THE Australian sharemarket hit a fresh 17-month high today as US lawmakers inched closer to a deal on the fiscal cliff problem. Utilities, energy, industrials, telecommunications, materials and financial stocks mostly rose despite some ...
Tags: Investor Sentiment, fiscal, cliff problem
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
Reuters reported that hedge funds and money managers sharply cut their bullish bets on gold futures last week on profit taking while an improving US economic outlook prompted them to switch copper contracts to its first net long in 4 weeks. ...
Tags: hedge funds, bullish bets, gold future, gold market
The deal will offer the firm with around $150m to $200m in cash US based chipmaker AMD is planning to sell and lease back its Texas campus in a bid to raise cash for funding chipmaking business, as it struggle with sluggish personal ...
Tags: AMD, chipmaking business, fund operation
Apparel retailing is one of the sectors to be hit the hardest by the US economic slowdown of the last four years, as a result of US consumers holding back on spending the way they used to do before 2008. Which is the reason all the more ...
Recently, the United States frequently waved trade stick to China. Previously, Obama signed an order to set up an inter-sector trade law enforcement center within the U. S. Trade Representative's office, afterwards there has been news ...
Tags: Trade Tips
Trade measures passed by the US Congress violated both US laws and World Trade Organization rules, Chen Deming, minister of commerce, said on Wednesday. The US House of Representatives passed a measure on Tuesday confirming that the ...
Tags: Market View, others
Demand for cutlery and hand tools collapsed in 2007, another casualty of the housing market crash. In 2010 and 2011, however, the industry was able to post revenue gains thanks to rising consumer spending and export demand. The industry has ...
Tags: Industry Trends, hand tool