A new report from Gartner states that worldwide IT spending is set to total $3.7 trillion in 2013, marking a 4.2% increase over 2012. “Uncertainties surrounding prospects for an upturn in global economic growth are the major ...
Tags: IT Spending, 2013, Gartner
The Australian dollar barely moved in sleepy Asian trading yesterday but the outlook for the currency remained upbeat, with one major domestic bank sharply lifting its forecast for the currency this year. "It's very, very quiet," Rochford ...
Tags: Dollar, currency, Australian dollar
The Australian sharemarket rose yesterday as China's stronger-than-expected trade data fuelled hopes of an economic rebound for Australia's biggest trading partner. Fortescue Metals added 2.3 per cent after China reported a $US31.6 ...
Tags: sharemarket, China, trade data, stocks
Market watchers predict the local sharemarket will forge further ahead this year after surging almost 15 per cent last year, the result of a second-half recovery that defied concerns about sovereign debt in Europe and the US and a Chinese ...
Tags: shares, 2013, non resource sectors, sharemarket
“The most valuable commodity I know of is information.” (Gordon Gecko in “Wall Street” by Oliver Stone) Commodities have experienced a renaissance after the bursting of the internet bubble at the end of the ...
Tags: Commodities, Metallurgy, Mineral
Raises its overall projection, but lowers estimate for devices including tablets Worldwide IT spending is projected to total $3.7 trillion in 2013, a 4.2% increase from 2012 spending of $3.6 trillion, according to the latest forecast by ...
Tags: IT spending, Gartner, 2013
While analysts are generally in consensus in forecasting Brent crude to average around $110/b in 2013, the surge in North American production and question marks on the timing of new infrastructure has made for a highly divergent set of ...
Tags: Brent crude, crude oil prices, crude oil market, Brent
The outlook for the Latin American metals and mining sector in 2013 is mostly stable,although ratings agency Standard&Poor's is expecting metals prices to continue to drop. According to the agency,the prospects for slower global economic ...
Tags: Latin American, Metals and Mining Sector, Standard and Poor
Labor problems and low prices have platinum mines closing up shop in South Africa, and the potential for acquisitions is ripening. Senior Mining Analyst and Managing Director at Stifel Nicolaus in Toronto, George Topping believes that ...
Tags: Finance, Rare Earth, Metallurgy
With so many moving variables in the rare earth space, how can investors evaluate investment opportunities? Siddharth Rajeev of Fundamental Research Corp. finds his top prospects by zeroing in on a specific material and tracking its growth ...
Tags: Rare Earth, Rare Earth Metals, rare earth export, Critical Metals
Hiring is flat and Europe's economy continues teetering, but IT spending is beating forecasts, says Gartner. Worldwide IT spending is expected to reach $3.6 trillion this year, a 3% increase over last year, reports Gartner. The report, ...
Tags: IT spending, forecasts, Gartne
According to a Reuters survey, Iran posted increases in its oil output in November. Iranian supply has risen by 40,000 barrels per day to 2.71 million barrels per day. Sources in the survey said that a resumption in sales to South Korea ...
Tags: steel scrap price, iron ore price news, buy steel pipe, high carbon steel
Hong Kong is the world's most expensive shopping destination as significant inbound tourist flows and continued increases in domestic wealth fuels occupier demand from international fashion and luxury retailers, according to new research ...
Taipei,Oct.17,2012(CENS)--Global Insight recently revised its forecast of the global economic growth rate by 0.3 of a percentage point to 2.3%.Observers noted that the move may prompt the Directorate General of Budget,Accounting,and ...
The news comes as the paper and corrugated giant posted a lower-than-expected profit last week due to weak sales of consumer packaging in North America and Asia. International Paper said growth will be driven by cost savings projects and ...