BUSINESS

3 Major Japanese Banks Eye Australia Home Loan Market

Three large Japanese banks are reportedly eyeing a share of the Australian home loan market by offering lower interest rates while Aussie lenders refuse to pass to borrowers made by the Reserve Bank of Australia (RBA).

WA is Australia’s Strongest State

An analysis by CommSec of Australia's states and territories' performance for the fourth quarter of 2011 showed that Western Australia is the strongest state in terms of economic performance.
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Samsung Is Not Interested in RIM, BlackBerry

Samsung has denied rumors about a potential buyout of Blackberry maker, Research in Motion after a technology blog reported the South Korean firm was interested in buying RIM.

Aluminium Smelting Succumbs To Costs

By Greg PeelAluminium is the costliest of the standard base metals to produce, with final smelting requiring significant inputs of water and power.

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?

Global Markets Overview 01/23/2012

Strong earnings from International Business Machines (IBM) powered blue-chip stocks higher for the fourth-straight session, even as discouraging quarterly reports from other bellwethers kept the broader market flat.

Two Major Biotech Trends In 2012

By Marc Lichtenfeld, Investment U Senior AnalystWednesday, January 18, 2012: Issue #1689The workers at the restaurants and bars around Union Square in San Francisco have likely just about caught their breath.

Australian Stock Market - Afternoon - 20 January 2012

Australian shares ended Friday on a strong note for their third successive week higher. Easing concerns about Europe's debt and more upbeat earnings from Wall Street boosted local optimism. At the close on Friday, the benchmark S&P/ASX200 index was up 24.8 points, or 0.6 per cent, at 4,239.6, while the broader All Ordinaries index was up 24.4 points, or 0.6 per cent, at 4,303.

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.

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