Signs that a nascent recovery in the housing sector stumbled in March pushed the Australian dollar to its lowest since mid-April. The number of house-building permits fell 5.5 per cent in March, the most since July, curbing optimism that ...
Tags: Dollar, Housing Recovery
Indonesia is proving to be a Country with solid economic growth. Its local textile industry is a dominant force in a broad competitive recovery, and Italian machinery manufacturers are looking to consolidate their presence by participating ...
Macquarie Research has cut its price forecast for several commodities, including copper and gold, due to renewed concerns about future commodities demand as optimism about the global economy erodes. Macquarie Research, a unit of Macquarie ...
Tags: Macquarie Research, Demand Fears
April 25, 2013 - Ontario's Green Energy Act (GEA) will soon put the province at or near the top of North American electricity costs, concludes a new report from the Fraser Institute, with "serious consequences for the province's economic ...
Tags: Consumer Electronics, Electronics
The Chinese government passed a series of domestic policies in 2012 that have served to not only stimulate LED lighting demand but also to strengthen the entire business momentum within the LED lighting market, according to the ...
Tags: LED Lighting Market, LED, Lighting
High unemployment and the continued slowdown in economic growth in the Southern European crisis countries in particular is still hampering economic development in the European Union (EU). While the countries moving towards recovery are ...
Tags: GFK Consumer Climate, unemployment
Victoria has moved a step closer to a second international airport with a new memorandum of understanding between Australia and the Philippines securing the rights for international flights to Avalon. The MOU will allow Australian and ...
Tags: Melbourne, International Airport
The readymade garment industry of Bangladesh is suffering from a severe image crisis in the international markets because of concerns about labor safety arising from recent fire incidents in two garment factories, which resulted in a ...
Tags: Garment Sector, Garment
The dollar was down more than half a cent against the greenback because of continued fears of weakness in world commodity prices and ahead of local inflation data that might clear space for an interest rate cut next month. News last ...
Tags: Dollar, Metals Stay Weak
The Australian dollar fell to a one-month low during overnight trading as bombings in Boston and disappointing Chinese economic growth weighed on market sentiment. At 7am AEST the local unit was trading at 103.15 US cents, down from ...
Tags: Australian Dollar, China GDP
Representatives of three Puducherry-based textile mill workers have urged the Central Government to provide funds for upgradation of the mills, which according to them have huge potential for employment generation and to aid economic ...
Tags: Puducherry Textile, Textile
According to the Metal Industry Indicators report released by the US Geological Survey (USGS), the US economic recovery has supported domestic primary metals industry activity with modest metals demand coming from the manufacturing sector. ...
Tags: US Steel Industry, Mineral
The Chinese textile industry is facing several pressures and it needs to crack these pressures through various efforts, Sun Huaibin, director of the China Textile Economy Research Centre, has said. Speaking at the 2013 China Cotton ...
Tags: Textile Industry, Textile
The Australasian Railway Association welcomed the release of draft legislation for new tax incentives that will promote investment in public infrastructure. "Any initiative that will encourage private sector investment into major ...
Clean energy production using CSP technology has moved out of the doldrums and is making considerable headway. The well-known Desertec project is now in full swing and new plants are being built in the vast desert areas of North Africa. ...
Tags: CSP Technology, CSP