Non-manufacturing activity took a dip in June but remained in growth territory, according to the June edition of the Institute of Supply Management's (ISM) Non-Manufacturing Report on Business. ISM said that the index used to measure ...
Tags: Processing Machinery
The Australian dollar has opened firmer despite some positive US manufacturing activity data. At 6.30am AEST the local unit was trading at 92.36 US cents, up from 91.99 cents at yesterday’s local close. The currency regained ...
The Aussie slumped to a fresh 33-month low today as the US central bank signalled plans to rein in its stimulus program before the end of the year and China's economy showed more signs of a slowdown. At 5pm AEST, the Aussie was trading at ...
The Flat Glass Manufacturing industry is expected to return to consistent growth over the five years through 2018-19 as the UK economy undergoes a tentative recovery, and conditions in key downstream construction and automobile industries ...
Tags: Flat Glass, Construction, Decoration
Non-manufacturing activity continued to remain in growth territory, according to data released by the Institute for Supply Management (ISM) today. The ISM's monthly Non-Manufacturing Report on Business said that the index used by the ISM ...
NYMEX July crude settled $1.48 higher at $93.45/barrel Monday, largely holding to overnight gains following better-than-expected eurozone manufacturing data. Weak US manufacturing data put downward pressure on the US dollar, which ...
Tags: Oil Complex, Us Dollar
Manufacturing activity in May contracted for the first time since November 2012, according to the Institute for Supply Management (ISM). The PMI, the index used by the ISM to measure manufacturing activity—at 49 in May was down 1.7 ...
Tags: ISM, Manufacturing&Processing Machinery, Manufacturing Data
The Australian dollar is slightly higher as investors shrugged off weak economic data and sat on the sidelines waiting for bigger events. At 5pm AEST, the local unit was at 96.56 US cents, up from 96.41 cents on Friday, and at its high ...
Tags: Dollar, Investor, Economic Data
Australian stocks have closed flat, with a strong day from the major miners offset by weakness among the banks. The local market took its cues from a positive finish on Wall Street, opening up about 0.3 per cent, but slid into the close ...
Tags: Bank, Sharemarket
In the first quarter of the current year, South Africa's seasonally adjusted gross domestic product (GDP) increased by 0.9 percent quarter on quarter, according to the detailed statistics released by Statistics South Africa. The country's ...
Tags: economy, Metallurgy, Mineral, Energy
The S&P/ASX200 has closed down 2 per cent at 5062.4, as slower Chinese manufacturing activity in May combined with signs that the US Federal Reserve could start rolling back its bond-buying program to send the local sharemarket to its ...
A SHOCK contraction in Chinese manufacturing and the prospect that the US Federal Reserve could soon unwind its quantitative easing measures rocked local markets yesterday, pushing the Australian dollar close to an annual low and wiping ...
The Australian dollar has continued to fall due to investor caution and falls in commodity prices. At 7am AEST the local unit was trading at 96.42 US cents, down from 96.79 cents on Friday. Since 5pm AEST on Friday, the Australian dollar ...
Tags: Australian, Dollar, Commodity Prices
Dr. A Sakthivel, Chairman AEPC, on behalf of the entire Textiles Industry has complimented Shri Anand Sharma for bringing in the favorable Foreign Trade Policy and timely interventions that lead to this turn around in the exports of RMG and ...
Tags: AEPC Chairman, Trade Policy
The Institute for Supply Management (ISM) reported today that while showing a bit of a decline overall, non-manufacturing activity in April remained in growth mode. The ISM's monthly Non-Manufacturing Report on Business stated that the ...
Tags: Non-Manufacturing Index, economy