From Companies 6:14 am
There is too much milk supply available globally that Dairy Australia warned Aussie farmers to expect a 10 per cent to 15 per cent drop in milk prices in 2013.
From Politics & Policy 5:16 am
It looks the safety and development plan that is currently being modified by Chinese regulators and planners for its nuclear industry will have its stamp of approval by June.
From Companies 5:12 am
A Macquarie consortium purchased for $4.1 billion the gas grid of German energy firm E.ON. Open Grid Europe runs Germany's biggest gas transmission system and is about 12,000 kilometres long.
From Politics & Policy 4:19 am
Yesterday was another down day for the Australian share market, with widespread selling in all sectors apart from the utilities, the All Ordinaries Index (XAO) ended off 101 points to 4,214 points.
From Politics & Policy 3:38 am
Production of the precious safe haven yellow metal gold by Tanzania, Africa's fourth largest gold producer, jumped 13 per cent to 40.4 tonnes in 2011 from 35.6 tonnes in 2010, as companies increased production output prompted by the metal's rising price during the period in reviews.
From Forex 2:10 am
The Aussie found support just below 99.00 today after selling off over 500 pips over the previous 3-weeks.
From Politics & Policy 12:50 am
The Dow Jones Industrial Average fell for a fourth straight day as confusion over Greece's political future extended the recent stock slide. The blue-chip Dow lost 33.45 points, or 0.26%, to 12598.55, to finish at the day's lows.
From Commodities 8:56 pm
Silver has been called the most volatile of metals. But volatility produces opportunity, according to Chris Thompson, a top-ranked StarMine analyst with Haywood Securities. In this exclusive interview with The Gold Report, Thompson forecasts a strong year-end for the devil's metal, despite price weakness so far in Q2/12, and shares the names of a select group of companies that stand to profit.
From Commodities 8:56 pm
If the people and politicians of the U.S. can't muster the will to reform Social Security and Medicare, the country will slide on down toward what internationally renowned economist Lacy Hunt calls the "bang point." What we'd face on the other side would be bad news indeed.
From Commodities 8:08 pm
According to the DOE/EIA weekly report, total crude oil and petroleum products stocks jumped +2.87 mmb to 1073.97 mmb in the week ended May 11. Crude stockpile increased +2.12 mmb to 381.64 mmb as stockpiles all 5 PADDs. Cushing stock alone rose +1.00 mmb to 45.13 mmb. Utilization rate increased +1.9% to 88.3%.
Australia’s Richest Man Argues With Richest Woman on Use of Foreign Workers
Australian Beef Industry Forecasts 30 Million Head Herd in 2012
Japan’s Marubeni Close To Buying US Grain Giant Gavilon For $5.2B: ReportWe value your privacy. Your email address will not be shared.
