BUSINESS

Indonesia Considers Opening a Cattle Farm in Australia

To meet Indonesia's target to become self sufficient in its beef meat requirement by 2014, Jakarta said it is considering running a cattle breeding farm in Australia. The Indonesian government pointed to lower production cost as the reason behind the plan.
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It’s Goodbye Lonely Planet for BBC

BBC Worldwide announced on Tuesday the sale of Lonely Planet, its travel guide business, for $75 million. The American company, NC2 Media, is the buyer.

The Overnight Report: Rethink

By Greg PeelThe Dow closed up 3 points, while the S&P lost 0.2% to 1548 and the Nasdaq dropped 0.3%.The Cypriote parliament last night voted to reject the eurozone proposal for a bail-out involving a levy on deposits, large and small.

Australian Stock Market Report – Afternoon 3-19-13

Local shares were up by as much as 0.84 per cent after a few hours of trade, however steadily declined from midday onwards. The All Ordinaries Index (XAO) slipped by 0.46 per cent and has slumped by 2.5 per cent in just two sessions due to concerns relating to the Eurozone's third smallest economy, Cyprus.

Uranium Market Tighter Than Most Think

By Andrew NelsonUranium prices have been fighting an uphill battle ever since the Fukushima disaster shut down all but two of Japan's fifty nuclear reactors.

Cyprus: The Next Blunder

By Prof. Charles WyploszThe Cyprus bailout package contains a tax on bank deposits. This column argues that the tax is a deeply dangerous policy that creates a new situation, more perilous than ever.

Queensland Debates Over Uranium Mining

Despite the 1989 ban on uranium by the then Queensland government, the current state administration is not ruling out the possibility that they may give uranium mining the green light.

Australian Stock Market Report – Midday 3-18-13

The Australian sharemarket has wiped out most of last Friday's impressive gains, with the All Ordinaries Index (XAO) down 1.3 per cent or 66.2 pts to 5063.1. Cyprus, the Eurozone's third smallest economy has received a €10 billion assistance package, backed by the International Monetary Fund (IMF). A one-off tax of as much as 10 per cent on Cypriot deposit accounts has created some concerns of bank runs.

The Oil Search Buy Argument

By Andrew NelsonThe FNArena Database shows six Buy calls and two Hold calls and nearly 14% upside to the consensus price target for oil & gas explorer/developer Oil Search ((OSH)).

Enchanting Hong Kong Business Story Continues

Existing rankings of the best and easiest places to do business are created, namely, for those who seek the opportunity of expanding their businesses but they are not sure where exactly to do it and which place gives countless opportunities to earn money, just to say it in the simplest way.

Philips Rolls Out Clear Slate Glass TV Design Ahead of Samsung

Philips has beaten South Korean tech giant Samsung in rolling out the world's first transparent TV for commercial sale. TP Vision, which is a joint venture between Philips and TP Technology, unboxed on Thursday the PDL8908 DesignLine television sets which feature a unibody glass chassis from the top to the floor.

Australian Stocks: What Happened Today?

The analyst principally responsible for the production of this research report is: Howard Humphreys, Director & Lead Research Analyst, Seismic ResearchAsian stocks plummet on Cyprus deposit levyThe euro fell to its lowest level this year against the dollar, while Japanese and U.

Australian Stock Market Report – Afternoon 3-15-13

The Australian sharemarket rose by 1.7 per cent today, largely making up for three consecutive days of weakness. Even when taking into account today's gains, the All Ordinaries index has slipped by 0.16 per cent over the past five sessions. Since the start of January 2013, the local market has jumped by 9.96 per cent, making it the best start to a new year in 21 years. Today was the biggest daily improvement for the All Ords since mid-July 2012.

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