Australian miners such as BHP Billiton and Rio Tinto and the country's steel industry are to be affected by the weaker metal demand in China for 2012.
Vittorio Hernandez
Dec 19, 2011
Days after menswear store Fletcher Jones announced the closure of several outlets, the weak retail environment claimed another victim. Giant Myer (ASX: MYR) announced on Monday it would shutter in 2012 weak performing chains.
Vittorio Hernandez
Dec 19, 2011
U.S. stocks ended the week with a whimper Friday as continued jitters surrounding Europe's debt crisis weighed on investor sentiment. T
Lawrence Villamar
Dec 19, 2011
US consumer prices rose were flat in November after a 0.1pct drop in October. Consumer prices were up 3.4pct in the 12-months to November. Excluding food and energy consumer prices was up just 0.2pct in November.
Lawrence Villamar
Dec 19, 2011
A top broker believes risk specialists are making the products too complex and difficult for many consumers to understand.
Jamelle Agbuis
Dec 19, 2011
Westpac chief Gail Kelly has joined the chorus of bankers warning borrowers may not be so lucky after the next RBA cut.
Jamelle Agbuis
Dec 19, 2011
Wealth Today CEO Michael Stephens has refuted Mortgage Choice's position on individual brokers holding more than one licence, arguing this only increases their capacity to provide good service.
Jamelle Agbuis
Dec 19, 2011
Another weak week for global markets, especially commodities led by gold, and the euro.
Jamelle Agbuis
Dec 19, 2011
The impact of China's slowing economy on our export performance was clearly shown yesterday, but home loans rose for yet another month.
Jamelle Agbuis
Dec 19, 2011
This week's pounding of the euro by worried investors decamping for the strengthening US dollar (and abandoning gold and other commodities) shouldn't come as much of a surprise as we look into 2012.
Jamelle Agbuis
Dec 19, 2011
According to the market, APA Group's $1.06 billion takeover offer for fellow pipeliner, Hastings Diversified Utilities Fund (HDF), is over before the shouting starts.
Jamelle Agbuis
Dec 19, 2011
As opposed to some earlier reports on business confidence and conditions this year from the National Australia Bank, the November report out yesterday, is pretty conventional.
Jamelle Agbuis
Dec 19, 2011
Some of our most vital export markets are facing a worsening in growth prospects for 2012.
Jamelle Agbuis
Dec 19, 2011
Australians are searching for wide and various things through Google. This could be the best way to describe the 2011 “most googled” list of Australia released by the giant search engine.
Mary Elaine Ramos
Dec 17, 2011
An Australian eBay user discovered an online merchant’s database – with her name, phone number, and address – after doing a Google search for her name.
Arlene Paredes
Dec 16, 2011
Insurance Australia Group will buy New Zealand's second-largest general insurer AMI for $290 million. However, the purchase excludes all of AMI's liabilities related to the Christchurch earthquake in February 2011.
Vittorio Hernandez
Dec 16, 2011
Ford is ending production of its once vastly popular small half-truck, the Ford Ranger, which it admitted became the unwilling victim of in-house competition.
Erik Pineda
Dec 16, 2011
A firm based in Seattle specializing in caller identification technology has sued Apple Inc. for patent infringement alleging that the latter is illegally using its inventions on iPhones.
Windsor Genova
Dec 16, 2011
More Australians are planning to work past the compulsory retirement age, a report released by the Australian Bureau of Statistics said.
Vittorio Hernandez
Dec 16, 2011
About 75 per cent or 6.2 million households in Australia have broadband access, data released by the Australian Bureau of Statistics on Thursday said.
Vittorio Hernandez
Dec 16, 2011
About 150,000 bank customers have filed a $200-million class action lawsuit against the four largest Australian banks and Citibank over bank fees.
Vittorio Hernandez
Dec 16, 2011
Bendigo & Adelaide Bank (ASX: BEN) agreed to purchase for A$130 million the Bank of Cyprus (ASX: BOCY), which caters mainly to Greek and Cypriot communities based in Australia.
Vittorio Hernandez
Dec 16, 2011
Microsoft has decided to follow the lead of its rival browser, Google Chrome, as the software giant revealed on Thursday that it will soon implement silent updates of the Internet Explorer across the latest Window platforms.
Erik Pineda
Dec 16, 2011
Former Australian Prime Minister Paul Keating said on Thursday that the government should not have intervened in the Qantas labor row. Instead of referring the problem to Fair Work Australia, he said the Gillard government should have let Qantas Chief Executive Alan Joyce take full responsibility for the consequences of his unilateral decision to ground all Qantas fleet.
Vittorio Hernandez
Dec 16, 2011
Caltex Australia is expecting profits to slide in 2011 because of production disruptions and wild changes in the global supply and price of crude oil.
Christine Gaylican
Dec 16, 2011
By Andrew NelsonAccording to a recent outlook paper from Russell Investments, the majority of Australian investment managers believe the S&P/ASX300 will finish 2012 higher than where it started.
Admin System
Dec 16, 2011
From Morrison Securities Pty. Ltd.U.S. stocks gained after investors took heart from stronger U.S. economic data, but fell off session highs after the head of the International Monetary Fund stoked fears that Europe's sovereign-debt crisis is worsening.
Christine Gaylican
Dec 16, 2011
By Peter Switzer, founder of the Switzer Super Report15th December 2011This week I want to share with you the observations of my favourite US analyst ? Abby Joseph Cohen ? who is the senior investment analyst at the legendary money making operation called Goldman Sachs.
Admin System
Dec 16, 2011
Bell FX Currency Outlook: The Australian Dollar has opened trading around the USD0.9920 level after trading up to USD0.9990 overnight.
Christine Gaylican
Dec 16, 2011
By Rudi Filapek-VandyckThe Dow Jones Industrial Average booked a gain of 45.33 points, or 0.4%, to 11868.
Admin System
Dec 16, 2011
