The Aussie rallied against the greenback to its highest level in 2 1/2 months on the back of data that showed solid growth in exports to China, the country's largest trading partner, over the past year. China posted a trade deficit of ...
Tags: Dollar, Exports to China
Thanks to 2012’s unseasonably warm winter, IBD sales suffered from unfavorable year-ago comparisons this February but showed strength when viewed against the more realistic 2011 period, according to data from research firm Leisure ...
Tags: IBD sales, Merchandise
The recent landmark currency agreement between Australia and China is good news for Australian manufacturers. Under the agreement, exporters will be able to directly trade the Australian dollar with the yuan and vice versa. The deal, ...
Tags: Currency Deal, Boost Trade
Flowserve Corporation announced it has received a multi-million dollar order from M.N. Larnaca Desalination to provide a complete pump package and energy recovery devices (ERDs) to be used at Larnaca, a 60,000 cubic meters/day (15.9 million ...
Family Dollar Stores, Inc. reported that for the second quarter of fiscal 2013 ended March 2, 2013, net sales increased 17.7% to $2.89 billion and net income per diluted share for the quarter increased 5.2% to $1.21. Fiscal 2013 Second ...
Tags: Apparel
Holden managing director Mike Devereux has cited the decline in Holden Cruze sales as “mostly attributable” to the Adelaide manufacturing job losses announced today. Devereux listed the strength of the Australian dollar, ...
Tags: Holden Cruze, car, Auto
The Australian dollar was lower yesterday after worldwide confidence was dented by news on Friday of weaker than expected employment growth in the US last month. At 5pm, the dollar was buying $US1.0379, down US0.36c. The US jobs report ...
Tags: Aussie Dollar, Dollar
The Australian dollar was lower today after world-wide confidence was dented by news on Friday of weaker-than-expected employment growth in the US in March. The Australian dollar was trading at $US1.0373 in late afternoon trading compared ...
Tags: Australian dollar, dollar
AUSTRALIAN shares have opened slightly higher, buoyed by resource stocks . IG Markets Stan Shamu said resource stocks were benefiting from a rise in commodity prices following disappointing US employment data, which had pushed the US ...
THE Australian dollar sits below 104 US cents heading into the start of the local trading week. At 6.30am AEST, the Australian dollar was at 103.63 US cents, down about half a cent from Friday's local close of 104.15 US cents. During ...
Tags: Australian Dollar
The ICE Brent front-to-second month spread fell into contango during afternoon US trade Friday, the first contango between the two contracts since July 2, 2012. ICE May Brent was down $2.50 at $103.84/b after hitting a fresh eight-month ...
Decreased customer inventories and depreciating Japanese yen and South Korean won against U.S. dollar are motivating Taiwan's machine-tool makers to accelerate expansions at home and overseas. Tongtai Machine & Tool Co., Ltd. will begin ...
Tags: Machine Tool, Hiwin Technologies
ACE Medical Risk Group has launched an array of physician professional liability insurance products and coverage services to support hospitals and healthcare facilities for their employed physicians, and their owned or affiliated medical ...
Tags: ACE USA, Liability Insurance
At least $200 million will be invested into early stage, high growth Australian companies by three new venture capital funds supported by the federal government’s Innovation Investment Fund (IIF). The IIF is a Government vehicle ...
Tags: venture capital funds, Bionomics, Pharmaxis
When I addressed a few hundred retailers at the Nationwide Marketing Group's recent Furniture Summit in Las Vegas, I had a simple message: Carry more bedding. And I had the statistics to back that message up. Bedding is the only major ...
Tags: Light Industry, Bedding