Strength in the resources sector has pushed Australian shares higher, although the market lost some ground after China's finance minister lowered expectations for the country's economic growth. The S&P/ASX200 index passed 5000 points in ...
Tags: China Gloom, Miners
The International Monetary Fund has lowered its oil price forecasts to $100.09/barrel in 2013 and $95.36/b in 2014. In April, the IMF forecast that oil prices would average $102.60/b this year and fall back to $97.58/b in 2014. However, ...
China and other countries need to allow more open access and competition for their shale gas industries if they want to duplicate North America's success in exploiting the resource, a senior official at BP Plc said. "It did happen in the ...
Sausage casings manufacturer Devro has released a first half year trading update, which reports slower than expected revenue growth, with volumes up just 1%. Devro has reported slower than expected revenue growth in an interim trading ...
Tags: Interim trading statement, Devro
The Australian dollar is slugging it out with the Syrian pound for the title of world's worst-performing currency. Once the darling of foreign-exchange traders, the Aussie has been out of favour since April 12. According to National ...
Tags: Syrian pound, Service, dollar
A slew of bearish technical and fundamental factors put the market under pressure this week. First we had the breach of a 6-1/2-month uptrend line, which put the spec longs on the defensive, although we have yet to see any widespread spec ...
Despite economic challenges, the worldwide supply chain management (SCM) software market grew 7.1 per cent to US$8.3 billion in 2012. The Australian supply chain management software market grew 17.9% to reach A$176.8 million in 2012, up ...
Tags: ERP Market, Service
Global sales of tablet computers surged in the first quarter of 2013, led by Android-powered devices that outpaced gains by Apple's iPads, a research firm says. IDC said the worldwide tablet market saw sizzling growth of 142.4 per cent ...
Tags: Android, Global Tablet, Apple iPad Gains
A growing interest in big data, analytics, and cloud computing helped propel a weak software enterprise market last year, according to research from IDC. SAP and Oracle fared the best among the large software vendors. The worldwide ...
Tags: Computer Products, software
A growing interest in big data, analytics, and cloud computing helped propel a weak software enterprise market last year, according to research from IDC. SAP and Oracle fared the best among the large software vendors. The worldwide ...
Tags: Computer Products, software
The Australian dollar fell sharply in Asian trading yesterday on news that economic growth in China, Australia's largest trading partner, was much slower than expected in the first quarter of this year. At 5pm AEST, the dollar was buying ...
Tags: Aussie Dollar, GDP growth
After being re-elected president of the National Chamber of Iron and Steel Industry (CANACERO), Alonso Ancira Elizondo, CEO of Altos Hornos de Mexico (AHMSA), said that the steel industry and the Mexican government can no longer ignore ...
Tags: steel imports, steel, Steel Industry
Research firm, Gartner, forecasts the public cloud services market to reach $US131 billion this year, an 18.5 per cent year-on-year (YoY) growth from 2012′s $US111bn.” “The continued growth of the Cloud services market ...
Tags: Gartner, Cloud Services Market, 2012
Lasers & Photonics Marketplace Seminar hears cautious but positive forecasts. Growth in global sales of lasers and laser systems this year will range from flat to only a modest improvement of a few percentage points, according to ...
IT spending growth in the Asia-Pacific region is expected to slow as countries including China and India grapple with emerging economic issues as a result of the world economic crisis, according to research firm Forrester. Spending by ...
Tags: IT spending, Asia-Pacific region, Forrester