BUSINESS

Markets: Down On Friday, Wary About The Week

For such a rotten employment report, the Wall Street reaction ended up being surprisingly muted: at one stage the Dow was down by more than 150 points, but those loses were cut to just 62 points by the close early Saturday, our time.

Fixed-line broadband under threat in Asia-Pacific

DSL may still have the lead in fixed-line broadband subscribers but that lead won't last. According to a report from the industry analyst firm Ovum, FTTH and FTTB will surpass DSL's market lead in the Asia Pacific region by 2014.

Australian Stock Market-Closing 7/11/2011

MARKET CLOSE-CommSec (4.30pm AEST)It was a less than desirable start to the week for equities, with the ASX 200 index (XJO) falling 1.6 pct or 72.4 pts to 4582.3 while the broader All Ordinaries index (XAO) has dropped 1.5 pct or 69.2 pts to 4646.8. Almost all market segments ended in lower territory by the close of business.

The Game of Perpetual Debt

Sydneysiders make a big deal out of Melbourne's weather. Perhaps rightly so - we've never stayed long enough to find out what it's really like. But walking the streets of sunny St Kilda this morning (actually, it's cloudy and a bit dull) we came to the conclusion that Melbourne is not that cold. Not as much as the propaganda from Sydney would have you believe, anyway.
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A Break-Out For EUR/USD

FNArena has added another video to its Investors Education section on the website. In this broadcast, ATW's Jerry Simmons zooms in on some recurring patterns for equities.

Comprehensive credit reporting

Australia is on the cusp of making major changes to its credit reporting regime, but whether the new system will be better for brokers’ clients is still up for debate.

Shortage of skilled accountants looming

Despite the latest forecast showing a slight oversupply for accounting and auditing professionals for the next five years, employers will face difficulties in recruiting personnel as the demand for multi-skilled staff increases.

FHBs inching back to market

The protracted pause on interest rates by the RBA is bringing first home buyers back to the market, Loan Market has claimed.

World Market Overview 7/11/2011

The Australian share market on Friday closed firmer after strong gains in the resources, retail and telecommunication sectors.

Australian Stock Market Report 7/11/2011

US employment (non-farm payrolls) rose by just 18,000 people in June - well short of forecasts centred on a jobs gain of 90,000. Private sector jobs rose by 57,000.

Apple's iPhone: setting the bar for all smartphones

Since the release of the first model four years ago, Apple's iPhone has been blazing the trail for all smartphones. A decade ago, in the age of mobile calling and sending short messages, Finland-based Nokia was the king. Then came Research in Motion's BlackBerry, with its bigger display and QWERTY keyboard providing U.S. President Barack Obama and others a more convenient means of sending instant messages and e-mail. But in the age of the mobile Internet and apps, iPhone has been atop e...

Bradken Acquisitions Spark Broker Upgrades

- Bradken announces two acquisitions- Deals should boost earnings and product offering- Stock upgraded to Buy by Credit Suisse and Deutsche BankBy Chris ShawIn May Bradken ((BKN)) announced a capital raising, one that was seen by brokers as dilutive to earnings in the absence of any associated acqui...

Australian Stock Market Report - Midday 07/08/2011

The Australian sharemarket is gaining for the third straight day with the All Ordinaries index up 0.9 pct or 44 pts to 4710.1. All sectors are trading higher with the energy and mining sectors the best performers.

Murdoch to shut down 'News of the World'

Rupert Murdoch will shut down Britain's biggest selling Sunday newspaper, the News of the World, in a startling response to a scandal engulfing his media empire.

Carbon Tax Impact on Coal

By Greg PeelAustralia's coal industry is making as big a song and dance as it can about the crushing impact of the government's planned carbon tax, as well it might.

Don't wear too many 'hats': ALCo

Brokers who choose to add risk insurance and financial planning into their business may be stretching themselves too thin, according to aggregator Australian Loan Company (ALCo).

Home buyers looking to borrow more

Prospective home buyers are borrowing more today compared to 12 months ago, according to independent mortgage comparison website Yourmortgage.com.au.

Top 10 growth industries for 11/12 revealed

As industry gets set to embark on a new financial year, business information research firm IBISWorld has released its annual list nominating the top 10 industries set to soar in 2011-12 and the top 5 worst-performing.

The Great Facebook Challenge - It's Big Business

The Winklevoss Twins are set to continue their endless legal fight with Facebook. Why do you think they persist with court action after court action? Because Facebook has only just got started and they know that.

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