BUSINESS

Markets: The Surge Goes On

So where will markets head now after the post Christmas rebound continued last week, defying the gloomy forecasts from the World Bank and other gloomy prognosticators?
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Bad Reviews Push NZ's Meridian to Shelve $2B Wind Farm Project

New Zealand's State-owned Meridian Energy has shelved its plan to build a $2 billion wind farm in central Otago following a bad review.With up to 176 wind turbines, the $2- billion project on the Lammermoor Range would have been the biggest power project in the South Island since the 1980s, and it would have generated enough electricity for Christchurch and Dunedin combined and eventually the whole of the island, said reports.

Aussie Banks Earn Big but Threats of Global Crisis Stoke Fear

Four of the biggest Australian banks netted together closed to $24 billion in the financial year 2010-2011 and market analysts are forecasting that the growth will continue on this year, by as much as nine percent, according to reports. Nonetheless, why is fear still hounding the country's biggest banks?

2012: Better Than We Think?

In his first report for 2012, AMP Capital Investors' chief economist and strategist, Dr Shane Oliver peeks into his crystal ball.

Updates: Full Speed Ahead For BHP Billiton

Like its rivals, Rio Tinto and Fortescue, BHP Billiton is gung-ho about 2012, despite many commentators being just as gloomy about the outlook for iron ore, Chinese steel and coal.

Australia's Retail Sector: More Creative Selling Sells Big

Retailers' sentiments were confirmed by the latest sales indicator released on Friday by the Commonwealth Bank of Australia (CBA), which showed that the sector struggled to achieve sales targets last year. Nevertheless, although the numbers are disappointing, they revealed that with some creativity and technological savvy, more sales can be achieved.

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.

Global Markets Overview 01/20/2012

Financial stocks led major indexes higher early Thursday afternoon as investors digested stronger bank earnings as well as a rush of U.S. economic data and a pair of well-received European bond auctions.

Samsung Galaxy Tab 7.0 vs iPad

Apple is credited for introducing the tablet computers to the world, but Samsung gave the world a choice. By comparing the iPad with the Galaxy Tab 7.0, it is easy to narrow down the similarities and differences between the two remarkable devices.

Vow Financial Opens up Webinars to Industry

Aggregator Vow Financial has kicked off the year by launching a series of webinars that will be open to all brokers via their Facebook pages - not only its member brokers.

Baltic Baloney

By Greg PeelThe theory is simple. Customers placing orders to buy seaborne dry goods, such as iron ore, coal and grains, have to book an ocean-going bulk carrier well in advance.

Outlook Improving For Base Metals

By Greg PeelAs we all so frustrating know, 2011 was the year of the financial headline. Market fundamentals took very much a back seat as we bungled through months of Europe fixed, Europe not fixed, Europe fixed, oh God will Europe ever be fixed.

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