The Reserve Bank's decision yesterday to keep rates on hold for the second month in a row pushed the Australian dollar higher but capped share price gains as traders pared back the likelihood of further interest rate cuts this year. The ...
Daewoo Shipbuilding & Marine Engineering Company Limited (DSME) has selected Intergraph® SmartPlant® Enterprise solutions for operations and maintenance data handover of the INPEX Ichthys LNG Project in Australia. INPEX, operator ...
Tags: Daewoo Shipbuilding, Marine Engineering, Intergraph, SmartPlant
The Australian dollar was sharply higher today after companies reported better-than-expected investment intentions for the coming year. The solid investment report triggered heavy buying of the Australian dollar as traders reduced bets on ...
The Export Finance and Insurance Corporation (EFIC) says caution is still warranted on the global economic outlook . In the latest issue of its World Risk Developments report, EFIC cites risks in the US and the euro area as “a ...
Recently, the annual figures of the national gross domestic products (GDPs) of various countries of the European Union (EU) were published. Most of them are not very favorable compared to those for Asian countries. Most of them show a ...
Tags: GDP, European Union, finance
The dollar was sharply lower today amid rising concerns that the US central bank might soon take steps to start withdrawing the stimulus measures that have supported the world's biggest economy since the global financial crisis. Minutes ...
Tags: Dollar, financial crisis, financial
The Australian dollar plunged more than US1c yesterday amid rising concerns the US central bank might soon take steps to start withdrawing stimulus measures that have supported the world's biggest economy since the global financial crisis. ...
Tags: Australian dollar, US, Policy
Banks, property trusts, consumer staples and energy companies pushed the sharemarket to its highest close since September 2008, as investors digested earnings reports while awaiting the overnight release of minutes from the US Federal ...
Tags: Banks, property trusts, consumer staples, energy companies
An update to a survey conducted in spring of 2012 by McGladrey, a leading provider of assurance, tax and consulting services, indicates respondents’ optimism in their companies and the economy has fallen sharply. In an effort to ...
The sharemarket jumped to a 21-month high as stronger than expected trade data for China boosted confidence in Australia's biggest trading partner, and as the Reserve Bank said it had scope for further interest rate cuts. Shares were also ...
Tags: sharemarket, Shares, benchmark
Cisco Systems posted higher revenue and profit in its fiscal second quarter as Chairman and CEO John Chambers reiterated the company's ambitious goal to become the biggest company in IT. For the quarter ended Jan. 26, Cisco posted revenue ...
Tags: Cisco Systems, revenue, profit, IT industry
Cisco CEO John Chambers has reiterated the company’s ambitions to become the biggest company in IT after the firm posted higher revenue and profit in its fiscal second quarter. For the quarter ended on January 26, Cisco posted ...
Tags: Cisco, John Chambers, revenue
Sentiment regarding the prospects for the U.S. economy in the year ahead increased among U.S. industrial manufacturers, while uncertainty around outlook for the world economy prevailed, according to the Q4 2012 Manufacturing Barometer ...
Solar heat utilization has seen rapid development around the world by virtue of easy realizability, with the growing scale of application, especially in China whose solar water heater production has risen to 63.9 million square meters in ...
Fourth Quarter: -Fourth quarter 2012 earnings per share (EPS) from continuing operations, excluding significant items, were $.11 versus prior year earnings of $.26. Reported fourth quarter 2012 EPS from continuing operations was $.02 ...