The flow of economic data has improved markedly last month, setting the scene for a period of quiet on the interest rate-cutting front. Westpac's data pulse for Australia, which tracks the share of economic data released across the past ...
The local sharemarket retreated from a 4 1/2-year high yesterday before last-minute budget talks at the White House aimed at avoiding $US85 billion ($83bn) of automatic US spending cuts, the so-called sequester, which were due to take ...
Tags: sharemarket, Shares, benchmark
The Australian dollar was lower late today as the US dollar strengthened broadly in the wake of more solid economic data from the world's largest economy. Initial claims for US jobless benefits last week dropped to 344,000, compared with ...
Tags: Aussie dollar, Australian dollar, US cents
The Australian dollar is lower following the release of weaker Chinese manufacturing data on Friday and the onset of automatic spending cuts in the US. At 6.30am AEDT today, the currency was trading at 101.99 US cents, down from 102.36 US ...
Tags: Australian dollar, currency, US cents
Australian shares rose to a 4 1/2 year high yesterday on strength in Asian and European markets. US economic data beat expectations and central bankers in Europe and the US reassured investors easy monetary policy will continue. ...
Tags: Australian shares, economic data, shares
ATLANTA — Aided by a successful advertising campaign and expanded custom and special order upholstery programs, Top 100 retailer Havertys said fourth-quarter sales rose 8.3%. The 122-store chain reported that same-store sales were ...
Tags: advertising campaign, upholstery programs, company news
The sharemarket rose to a multi-year high yesterday amid growing optimism about corporate earnings and continued weakness in the domestic bond market. Minutes from the Reserve Bank's February board meeting left the door open to more ...
Tags: Earnings, sharemarket, bond market
The sharemarket was flat today after reaching a multi-year high amid mixed earnings reports, benign minutes from the Reserve Bank of Australia's January board meeting, and a lack of direction from US markets after Presidents' Day. ...
Tags: Stocks flat, earnings, sharemarket
1. Industry Development Situation Packaging machinery refers to the machine which is able to complete all or part of the product and commodity packaging. The packaging process including filling, wrapping, sealing and other associated ...
Tags: Packaging Machinery, Export Trend Analysis, Analysis Report
The share market weakened slightly before upcoming events including the release of European and US economic data, the weekend meeting of G20 finance ministers and central bankers in Moscow, and Italian elections the following weekend. ...
At 1700 AEDT, the local currency was trading at 103.64 US cents, up from 103.50 cents on Thursday. Westpac chief currency strategist Robert Rennie said the Australian dollar traded in a narrow range on Friday but remained well supported. ...
Market sentiment was aided by news that China's Citic Resources was taking a big stake in Alumina. The benchmark S&P/ASX 200 closed up 0.7 per cent at 5036.9. This year it is up 8.3 per cent after rising 15 per cent in 2012. Trading value ...
Tags: Citic Resources, Alumina, stock market
The Australian dollar was almost level following a night of mixed economic data. At 6.30am AEDT the local unit was trading at 103.48 US cents, slightly down from 103.50 cents at yesterday’s local close. New claims for US ...
Tags: Australian dollar, US unemployment insurance, economic data
Rising industrial shares offset a slump in the telecommunications and utilities sectors, leaving the S and P 500 slightly higher as investors weighed muted retail sales and other economic data. The Standard & Poor's 500-stock index added ...
Tags: telecommunications, retail sales, US Stocks
The sharemarket rebounded yesterday after US stocks rose due to better-than-expected economic data, suggesting optimism over the global economy is stronger than political concerns in Spain and Italy. The benchmark S&P/ASX 200 closed up ...