A SHOCK contraction in Chinese manufacturing and the prospect that the US Federal Reserve could soon unwind its quantitative easing measures rocked local markets yesterday, pushing the Australian dollar close to an annual low and wiping ...
After a torrid trading week that saw more than $30 billion wiped off local stocks and the Australian dollar slide further, investors will be hoping for some economic cheer from China this week to offset further confirmation that Australia's ...
Panjiva, an online search engine with detailed information on global suppliers and manufacturers, recently announced that through a partnership with Export to China (ETCN) it is the first company to make Chinese trade data accessible in ...
The sharemarket has closed 0.7 per cent lower, with concerns about global economic growth pulling down resources stocks. The benchmark S&P/ASX200 index was down 36.2 points, or 0.7 per cent, at 5130.0 points. The broader All Ordinaries ...
Tags: Resources Stocks, economy
Shares were punished yesterday as investors worried about resources stocks being hit by global economic concerns, and the dollar was also sharply lower on the increased likelihood of an imminent cut in the official cash rate. The ...
Tags: Aussie 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
Believe it or not but dog houses have been around in one form or another for thousands of years. Archaeological evidence shows that dogs were quite prevalent in ancient Egypt (going back to 4500 BC or so) and were often held in high ...
The sharemarket climbed to a five-week high yesterday as falling bond yields fuelled demand for high-yield stocks, offsetting the negative effect on miners of disappointing Chinese manufacturing data. The benchmark S&P/ASX 200 closed up 1 ...
Tags: Lifts Stocks, economy
First, I think China has never had an industrial revolution, because to be called a "revolution", it must possess a disruptive technology innovation which can influence the world. For example, The industrial revolution in 18th century ...
Tags: Institutional Mechanism, industrial revolution, innovative capacity
The dollar has opened near $1.042 as market players look ahead to the Reserve Bank of Australia's interest rate decision. At 7am AEDT, the Aussie was at $1.0422, steady with Thursday's local close. Australian markets were closed on Good ...
Tags: economy, dollar, Australian markets
NYMEX May crude settled 16 cents lower at $97.07/b on Monday, as the complex came under pressure from a combination of weaker-than-expected US manufacturing data and the closure of ExxonMobil's 96,000 b/d Pegasus crude pipeline on Friday. ...
Tags: NYMEX Crude, Pipeline
Boao Forum for Asia 2013 Annual Conference will be held from April 6 to 8 in Boao, Hainan Province. Recently, Boao Forum for Asia's magazine "Boao Observation" teams up new institutional economics originator Ronald Coase, Nobel Laureate ...
Tags: Mineral, Baosteel, Internationalization Road
China's purchasing managers' index (PMI) for its domestic manufacturing sector was at 50.9 percent in March this year, up 0.8 percentage points compared to February and standing above 50 percent for six months in a row, according to the ...
Investors ignored positive offshore leads yesterday as political uncertainty grew following the dramatic events in Canberra throughout the afternoon. The benchmark S&P/ASX 200 closed down 0.2 per cent at 4959.4 points, reversing an early ...
Tags: benchmark, Canberra Chaos, Reverse
The local sharemarket retreated from a 4 1/2-year high yesterday before last-minute budget talks at the White House aimed at avoiding $US85 billion ($83bn) of automatic US spending cuts, the so-called sequester, which were due to take ...
Tags: sharemarket, Shares, benchmark