The dollar hit two-month lows after the central bank surprised economists by cutting interest rates to record lows and warned that the high exchange rate is continuing to act as a brake on growth. The Reserve Bank of Australia defied most ...
Tags: Dollar, Record Low
Local stocks rose 0.6 per cent today as investors piled into banks to take advantage of their dividend yields, and amid optimism that the country's biggest lenders would report rising profits this week and next. The benchmark S&P/ASX 200 ...
Tags: Local stocks, Stockmarket
The sharemarket rose 0.6 per cent yesterday as investors piled into banks to take advantage of their dividend yields, amid optimism the country's biggest lenders would report rising profits this week and next. The benchmark S&P/ASX 200 ...
Tags: sharemarket, Investors Banking
The ratio of the Gulf Coast normal butane assessment to the front-month NYMEX crude contract is at 57.9% Friday morning, the lowest level since late 2008, Platts data showed, in part due to the deployment summer gasoline specs. The ratio, ...
Tags: USGC, normal butane prices
Prices for 2012 and 2013 US ethanol renewable credits, also known as RINs, on Monday reached their highest levels in four weeks on the heels of weak biofuels production data released by the US Environmental Protection Agency Friday, sources ...
Tags: ethanol, renewable fuel
European naphtha prices have come under pressure from run cuts in the polyolefin chain as well as falling crude prices, with ICE Brent futures sinking to an eight-month low Friday, sources said. CIF NWE naphtha was assessed at $846.50/mt ...
Tags: polyethylene market, polyethylene
NEMA’s incandescent lamp shipments index showed a precipitous decline of 40.1 percent compared to the same period last year. Moreover, the index reached a value of 49.3, a new record low for the series. On an annual basis, ...
Tags: Incandescent Lamps, Lamps, lamp shipments
The Australian dollar was trading just below its two-month high late today after government data showed retail sales surged again in February. Retail sales rose a seasonally adjusted 1.3 per cent in February from January, when they rose ...
While U.S. markets have surged lately, with the Dow Jones Industrial Average hitting milestone after milestone in 10 straight days of advances, a relatively modest increase in the value of IT company shares reflects the reality that a ...
Tags: tech trends, tech sector, tech stocks
The average annual growth of DRAM content per PC will decline to a record low of 17.4% this year says IHS. This is some way down from the peak growth year for DRAM content growth in PCs which was 56% in 2007 followed by 50% in 2008. ...
Tags: DRAM content, PC
A biiger-than-expected trade deficit for January hurt the Australian dollar in the Asia session but overall trading was subdued. Australia posted a seasonally adjusted trade gap of $1.06 billion in January, compared with $688 million in ...
The dollar climbed sharply today after the Reserve Bank of Australia left interest rates unchanged and indicated there is little rush to cut rates again soon. Earlier, government data showed retail sales rose at their fast pace in seven ...
Australian businesses have pulled back their profit expectations for the coming months as they anticipate modest sales activity, difficult trading conditions and subdued consumer activity. After showing signs of optimism leading into the ...
Mac sales plummeted in the fourth quarter of 2012, falling 22% from the same period the year before, with computer sales accounting for a record low percentage of Apple's total revenue of $54.5 billion. The decline in Mac sales was ...
Shares in Canadian smartphone manufacture Research In Motion (RIM) reached a 13-month high on Monday, a week before the firm launches BlackBerry 10. Toronto-listed stock prices for RIM were up as much as almost 18 per cent on Monday, ...