The Australian sharemarket has closed flat as investors gave a muted response to the Bank of Japan's plan for a more expansionary 2 per cent inflation target. At 4.15pm AEDT today, the benchmark S&P/ASX 200 index was up 1.6 points, or ...
Tags: stocks, Australian sharemarket, share price
The sharemarket rose yesterday after US housing data suggested economic growth in the world's biggest economy was likely to continue, and above-consensus GDP data from China showed that an economic recovery in Australia's biggest trading ...
Tags: stocks, sharemarket, economic
The Australian sharemarket rose after US housing data suggested economic growth in the world's biggest economy was likely to continue, and above-consensus GDP data from China showed that an economic recovery in Australia's biggest trading ...
Tags: Shares, economic growth, sharemarket
The National Bicycle Dealers Association wants its members to know that it is not endorsing a service being offered by the Lex Group. Lex Group LLC, a company based in Burnsville, Minnesota, sent a letter to NBDA dealers last week ...
Tags: Lex Group, National Bicycle Dealers Association, bike industry
Facebook has proposed a new model for designing servers that it says will give businesses more choice in selecting components and a smarter way to upgrade systems when needs change, though it remains to be seen how widely its method will be ...
Tags: Facebook, Buying Servers, upgrade system
Sharp has drastically cut-back production of 9.7-inch touchscreens for Apple's iPad, shifting its focus to the 7.85-inch screens that it makes for the iPad Mini at its Kameyama plant in Japan. The news caps a slowdown that began in ...
Tags: Sharp, touchscreens, Apple, iPad
The Australian sharemarket rose to a 20-month high today as investors continued to buy banks, consumer staples, property trusts, healthcare and energy companies, while remaining hesitant on iron ore producers after spot iron ore prices ...
Tags: Stocks, Australian sharemarket, sharemarket
The Australian sharemarket closed at a 19-month high as firming expectations of a February interest rate cut helped banking stocks. At the close today, the benchmark S&P/ASX 200 index was 18.3 points, or 0.38 per cent, higher at 4756.6 ...
Research in Motion announced Wednesday that credit card company Visa has approved RIM's Visa for use in mobile payments made with smartphones or tablets that use a Near Field Communication chip. The system, called Secure Element Manager ...
Tags: Research in Motion, Visa, mobile payments
How Dell will fare in private hands – if a buyout is indeed imminent – depends entirely on how the company’s management will react to the declining revenues from its PC business, and how it will develop other areas of its ...
Tags: Dell, private hands, PC business
The Australian sharemarket had its strongest day in almost two weeks yesterday, outstripping minor gains on Wall Street as strength in healthcare stocks, banks, telecommunications and consumer discretionary companies offset a drop among ...
Tags: Australia, sharemarket, Wall Street
The Australian sharemarket closed half a per cent higher, buoyed by the big banks and a major restructure by Boral, one of the nation's biggest manufacturers. At the close today, the benchmark S&P/ASX 200 index was 21.8 points, or 0.46 ...
Tags: Stocks, Australian sharemarket, share price
In a desperate move to restrict imports of gold, the Indian Government and Reserve Bank of India (RBI) are planning to further increase import duty on gold from prevailing 4% to 6%. It had quadrupled the gold import duty from 1% to 4% last ...
Tags: Government, India, Jewellery Industry
The Reserve Bank of India (RBI) has issued a notification for extending the 2% Rupee Export Credit Interest Rate Subvention Scheme till March 31, 2014 for nine different sectors, including readymade garments, handlooms, carpet and ...
Idemitsu Kosan Co., Ltd established Nghi Son Refinery and Petrochemical LLCin 2008, together with Mitsui Chemicals, Inc., Kuwait Petroleum International, and PetroVietnam in order to develop a workable concrete business scheme for the ...
Tags: refinery business, Refinery, Petrochemical