BUSINESS

Monaco is STILL Most Expensive Place to Buy a Home

$65,600. a few years ago that would have bought you a property where I live. Now, that is the average price of a property in Monaco, per square meter. The figure comes from the latest release of Knight Frank's global index of luxury property prices. According to the index London is the second most expensive at $56,300, but this is hardly surprising given the advent of One Hyde Park, a block of flats with none priced under a million pounds.

Many Australians unprepared for retirement --study

Australia still needs to spur its campaign to urge citizens to prepare for retirement, a new research done by Roy Morgan said in order to achieve a 90 percent average confirming plans for the said years.
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NAB Sees Support And Supply Kicking In For Commodities

- 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...

Bank wars haven't spurred refis

Well-publicised efforts to see borrowers jump ship on their home loans have gained little traction, according to a new survey.

Greece: D-Day Approaches

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.

Woolworths settles in 'Honest to Goodness' dispute

"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".

World Market Overview 6/28/2011

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.

Apple iPhone already the top mobile brand in Australia

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.

Oz Property Prices To Grow Through 2013 - BIS Shrapnel

- 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...

Top Ten Weekly Recommendation, Target Price, Earning Forecast Changes

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.

Consolidation, Then Breakout?

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.

Global Markets Overview 06/27/2011

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.

Outsmart your office firewall; Facebook while at work

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/

US Economy: Small Improvement, No One Happy

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.

Housing will see rebound: BIS Shrapnel

BIS Shrapnel has disputed the idea of a property market crash, and has forecast that house price growth will begin to accelerate within the next two years.

World Market Overview 6/27/2011

The Australian share market rose slightly in mixed trading before the weekend, with gains in financials, consumer staples and materials offsetting falls in telco, utilities, industrials and energy stocks.

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