Chinese economic policy and an improving US economy appear to have achieved what the Reserve Bank couldn't this week: taking the wind out of Australia's plucky currency, which fell to 11-month lows in early trading yesterday and is expected ...
Local shares rose slightly in mixed trading yesterday as a lower Australian dollar led investors to sell banks and other high-yield plays in order to buy shares of companies that stand to benefit from a sustained fall in the exchange rate. ...
Sony has moved back into profit for the financial year to 31 March, reporting profits of 43bn yen (280m), after four consecutive years of losses. The Japanese firm said it expected earnings to grow by an additional 16 per cent this year ...
Tags: Sony, Computer Products
Nippon Steel & Sumikin Stainless (NSSC), the largest stainless steel producer in Japan announced to raise its domestic prices for ferritic cold rolled coils (CRC) by 10,000/ton for May contract in order to reflect higher ferrochrome prices. ...
Tags: NSSC, CRC Prices
Harvey, Illinois-based Atkore International, a producer of galvanized steel tubes and pipes, electrical conduit, armored wire and cable and metal framing systems, announced Friday that for Q2 of fiscal 2013 (three months ended March 29, ...
Tags: Atkore International, Mineral
First Capital-AWIS and Hudson Insurance Group have jointly launched new insurance services professional liability primary and excess facility for brokers and policyholders. Underwritten by Hudson and administered exclusively by First ...
Tags: First Capital, Liability Facility
Investors will be watching the Australian dollar closely this week following its drop of nearly US2c late last week to just above parity with the greenback. The Australian currency closed in US trading on Friday at $US1.0017 after briefly ...
Tags: economy
Las Vegas, Nevada, United States of America (Free-Press-Release.com) May 9, 2013 -- The Gem & Lapidary Dealers Association (G.L.D.A.) is a firmly established, successful wholesale gem & jewelry show promotion company. Established in 1979, ...
Tags: Jewelry, Construction, Decoration
The quotes available on the market have risen again after its short, but strong drop during the middle of the reported week. Several reasons have been named for this development at the ICE in New York: The establishment of positions at ...
Japan's Toshiba says its quarterly net profit has tumbled 62 per cent from a year earlier, with demand for its televisions, computers and other digital products stumbling. The technology and engineering conglomerate said it had earned ...
Tags: Toshiba, net profit
LSI Industries Inc. (Nasdaq:LYTS) announced the introduction of an innovative and technologically advanced LED canopy lighting solution unlike anything available in the market today. The Legacy™, a revolutionary advancement in ...
Tags: LSI Industries, LED
It is plain and simple: the days of anonymous internet posting are over. The internet is no longer a safe-haven for people looking to harass competitors or individuals. Libelous accusations can be tracked down, and proper legal action can ...
The sharemarket surged to its highest closing level in almost five years yesterday, with the materials sector leading relatively broad-based gains after China reported stronger than expected trade data, Wall Street hit record highs and spot ...
Tags: Stocks, China Data
The Australian dollar shrugged off the Reserve Bank of Australia’s latest interest rate cut today, clawing back almost half of the value it lost yesterday, on the back of better Chinese trade data. The local unit traded around ...
Tags: China Surplus, Cool Dollar
Companies should be using the high dollar as an opportunity to invest in businesses offshore, says Francesco de Ferrari, a senior private banker with Credit Suisse. "Big companies should go on a shopping spree. The entrepreneurs get it ...
Tags: Credit Suisse Banker, economy