BUSINESS

Sony will Launch PlayStation Vita in December

Sony announced that it will launch its next generation handheld device, the PlayStation Vita on December 17 in Japan but insisted that it will not reduce the price of the device despite its rival Nintendo slashing the price of its console.

Italy, China Deny Bond Purchase Talks

Italian officials have confirmed meetings between government ministers and officials of China's investment arm early this month but denied that bond purchase was the agenda of the talks.

Westpac Survey: Consumer Outlook Improves by 8.1% in September

Australian consumers have regained their positive outlook in the present month, thanks much to the steady cash rate benchmark being implemented by the central bank in the past quarters plus the economic recovery posted at the close of the first half of the current year.
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Insolvencies in Australia Rise 12% in June Quarter

Indicating the difficult times Australian businesses are going through, insolvencies in the country rose 12.1 per cent in the June quarter, according to the latest survey by credit agency Dun & Bradstreet.

Qantas Aims to Bring 5 Carriers to China

Australian flag carrier Qantas plans to get a larger cut of the Chinese passenger market by planning to bring five carriers to China, The Sydney Morning Herald reports.

Stockbrokers Welcome Collins Foods With Buy Ratings

- Brokers pick up coverage on Collins Foods- Both UBS and Deutsche Bank rate stock as a Buy- Upside from continued solid same store sales growth- New store openings, refurbishments should also grow earningsBy Chris ShawCollins Foods ((CKF)) is one of Australia's largest restaurant operators, co...

What To Do About Europe?

By Greg PeelIn mid 2007, many were concerned over a growing credit problem in the US with regard to subprime mortgages.

Further Weakness Not A Given

FNArena has added another video to its Investors Education section on the website. In this educational broadcast, ATW's Jerry Simmons suggests all is not necessarily lost for equities just yet.

Global Markets Overview 09/14/2011

U.S. stocks notched a second-straight day of gains Tuesday, led by the industrial and technology sectors, even as investors kept a cautious eye on the latest developments regarding Europe's debt woes

Google and Android PCs, Not A Question of "If" but "When"

Microsoft Corp. is unleashing next year Windows 8, its first operating system designed to work for personal computers, tablets and smartphones. But before the Redmond, Washington-based firm could extend its market dominance to mobile devices, it's possible that Google will launch a serious attack at Microsoft's forte: the desktop and laptops. Google, developer of the world's top-selling smartphone platform, will likely be an "Android" to PCs. It's not a question of if but ra...

Leighton Subsidiary Bags U.S. $300 M Contract in Oman

Oman’s Ministry of Transport and Communications (MOTC) has awarded a US$300 million contract to HLG, one of the leading multi-disciplined contractors in the Middle East and North Africa and a subsidiary of the Leighton Group of Australia for a road improvement project.

Industrial Action to Undermine Stability of Toyota Operations?

The planned industrial action over a wage claim at Toyota Australia’s Altona manufacturing plant and Toyota Parts Centres in Melbourne and Sydney will undermine the stability and reliability of its Australian vehicle manufacturing operations, the car manufacturer said today.

Nintendo 3DS: Are Pink, Mario Tennis and 3D Recorders Enough?

Now, Nintendo President Satoru said in a briefing in Tokyo on Tuesday that Nintendo is hoping to woo female customers by unveiling a misty pink version of the Nintendo 3DS. Iwata also said that more features will be added, including a function that allows users to record movies in 3-D, changes to Street Pas Mii Plaza and eShop, and a 1,500-yen expansion slide pad.

Report Forecasts Bleak Year for Australian Retail

A report released on Tuesday by Deloitte Access Economics forecasts a bleak year for Australia's retail industry. The study said sharemarket volatility would likely result in the sector turning from bad to worse.

Brokers Beware of Fraudulent Deals

Brokers need to be aware that a client's fraudulent transactions may come back to haunt them under NCCP legislation, according to Genworth Financial.

Analysis: What is Next for Twitter?

With 100 million users at the start of this year, Twitter now faces the challenge and mounting pressure to go public. An analysis of the social networking site's future moves and motives.

Uncertainty Now Surrounds Cochlear

- Cochlear recalls Nucleus 5 implant- Full financial and reputational impact difficult to assess- Brokers cut price targets on lowered earnings assumptions- Ratings also downgradedBy Chris ShawFollowing a limited number of cases where its Nucleus 5 implant has stopped working due to what are believe...

Australian Steelmakers Seek Interest Rate Cuts

Australian steelmakers are seeking a reduction of interest rates and warned that if the Reserve Bank of Australia (RBA) would continue with the current trend, the long-term future of the steel manufacturing industry in the country would be at risk.

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