How times have changed. The front page of the Australian Financial Review says the 'RBA 'risks' house price bubble' now that it has pushed rates to a record low. They've got it wrong of course, on two counts.
The priciest house in Australia has a $60 million price tag.
By Greg PeelLast week an institutional buyer entered the spot uranium market looking for offers on one million pounds of U3O8, setting off a scrambling run on prices from their dreary depths.
By Peter Switzer, Switzer Super ReportThere is no better time of the year than September to ask the question ? is the market going up or down.
Just a few weeks ago, BlackBerry Chief Executive Thorsten Heins forecast the death of the popular tablet as he pushed for the newly launched smartphone models Q10 and Z10.
Kim Jong Eun was reportedly launching North Korea’s own version of a smartphone designed after Apple's iPhone and Google's Android OS.
Greece earned a surplus instead of a deficit, which is a good news for the European Union.
Official data to be released on Wednesday will confirm that the eurozone will soon exit the longest recession that dragged its economy for about 18 months or six quarters. The Telegraph said a 0.2 per cent gross domestic product growth rate is expected to be reported.
Despite being launched just a few weeks back, Apple's new 13-inch MacBook Air has been noticed by tech experts and the device was named by Web site StatesChronicle.com as the Best Laptop Overall for 2013.
By Greg PeelThe Dow closed down 5 points while the S&P lost 0.1% to 1689 and the Nasdaq gained 0.3%.Japan posted June quarter GDP growth of 2.
After some toing and froing in the first hour of trade this morning, buyers were able to assert themselves thereafter. The key to the improved performance for the overall market was the improvement seen in the resource sector. Commodity prices, and metal prices specifically, ended last week on a strong note in response to a number of encouraging economic reports from China on Friday.
The 'Dog Days' continue. Not much action on Wall Street. Everything is on hold. The future will have to wait.
The only funnier paragraph we've read recently was the preceding one: 'Australia will post a budget deficit of $30.1 billion for the fiscal year, a gross miscalculation from its May estimate of $18 billion, but the government promises to stay on track.'
The Australian sharemarket is improving, with the All Ordinaries Index (XAO) up 0.6 per cent. In the first hour of trade, the local market was slipping for the fifth time in six sessions.
Workers of the damaged Fukushima nuclear plant in Japan have alleged its operator Tokyo Electric Power Company (TEPCO) have been lying about the true state of meltdown crisis in the facility.
The world's second-largest miner, Rio Tinto (ASX: RIO) will push through with its $5 billion plan to expand the Pilbara iron ore mine despite the lower price of iron ore in the international market. The mining giant has planned the expansion in 2011.
With election campaigning in full swing here in Australia and financial markets going nowhere, let's look elsewhere for some relief. We'll take a world tour..
Yesterday we promised to try and figure out the Australian dollar's behaviour using the Grattan Institute's new report on the mining boom. Analyst Jim Minifie's work isn't a bad read because it has lots of pictures. His key points are that Australia can transition quite well into and out of a mining boom, but we've failed to make the most of our latest one.
In the good times generosity abounds. Everyone gets to share in the spoils. Investors, fund managers and financial planners all make money. It is only when the good times stop investors sharpen their focus on the genuine value derived from fees.
A civil lawsuit was filed against Bank of America for misleading investors in an $850 million mortgage-bond deal known as BOAMS 2008-A offered in 2008.
The Palmerstone North Girls' High returned on Friday leftover contaminated whey protein that students used in a science class experiment in April 2013. At least 25 female students drank the milkshake which had whey as additive; fortunately, not one of them got sick of botulism.
The uptrend remains under pressure closing on the pivot for this week. Stock reports show BHP, RIO and TLS in breakout up trends and the banks, WOW, WPL and WES in downtrends.
It's been a big week for market events. There's been something for everyone. Central Banks have loomed large as market drivers, economic news has been plentiful and the company reporting season locally has kept the analysts community sleep deprived. Despite this bounty, that old chestnut; the Fed and its expansive Q.E discussion, has come out trumps as the main influence on market sentiment this week. Suggestions that the US central bank could set sail on the tapering voyage as early as ne...
Tech Web site CNET released on Friday a mock-up image of the upcoming Samsung watch to be called the Samsung Galaxy Gear. The timepiece will have the ability to talk to an Android phone.
The Australian sharemarket is in the red for the fourth time this week, with the All Ordinaries Index down 0.3 per cent or 15.8 pts to 5,031.3. Over the past five days, the market has given back all of last week's 1.5 per cent improvement. At its best, local shares were up 0.2 per cent in early trade.
Pope Francis has issued a new decree effectively expanding the supervisory role of the Financial Information Authority (FIA) over the Institute for Works of Religion (IOR), otherwise known as the Vatican Bank, in a serious attempt to thwart and eliminate any money-laundering schemes and activities within its halls.
YouTube founders Chad Hurley and Steve Chen launched a new app for iOS dubbed as MixBit.
All around the world, the smoldering heat wave continues to break and set records from end to end of the globe.
New Zealand dairy giant Fonterra continues to feel the impact of the botulism scare on its global consumers when milk prices dropped during the auction organised by its Co-operative Group on Tuesday. The Fonterra GDT Price Index dipped 2.4 per cent as average selling price stood at $4,847 per tonne even if no product that uses the contaminated whey were included in the bids.
By Rudi Filapek-Vandyck, Editor FNArenaI joined Twitter. Not because I am curious what this celebrity has to say about her kids, or to read that another one is waiting for a connecting flight, impatiently.
