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Sydney Airport gets air traffic boosts
Passengers are flying again and Sydney Airport has reported double-digit upswing in both domestic and international travellers last February. According to owner MAp Group, the airport has posted a 12.3 percent growth in domestic passengers while international flyers are up to 11.8 ...
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Executive sentenced 22 months in prison over market manipulation
Former Genetic Technologies Limited (Genetic) chief operating officer, Geoffrey Edgar Newing, was handed a custodial sentence in the County Court of Victoria following an investigation by the ASIC into the trading of the company's shares, listed on the ASX under the stock code ...
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ASIC bans Victoria exec to trade for ten years
Market regulator Australian Securities and Investments Commission (ASIC) on Friday banned Charles Phillip Grummisch, 58, of Warrandyte, Victoria, from trading and engaging financial service for ten years for violating financial services ...
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Bankers, lawyers fill job markets as recovery is underway
As the economy is crawling its way back to recovery phase, bankers, accountants and lawyers are the lead packs and are making headways for either regaining or retaining job slots available in the market. In contrast, shop clerks and transport workers, who either quit or fired, are not being ...
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Google to seal business with China
Chinese media reported on Friday that US net giant Google will close its business in China on April 2010 and may broadcast its plans next ...
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ASIC initiates settlement for Storm crisis
Opting for the best resolution, the Australian Securities and Investments Commission is conducting private discussions with parties involved in the financial meltdown of Storm Financial. ...
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IG Markets Morning Prices & thoughts
On Wall St overnight, stocks were flat to slightly higher as economic data showed the US economy is expanding without pickup in inflation, which is positive for the outlook for interest ...
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Australian Dollar Outlook Mar 19
The Australian Dollar has opened little changed this morning, trading within recent ranges overnight with no major economic data to drive the ...
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Kathmandu Shows How To Make An Entrance
Kathmandu has delivered a better than expected initial interim profit result and with its store rollout program ahead of schedule brokers have lifted forecasts for coming ...
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Academy launch signals Club's growth plans
Looking to double its broker network before the end of the year, Club Financial Services has announced the launch a new recruitment and training initiative - the Club ...
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Ray White sales up 20%
In a result indicative of the market absorbing recent interest rate rises, Australasian property and real estate group Ray White has jumped its residential and commercial sales by 20% for February ...
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US Federal Reserve removes housing support
The Federal Reserve has cancelled its program of buying mortgage-backed securities in another sign that conditions in the US are stabilising enough that this pillar of support is no longer ...
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 IPad expected to beat iPhone's first 3-month sales?
The iPad's pre-orders have been strong enough that they could outrun even the original iPhone's first 3-month sales as "hundreds of thousands" of units are said to have been pre-ordered, according to sources quoted by the Wall Street ...
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 Google patches Chrome ahead of hacking contest
Google has patched as many as 11 vulnerabilities in the Windows version of its Chrome browser, including one that earned its finder the first US$1,337 check from the company's new bug bounty ...
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 Hollywood, Bollywood join hands against piracy
Hollywood and Bollywood will join forces to combat piracy, with the announcement of a coalition among the Motion Picture Association of America and seven Indian companies to tackle counterfeiting in one of the world's largest film ...
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Google to seal business with China
Chinese media reported on Friday that US net giant Google will close its business in China on April 2010 and may broadcast its plans next ...
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 Madoff pleads guilty and goes to jail in handcuffs
Saying he was "deeply sorry and ashamed," Bernard Madoff pleaded guilty Thursday to pulling off perhaps the biggest swindle in Wall Street history and was immediately led off to jail in handcuffs to the delight of his seething ...
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World Bank says global economy will shrink in 2009
The World Bank said Sunday that the global economy will shrink this year for the first time since World War II and that the global financial crisis will make it tougher for poor and developing nations to access needed ...
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 Major stock market indexes fall to 1997 levels
Wall Street has turned the clock back to 1997. Investors unable to extinguish their worries about a recession that has no end in sight dumped stocks again Monday. The Dow Jones industrial average tumbled 251 points to its lowest close since Oct. 28, 1997, while the Standard & Poor's 500 ...
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