BUSINESS

RBA Opens The Door

By Greg PeelFew economists expected the RBA to cut its cash rate today and consensus was correct. The general feeling was that there may now be scope for the central bank to ease policy further from a domestic, rather than just a macro (Europe) standpoint, but that such a decision would be unlikely ...
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Markets: Fab Quarter, But For How Long?

Yes, on the whole global financial markets have had a fabulous quarter with winners outweighing losers, but the question now for investors to consider is, can it go on?

Australian Stock Market Report – Midday 4/2/2012

The local share market has started the new trading week, month and quarter on a positive note thanks to strong gains offshore on Friday night and better than expected Chinese manufacturing data. The All Ordinaries Index (XAO) hit a high of 4460.7pts in early trade but has come off that slightly at lunchtime in the East and at 12.15pm AEST is firmer by 18.1pts or 0.4pct to 4438.1.

Your Editor On Twitter

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.

Australian Investors Cautiously Optimistic

Overall sentiment among investors in Australia has improved markedly since January. While short term caution still reigns, a majority is now anticipating 2012 will generate a positive return with equities likely to be higher on a six to twelve month horizon.

Sony Xperia Play Gets Android ICS Update

Sony recently announced that users of Sony Xperia Play can now update their device's OS to the latest Android version which is Android 4.0 or better known as Android ICS (Ice Cream Sandwich).

RIM CEO Rethinks Strategy as BlackBerry Maker Posts $125 Million Loss

When Thorsten Heins stepped in for departing co-founders Jim Balsillie and Mike Lazaridis as Research in Motion's new CEO, he faced the uphill task of rejuvenating a company that has been on a steady downward slide. Now with RIM posting a dismal performance last quarter Heins announced a strategic overhaul and the possibility of a future sale of the company.

Bunnings Hardware to Open 6,000 New Jobs in Australia

Hardware chain Bunnings Warehouse announced on Friday that it would create 6,000 jobs in Australia over the next three years as part of its $1.5-billion expansion plan. That would involve the setting up of 85 new stores across the country which would also create more than 11,500 construction jobs.

Has The ECB Hit A Limit?

By Aaron Tornell and Frank Westermann"Should the inflation outlook worsen, we would immediately take preventive steps".

Peter Switzer: Do Recent Warnings Signal A Time To Buy?

By Peter Switzer, Switzer Super ReportAt a time when luminaries, such as the Future Fund's ex-chairman David Murray and ex-Treasury boss Ken Henry, have warned Aussie investors and super funds about holding too many shares, the question is, is this a good sign that we should be buying?To buy or...

Updates: Leighton Again Disappoints, For How Long

Leighton Holdings has confirmed what more and more investors have been suspecting, that it is a wealth destroyer, not a creator and that if they are really brutal, its time as a listed company in Australia is now looking limited.

Australian Stock Market Report - Afternoon 3/29/2012

After reaching a 2012 high yesterday, the local share market pulled back a little today, following falls in offshore markets and due to a lack of guidance in the form of economic data. The All Ordinaries Index (XAO) closed down 9.5pts or 0.2pct to 4422 while the S&P/ASX 200 Index (XJO) lost 5.6pts or 0.1pct to 4337.9.

China Scores Aussie Govt for Blocking Huawei’s NBN Bid

China assailed Australia's decision this week of banning a major Chinese firm from participating into the $36-billion roll out of the national broadband network (NBN), labelling the move as discriminatory and unfair trade practices.

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