Associated Press reported that aluminum producer Alcoa Inc launches the fourth quarter earnings season on Tuesday after the markets close. The sluggish global economy, including slower growth in China and the debt crisis in Europe, has ...
Tags: Alcoa, aluminum producer, aluminum, aluminum industry
The sharemarket closed higher for a second day yesterday, buoyed by a last-minute budget deal in the US that drove global equities and commodity prices sharply higher on Wednesday night. The benchmark S&P/ASX 200 finished up 0.7 per cent ...
Tags: sharemarket, US, global equities, commodity prices
The sharemarket started the new year with a bang as US politicians agreed on a budget deal to avoid the worst of the so-called fiscal cliff, which had threatened to derail the world's biggest economy. The benchmark S&P/ASX 200 closed up ...
Tags: sharemarket, bang, US, fiscal cliff
The sharemarket started 2013 with a bang as US lawmakers agreed a budget deal to avoid the worst of the so-called fiscal cliff that had threatened to derail the world's biggest economy. The benchmark S&P/ASX 200 closed up 1.2 per cent at ...
Tags: sharemarket, 2013, US, fiscal cliff
Tech stocks are ending the first half of the year on an upbeat note with news that enterprise spending on software lately has been relatively strong. On Friday shares of computer companies led a U.S. market rally in the wake of reports ...
Tags: tech stocks, computer companies, Nasdaq, European debt crisis
South Korean carmaker Hyundai Motor is aiming to sell about 7.41 million vehicles worldwide in 2013, a 4.1% rise from the 7.12 million vehicles sold during 2012, marking a slowest growth since 2003. Hyundai Motor chairman Chung Mong-koo ...
Tags: carmaker, Hyundai Motor, vehicles, 2013
The number of new outsourcing contracts worldwide dropped by 20% in the second quarter, to 411 from 516 in the same period a year earlier, with contract values also sliding, according to new research. "The market is growing, but the pace ...
Tags: outsourcing contracts, second quarter, IT services, IT
Indian automobile manufacturer Maruti Suzuki is considering building its first vehicle assembly plant in Africa to boost exports. Maruti Suzuki India chairman R.C. Bhargava told Bloomberg that firm is in search of new markets and Africa ...
Tags: Maruti Suzuki, vehicle assembly plant, Africa, boost exports
Readymade garment exports from Bangladesh have risen while apparel exports from India continue to show downward trend. The exports of garments from Bangladesh rose by 8.8 percent year-on-year to US$ 1.36 billion in November 2012, ...
Tags: Garment exports, Garment, apparel exports, apparel
The mining sector's bellwether companies were all beaten down on Monday after China's premier Wen Jiabao delivered a downbeat outlook for the world's second largest economy adding that there were "new problems" to deal with. China will ...
Tags: China, Coal, Copper, Finance, Iron Ore, Lead, Nickel, Potash, Rare Earth, Zinc
A new report by PricewaterhouseCoopers (PwC) says the financial performance of global mining companies and their stock prices headed in opposite directions last year. The Toronto-based consulting firm says the top 40 global mining firms ...
Tags: Africa, Asia, Australia, Canada, Coal, Copper, Diamond, Finance, Gold, Iron Ore
Resource developers, especially in the rare earths space, are suffering from the market's obsession with immediate results, says Byron King, writer and editor for Agora Financial's Outstanding Investmentsand Energy & Scarcity Investor ...
Tags: Metallurgy, Mineral Energy, Rare Earth
Moody's Investors Service on Tuesday placed Alcoa Inc's Baa3 senior unsecured and Prime-3 short term rating under review for downgrade, reflecting the headwinds facing the company due to the decline in aluminum prices. The outlook was ...
Tags: Moody, Investors Service, aluminum price, aluminum
Xinhua reported that Chinese authorities vowed Sunday to focus on quality and efficiency of economic growth in 2013, demonstrating their determination to ensure sustainable and healthy economic development after the previous pursuit of ...
Tags: economic growth, economic policies, central economic work conference
China Economic Monitoring and Analysis Center (CEMAC): National Business Climate Survey results showed that the business climate index (BCI) was 122.8 in the third quarter, dropped 4.1 points quarter-on-quarter, and 22.8 points higher than ...