During the enforced idleness that came with a cold, rainy, dreary holiday period in which the sun seemed to be in permanent hiding, we watched reruns of the second season of the wildly popular PBS series, “Downton Abbey.” I ...
Tags: PBS series, Downton Abbey, farming
Russian retailer O'Key has seen its like-for-like sales rise during the fourth quarter, which contributed to a 24.5% increase in total revenue. During the period total revenues rose to RUB116bn (US$3.8bn). Gains were primarily driven by ...
Tags: O'Key, sales, fourth quarter
The so called ‘unfavorable policies’ of the Indian government and persistent ‘ill-health’ of the US economy have started showing the signs which may not be welcomed by Indian jewellery industry. Thomson Reuters GFMS ...
Tags: Tough Time, India, Jewellery Traders
The Australian dollar gained against the greenback but lost ground versus the yen after the Bank of Japan agreed an "open-ended" commitment to ending deflation through asset purchases and a 2 per cent inflation target. The moves, although ...
Tags: Dollar, yen, Australian dollar
The sharemarket closed little changed yesterday, despite news from Japan that Australia's second-biggest trading partner was taking steps to spur growth in its long-stalled economy. The benchmark S&P/ASX 200 index closed up 1.6 points, or ...
Tags: Stocks, sharemarket, inflation target
The Australian sharemarket has closed flat as investors gave a muted response to the Bank of Japan's plan for a more expansionary 2 per cent inflation target. At 4.15pm AEDT today, the benchmark S&P/ASX 200 index was up 1.6 points, or ...
Tags: stocks, Australian sharemarket, share price
The Australian dollar rose after Japan's central bank announced an expansion of its monetary stimulus plans. At 7am AEDT the Australian dollar was at 105.66 US cents, up from yesterday’s local close of 105.55 cents. BK Asset ...
Tags: Australian dollar, Japan stimulus, US cents, dollar
The Australian dollar fell back slightly after an earlier rise on strong Chinese growth data. At 7am AEDT the Australian dollar was at 105.10 US cents, down from 105.23 cents on Friday. Official data released on Friday showed China's ...
Tags: Australian dollar, GDP, US cents
Energy bills are continuing to go up, which is really hitting the pockets of the poorest families in the UK and the latest inflation figures compiled by the Office for National Statistics (ONS) does little to temper fears. This data ...
Tags: Energy bills, inflation figures, energy prices, Gas
Annual inflation in the euro area was 2.2 percent in December last year, stable compared to November, according to a report released by Eurostat, the Statistical Office of the European Communities. In December 2011, the annual inflation ...
The Australian dollar barely moved in sleepy Asian trading yesterday but the outlook for the currency remained upbeat, with one major domestic bank sharply lifting its forecast for the currency this year. "It's very, very quiet," Rochford ...
Tags: Dollar, currency, Australian dollar
The Australian dollar has closed flat after a quiet domestic session, with investors focused on the upcoming release of local and overseas economic data. At 5pm AEDT today, the local currency was at 105.53 US cents, little changed from ...
Tags: Australian dollar, economic data, currency
In a desperate move to restrict imports of gold, the Indian Government and Reserve Bank of India (RBI) are planning to further increase import duty on gold from prevailing 4% to 6%. It had quadrupled the gold import duty from 1% to 4% last ...
Tags: Government, India, Jewellery Industry
Inflation in the UK held at 2.7 per cent for the third consecutive month in December, in line with forecasts, as a result of a rise in gas and electricity bills. Indeed, figures compiled by the Office for National Statistics found that ...
Tags: Inflation, UK, gas, electricity
The Australian sharemarket limped to a flat close after a dovish speech from Federal Reserve chairman Ben Bernanke and a strong production report from Rio Tinto failed to dissuade investors from taking profits following strong gains in ...
Tags: Australian sharemarket, Rio Tinto, economy