BUOYANT global equities boosted the Australian dollar today, with traders betting that European and US central banks will this week reaffirm commitment to easy money policies designed to boost asset prices and stoke growth. Australia's ...
Tags: Australian Dollar, economy
The Australian dollar has rallied to its highest level in 11 days following gains on global share markets. The currency rose to 103.60 US cents early today, its highest level since April 19. By 7am AEST it had dropped back slightly and ...
The Australian dollar traded slightly lower during holiday-thinned Asian trade as a dearth of local developments left traders waiting for key events offshore. Topping the watch list are European Central Bank and US Federal Reserve ...
Tags: Australian dollar, bond issuance
The Australian dollar dropped below 103 US cents following weakness on global share markets and commodity prices. At 6.30am AEST the currency was trading at 102.81 US cents, down from 103.10 US cents on Friday afternoon. The currency ...
Tags: Australian dollar, currency
The sharemarket rose 0.6 per cent yesterday as investors piled into banks to take advantage of their dividend yields, amid optimism the country's biggest lenders would report rising profits this week and next. The benchmark S&P/ASX 200 ...
Tags: sharemarket, Investors Banking
The AWEX Regional Indicators finished 1.9% lower, on average, at sales in Sydney, Melbourne and Fremantle last week when the US exchange rate fell by 0.5%. The wool market displayed more of the volatility seen since the resumption of ...
Tags: Aussie Wool, Textile
To ensure optimum customer service and support, Auto Glass Guru has added a full time customer service department available seven days a week. Their customer service department verifies each job across the nation each morning, to ensure all ...
Tags: Glass Guru, Auto Glass, Glass
China saw the increment of funds outstanding for foreign exchange (FOFE) reach a new high of CNY 1.2 trillion in the first quarter of this year. According to data released by the People's Bank of China (PBOC), the central bank, on April ...
Flowserve Corporation announced it has signed a collaborative agreement with Advanced Diamond Technologies, Inc. (ADT) to become the exclusive developer and supplier of diamond coated hard faces for its mechanical seals. When applied to ...
Tags: Flowserve, Collaborative Agreement, Processing Machinery
A rise in commodity prices has helped push the Australian dollar back above the $US1.03 level. At 5pm AEST, the local unit was trading at $US1.031, up from $US1.0246 on Wednesday. CMC Markets foreign exchange dealer Tim Waterer said the ...
THE sharemarket drifted in patchy trade to close marginally lower yesterday, rounding out an otherwise positive week that was characterised by improving sentiment towards the resources sector. BHP Billiton rose 2.8 per cent and Rio Tinto ...
Tags: Bourse, Resources Recover
Shimano's total sales inched up to $636.1 million (63.3 billion yen) from $628.1 million over the first quarter of last year. Sales at Shimano's bicycle division grew 3 percent to $514 million (51.1 billion yen), and account for 81 ...
Tags: Transportation, bike
THE Australian dollar climbed after claims for US unemployment benefits last week fell to their lowest level since mid-March. At 6.30am AEST the local unit was trading at 102.91 US cents, up from 102.46 cents on Wednesday. Local markets ...
Tags: Australian Dollar
In 2012, MCU unit shipments surged 16%, but total revenues declined 3% and ASPs plunged 17%, says IC Insights. While uncertainty about the global economy played a factor in lowering MCU revenues, the market was significantly ...
Training with power remains one of the most elite market niches in cycling: so expensive that even some ProTour teams limit their riders' access to power meters, keeping them under lock and key and lending them out for limited tests. In the ...
Tags: Transportation, bike, software, hardware