A day after G20 leaders wrapped up negotiations in Paris and came out with a five-point plan that could resolve their economic problems; Germany’s top officials announced that the Oct. 23 summit in Brussels may not produce positive results that most EU nations are expecting.
Australia's central bank has hinted that benchmark cash rates in the country may go down after months of being held at 4.75 percent.
- Fortescue quarterly production report well received- Management confident in maintaining annual production rate of 55Mtpa- Brokers continue to see value at current levels- Buy ratings retainedBy Chris ShawThe September quarter production report from Fortescue Metals ((FMG)) has been well received ...
By Greg Peel"Conditions in global financial markets had continued to be very unsettled, with uncertainty increasing about both the prospects for resolution of the sovereign debt and banking problems in Europe and the outlook for global economic growth.
Google Inc. has announced it will close down social networking site Google Buzz in the next few weeks to concentrate on building up its successor Google+.
Adapting to new technologies such as having an online presence was the way how small businesses in Australia coped with the hard times.
Analysts and mines experts had predicted prices of iron ore, Australia's most lucrative export commodity, could fall as low as $140 per tonne in the coming months.
- ANZ suggests commodities are oversold- Barclays revises its sector order of preference- Issues in oil and steel markets- Price stability needed for palladium's fundamentals to dominateBy Chris ShawHaving reviewed September quarter performance and market conditions ANZ Banking Group's Oct...
Retail establishments in Australia are passing on to shoppers the cost of goods stolen worth about $2 billion yearly. A study on retail crime places the amount at an average of $284 a year hidden as "honesty taxes," the Herald Sun reports.
Smartphone dealers in Hong Kong bought iPhone 4S from Australia and Japan and sold them to locals for up to six times the original price.
Mortgage Choice, one of Australia's largest independently owned mortgage brokers, on Monday revealed approaches to property investment that help borrowers maximise their cash flow and build wealth.
By Greg PeelThis weekly report noted last week the US Energy Commission had for sale an inventory of UF6 which it is offering below current spot pricing.
The high cost of living is putting more low-income Aussies at risk of falling into poverty, a report says. Poorer households are compelled to spend more of their income on essential goods and services due to price hikes on these non-discretionary items, such as food and electricity, a report by St Vincent de Paul Society says. As a result, households' health and education expenses are delayed, if attended at all.
The Russian housing market hasn't recovered - despite appearances. Resale apartment prices rose 3.79% during the year to end-Q2 2011, according to the Federal State Statistics Service, but the kicker was inflation - resale apartment prices actually fell 5.25% when the price figures are adjusted for inflation.
By Greg PeelThe Dow fell 246 points or 2.1% while the S&P dropped 1.9% to 1200 and the Nasdaq lost 2.0%.
Although jailbreaking your iPhone or iPad carries the risk of bricking your device and voiding your Apple warranty there are some benefits to jailbreaking your iPhone 4s or iPad 2. Here are the five reasons why you should jailbreak your iPhone or iPad.
A new study has suggested Australia is a three-spend economy, which it says is as significant as the two-speed economy that the nation has heard so much about.
New research confirms a mixed outlook for Australia’s retail sector, but the good news is almost half of consumers say they are maintaining or increasing their spending, and young consumers remain up-beat.
If you're one of the lucky ones who were able to snag a new iPhone 4S or upgraded your existing Apple device to iOS 5, then you're probably wondering how fast you can fill up all those gigabytes of memory with apps. The Apple App Store has half a million apps available, so narrowing it down to what you really need can be a forbidding task.
Virgin Australia has begun services between Brisbane and Gladstone for the first time in Monday with new ATR turbo‐prop aircraft.
More than half of Australian mid-market companies are not properly prepared for persistent fluctuations in business conditions, according to the inaugural Commonwealth Bank Future Business Index.
Qantas long-haul pilots on Monday morning called for Qantas management to urgently reconsider their withdrawal from negotiations before Fair Work Australia.
Australia's housing market continues to weaken in the first half of 2011, following the Reserve Bank of Australia (RBA)'s action in hiking the key interest rate to 4.75% in November 2010, up from 3% in September 2009. RBA has kept the key rate unchanged since then.
The local share market has started the trading week on a strong note, with investor sentiment boosted by a raft of positive offshore news. Over the weekend, European leaders again pledged to take all necessary action to stave of the debt crisis, and work together ahead of the G20 summit in Cannes next month. Meanwhile US stocks posted their best weekly gains since March 2009 last week, boosted by strong retail sales and impressive earnings results from a number of companies, particularly Google....
Queensland Mining Corporation announced it recently discovered a new high grade copper discovery on Horseshoe ML and Duck Creek EPM. It was the first recorded discovery of high grade sulphides in the area, at its Duck Creek Project, south of Cloncurry.
India's housing markets surged in Q2 2011. There were amazingly strong house price increases, despite an economic slowdown which saw gross domestic product grow by 'only' 7.7% during the year to Q2 2011, the weakest growth for six quarters, due to high interest rates and the poor performance of mining and quarrying (1.8% annual growth), construction (1.2%) and the manufacturing sectors (7.2%).
Bob Parsons, the CEO of internet domain name registrar GoDaddy, which sponsored the IndyCar Challenge that cost Dan Wheldon his life, had spoken in relation to the tragedy. Wheldon, 33, died following a horrifying accident on Sunday at Las Vegas Motor Speedway. The accident occurred during the lap 11 of the race, when his car flew mid-air and burst into flames after a 15-car pileup. He was immediately airlifted to a local hospital but was unable to survive due to "serious injuries." Three ...
The weekend conclusion of talks among Group of 20 finance chiefs, where it approved parts of a plan to contain the eurozone's debt crisis and prevent a possible Greek default, has led commodities futures, particularly copper and oil, to rise on Monday.
Apple hit Samsung with a one-two punch this weekend as U.S and Dutch courts ruled against Samsung in its continuing legal battle with the iPhone manufacturer.
The key in property investment is to know where in the cycle you are buying so you can judge whether you're getting a good price and whether prices have further to fall.
