Local shares closed higher yesterday, even after paring a sharp rise early on in the session, as investors took profits ahead of an interest rate decision due from the Reserve Bank of Australia today. The stockmarket was buoyed by growing ...
Tags: Local shares, US Jobs Growth
The dollar is still higher after getting a boost from better US employment figures, increasing optimism about the America's economic recovery. At 5pm AEST, the local unit was trading at $US1.0272, up from $US1.0254 on Friday. The Aussie ...
Tags: US Unemployment Rate, Service
The Australian dollar has pushed above 103 US cents on news of improvements in the US jobs market. At 6.30am AEST the currency was trading at 103.15 US cents, up half a cent from 102.54 US cents on Friday afternoon. The Australian ...
Tags: Australian Dollar, US Jobs Data
The National Hardware Show in the Las Vegas Convention Center in Las Vegas, NV is the prime time & place for face-to-face sourcing, trading and learning for the $343 Billion dollar US home improvement and DIY markets. Your source for ...
Tags: Footprints
A former portfolio manager at the now defunct Diamondback Capital Management has been sentenced to 54 months in prison for crimes related to a multimillion dollar insider trading scheme involving computer maker Dell and hardware maker ...
The Australian dollar moved slightly higher amid gains on US share markets. At 6.30am AEST the currency was trading at 102.49 US cents, up from 102.36 US cents at yesterday’s local close. The Australian dollar made modest gains ...
Tags: Australian Dollar, US Stock
The sharemarket pared an early rise as profit-taking emerged before the release of US non-farm payrolls data due overnight. Strong earnings results from Westpac and Macquarie Group, together with a jump in resources stocks, initially ...
When eBay launched in 1995, the premise was simple: allow consumers to sell their unwanted goods to others via online auctions. Today, the multi-billion dollar business has localised sites in over 30 countries. Over 190,000 businesses ...
Tags: Toy Industry, Toys
What is high-end upholstery? Is it defined by a price point? OBentley Churchillr is it simply a matter of the best materials? Almost unanimously, retailers, manufacturers and designers agree that the buyer of high-end furniture bases her ...
Tags: Furniture, Furnishing, sofa
Luminus Devices, Inc., and Vision X Lighting announced a strategic partnership aimed at extending the adoption of LED technology into lighting applications that are currently dominated by High Intensity Discharge (HID) lamp technology. The ...
Sri Lanka's Piramal Glass said profits rose 5.6 percent to 724.3 million rupees in the year to March 2012 from a year earlier, exports were doing well, but warned against higher energy costs this year. The firm reported earnings of 76 ...
Tags: Piramal Glass, Construction
Shares were punished yesterday as investors worried about resources stocks being hit by global economic concerns, and the dollar was also sharply lower on the increased likelihood of an imminent cut in the official cash rate. The ...
Tags: Aussie Dollar, economy
Signs that a nascent recovery in the housing sector stumbled in March pushed the Australian dollar to its lowest since mid-April. The number of house-building permits fell 5.5 per cent in March, the most since July, curbing optimism that ...
Tags: Dollar, Housing Recovery
THE Australian dollar dropped below 103 US cents for the first time in three days amid falls on US stock markets and weaker commodity prices. At 6.30am AEST the currency was trading at 102.77 US cents, down from 103.54 US cents at ...
Tags: Australian Dollar, US Stocks
Dr. A Sakthivel, Chairman AEPC, while releasing the apparel export data for the month of March 2012-13 stated that, “Export in dollar terms for 12 months of the Financial Year (FY) 2012-13 has declined by 6 per cent over the same ...
Tags: Apparel Exports, Textile