THE Australian dollar jumped more than 1.5 US cents after Federal Reserve chairman Ben Bernanke declared US stimulus measures would continue. The local currency hit 92.94 US cents shortly before 9am AEST, only four hours after sinking ...
Tags: Australian Dollar, economy
THE Australian dollar lost some ground as minutes of the US Federal Reserve's last meeting hinted that the central bank was more likely to unwind its stimulus measures before the mid-2014 target. At 6.30am AEST the local unit was trading ...
Tags: economy
THE Australian dollar jumped yesterday after the US central bank poured cold water on earlier speculation that it would soon start to withdraw economic stimulus. The US dollar plunged early yesterday after the market was surprised by ...
Tags: economy, Australian dollar
Family Dollar Stores reported that for the third quarter of fiscal 2013 ended June 1, 2013, net sales increased 9.0% to $2.57 billion and net income per diluted share for the quarter was $1.05 as compared to $1.06 in the third quarter of ...
Tags: Family Dollar, Apparel
THE Australian dollar is higher after bouncing back from losses caused by weaker than expected Chinese trade figures. At 5pm, the local unit was trading at 91.96 US cents, up from 91.83 cents yesterday. LTG Goldrock director Andrew ...
Tags: economy
THE Australian dollar weakened slightly after the International Monetary Fund warned of a prolonged growth slowdown in China. At 6.30am AEST the local unit was trading at 91.79 US cents, down slightly from 91.83 cents at yesterday's local ...
Tags: economy
The oil complex nudged slightly higher during light trading Tuesday. Those gains were led by NYMEX August RBOB, which settled 4.23 cents higher at $2.9260/gal. NYMEX August crude settled 39 cents higher at $103.53/barrel, while ICE August ...
In the Eurozone, activity contracted by 0.3% in Q1 2013, falling for the sixth consecutive quarter. However, GDP growth is expected to turn slightly positive in Q2 2013 (+0.1%), with a mild acceleration over the following quarters (+0.2% in ...
Tags: economy, Labor market
THE dollar followed a stronger gold price higher in Asia yesterday in a jittery session, with traders awaiting comments by the US central bank on the outlook for the economy. Late yesterday, the dollar was at US91.83c, up US1.25c from ...
Tags: gold price, gold, economy
As the name suggests, laser cutting is a cutting technology that makes use of laser beams of varying intensities to cut materials. There are several reasons why laser cutting is preferred to other methods such as plasma cutting. Lasers ...
Tags: Laser Cutting
When the Great Recession hit in 2008/2009, consumers made shopping for values an epic, albeit mostly necessary, past-time. Many of their shopping behaviors have now become habits even though the economy has improved—and center-store ...
Leon's Furniture, its Brick Group subsidiary, the Hudson's Bay Company and Sears Canada have all launched independent fundraising initiatives to add those affected by the recent flooding disaster in Calgary and other parts of southern ...
Tags: Light Industry, Daily Use, Furniture
The bedding industry posted modest gains in May, with units rising 1.3% while the dollar value of wholesale bedding shipments increased 2.0%. The International Sleep Products Assn.'s May Bedding Barometer report shows that overall ...
Tags: bedding industry, Daily Use, Light Industry
Gartner has lowered its expectations for growth this year in global IT spending, saying it will rise 2% to $3.7 trillion. Earlier this year, the analyst firm predicted 2013 growth of 4.1%. The reduction "mainly reflects the impact of ...
OPPOSITION treasury spokesman Joe Hockey says the rapidly falling Australian dollar is having an "immediate negative impact" on business confidence and fuel prices, despite being good for exporters. Mr Hockey said falling interest rates ...