The local dollar could reach parity with the US dollar for the first time since the currency was floated if Asia & #39;s hunger for Australian commodities deepens.
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The local dollar could reach parity with the US dollar for the first time since the currency was floated if Asia & #39;s hunger for Australian commodities deepens.
The US government is imposing new duties on imports of steel pipes from China, the latest sign of trade tensions between the two countries.
Economists expect local market to follow 2009’s big jump with more gains. 31 Dec 2009 6:53 PM
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North Korea will ban the use of foreign currency for purchases among both its citizens and foreigners beginning on January 1, Chinese state television reports.
Unnamed buyers to take on the portfolio’s existing debt obligations. 31 Dec 2009 4:10 PM
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Economist says home prices are rising at unsustainable rates in some cities. 31 Dec 2009 4:43 PM
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Airbus will miss its delivery target for the new A380 superjumbo in 2009, capping a year of production setbacks and technical glitches for the company.
The China Iron and Steel Association has said global miners want a 20-30 per cent hike in 2010 iron ore prices, complicating the tough ongoing negotiations.
Aluminum giant to offer investors 1.6 billion shares. 31 Dec 2009 12:43 PM
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Bank to boost its “local” banking image, report says. 31 Dec 2009 12:53 PM
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