The latest business, finance, and market news from the last 24 hours from all major Indian news sources aggregated in one place. Oil prices shot up by 4 percent to their highest level since 2015 early on Monday after OPEC and other producers over the weekend reached their first deal since 2001 to jointly reduce output in order to rein in oversupply and prop up the market. The ups and downs of the stock market is keeping all of us stock traders on our toes. The company notes that it’s on track to open more than 5K stores in China by 2021 and expects that China will eventually be a bigger market than the U.S.
Due to the CMCA event being held at EPIC, access for market shoppers is via Wells Station Road or Morisset St. The resources sector has led the local market higher, as traders eye stronger cashflows in 2017. For information about RNS reach and News Announcements, the news sources available within the Market news section. Use our free currency converter, exchange rate charts, economic calendar, in-depth currency news and updates and benefit from competitive exchange rates and outstanding customer service. Stay up to date with Market news, rotary updates, Market events and stallholder information.
Reversed direction, gaining ground last week as commodity and crude oil prices supported the rate with very little significant economic data out of Australia. Instead of searching for the information you need, AgWeb’s USDA Update delivers it straight to your inbox. Contains data, news and research on shares and funds, unique commentary and independent Morningstar research on a broad range of investment products, and portfolio and asset allocation tools to help make better investing decisions. On an unadjusted basis, the Index increased 39 percent compared with the previous week. The Aussie dollar fell on news the economy contracted by a larger than expected 0.5pc in the September quarter. Job openings and hires were little changed in October, as the labor market remained strong.
Mortgage applications decreased 0.7 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending December 2, 2016. China’s bond market will see more defaults next year even as the government steps up support for state firms struggling with high debt obligations, domestic rating firm China Chengxin Credit Management Co Chairman Mao Zhenhua said. SINGAPORE (MNI) – China’s foreign exchange reserves fell in November on the back of central bank market operations, along with revaluations, the State Administration of Foreign Exchange said. The Market is on every Saturday from 7:30am to 11:30am at Exhibition Park in Canberra.
India has said it will contribute USD 500,000 to the United Nations’s emergency response fund for the year 2016-17 as it stressed that the international response is falling significantly short of the challenges posed by humanitarian crises across the world.