January semi sales of $24.05bn were 3.8% up on last January, reports the SIA, and 2.8% down on December. "The across-the-board spending cuts that hit last week and the threat of a government shutdown later this month are just the latest ...
Tags: January semi, sales, SIA
Asia's paraxylene market extended falls Monday morning, with the CFR Taiwan/China PX price benchmark declining quickly to under the psychological $1,600/mt mark for the first time in three months under heavy sell pressure, market sources ...
Tags: paraxylene market, paraxylene, PX Market
The Australian sharemarket roared back yesterday, recovering most of its 75-point loss on Monday, after a US Federal Reserve official reiterated the central bank's commitment to quantitative easing, local retail sales exceeded expectations ...
Tags: sharemarket, benchmark, Share trading value
ANZ is pitching to service the corporate bond market in Vietnam, which is reopening after several slow years. "The market has been very quiet over the last 2 1/2 years but ANZ has been one of the first banks to reactivate the market ...
Tags: ANZ, bond market, investment
The federal government's commodity forecaster expects the Australian dollar to remain strong in the short term, averaging $US1.04 in 2013-14. The Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES) says the ...
Tags: dollar, Australian dollar, currency
The dollar climbed sharply today after the Reserve Bank of Australia left interest rates unchanged and indicated there is little rush to cut rates again soon. Earlier, government data showed retail sales rose at their fast pace in seven ...
Speaking at the SteelOrbis Spring 2013 Conference & 68th IREPAS Meeting taking place on March 3-5 in Doha, Adel Al-Mughram, senior marketing manager at Saudi Arabian company SABIC, underlined that oil is critical of Saudi Arabia and crude ...
China is forging a new identity for itself beyond that of a manufacturing haven. With wage rates rising rapidly, other Southeast Asian countries are stepping up to ll the shoes of "world factory," while China actively shapes its ...
Tags: Focus Vision, China, China's Economy
The Australian dollar is more than half a US cent higher ahead of the Reserve Bank of Australia's March interest rate decision. At 6.30am AEDT, the currency was trading at 101.81 US cents, up from 101.25 US cents on Monday afternoon. ...
Tags: Australian dollar, US cent, currency
The S&P/ASX200 is down 0.3 per cent as resources stocks including BHP Billiton, Rio Tinto, Fortescue and Oil Search are down 1.2 per cent to 2.7 per cent on commodity weakness and with ex-dividend falls today worth about 11 index points. ...
THE sharemarket fell sharply yesterday after China announced new measures to curb property speculation. Investors were also concerned after China's services sector data missed expectations, and a 60 Minutes report that said China's rapid ...
Tags: real estate, Economy
Capitalising on rapid economic growth in the Asia-Pacific and Japan region, Software AG has welcomed Daniel Ternes, Mike Saxton and Graham McColough to its leadership team. Ternes has been appointed regional chief technology officer while ...
Tags: economic growth, Software AG, company news
A number of positive signs are starting to emerge regarding the U.S. economy, but there remain political and global headwinds that could slow growth, according to a new report. The Manufacturers Alliance for Productivity and Innovation ...
Tags: Manufacturers, Manufacturing production, Manufacturing
Flowserve Corp. announced financial results for the fourth quarter and full year of 2012. In a separate release, the company also announced a 16.7% increase in its quarterly dividend to 42 cents per share, a replenished stock repurchase ...
Tags: Flowserve, shareholder action, Securities and Exchange Commission
Beijing plant will supply panel makers on the China mainland Corning Incorporated (NYSE:GLW) today hosted a grand opening ceremony for a new liquid crystal display (LCD) glass substrate manufacturing facility in the People's Republic of ...
Tags: LCD Glass