BUOYANT global equities boosted the Australian dollar today, with traders betting that European and US central banks will this week reaffirm commitment to easy money policies designed to boost asset prices and stoke growth. Australia's ...
Tags: Australian Dollar, economy
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
Vale S.A. announced Monday that it has been granted the operating license (LO) for the railway terminal at Ponta da Madeira (PDM) in the state of Maranho, Brazil, issued by the state environmental authority. The railway terminal is part of ...
Tags: Vale, Operating License
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 ...
The US will offer more than 21 million Outer Continental Shelf acres in the western Gulf of Mexico in a lease sale in August, the Bureau of Ocean Energy Management said Wednesday. Lease Sale 233 will include 3,953 blocks covering about ...
Tags: Million Acres, Energy Management
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
The sharemarket surged 1.7 per cent yesterday as banks led broad-based gains following lower-than-expected domestic inflation data and stronger offshore markets. The benchmark S&P/ASX 200 jumped 86.2 points to 5102.4 points as investors ...
Tags: Banks, Inflation Data
The design of fluid instrumentation systems for use in harsh and corrosive environments has been boosted by an optimised new grade of 6Mo tubing. The mechanical characteristics of the new ?Parker Grade? 6Mo tubing have been optimised to ...
It is reported that Greek pipmaker, Corinth Pipeworks, has announced to build large-diameter welded pipes in order to meet the growing demand for energy supplies projects includes high strength offshore and onshore energy pipes. Meanwhile, ...
Tags: Metallurgy, Mineral, Energy
It is reported that Russia's Dansteel, owned by Russian steel group NLMK, planned to extend its plate annual production capacity to 400,000 tons this year. However, the company will try to reach the plate annual production capacity of 80% ...
Tags: Metallurgy, Mineral, Energy
Sherwin-Williams Protective & Marine Coatings announces the launch of Nova-Plate 325, an extended lifecycle, 100 percent solids tank lining for high temperature crude oil, produced water and frac tank applications. Additionally, Nova-Plate ...
Tags: Sherwin-Williams, Coatings
China's largest buyer of LNG, China National Offshore Oil Corp., is unlikely to seek additional spot cargoes before August as it has sufficient inventory from its term contracts, said industry sources Friday. A source close to the 2.8 ...
Tags: Spot LNG Cargoes, Chemicals
State-owned Qatar Petroleum (QP) signed a joint venture agreement Sunday with France's Total and Japan's Idemitsu, Cosmo Oil, Marubeni and Mitsui for a new condensate refinery to be built in Qatar at Ras Laffan Industrial City. Under the ...
Tags: Qatar Petroleum, Joint Venture
The Australian dollar has hit a six-week low after most metals prices fell during the offshore session on Friday night. At 6.30am AEST the local unit was trading at 102.78 US cents, down from 103.43 cents on Friday. Earlier today the ...
Tags: economy
IT support services firm Caleris has this message on its homepage, "Outsource to Iowa. Not India," against a picture of a corn field and farm houses. Caleris' message could not be clearer. The company is competing from rural Iowa, with ...
Tags: Computer Products, software