The sharemarket climbed to a five-week high yesterday as falling bond yields fuelled demand for high-yield stocks, offsetting the negative effect on miners of disappointing Chinese manufacturing data. The benchmark S&P/ASX 200 closed up 1 ...
Tags: Lifts Stocks, economy
SHARES climbed yesterday following a rally in Japanese stocks and as some analysts saw potential for the Reserve Bank to cut interest rates next month. The benchmark S&P/ASX 200 closed up 0.7 per cent at a two-day high of 4966.6. The ...
Tags: economy
State oil companies China Petroleum & Chemical Corp., or Sinopec, and China National Petroleum Corp. over the weekend said they would boost supplies of oil products to central Sichuan province, following a major earthquake Saturday morning ...
Tags: oil companies, oil
The European ethanol physical price curve moved into contango this week as persisting high inventory in April collided with views that May could bring improved demand, sources said this week. A standard 1,000 mt fuel ethanol barge for ...
Tags: Ethanol Physical Price, Chemicals
THE Australian market has opened higher, with gains in all sectors but retail. RBS Morgans private client adviser Bill Bishop said the market was off to a promising start considering it had only received modest overseas leads. "Here, we ...
Tags: economy
A BRIGHTER end to what was a torrid week for mining stocks helped carry the sharemarket to a modest 0.2 per cent gain yesterday. After making a bold start, the benchmark S&P/ASX 200 index drifted lower throughout the trading session, only ...
Tags: economy
Security researchers from Russian cybercrime investigations company Groub-IB have recently identified a new piece of malware designed to steal login credentials from specialized software used to trade stocks and other securities online. ...
Tags: Researchers, Trading Software
Australia-based miner Northern Iron has announced that in the quarter ended on March 31 it achieved a record iron ore output, producing 4.96 million mt from its Bjornevatn and Kjellmannsasen mines in Norway, up 12 percent compared to the ...
Tags: Northern Iron, Iron Ore Production
NY futures continued to slip this week, as July gave up 126 points to close at 85.48 cents, while December dropped 58 points to close at 85.08 cents. The futures market remained under pressure as hedge funds continued to exit commodity ...
Europe's broad FTSE Eurofirst 300 index finance/markets/index?symbol=gb%21FTPP">.FTEU3, which hit its lowest level of the year on Wednesday, opened up 0.2 percent while London's FTSE 100 .FTSE, Paris's CAC-40 .FCHI and Frankfurt's DAX ...
A mix of materials and finishes continues to drive the accent furniture category at the High Point Market. Thus far this week, metals like iron and glass-top tables that make rooms appear bigger have done well. Many suppliers are ...
Tags: Furniture, Furnishing, Construction
The Australian dollar hit a five-week low after Wall Street was dragged down by falls in the share price of US banking stocks and Apple. At 6.30am AEDT the local unit was trading at 102.94 US cents, down from 103.63 cents at ...
Tags: Australian dollar, dollar
Taranto-based Italian steel producer Ilva is progressively restarting its finished steel production operations following recent favorable court decisions, having almost completely shut down its finished steel operations in late 2012. ...
Tags: Finished Steel Production, Mineral
TELSTRA shares hit a five-year high yesterday as investors flocked to high-yield stocks in the telco and banking sectors to protect against dramatic sell-offs in resources stocks. Shares in the nation's dominant telco soared to their ...
US stocks rallied broadly, notching a rebound from Monday's steep slide, as investor jitters were calmed by a bounce in gold prices, upbeat earnings reports and strong housing data. The Dow Jones Industrial Average gained 157.58 points, ...
Tags: Gold Price, economy