THE sharemarket continued its climb yesterday, reaching a 17-month high on positive news from Europe as US politicians inched closer to a deal on the fiscal cliff crisis. Utilities, energy, industrials, telecommunications, materials and ...
Tags: Positive, News Fuels, politicians inched
THE Australian dollar is lower along with other risk currencies due to concerns about negotiations in the United States to avert the so-called fiscal cliff. At 07:00 AEDT,the currency was trading at$US1.0493,down from$US1.0514 yesterday ...
Tags: Australian dollar, US, fiscal cliff
THE Australian dollar was steady in Asian trading yesterday as minutes from the Reserve Bank's meeting earlier this month indicated the December interest rate cut was a closer call than had been thought,possibly delaying further easing next ...
Tags: Australian dollar, RBA, Rate cut
THE Australian dollar is lower on speculation about Chinese growth and further rate cuts by Australia's central bank. At 07:00 AEDT,the currency was trading at$US1.0530,down from$US1.0534 yesterday afternoon. BK Asset Management ...
Tags: Australian dollar, China, BK Asset Management, PBA, US
THE Australian dollar was slightly higher ahead of an influential statement from the Reserve Bank of Australia today. At 6.30am AEDT, the currency was trading at 105.42 US cents, up from 105.35 cents yesterday afternoon. The RBA will ...
Tags: Slightly, currency, Reserve Bank
THE Australian dollar was little changed against its US counterpart yesterday,but it hit a 19-month intraday high against the yen as investors predicted Japan's new government would encourage a return to reflationary policy by the Bank of ...
Tags: Bank of Japan, Australian dollar, LDP, Japanese election
THE Australian dollar was slightly higher following a general election in Japan and continuing concerns about budget negotiations in the United States. At 7am AEDT on Monday, the currency was trading at 105.48 US cents up from 105.44 ...
Tags: Australian, Japan Election, US Budget
THE Australian dollar was little changed against its US counterpart today, but it hit a 19-month intraday high against the yen as investors predicted Japan's new government would encourage a return to reflationary policy by the Bank of ...
Tags: Australian Dollar, new monetary policy, territorial disputes
AUSTRALIAN stocks are expected to start the last full trading week before Christmas on a cautious note amid ongoing negotiations over the looming US budget deadline. Futures trading was pointing to a weak start on the local market today, ...
Tags: Markets Struggle, Fiscal Cliff, US budget
Taipei, Dec. 14, 2012 (CENS)--The Financial Supervisory Commission (FSC) decreed yesterday (Dec. 13) permitting designated banking units (DBUs) to undertake renminbi-related businesses. Following the launch of cross-Taiwan Strait currency ...
Tags: Renminbi Related Businesses, currency, FSC, bank
Bloomberg quoted Treasurer Mr Wayne Swan before a government report on gross domestic product this week said that growth in Australia, the world's biggest exporter of iron ore and coal, may have slowed last quarter as commodity prices fell. ...
Tags: iron ore, coal, Australia, resource projects
Amcor has announced that the company’s profit after tax (PAT) before significant items increased by 11.3% to $634.9m for the year ended 30 June 2012. Amcor managing director and CEO Ken MacKenzie said its full year result ...
THE Australian dollar was more than a third of a US cent lower following slides on global stock markets. At 6.30am AEDT the currency was trading at 105.16 US cents,down from 105.52 cents at yesterday's local close. The currency's move ...
Tags: Australian dollar, US, Europe
THE Australian dollar hovered near three-month highs yesterday,buoyed by the US Federal Reserve's latest attempt to pump liquidity into the world's largest economy. The Fed,at the conclusion of its last policy meeting for the year,decided ...
Tags: Australian dollar, Fed, Operation Twist, RBA, CBA
Taipei,Oct.17,2012(CENS)--After the absence of new issuance for two years,a new product will hit the global-board bond market,as BNP Paribas will float 200 million Australian dollars of corporate bond,with interest rate topping 4%.Since the ...