Australian stocks were lower early today after below-view Chinese manufacturing data, while Japanese shares took pause at the end of a violent week of trading. Chinese manufacturing data was the main data point today, with the official ...
Tags: sharemarket, shares, US dollar
US Senator Tom Harkin, an Iowa Democrat, and Representative Peter DeFazio, an Oregon Democrat, on Thursday again introduced bills to place a 0.03% tax on futures, swaps and other derivatives. Harkin and DeFazio have introduced bills ...
The spread between Asian toluene and feedstock naphtha was assessed at a more than four-month low of $263.125/mt Wednesday, down $23.275/mt from Tuesday, as the toluene market came under pressure from weak demand and falling domestic China ...
Tags: toluene, feedstock naphtha, Asia, toluene market
The NYMEX April natural gas futures contract settled 5.2 cents higher at $3.486/MMBtu Thursday on the back of a US Energy Information Administration storage withdrawal number that was above expectations and new data indicating a decrease in ...
Tags: NYMEX April natural gas, US Energy Information, production decrease
Groupon's founder and chief executive, Andrew Mason, has been fired following a string of poor financial results. In a candid memo to Groupon's staff Mason said: "After four and a half intense and wonderful years as CEO of Groupon, I've ...
Tags: Andrew Mason, Groupon, company news
Northwest Europe gasoline crack swaps fell sharply at Tuesday's European close following a drop in NYMEX RBOB futures. Platts assessed the March Eurobob crack swap at $13.50/barrel Tuesday, down from Monday's $14.70/b and the lowest since ...
Tags: gasoline, NYMEX RBOB futures, NWE
The Australian sharemarket has reached a fresh four-and-a-half-year high, buoyed by improved investor sentiment towards the Italian election outcome. At the close today, the benchmark S&P/ASX200 index was up 67.5 points, or 1.34 per cent, ...
Tags: Buoyant, Australian sharemarket, 2008 levels
Groupon’s revenues have increased but so has the company’s net loss. Groupon's revenue for Q4 2012 was $638.3m an increase of 30% year-over-year, compared to $492.2m for the same period in 2011. The company's gross billings ...
Tags: Groupon, gross billings, net loss
Australian shares rose to a 4 1/2 year high yesterday on strength in Asian and European markets. US economic data beat expectations and central bankers in Europe and the US reassured investors easy monetary policy will continue. ...
Tags: Australian shares, economic data, shares
In 2013, China air conditioner industry overall size will expand by 8%, and the energy-saving air-conditioners will take over 80%. In 2012, influenced by the overall economic environment, Chinese air conditioner industry was in a ...
US investment firm Jefferies analyst Peter MiseKe said in a report released Wednesday that although a growing number of analysts and shareholders required apple to do more with the cash, but he believed the company should be handled with ...
Tags: Apple, Stock Price, Peter MiseKe
US propane and propylene stocks dropped 3.22 million barrels to 47.85 million barrels in the reporting week that ended Friday, the Energy Information Administration said Wednesday Midwest supplies fell 926,000 barrels to 13.52 million ...
US commercial crude stocks failed to fall for the sixth straight reporting week data from the Energy Information Administration showed Wednesday, climbing 1.13 million barrels over the week ended February 22 to 377.518 million barrels, ...
Buying interest stayed muted at south China's trading hubs for imported thermal coal Tuesday, and CFR delivered prices were rangebound at $86/mt and remain capped by competitively priced domestic thermal coal, traders said. The ...
Tags: south China, thermal coal, imports
Cotton Outlook's initial supply and demand estimates for the 2013/14 season indicate an addition to world stocks of1,145,000 tonnes, compared to the rise of 3,536,000 predicted at the end of the current season. The global production ...
Tags: Cotton Outlook, initial supply, UK