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Gina Rinehart Stuns Court as She Ends Family Feud, Steps Down as Head of Family Trust

Gina Rinehart, Australia's richest person, stunned the New South Wales Supreme Court on Tuesday when she ended the prolonged family feud with her two estranged adult children. Ms Rinehart told the court she would step down as head of the Hope Margaret Hancock Trust as sought by John Hancock and Bianca Hope Rinehart.

Australian Stock Market Report – Midday 10/1/13

The Australian share market is trading slightly firmer at lunchtime in the East, as US lawmakers scramble to make an 11th hour agreement on budget changes ahead of the October 1 deadline. If changes can't be agreed, there will be a shutdown of many (mainly non-essential) US government services. The looming deadline impacted offshore trade overnight, sending the Dow Jones Index down 0.8 per cent.

Longer Term Weakness For Uranium?

By Greg PeelThe short burst of enthusiasm witnessed on the spot uranium market two weeks ago ran out of legs last week once the handful of prospective buyers were filled on their orders and left, industry consultant TradeTech reports.

Australian Stock Market Report – Afternoon 9/30/13

Sellers moved in on the Australian share market today, dragging the index from fresh five year highs reached on Friday. It was the worst one day session the Australian share market has experienced since the 3rd July. However the Australian share market notched up its best quarterly gain since September 2009, rising 9.3 per cent in the three months to September.

Australian Stock Market Report – Midday 9/30/13

It's been a predictable start to the week for local stocks. Sellers have made an impression by taking the index lower as investors weigh the debt ceiling on one hand and the implications for the Fed's tapering calendar on the other. The US Congress has not yet passed a "continuing resolution" to fund the US government beyond Monday 30 September which is the end of the US fiscal year.

First There Was a Smartphone Then a Smartwatch, Now a Smartrifle

The list of devices with the word smart appended to it is fast expanding. Beginning with smartphone, soon smartglasses and smartwatch followed. A smartcar that could drive or park by itself, while a U.S. company had introduced the smartrifle.

Australian Corporate Bond Price Tables

PDF file attached.Corporate bonds offer an alternative to equity investment in providing a fixed "coupon", or interest payment, unlike equities which pay (or not) non-fixed dividend payments, and a maturity date, unlike equities which are open-ended.

Alibaba Decides to Move IPO to the US

China's largest e-commerce company Alibaba Group Holding Ltd. is planning to go public in the US after it failed to reach an agreement with the Hong Kong stock exchange in regard to a listing there.

No More BlackBerry Phones in T-Mobile Stores

In yet another confirmation of the impending darker days ahead for the once top Canadian tech firm BlackBerry, T-Mobile U.S. said over the weekend that it would no longer have BlackBerry smartphones in its stores nor air ads for its slow selling devices such as the Z10.

Australian Stock Market Report – Afternoon 9/27/13

The Australian share market defied the gloomsters today, to notch up a third consecutive session of gains taking stocks to a fresh five year high. It was also the seventh weekly win for the share market.

Australian Stock Market Report – Midday 9/27/13

Friday morning has seen the ASX200 maintain the constructive tone that has been a feature of recent days. The index appears to be accepting prices at higher levels on improving volume. At lunch time on Friday the market remains within sight of the best levels of the last fortnight. Equally significant is the fact that multi year highs are a part of the picture, with the index hitting new 5 year highs this morning. This last point is significant when considering the general back drop which is bei...

China Space Station Target Launch Date in 2023

China is inarguably working to achieve so many things right now. Aside from racing to have cleaner and improved air quality by 2017, it only has set its sights to launch its own space station by 2023.

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