BUSINESS

Carbon tax to encourage $100B in new energy investments

Change and changing mindsets, no matter at what stage are loathed at, but at times circumstances just points to the inevitable. This is how the staunch supporters of the carbon tax in Australia perceive their advocacy in the days to come.

Australian Stock Market-MIDDAY (7/15/2011)

MIDDAY REPORT (12pm AEST)Australian stocks have started the last trading day of the week in the red, on continued investor concern about US and European economic woes. Ratings agency Standard & Poor´s has this morning warned there is a one-in-two chance it could cut the United States´ prized triple-A rating if a deal on raising the government´s debt ceiling is not agreed soon. The deadline for the agreement is August 2nd. At lunchtime in the East, the All Ordinaries Index (XAO) is down 15.2...

FNArena Presents Market Insight

By Rudi Filapek-VandyckAs announced yesterday afternoon, FNArena launched its own financial web TV yesterday, titled Market Insight.

HTC Sensation & Samsung Galaxy S II: A Little Late as New iPhone, Nokia N9 and BlackBerry Bold Poised for Release?

Telstra's new offerings in Australia this month include devices known as the Android superphones: HTC Corp.'s HTC Sensation, dubbed as the ultimate media smartphone, and Samsung's Galaxy S II, tagged as Australia's fastest smartphone. With perennial market leaders Nokia, Apple and Research in Motion failing to launch any major offerings this year, devices running on Google's Android operating system this year. For one, Samsung has sold 3 million units of the Galaxy S II within 5...
More news

Google+ Skyrockets to 10 Million Users; Google Revenues Beat Estimates

Google Inc. told analysts that its new social networking service now has 10 million users, just two weeks into its soft release. Although top social network Facebook has more than 750 million users worldwide, the figures still represent overwhelming growth, given that Google+ is still in its beta and trial version and is in invite-only mode.
Carlo Fernandez Jul 15, 2011

HR outsourcing on the rise: Research

The broad adoption of HR outsourcing across Asia-Pacific has emerged as the main finding of regional research conducted by Talent2.
Jamelle Agbuis Jul 15, 2011

Sacked for grey hair

Fifty-two year old Sandra Rowline has sued former Texas employer Capital Title for unfair dismissal, after being asked to dye her hair and wear "younger fancier suits".
Jamelle Agbuis Jul 15, 2011

House prices continue decline

House prices have continued to soften in the June quarter, with rental growth slowing as well.
Jamelle Agbuis Jul 15, 2011

What's hot in HR? Latest job trends revealed

HR project consultants, HR advisors, IR and ER specialists top the list of skills in demand in Australia's HR sector in the first quarter of the new financial year, according to Hays.
Jamelle Agbuis Jul 15, 2011

NZ: Economy Up Sharply, Despite Quakes

There have been three major disasters in the first three months of this year in the Pacific region: the Japanese quake and tsunami ranks the highest for the human and financial costs, followed by the Christchurch quakes in New Zealand and then the Queensland (and Brisbane) floods and cyclone.
Jamelle Agbuis Jul 15, 2011

World Market Overview 7/15/2011

A last minute rally wasn't enough to lift Australian stocks back into the green at the close of trade on Thursday.
Jamelle Agbuis Jul 15, 2011

Australian Stock Market Report 7/15/2011

US business inventories rose by a larger than expected 1pct to $1.51 trillion - the highest level since October 2008. Business sales fell 0.1pct in May.
Jamelle Agbuis Jul 15, 2011

Australian Stock Market- Preview (7/14/2011)

MORNING REPORT (7am AEST)In Australia, data on inflation expectations is released together with detailed labour market data. In the US, data on producer prices, retail sales and weekly jobless claims are released.The US Federal Reserve chairman Ben Bernanke told the House of Representatives Financial Services Committee that more stimulus could be provided to the economy if needed: ´´The possibility remains that the recent economic weakness may prove more persistent than expected and .....
Christine Gaylican Jul 14, 2011

World Sharemarkets Overview (7/14/2011)

On Wall Street overnight, US stocks snapped their three day losing streak to finish moderately higher, albeit well off session highs as little progress was made in talks over the raising of the debt ceiling and a Fed official said he is against providing further stimulus to the economy, opposing earlier comments from Ben Bernanke.
Christine Gaylican Jul 14, 2011

World Market Overview 7/14/2011

U.S. stocks snapped a three day slide Wednesday as investors saw hope for further economic stimulus from the Federal Reserve.
Jamelle Agbuis Jul 14, 2011

Australian Stock Market Report 7/14/2011

US export prices rose by 0.1pct in June with import prices down 0.5pct. Both results were near market forecasts. And the Federal budget deficit narrowed from US$57.64 billion to US$43.00 billion in June.
Jamelle Agbuis Jul 14, 2011

Jetstar flying direct to Beijing; to expand services further

Qantas Group has announced that it would be providing service to Beijing through its low-cost subsidiary Jetstar. The new service which will link Beijing to Melbourne via Singapore is another move to capture as much of the growing Melbourne-Beijing tourism market.
ranina sanglap Jul 14, 2011

Commonwealth Bank Fails to Overturn 100-Year-Old Bank Holiday

Commonwealth Bank (ASX: CBA) branches opening on 1 August can only be staffed by employees who volunteer to work on the Bank Holiday, and those bankers must be paid penalty rates due to trading hours permit restrictions won by the Finance Sector Union.
Sharon Olalia Jul 14, 2011

Little Faith In Aussie Shale

- Beach Energy's initial shale gas testing is positive- Costs are potentially overwhelming- Most analysts doubt commercial viabilityBy Greg PeelShale is hot.
Admin System Jul 14, 2011

Oil Market Tighter Than Previously Projected

- Oil market tighter than previously projected- Helps explain IEA release of strategic reserves- Market to stay tight, global stocks expected to fall through 2012By Chris ShawWhile the recent strategic stock release by the International Energy Agency (IEA) was questioned in some quarters, Barclays C...
Admin System Jul 14, 2011

Australia's residential prices drop further

In spite the lowered residential property prices, affordability is still a major concern among residents in Australia, the National Australia Bank's latest survey indicated.
Christine Gaylican Jul 14, 2011

Investors prefer Australia's futures market

Australia's interest rate futures have attracted the interest of most investors, who have considered them a safe haven from the European debt crisis.
Christine Gaylican Jul 14, 2011

Amazon to rival Apple's iPad

In Washington, online retail giant Amazon plans to unveil a tablet computer before October in a bid to carve out a slice of a growing market dominated by Apple's iPad, the Wall Street Journal and the AFP reported on Wednesday.
Christine Gaylican Jul 14, 2011

Challenging The Panda Bears

- Alarmist warnings of a credit bust in China are unfounded- China's financial system is under no grave threat- China is not like the WestBy Greg PeelThere are 65 million apartments in China standing empty.
Admin System Jul 14, 2011

Rival Bid to Peabody's $4.7-Bln. Offer Could Raise Price for Macarthur

Peabody Energy Corporation and AcelorMittal S.A. have submitted a joint offer to purchase Macarthur Coal limited for $4.7 billion. The rise in shares signal that the market is expecting another bidder that would force Peabody and AcelorMittal, which owns 16 percent of Macarthur's outstanding shares, to raise their offer.
Carlo Fernandez Jul 13, 2011

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