SIBUR will showcase its polymer products and investment projects, earmarked for export to China and other Asian countries, at Chinaplas, Asia’s largest petrochemical products exhibition in Guangzhou, China. The main focus will be on ...
The Australian dollar opened below 99 US cents as another rally on Wall Street boosted the greenback. At 7am AEST, the local currency was trading at 98.92 US cents, down from yesterday’s local close of 99.80 US cents, marking the ...
Tags: Dollar, US Markets, Service
The sharemarket ended flat yesterday as companies with offshore earnings and high-yield stocks returned to favour, offsetting weak demand for resources. Investors' recent enthusiasm for resources was dampened by further declines in ...
The dollar remained below parity with the greenback as speculation about a winding back of US quantitative easing buoyed the American currency. The Australian dollar fell below 100 US cents shortly after 9am AEST today, repeating its ...
Tags: Australian Dollar, US Currency
The dollar is almost US2c lower, hurt by a big pre-dawn rally in the US dollar. At 5pm AEST, the local unit was trading at $US1.0063, down from $US1.0243 yesterday. The Australian currency fell to $US1.0047 early today, its lowest level ...
A new bill introduced late Wednesday to the US Senate aimed at strengthening Washington's sanctions against Iran could affect Asian countries that pay for Iranian crude in foreign currencies, sources familiar with the matter said Thursday. ...
Tags: Senate Bill, US Senate
South Korean automaker Hyundai Motors is planning to build its fourth car manufacturing plant in western part of China. The automaker's move follows its plans to boost overseas production to offset increasing production costs in South ...
Tags: Hyundai, Manufacturing Plant
Clariant reported first quarter sales 2013 from continuing operations of CHF 1.526 billion compared to CHF 1.513 billion in the previous-year period, an increase of 2% in local currencies and 1% in Swiss francs. Organic growth of 2% was ...
Tags: Clariant, Construction
Foreign banks continue selling stake in Chinese lenders due to uncertainties of the Chinese economy. Sources said recently that HSBC would sell an eight percent stake in Bank of Shanghai, a city-level commercial lender in the Chinese ...
Tags: Foreign Bank, bank, economy
CEMEX Latam Holdings, S.A. has announced its 1Q13 results, revealing that consolidated net sales (after adjustments for fewer business days in the quarter) increased 3% y/y to US$383 million. Using the same adjustments, operating EBITDA was ...
Tags: Latam Holdings, Higher Prices
The dollar has fallen after speculation of a downgrade to Germany's top credit rating. At 5pm AEST today, the currency was trading at $US1.0317, down from $US1.0363 yesterday. ANZ foreign exchange strategist Andrew Salter said the ...
Tags: Dollar, foreign exchange
The Australian dollar neared 105 US cents after falling during weekend offshore trading. At 6.23am AEST the Australian dollar was at 105.11 US cents, down from Friday's local close of 105.46 US cents. During the weekend offshore ...
Tags: Australian dollar, currency
The dollar has pushed higher, helped along by continued strength on sharemarkets. At 5pm AEST today, the Aussie was at $US1.0556, up from $US1.0521 yesterday. OzForex chief currency strategist Jim Vrondas said the local currency ...
Tags: Dollar, Sharemarket Strength
THE Australian dollar rose above 105.5 US cents in offshore trading. At 6.30am AEST the Australian dollar was trading at 105.42 US cents, up from yesterday's local close of 105.09 US cents. During the overnight session, the local ...
Tags: economy
The Australian dollar opened higher as a fresh bout of US dollar weakness and firmer commodities prices pushed the local currency towards 105 US cents. At 7am AEST the dollar was at 104.90 US cents, up from yesterday’s local close ...