THE dollar dipped below the US90c mark yesterday as expectations of a rate cut next week rose following bearish rhetoric from the Reserve Bank governor. At 5pm AEST the local unit was trading at US89.58c, down from US90.16c on Wednesday. ...
The latest update of global freight data collected by the International Transport Forum at the OECD through April 2013 indicates that the overall picture for global freight continues to be uncertain. The overall picture for global freight ...
Tags: Asia Transport, Service
Oil prices surged on Thursday as economic data around the globe added optimism to economic growth. In the week ending July 27, the advance figure for seasonally adjusted initial jobless benefits claims decreased 19,000 to 326, 000, the ...
Tags: Oil Prices, Global Growth Optimism
Italy-based auto parts manufacturer C.L.N. Coils Lamiere Nastri S.p.A. (CLN) has announced that it has closed its equity investment agreement with Japanese steelmaker Marubeni-Itochu Steel Inc. (MISI) according to which MISI now owns a ...
Tags: Auto Parts, Mineral
BASF increased sales by 3% in the second quarter of 2013 to just under €18.4 billion thanks to higher sales volumes in all segments. Income from operations (EBIT) before special items decreased by 5% to around €1.8 billion. In the ...
Tags: Construction, Decoration
In the course of the first half of 2013, Titan further strengthened its fundamental financial metrics, increasing sales, generating positive free cash flow and further reducing net debt. The robust recovery in the USA and resilient demand ...
Tags: Construction, Decoration
Oil prices advanced on Wednesday after a report showed that U.S. economic growth was higher than expected in the second quarter of the year. The U.S. real gross domestic product (GDP) increased at an annual rate of 1.7 percent in the ...
Tags: Oil Prices, Economic Data
Several trade incentives available to the African countries including, African Growth and Opportunity Act (AGOA), the Cotonou Agreement with the European Union, and the Southern African Customs Union (SACU) agreement, help in the revival of ...
THE Australian share market has edged higher as investors react to positive news out of China and uncertainty in the US. The S&P/ASX 200 dropped off in afternoon trade today, which Stock Report analyst Benny Sada said reflected market ...
Tags: economy, Share Market
Last month’s credit crunch should be seen as part of Beijing’s effort to restrain runaway credit growth and investment and encourage consumption spending, according to the Export Finance and Insurance Corporation. The ...
The Ettamogah Rail Hub is set to expand its services to Brisbane after being awarded one of the largest regional freight contracts in the country. The rail hub has announced a new twice-weekly service from Albury to Brisbane after ...
Tags: Regional Rail Service
Environmental regulations, rising consumer awareness regarding health and the environment, and focus on sustainability have driven the Asia-Pacific water-based coatings market. Higher domestic consumption and investments in infrastructure ...
Tags: Water-Based Coatings, Coatings, Chemicals
There is no free lunch. The saying may be another explanation for China's economic slowdown in the first half of the year. The economic transformation is proceeding at the cost of economic acceleration in order to obtain sustainable ...
The countries that have signed CAFTA-DR free trade agreement may lose about 100,000 jobs in the textile industry if the Trans-Pacific Partnership (TPP) agreement is signed in its current form, which allows Vietnam to import raw materials ...
Tags: CAFTA-DR Textile Sector, Textile
The latest U.S. Department of Agriculture (USDA) projections indicate that world 2013/14 cotton consumption is forecast at 109.8 million bales, an increase of 2 percent (2.4 million bales) from a year ago. India and Pakistan are expected to ...
Tags: Cotton Consumption, Textile