillion-dollar secondary or used semiconductor equipment market has gone through significant changes over the past five years and has become increasingly sophisticated ...
Tags: 2013, Outlook, Secondary Equipment
The Australian dollar has broken through the 103 US cent mark to reach its highest level in almost three weeks, helped along by weakness in its New Zealand counterpart. At 7am AEDT on Wednesday, the currency was trading at 103.21 US ...
Tags: Australian dollar, dollar, US cent
Specialty foundry TowerJazz (which has fabrication plants at Tower Semiconductor Ltd in Migdal Haemek, Israel, and at its subsidiaries Jazz Semiconductor Inc in Newport Beach, CA, USA and TowerJazz Japan Ltd) has announced significant ...
Tags: TowerJazz, Tower Semiconductor, Front-End Module Market
IT spending remained broadly strong throughout a difficult end to 2012, as business confidence waned in the shadow of the "fiscal cliff," economic growth declined in much of Europe, and economies in Asia/Pacific struggled to cope with ...
Tags: Electrical, Electronics, IT
The Australian dollar was higher in Asian trading yesterday as investors continued to lower their expectations of further interest rate cuts this year. Futures markets yesterday were pricing in just 18 basis points of interest rate cuts, ...
Tags: Rates, Australian dollar, dollar
The dollar was higher today as investors continued to lower their expectations of further interest rate cuts in 2013. Futures markets were pricing in just 18 basis points of interest rate cuts, compared with 50 basis points at the start ...
Tags: dollar, futures markets, cash rate
Pakistan's highest decision making body -- the Economic Coordination Committee -- has failed to take a decision on the award of a multi-billion dollar contract to import 400,000 Mcf/day of LNG over 15 years and has left the matter to the ...
Tags: LNG, Petroleum, Natural Resources
Laser cutting utilizes a high-power laser beam controlled by a computer to cut the desired shape from a sheet or thin plate of metal. The laser beam is strong enough to be used on various materials such as metals, composites, wood, and ...
Tags: Laser cutting, laser beam, computer
A rapid product expansion is planned for Great Wall in Australia, with two all-new passenger cars arriving later this year and a further two in 2014. Local importer Ateco Automotive aims to sell 15,000 Great Wall vehicles here this year, ...
Tags: Great Wall, Australian Sales, New Models
The sharemarket finished more than 0.4 per cent higher following a wave of investor enthusiasm in Japan and the US. CommSec market analyst Juliette Saly said local shares finished strongly after a slow start as Japanese shares pushed ...
Tags: stocks, sharemarket, shares
The Australian dollar was more than half a US cent higher following gains on the New York stock market. At 6.30am AEDT the currency was trading at 102.67 US cents, up from 102.18 cents at yesterday’s local close. The Australian ...
Tags: Australian dollar, US cent, stock market
BUILDING products company CSR is cutting 150 jobs from its glass business in response to the high Australian dollar and low construction activity. CSR will close its glass manufacturing facility at Ingleburn, in Sydney's south west, in ...
Tags: CSR, glass business, jobs
Statistics released by Beijing painted a picture of rising inflation and slowing domestic growth, prompting worries that China's demand for Australian exports would weaken. At 4.47pm AEDT, the Aussie fetched $US1.0224 compared with ...
Tags: Aussie, US, Australian dollar
Weaker than expected Chinese economic data released over the weekend weighed on the Australian dollar in Asian trade yesterday. Statistics released by Beijing painted a picture of rising inflation and slowing domestic growth, prompting ...
Tags: Dollar, Australian dollar, US Dollar