By end of this decade or year 2020, Australia would have become the world's top gas exporter, according to the International Gas Union (IGU). Moreover, the body assured the country that the U.S. shale gas exports will likely affect liquefied natural gas (LNG) exports to Asia.
Philip Morris announced it will stop its production in Melbourne by the end of 2014
The Australian sharemarket is modestly higher at lunch, with the All Ordinaries Index (XAO) rising by 13 pts or 0.3 per cent. A late surge from the miners yesterday; particularly BHP Billiton (BHP) helped minimise the influence of sluggish Chinese economic data. The S&P500 Index cracked through yet another record higher overnight.
Apple Inc. leads the list of US companies with 1.64 trillion in stockpile; will the company reach its Q2 forecast?
Head of Samsung Electronics Co.’s discloses 2013 paycheck of $5.8 million
There is a feeling from the data over the last 24 hours that bad news is being taken as good news once again.
n US economic data, the ISM manufacturing index rose from 53.2 to 53.7 in March. Construction spending rose by 0.1% in February. Chain store sales rose 2.3% in the latest week compared with a year ago, down from a 3.1% gain in the prior week. And the Dallas Federal Reserve services index rose from +9.8 points to +16.5 points in March.
Following the report that mysterious disappearance of Malaysian Airlines Flight 370 has made a billionaire the sole owner of a major semiconductor patent has resulted in all eyes being focused on Illuminati member Jacob Rothschild.
Mining giant BHP Billiton (ASX: BHP) is reportedly planning to set up a separate company for its aluminium, bauxite and nickel assets for the firm to focus on its core businesses.
Apple Inc. announces on Monday adjustment for App Store prices following fluctuating currencies
Buyers made a push in the second half of the trading day which saw the ASX 200 pull up short of closing in positive territory. The index however was able to finish at the best levels of afternoon trade. The main buying initiative pushing the index higher in the afternoon was found in the resource sector. The bulk miners, which were painting an unconvincing picture in early trade, moved ahead with more conviction in the afternoon.
Noting changes in currency exchange rates, Apple on Monday disclosed App Store prices in Australia and four other countries stand to rise.
Google is out and about with its April Fool’s Day pranks
Be armed for today’s ‘national public holiday’ by knowing these ‘sheepish’ April Fool’s Day pranks
The number of measles virus infections in Canada has risen and had infected not only children but also a number of adults, prompting health officials to call for a national vaccine registry.
Japan has reopened the Miyakoji area of Tamura and has called on its former 357 residents to come back to the place which three years ago underwent evacuation because of the Fukushima nuclear power plant meltdown.
Solid gains on Wall Street overnight have been ignored by local investors on the first day of a new month and quarter. The gains in the US were driven by dovish comments made by Fed Chair Janet Yellen. Ms Yellen gave a speech on Monday defending the Fed´s policy of low interest rates and bond-buying, saying that the ´´extraordinary´´ commitment to stimulus will be needed for some time in the face of the ´´considerable´´ slack in the economy and labour market. Ms Yellen suggested that this ´´vie...
The latest report from the International Monetary Fund hinted a call for increased subsidy for Au’s Big Four banks
There are over 20 different countries releasing manufacturing PMI data today. The most notable will be: (in timeline order) Japan, China, France, Germany and the US.
In US economic data, the Chicago Purchasing Management Index fell from 59.8 to 55.9 in March - a seven month low. Federal Reserve Chair Yellen gave a speech on Monday strongly defending the Fed´s policy of low interest rates and bond-buying. Yellen said the ´´extraordinary´´ commitment to stimulus will be needed for some time, saying there is ´´considerable´´ slack in the economy and labour market. Yellen suggested that the ´´view is widely shared by my fellow policy-makers at the Fed´´.
Embattled national flag carrier Qantas is courting small and medium enterprises (SMEs) to help the company recover financially by launching on Monday the Acquire corporate loyalty programme.
The news that famous billionaire Jacob Rothschild is now the sole owner of a major semiconductor patent after four of the Chinese co-owners are presumed dead since they were aboard the ill-fated Malaysian Airlines Flight 370 is still hot, but another Rothschild is getting his share of the spotlight.
The Australian share market had a strong finish to the first quarter of the calendar year, thanks to a positive offshore lead on Friday and speculation Chinese policymakers could move to prop up their slowing economy by providing stimulus, which gave a boost to the Asian region.
Tokyo Electric Power Co's dumping of groundwater from the Fukushima Dai-Ichi nuclear power plant, already approved by local fishermen on Tuesday, will begin in May, Japan's industry minister said on Sunday.
The Australian sharemarket is recording its best daily gain in a little over a week, helped by gains in global markets on Friday. The All Ordinaries Index (XAO) is up 0.7 per cent, with all sectors in the black. The start of a new month is always a busy time for markets and economists, with a barrage of economic readings expected to be released over the next five days.
Based on the close of the futures from Saturday, the market is currently pointing higher by around six to eight points, which would mean the ASX could register a 0.4% gain for the quarter.
In US economic data, personal income and spending both rose by 0.3% in February, in line with forecasts. And consumer sentiment rose from a preliminary reading of 79.9 to 80.0 in March, just short of forecasts tipping a result near 80.5.
As of February 2014, 2.77 million tourists have visited New Zealand in the past 12 months, logging a 7.3 per cent growth, according to Tourism New Zealand.
The industry has a lot to thank the movie series Lord of the Rings, which was mainly shot in the country because a substantial number of the visitors came to see the movie set which features the hobbit houses where Middle Earth is supposed to be located.
If women have push-up bras push-up bras to create an illusion of a large bosom out of a molehill, men now have similar options to appear like Christian Grey of 50 Shades of Grey or Jonas Falcon of Its Too Big MTV fame. The secret is in the padding. Anne Summers, the creator of push-up bras and other naughty products, came up with the Triple Boost briefs to liberate some males from putting socks or other male package enhancers on their penis or crotch to appear large when wearing tight pants, sho...
Qantas is cutting more corners, and this time those who would be hit by the embattled air carrier's axe are its passengers who belong to the Frequent Flyers Club.