The Australian dollar is higher, getting some support from stronger iron ore prices and gains on the local sharemarket. Mr Hans Kunnen, St George chief economist said that the local dollar's rise was not because of the US budget ...
Tags: Australian dollar, iron ore, prices, sharemarket
Business Line cited Mr E Sudhir Reddy chairman of IVRCL as saying that several regulatory changes need to be brought about to accelerate the growth of the country’s infrastructure, which is now in a state of considerable stress. Mr ...
Tags: infrastructure, Change Norms
The Australian dollar gained today after US lawmakers agreed on a range of measures designed to avert sweeping tax hikes and around $US110 billion in spending cuts, known as the fiscal cliff. After weeks of negotiations that had already ...
Tags: Australian Dollar, US, Fiscal Cliff, currency
“The most valuable commodity I know of is information.” (Gordon Gecko in “Wall Street” by Oliver Stone) Commodities have experienced a renaissance after the bursting of the internet bubble at the end of the ...
Tags: Commodities, Metallurgy, Mineral
Ukrainian Prime Minister Mykola Azarov said Thursday that the country will aim for an economic growth of over 3.5 percent in 2013,compared with 1 percent in 2012,according to Xinhua.The prime minister made the forecast on the country's ...
Tags: Macroeconomic, Indicators, Crafts
Iron ore prices have been hurtling along in December at an amazing pace even outracing the finished price levels. Whopping 18% growth in December has baffled all market estimates. On the hindsight finished market could creep merely 1%. ...
Tags: Iron ore, iron ore prices, iron ore market, iron ore industry
Hopefully,old planet earth is still spinning at this moment–due to a shortened Christmas schedule,this was written prior to Friday,Dec.21,2012,which is the ominous last day of the Mayan calendar,the December solstice and the first day ...
Tags: farm work, agriculture, deficit, spending
Indian steel giant Tata Steel forecasted that India's steel demand would rise by 7%in fiscal year 2013/14.It's predicted that India's steel demand would be at around 75 million tons in the current fiscal year 2012/13,rising by 5.6%from a ...
Tags: Tata Steel, Indian steel demand, crude steel production
The UK IT industry will decline in real terms until at least 2016, and there is a real risk of the sector reaching a decade of downturn, according to research from TechMarketView (TMV). The analyst firm said the take-up of technologies ...
PTI cited the UK based bank RBS as saying that the Indian economy is likely to grow at 6.3% next year largely due to favorable base effect, while inflation is expected to drop to a comfortable 5.4% level in FY14. RBS Research said that ...
Tags: Indian economy, avorable base effect, inflation, RBS Research
South Korea's oil refiners are likely to face tougher challenges in coming years as President-elect Park Geun-Hye vows consumer-focused policies and tighter business regulations under her economic democratization platform. Park, from ...
Tags: South Korea, oil refiners, economic democratization platform, oil
M Rajkumar N Dhoot President of ASSOCHAM said that as the inflation is at its 10 month low, it is time the Reserve Bank of India took measures to ensure that the interest rates are reduced irrespective of tools it may choose to use. Mr ...
Tags: Metallurgy, Mineral, Energy, bank
Qatar on December 23rd Sunday lifted its forecasts for economic growth and inflation next year, saying that a decline in oil and gas output was now expected to be less than originally thought. The General Secretariat for Development ...
Tags: Qatar, economic growth, inflation, oil, gas output
About 13 percent of vehicles have at least one bald tire,according to a recent survey by the Rubber Manufacturers Association(RMA).When it comes to car tires,bald is not beautiful.It is dangerous. These findings mark an increase from the ...
Tags: With tires, wore out, safety, bald tire
Over 1,500 workers in the IT services and healthcare units of supplier Atos could go on strike during the Olympics after being offered a below-inflation pay rise. The Public and Commercial Services (PCS) union is balloting workers after ...
Tags: IT services, healthcare, Olympics, IT