The 11th Five Year Plan growth targets for textiles sector were (a) cloth production to grow at the rate of 12 percent in volume terms; (b) clothing and apparel to grow at the rate of 16 percent in volume terms and 21 percent in value ...
Tags: fabric output, fabric, textiles sector
The recent attack on computer networks at broadcasting organisations and banks in South Korea has brought cyber war into the limelight. While the cause of the attacks remains unknown, South Korean authorities say they "do not rule out the ...
Tags: Computer Products, Networks
The stockmarket has fallen by almost 1.5 per cent due to concerns about a bailout of Cyprus and falls on Wall Street. A European Union bailout of Cyprus had scared investors and led to a negative opening on the Australian market, IG ...
Tags: stockmarket, Australian market, euros
The dollar edged lower after investors reacted negatively to an international bailout package for Cyprus that raised concerns about fresh upheaval in the eurozone. The eurozone has taken the unprecedented step of proposing a new levy on ...
Tags: Dollar, eurozone, risk assets
At least 150 workers at CSR’s Viridian glass-making factories in western Sydney confront the closure of their plants and the destruction of their jobs, in the latest of the swathe of job cuts sweeping through the manufacturing sector ...
Tags: glass workers, glass, glass making factories
The sharemarket suffered its biggest fall in more than three weeks yesterday and volatility soared as a controversial bank bailout plan in Cyprus threatened to reignite the European sovereign debt crisis. Cyprus proposed a tax on the ...
Tags: Investors, Cyprus Bank, economy
Australian Securities & Investments Commission chairman Greg Medcraft has declared dark and high-frequency trading "the new normal" of financial markets after two inquiries found no evidence of systemic abuse of the practices. ASIC ...
Tags: new normal, financial markets, ASIC
A Flare-up in Europe's debt crisis has sent the sharemarket to its second-largest sell-off in nine months as investors fret about a run on European banks. After a bull run for local stocks since June in a period of relative calm in ...
Tags: Europe's debt crisis, economy, Cyprus
Most people in this country, when they sit down to eat one of the several meals they are likely to enjoy tomorrow, will never think about where the protein, vegetables and grains they consume came from. Many will probably pause a few ...
Tags: Agriculture, Food
TapInfluence (formerly BlogFrog) today announced that its software platform for automating all aspects of an influencer marketing program is now available as a cloud-based offering. The software automates the time-consuming process of ...
Tags: Tapinfluence, Cloud-Based Software, Consumer Electronics
With oil prices still elevated and operator appetite for offshore drilling seemingly limitless, Central Gulf of Mexico Lease Sale 227 appears headed for vigorous bidding and dollar totals that may match or even surpass 2012's collective ...
Tags: Chemicals, Central Gulf, Mexico Sale
The sharemarket rose this morning, with consumer staples and financials leading a broad-based recovery following lower-than-expected US jobless claims data. At 11.30am AEDT, the benchmark S&P/ASX200 was up 1 per cent at 5081.9 points. The ...
Tags: Stocks, sharemarket, benchmark
The sharemarket closed down more than 1 per cent after better-than-expected jobs data lowered the chance of another interest rate cut. At the close today, the benchmark S&P/ASX200 index was down 60.2 points, or 1.18 per cent, at 5032.2 ...
Tags: sharemarket, Stocks, benchmark
THE Australian dollar was slightly lower as weak US consumer sentiment figures and concerns about the Cyprus bank bailout weighed on market sentiment. At 7am AEDT the local unit was trading at 103.58 US cents, down from 103.69 cents on ...
The sharemarket fell sharply yesterday as iron ore prices declined and strong jobs news cooled hopes of interest rate cuts. Employment jumped by 71,500 places last month, the Australian Bureau of Statistics said. Economists had expected a ...
Tags: sharemarket, iron ore prices, iron ore