Australian stocks finished lower as investors sold off mining stocks due to weaker commodity prices. The benchmark S&P/ASX200 index was 38.3 points, or 0.78 per cent, lower at 4888.3 points, while the broader All Ordinaries index was 40.3 ...
Tags: Commodity Price, Rio Tinto, BHP Billiton
The Australian dollar is slightly higher as investors shrugged off weak economic data and sat on the sidelines waiting for bigger events. At 5pm AEST, the local unit was at 96.56 US cents, up from 96.41 cents on Friday, and at its high ...
Tags: Dollar, Investor, Economic Data
Australian shares have opened half a percentage point weaker as falling commodity prices hit mining stocks, and banking shares rally. At 10.30am AEST, the benchmark S&P/ASX200 index was down 26.6 points, or 0.54 per cent, at 4900 points. ...
Tags: Stocks, Mining Stocks
International Kanbawza Insurance (IKBZ) has started offering new insurance services in Myanmar and is writing six different types of coverage, including life, fire, surety bonds, transportation, cargo and money secure. Kanbawza Group ...
The worst month on the stockmarket in a year has taken the wind out of investors, with confidence retreating from highs earlier this year amid increasing concern about the global economy and the endgame for stimulus from central banks. ...
Tags: Stockmarket, May
Well-healed Australian investors, battered by political uncertainty and the ongoing aftershocks of the global financial crisis, are maintaining their faith in local shares, according to an exclusive survey of individuals with at least ...
The textile exporters’ fraternity has suggested various measures to the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) for the revival of sinking indigenous industry. The roundtable conference on Pakistan’s ...
Tags: Textile Sector, Apparel
More than 18 months ago, Google Wallet was launched on the Sprint cellular network amid hoopla that payment-by-smart-phone technology at cashiers nationwide would replace your plastic debit and credit cards. Since then, AT&T, T-Mobile, and ...
Tags: CR Money Minute, Mobile Wallet
A baby bottle is a bottle with a teat (also called a nipple in the US) to drink directly from. It is typically used by infants and young children when a mother does not breastfeed, or if someone cannot (as conveniently) ...
Tags: Baby Bottles, milk bottle, child bottle
The Australian dollar is slightly lower after the release of weaker than expected US economic data. At 7am AEST, the local unit was trading at US96.63c, down from US96.73c yesterday. Since 5pm AEST yesterday, the Aussie traded between ...
Tags: Australian Dollar, GDP Report
The Aussie is trading in a narrow range as it takes a breather following recent falls. At 12pm AEST, the currency was trading at US96.71c, down slightly from US96.73c yesterday. OzForex chief currency strategist Jim Vrondas said the ...
Tags: Dollar Trading, Currency
Australian stocks have closed flat, with a strong day from the major miners offset by weakness among the banks. The local market took its cues from a positive finish on Wall Street, opening up about 0.3 per cent, but slid into the close ...
Tags: Bank, Sharemarket
Most financial services organisations (even the largest ones) have admitted that they do not have the budget to deal with the largest cyber attacks, according to attendees of a recent forum. Comments made at Ballintrae's first IT Security ...
Tags: Cyber Attacks, Computer Products
Japan will extend a sum of Tk 1 billion (US$ 10 million) to Bangladesh for reconstruction of readymade garment (RMG) manufacturing factories in Bangladesh that are in dire state. The loan will be issued by the Japan International ...
Tags: RMG Building
Better than expected economic data provided a cushion for the Australian dollar yesterday, with a sharp rebound in home building and still-resilient corporate investment plans easing the need for the central bank to cut rates again. But ...
Tags: Aussie Dollar, RBA