BUSINESS

Budget airline Jetstar has launched a $7 fare sale to promote interest to its latest flight destination from Wellington to Queenstown in New Zealand.

It's all systems go as Chevron Corp. formally approved today the $29 billion Wheatstone liquefied natural gas (LNG) project in Western Australia's Pilbara region.

A reported memo from Jerry Yang, co-founder and former CEO, confirms that the board is looking at various offers to buy the company while assuring employees that Yahoo will survive.

Rio Tinto reportedly plans to restructure its Australian operations and foremost to the new strategy is the divestiture of the global miner’s aluminum assets.

It seems the "safe haven" of gold is losing its shine as investors flock to the renewed strength of the U.S. dollar amid the dreary global economic outlook, causing the precious metal along with silver to plummet on the trading floor.

Samsung plans to launch its 10.1 Galaxy Tab in Australia on Friday, an Apple lawyer told Australian Federal Court Judge Annabelle Bennett.

A financial services consultant has claimed banks will increasingly try to shut out brokers as the mortgage market becomes more competitive.

Commercial banks have rejected calls for creditors to allow Greece to trade its existing bonds for those with extended repayment limits.

Queensland's banana industry is recovering after the Australian state was flooded in summer. Queensland Premier Anna Bligh forecast lower banana prices in the coming weeks from the peak of $15 a kilogramme due to expected bumper harvest from North Queensland.

The Mongolian government is seeking to increase its stake allocation in the Oyu Tolgoi copper-gold project from 34% to 50%, leaving its developers rethinking if it was a good deal at all to have initiated the project.

- Kathmandu result solid given tough conditions- Earnings growth to be driven by new stores, refurbishments- Stock seen as offering value at current levels- Buy ratings continue to dominateBy Chris ShawRetail conditions have been tough for some time, so the fact Kathmandu Holdings ((KMD)) delivered ...

- Disconnect between equity and physical commodity markets- Some evidence bulk commodity markets are close to cracking- An assessment of potential Oz economic downside- MD departure signals issues at NexusBy Chris ShawRecent equity market moves imply both spot commodity prices and future expectation...

Led by gold and copper, commodity prices fell to nine month lows last week, thanks to the sell-off on Thursday and Friday across the globe.

Payment networks Visa and MasterCard will impose the highest fees for even the smallest debit transaction for cards issued by JP Morgan Chase and Citigroup as allowed by a U.S. law that put caps on such fees.

Kathleen Brooks, Research Director UK EMEA, FOREX.comWhat a week. The race to the bottom between the majors is well and truly on and right now Europe is winning a race that a no one wants to win.

Finance ministers and central bank officials from G20 countries said that they would take all actions to address problems in the global financial system: ´´We commit to take all necessary actions to preserve the stability of banking systems and financial markets as required.´´

While the iPhone 5 will be the center of everyone's attention, note that according to Antoine Saint Exupery, what's essential is invisible to the eye. Aside from betting that the iPhone 5 won't have radical changes, you should think outside the box when comprehending what happens on Oct. 4 and thereafter.

UK online brand ASOS had launched its first site ASOS exclusively for the electronic shopping savvy Australians beginning on Sept. 15.

South Korea President Lee Myung-bak announced on Friday of the government's plan to invest $90 million reviving its stem cell research next year aiming for a "core new growth engine" after the industry suffered a setback for more than a year.

As Japan struggles with its soaring yen, a series of catastrophes and a plummeting domestic business market, thousands of Japanese citizens are spending a fortune to enhance their English communications skills, which they believe is the key factor in retaining or earning a job opportunity, Reuters reported.

Brisbane’s commercial market is rebounding quickly as demand for office space continues to be led by increased business activity from the resources sector.

New research from mortgage provider RAMS Home Loans show first home buyers in Australia aren't overly concerned about foreign investor competition in the property market. Despite talk of overseas investment into the Australian property market, local buyers say they are not worried.

Good or bad news, it could still be good news. While most are on the edge awaiting for final developments as to how low the Aussie dollar can go, some are just most happy they have taken advantage of its worth months ago.

The iPad will continue to dominate its rivals until 2014 according to a new report from the research firm Gartner.Apple's iPad will account for 73.4% of tablet sales worldwide and will hold that market dominance for years to come, said Gartner. Bad news for other tablet makers, the analysts also say that no other platform besides Android will have more than a 5% share of the tablet market during this time.

The euro made a comeback after five consecutive days of shortfalls against the U.S. dollar and Japanese yen and reduced its decline to just above 2 percent since Sept. 16 on Thursday.

George Soros said, "If the crisis is controlled, the German voting public will force austerity on the rest of Europe, pushing the entire region into recession and ultimately into a depression."

Unlike its American counterpart, the Australian economy has been characterised by fiscal policies that fostered resiliency and stability, which according to Standards and Poor’s, led to an overall healthy financial environment in the country, notwithstanding the presence of global pressures.

Deposits flowed out of China's four major state-owned banks as high inflation and low interest rates prompted savers to cash their money in the private lending market for better returns.

China is headed for a slowdown and may not be able to pull the world out of its economic rut, projections from the International Monetary Fund and a drop in HSBC's purchasing managers' index indicate.