The Australian cane industry is enjoying a period of rejuvenation, helped by an increase in foreign investment. Picture: Lyndon Mechielsen Source: The Australian This year's Australian sugarcane harvest has started in north Queensland ...
Tags: Cane Industry, Australia
The arrivals are dwindling in most of the States and season seems to be coming to a close. Approximately 3 Crore 19 lakh bales have arrived in the market as per trade sources. CCI seems to be the best source for good cotton especially in ...
The dollar's coming of age as a global reserve currency has resulted in a $200 billion buying spree by central banks and sovereign wealth funds since the global financial crisis, adding an estimated US6c-US8c to the dollar's value, ...
Tags: Australian Dollar, JP Morgan
Is the New Zealand equity market a bubble? With global short-term interest rates at close to zero and a number of central banks pumping liquidity into markets as fast as their printing presses allow, there are clear signs that asset bubbles ...
Tags: Paul Glass, Construction
The dollar is slightly higher as traders wait for an announcement on whether the US Federal Reserve will wind down its economic stimulus measures. At 5PM AEST, the Aussie was trading at US96.21c, up from US95.94c on Friday. On Thursday ...
Tags: Dollar, US Federal Reserve
The Honeygate scandal is over; or at least the latest incarnation of honey laundering has come to a close. Two major U.S. honey packers, Groeb Farms in Michigan and Honey Solutions in Texas, confessed to importing million of dollars in ...
Oil futures accelerated a bullish climb shortly ahead of the 2:30 p.m. EDT (1830 GMT) NYMEX market settle to close Thursday sharply higher amid rising equities and a weaker dollar. ICE July Brent expired up 76 cents at $104.25/b, after ...
Tags: Oil Futures, Chemicals
Abakan Inc., a manufacturer in the advanced coatings and metal formulations markets, has announced that its subsidiary Powdermet has secured several partnerships with corporate, government and military agencies to advance commercialization ...
Tags: Construction, Decoration, coating
The U.S. Patent Office has confirmed four claims of Apple's overscroll bounce patent, including claim 19, according to a document filed with a federal court on Thursday. That claim played a crucial part in Apple's $1.05 billion lawsuit ...
Tags: Apple, Overscroll Bounce Patent
Hudson's Bay Company reported its results for the 13-week period ended May 4, 2013 (the "first quarter"). The first quarter was characterized by strong same-store sales growth at Hudson's Bay, partially offset by a low single digit ...
Tags: Hudson's Bay, Apparel
The Australian dollar slumped to a near three-year low during Asia trade after local economic data disappointed and Goldman Sachs warned the resource-rich country was at risk of a steep economic downturn. New government figures today ...
Tags: Australian Dollar, Service
THE Aussie is higher as the greenback and Wall Street stocks fell after the Bank of Japan stayed quiet on any new stimulus measures. At 6.30am AEST, the dollar was trading at US94.41c, up from US94.02c yesterday. The Bank of Japan ...
Tags: Japan Concerns, Dollar
The Australian dollar has closed firmer following an upbeat consumer sentiment reading and renewed pressure on the greenback. The currency touched US94.63c in late afternoon trading, up from US94.02c late on Tuesday. Twenty minutes ...
Tags: Consumer Sentiment, Service
The Australian dollar has closed firmer following an upbeat consumer sentiment reading and renewed pressure on the greenback. At 5pm today, the currency touched 94.63 US cents, up from 94.02 cents yesterday. Twenty minutes after ...
Tags: Australian Dollar, US Dollar
lululemon athletica inc. announced financial results for the first quarter ended May 5, 2013. lululemon also announced that after a five and half year tenure Christine Day will step down as the Company’s Chief Executive Officer when a ...
Tags: lululemon athletica, Apparel