THE Australian dollar sank below US90 cents overnight for the first time since September 2010, as good US economic data and a Federal Reserve announcement provided mixed messages for currency investors. At 7am AEST on Thursday, the local ...
THE Australian dollar is lower following a dovish speech by Reserve Bank boss Glenn Stevens that hinted at another rate cut next week. At 5pm AEST the local unit was trading at 90.16 US cents, down from 90.63 cents yesterday. The ...
Total Next Brand sales in the first half were up 2.3%, around the mid point of the +1% to +4% guidance range we issued in March. Full price sales were somewhat better than the headline figure as a result of a much smaller End of Season ...
Tags: Fashion Group, Apparel
The Australian dollar is lower after Reserve Bank governor Glenn Stevens hinted there could be another cash rate cut next week. At 5pm AEST the local unit was trading at 90.63 US cents, down from 92.45 cents yesterday. The futures ...
Tags: Australian dollar, Reserve Bank
A forthcoming audit of overall government debt in China is expected to reveal the status quo of growing government debt and its potential risks amid the country's economic slowdown. The planned nationwide audit follows a previous one ...
Tags: Gov't Debt
After eluding police for 10 days last year, a dragnet in central China’s Henan province finally closed in on Li Mingzhong, the head of a BOC Fullerton Community Bank branch who had absconded with more than US$16 million in rural ...
Tags: Village Banks, Privatization
For second-quarter 2013, deposition equipment maker Aixtron SE of Aachen, Germany, has reported revenue of €45.3m, down 1.7% on €46.1m a year ago but up 13% on €40.2m last quarter. The firm also recorded improvements in its ...
Tags: Aixtron MOCVD
The Australian share market has outperformed others in the Asian region, as strength in the banking sector pushed it higher. Commonwealth Bank shares closed at a record high, and its three rivals also posted strong gains. That helped ...
Tags: share market
Nowadays Smartphone takes impact on every aspect of people's daily life. Smartphone is used for organizing, planning and interacting with each other. But people have to focus on work, activities and obligations due to busy lives. People are ...
Tags: LED Bracelet, Lighting
The State Resources and Enterprise Development Ministry will re-establish the now defunct cement factory in Kankesanthurai with an investment of Rs. 1.5 billion to make it operational within one year from the date of commencing the project, ...
Tags: KKS, Cement Factory
Global healthcare products provider Perrigo Company and Elan have entered into a definitive agreement, under which the latter will be acquired by a new holding company in Ireland, New Perrigo, in a $8.6bn cash and stock transaction. ...
Abdulfatah Ahmed, the Governor of Nigerian state of Kwara and chairman of the Ad hoc Committee of the Northern Governors’ Forum on the Reactivation of Kaduna Textile Limited, has said that Nigeria should exporting textile materials, ...
Tags: Kwara Governor, Textiles
Last month’s credit crunch should be seen as part of Beijing’s effort to restrain runaway credit growth and investment and encourage consumption spending, according to the Export Finance and Insurance Corporation. The ...
AIXTRON SE, a leading provider of deposition equipment to the semiconductor industry, today announced revenues of EUR 45.3m for the second quarter of 2013, representing a quarterly sequential increase of 13 percent compared to EUR 40.2m in ...
The Australian dollar was weaker as markets warmed again to the idea that the central bank will cut interest rates next month. "Domestic press speculation of an RBA rate cut in early August has weighed on the Australian dollar," RBC ...
Tags: Australian Dollar