Falling natural gas liquids production in the US Midwest and Rockies has resulted in a return of the regional frac spread to positive territory and a drop-off in ethane rejection since mid-January, a Platts analysis shows. Platts ...
Tags: natural gas liquids production, benchmark Conway, Kansas
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
Economic activity in the manufacturing sector expanded in February for the third consecutive month, and the overall economy grew for the 45th consecutive month, say the nation's supply executives in the latest Manufacturing ISM Report On ...
Tags: Manufacturing, packaging industry, packaging
India’s Gem & Jewellery (G&J) sector witnessed another volatile year with weaker rupee and sluggish global economy adding more agony to its exports which declined by 17.09% in dollar terms and 4.65 per cent in rupee terms in 2012. ...
NEMA’s January Electroindustry Business Confidence Index (EBCI) for current North American business conditions built on the momentum generated at the end of 2012, climbing for a fifth month in a row to 73.8. The nearly 10 point gain ...
US stocks pulled back after the Federal Reserve kept its bond-buying program steady but offered a mixed review of the economy. Leading the declines were industrial and energy shares. Utilities managed to cling to small gains, making it ...
Tags: US stocks, Federal Reserve, economy
The American Institute of Architects (AIA) said Wednesday that the December Architecture Billings Index (ABI) score was 52, down from 53.2 in November, but still positive as 50 indicates an increase in billings. As a leading economic ...
Tags: Architecture Billings, ABI, Architects
The Institute for Supply Management (ISM) reported Wednesday that its Purchasing Managers' Index (PMI) registered 50.7 percent in December, an increase of 1.2 percentage points from November's reading of 49.5 percent, indicating expansion ...
Tags: ISM, PMI, US, manufacturing activity, positive territory
AUSTRALIAN stocks are set to rise today after the US avoided falling over its fiscal cliff -- at least for now -- and iron ore prices unexpectedly ended the year in positive territory. US tax and spending cuts due to start on January 1 ...
Tags: US, tax, spending cuts, market confidence
Manufacturing output showed growth in December for the third time in the last seven months, according to today’s December Manufacturing Report on Business from the Institute for Supply Management (ISM). The PMI, the index used by ...
Tags: Manufacturing output, December, ISM, 2012
THE Australian dollar is lower, trading on thin volumes, as investors remain cautious about the US budget negotiations. THE Australian dollar is lower, trading on thin volumes, as investors remain cautious about the US budget ...
A hot ticket at the annual Vision show is the AIA Networking Reception which includes presentations on machine vision market performance, with a focus on North America, a multinational panel discussion, and an opportunity to eat, drink and ...
Tags: AIAAIA, networking, machine vision market performance, network
THE Australian sharemarket finished on a 16-month closing high as progress with the US fiscal cliff negotiations led to across the board gains for local stocks. At the close,the benchmark S&P/ASX200 index was up 21.8 points,or 0.48 per ...
Reuters reports that London copper was steady near 2 month highs as signs of a revival in China's economic growth and hopes of further easing by the United States underpinned prices while wrangling over the US fiscal cliff weighed on ...
Tags: London copper, economic growth, US, China
The peculiar economics of China's aluminium industry and its effect on the global cost curve were highlights of the morning session of the final day of Arab International Aluminium Conference ARABAL 2012. On the other hand, the discussions ...
Tags: Aluminium, China's aluminium industry, energy resources