The Australian dollar was almost level following a night of mixed economic data. At 6.30am AEDT the local unit was trading at 103.48 US cents, slightly down from 103.50 cents at yesterday’s local close. New claims for US ...
Tags: Australian dollar, US unemployment insurance, economic data
A sharp rise in consumer confidence in February fuelled a strong bounce by the dollar yesterday. At 5pm AEDT, the currency was trading at $1.0339, up US0.84c, after touching an intraday high of $US1.0361. A survey published by Westpac ...
The Australian dollar was higher after rising to a two-week high, helped by a lift in metals prices and better local consumer sentiment data. At 6.30am AEDT the local unit was trading at 103.45 US cents, up from 103.39 cents at ...
Tags: Australian dollar, metals prices, consumer sentiment data
The Venezuelan government announced the devaluation of its currency, the bolivar fuerte (VEF), on 8 February. The official exchange rate was changed from VEF 4.3 per US dollar to VEF 6.3 per US dollar. Smurfit Kappa said that as a result ...
Tags: Venezuelan government, VEF, Smurfit Kappa
Attorneys from a Florida-based law firm have filed a multi-million dollar lawsuit in federal court on behalf of music legend Chubby Checker, best known for his hit record, "The Twist." The lawsuit was filed today against Hewlett Packard ...
The Australian dollar fell after gold prices dropped more than 1 per cent on Friday to a six-month low. At 6.30am AEDT the local unit was trading at 103.02 US cents, down from 103.64 cents at Friday’s local close. Gold prices ...
Tags: Gold Weakness, Australian Dollar, economy
Weaker investor sentiment sent the Australian dollar to its lowest levels since October in thin trading conditions because of the Lunar New Year celebrations in Asia. The sharemarket was flat, also in thin trading, as investors remained ...
Tags: Australian dollar, October, lowest levels
The Australian dollar was half a US cent higher after the US dollar lost ground against the euro and the yen in overnight trade. At 6.30am AEDT the local unit was trading at 103.05 US cents, up from 102.55 cents at yesterday’s local ...
The Australian dollar nudged higher in light trading today, with much of Asia closed for the Lunar New Year celebrations and a public holiday in Japan. By late afteroon, the Aussie was trading at $US1.0301, up from US$1.0299 late Friday. ...
The Australian dollar fell after US stocks lost ground overnight. At 6.30am AEDT the local unit was trading at 102.89 US cents, down from 103.01 cents at yesterday’s local close. US shares fell, after they reached five-year peaks ...
Tags: US shares, Australian dollar, US stocks
SONY has reported its eight straight quarter in the red but says it remains on track to achieve its forecast of a full-year profit. But the results, released after reports that Sony will this month announce the late 2013 launch of its ...
The sharemarket jumped to a 21-month high as stronger than expected trade data for China boosted confidence in Australia's biggest trading partner, and as the Reserve Bank said it had scope for further interest rate cuts. Shares were also ...
Tags: sharemarket, Shares, benchmark
January was a month of change for healthcare giant Abbott said a senior medical devices analyst from GlobalData who asserted that the company’s latest cardiac diagnostics product represents a pathway to growth over the next few years. ...
Tags: Abbott, Diagnostics, medical devices analyst
Pluritas, LLC, an intellectual property transaction advisory firm, is conducting the sale of a strategic LED patent portfolio from Illumitex, Inc., an LED innovator and maker of optically advanced lighting products. The Illumitex portfolio ...
Flowers Foods has expanded its market share in the wake of Hostess Brands move to wind down its operations. The US baker has been named the "stalking horse" bidder for the majority of Hostess Brands' bread business. While the assets will ...
Tags: Flowers Foods, bread business, Flowers