Local shares closed higher yesterday, even after paring a sharp rise early on in the session, as investors took profits ahead of an interest rate decision due from the Reserve Bank of Australia today. The stockmarket was buoyed by growing ...
Tags: Local shares, US Jobs Growth
Shares pared an early rise as profit-taking emerged before the release of US non-farm payrolls data due overnight. Strong earnings results from Westpac and Macquarie Group, together with a jump in resources stocks initially boosted the ...
Tags: Payrolls Data, Stocks
The sharemarket pared an early rise as profit-taking emerged before the release of US non-farm payrolls data due overnight. Strong earnings results from Westpac and Macquarie Group, together with a jump in resources stocks, initially ...
Sri Lanka's Piramal Glass said profits rose 5.6 percent to 724.3 million rupees in the year to March 2012 from a year earlier, exports were doing well, but warned against higher energy costs this year. The firm reported earnings of 76 ...
Tags: Piramal Glass, Construction
Local stocks rose 0.6 per cent today as investors piled into banks to take advantage of their dividend yields, and amid optimism that the country's biggest lenders would report rising profits this week and next. The benchmark S&P/ASX 200 ...
Tags: Local stocks, Stockmarket
The Australian dollar has rallied to its highest level in 11 days following gains on global share markets. The currency rose to 103.60 US cents early today, its highest level since April 19. By 7am AEST it had dropped back slightly and ...
The Australian dollar traded slightly lower during holiday-thinned Asian trade as a dearth of local developments left traders waiting for key events offshore. Topping the watch list are European Central Bank and US Federal Reserve ...
Tags: Australian dollar, bond issuance
The sharemarket rose 0.6 per cent yesterday as investors piled into banks to take advantage of their dividend yields, amid optimism the country's biggest lenders would report rising profits this week and next. The benchmark S&P/ASX 200 ...
Tags: sharemarket, Investors Banking
China saw the increment of funds outstanding for foreign exchange (FOFE) reach a new high of CNY 1.2 trillion in the first quarter of this year. According to data released by the People's Bank of China (PBOC), the central bank, on April ...
A rise in commodity prices has helped push the Australian dollar back above the $US1.03 level. At 5pm AEST, the local unit was trading at $US1.031, up from $US1.0246 on Wednesday. CMC Markets foreign exchange dealer Tim Waterer said the ...
It is learned that Italian steelmaker Beltrame's plant in Argentina is able to produce thick coil, which become the 2nd plant that able to produce thick coil in Latin America. The plant which costs US$250 million, 50% of it comes from ...
Tags: Coil Products, Metallurgy, Mineral, Energy
The sharemarket notched up its biggest gain for five weeks yesterday as the banks led broad-based gains thanks to lower-than-expected domestic inflation data and stronger offshore markets. The consumer price index rose 0.4 per cent in the ...
Tags: Renewed, Interest Rate
US stocks ended a tumultuous day with strong gains after a false tweet briefly sent financial markets veering, underscoring technology's role in tightly linking global markets. The Dow Jones Industrial Average briefly plunged Tuesday ...
Tags: US Markets, Reel on False
According to the provisional data released by the Central Bank of the Republic of Turkey, in April this year the capacity utilization rate in the Turkish basic metal manufacturing industry was 77.7 percent, stable compared to the previous ...
Three major export sectors of Nepal, namely, readymade garments, woollen carpets and Pashmina, have experienced a sharp decline in exports in recent months, owing to slump in demand from both the Western markets as well as its southern ...
Tags: Garment, Carpet Exports