Australia posted a seasonally adjusted merchandise trade deficit of A$1.359 billion in July, the Australian Bureau of Statistics said on Thursday. That topped forecasts for a shortfall of A$1.750 billion following the upwardly revised A$1.564 billion deficit in June (originally A$-1.683 billion). Exports were up 1.0 percent on month or A$280 million to A$27.022 billion. Non-monetary gold surged A$150 million ...
Total new capital expenditure in Australia was down a seasonally adjusted 4.2 percent on quarter in the first quarter of 2014, the Australian Bureau of Statistics said on Thursday - coming in at A$37.076 billion. More...
Aussie Dollar at Risk as US Data, FOMC Minutes Hurt Risk Trends Fundamental Forecast for Australian Dollar: Bearish Lull in Australian Economic News-Flow Puts Spotlight on External Catalysts Upbeat US Data, Hawkish FOMC Minutes to Hurt Aussie Amid Risk Aversion Another quiet week on the Australian economic data front keeps the spotlight on external factors, with the evolving outlook for Federal Reserve ...
The Worlds Largest Ocean Treasure Double the size of Texas and triple the size of Germany, New Caledonia’s recently established Le Parc Naturel de la Mer De Corail (The Natural Park of the Coral Sea), has been named the world’s largest marine park. Established just two weeks ago, it is the largest existing protected area -- both on land and sea -- at a staggering 1,300,000sqkm. Besides its massive size, the oceanic sanctuary ...
Alibaba IPO: Things You Should Know Alibaba Group Holding Ltd. is a Chinese holding company that recently announced its plans to offer an IPO. This could be the world's largest initial public offering, as analysts estimate that Alibaba could be valued at $150 billion to $250 billion. The lower end of the range would show that the company is as valuable as Facebook while the higher end of the range has a valuation close to that of Walmart. The company is currently the ...
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