By Greg PeelAt the end of May it was confirmed that trading company Traxys had agreed to acquire the entire 5.
U.S. stocks closed sharply higher Monday, snapping a three day losing streak, as the technology sector surged and financial stocks jumped on banking capital requirements that were less onerous than expected.
- NAB updates commodity market outlook- Base metals and bulk prices should remain supported this year but ease in 2012- Oil price expected to stabilise, modest decline likely in gold priceBy Chris ShawAn easing in most non-rural commodity prices in May has been followed by subdued price growth in Ju...
Well-publicised efforts to see borrowers jump ship on their home loans have gained little traction, according to a new survey.
Chinese telecommunications equipment maker Huawei and Norwegian network operator Telenor have erected the world's northernmost LTE tower in Longyearbyen on the Svalbard archipelago in the Arctic Circle.
Five to six votes, maybe 10 is all that stands between Greece agreeing to the latest austerity package and a temporary bailout and the country lurching towards default and a possible return of the GFC.
A couple of times this year we have carried reports of comments from senior Reserve Bank officials which have questioned the sustainability of Australian bank earnings.
The future of specialised lenders is in question with the advent of NCCP requirements, it has been claimed.
"What is unique about Honest to Goodness is our ethics, ideals and principles behind the products we choose to sell and the way we do business, so seeing Honest to Goodness plastered all over Woolworths was devastating for us and our customers and we were left with little choice".
Senior managers aren’t doing enough to create a sustainable workplace, according to a new survey.
The Australian share market fell more than one per cent as investors nervously await for a vote by the Greek Parliament on measures to reduce that country's high debt.
US personal income rose by 0.3pct in May while spending was unchanged. Both readings were slightly weaker than market expectations.
Despite a 5% year-on-year dip in the overall market, iPhone shipments soared 13% quarter-on-quarter, with Apple becoming the top mobile device vendor in Australia for the first time, with nearly one third market share, Research firm International Data Corp.'s Q1 2011 Mobile Device Tracker revealed.
Australia's annual population growth rate slowed to 1.5% in 2010, down from the 2008 high of 2.2%.
If you use online banking, chances are good that you see the same things in your account that I see when I log into mine (albeit with different numbers): a lot of transaction data, and maybe some basic budgeting tools or low-level personalization.
Murchison Metals, the company primarily responsible for the Oakajee Port and Rail project has admitted to difficulties in funding its share of the development after a key customer placed its mid-west operations on hold.
By Rudi Filapek-VandyckGreece is burning (sort off) and the Federal Reserve doesn't really know what's happening inside the US economy, but here at FNArena, the least we can do is inform investors about what is happening underneath the facade of every day moving share prices.
- BIS Shrapnel expects moderate residential price growth through to 2014- Residential property prices to benefit as economic growth picks up, lifting demand- Best gains expected in the Sydney, Perth and Brisbane marketsBy Chris ShawAccording to BIS Shrapnel's 'Residential Property Prospect...
Admittedly would weigh on household budgets, the Australian government has volunteered to share some of the financial burden entailed by the proposed carbon tax.
By Rudi Filapek-VandyckGreece is burning (sort off) and the Federal Reserve doesn't really know what's happening inside the US economy, but here at FNArena, the least we can do is inform investors about what is happening underneath the facade of every day moving share prices.
FNArena has added another video to its Investors Education section on the website. This latest ATW broadcast was compiled ahead of the FOMC meeting but still offers technical insights into support zones, consolidation patterns and potential break-outs.
The Australian government is prepared for the counter-offensive as leading cigarettes firm Philip Morris takes legal action against a planned marketing prohibition in the country.
U.S. stocks dropped Friday, finishing the week slightly lower, as worries about Italian banks, Greece's austerity measures and disappointing technology earnings overshadowed a bigger-than-expected rebound in durable goods data.
Politicians, taxi-drivers and journalists are among the least trusted professionals in Australian society, according to a new survey. Australians even trust sex workers more than these professionals.
Commonwealth Bank has swept the board in MPA's ninth annual Brokers on Banks survey.
Diesel, the maker of jeans for hot girls, has released an app that allows you to slack off at work without having your boss catch you on Facebook. Diesel's new "Be Stupid at Work app" makes Facebook appear to be an Excel spreadsheet, which means you can update your status and read updates all you want without the guy who shares your cubicle or your boss noticing. Download the app at http://www.bestupidatwork.com/
It's the end of the Australian financial year this week, as well as the end of the month, quarter and end of the June half year here and offshore.
So was the solid week in Asia a one-off bounce, or a sign that investors have figured out that the region is once again a 'safe haven' while Europe and the US struggle with their respective crises?
The US government revised its final figure for first-quarter economic growth to 1.9% Friday night, our time, up from its earlier estimate of 1.8%, but the improvement provided no joy to the markets.
A day of confusion in trading in bank shares on the Italian stockmarket on Friday has raised concerns that the euro crisis is taking a new direction.