BUSINESS

The current conditions in the commodity markets may represent an unsustainable bubble which is open to a sudden correction, warns a new report from Standard and Poor’s global rating service.

Australia's government led by Prime Minister Julia Gillard did not promise to give the local cattle industry any compensation for the recent implementation of a live export ban to Indonesia, which will last for six months.

Sony Corp.'s film studio said yesterday it has provided notice to the approximately 37,500 people who may have had some personally identifiable information stolen during the recent attack on sonypictures.com.

- Bradken's recent capital raising has strengthens balance sheet- Increased scope for bolt-on acquisitions- Moelis sees value leading into an earnings growth acceleration post FY12By Chris ShawAt the end of last month Bradken ((BKN)) reiterated full year earnings guidance for a result in EBITDA...

Nintendo Co. unveiled at the annual Electronic Entertainment Expo in Los Angeles, California, the Wii U, the high-definition video-game console succeeding the market leader Wii.

Treasurer Wayne Swan is set to release today the Productivity Commission's report on international climate regimes at noon in Brisbane. Mr Swan will try to justify to opposing industry that seven of Australia's top-10 trading partners have adopted major policies to reduce pollution. The coal and gas industries have continue to oppose the carbon tax legislation further arguing the report should look at the measures taken by Australia's competitors.

Property developer Stockland confirmed today in a filing with the Australian Stock Exchange that it is in discussions with a potential buyer for assets representing about 20% if its industrial portfolio. This comes as Stockland also announced that it has secured 339 hectares of residential land in south west Sydney.

As the Australian share market went down for a sixth consecutive trading day, investors went to the New Zealand markets, which rose close to 20 points to 3525.39, a change of about 56 percent.

While many people are controlling their urges to grab a hold of the iPhone 4 thinking the iPhone 5 will be launched in the near future, the actual release of the highly anticipated smart phone remains a whodunit.

The Reserve Bank's decision to hold off plans for an upward rate adjustment in the past few months had impact well on Australia's consumers, who are now more spend-thrifts and conscious on what to spend on.

Sony Computer Entertainment Inc. announces PlayStation®Vita (PS Vita) (PCH-1000 series) as the official platform name for the next generation portable entertainment system (codename: NGP). Wi-Fi model will be available for 24,980 yen (including tax) in Japan, $249 in US and euro 249 in Europe, 3G/Wi-Fi model will be available for 29,980 yen (including tax) in Japan, $299 in US and euro 299 in Europe and successively launch in global market starting the end of 2011.

Parrot, leaders in wireless peripherals for mobile phones, revolutionised the video gaming world by creating the AR.Drone, the first flying object in Augmented Reality piloted through Wi-Fi.

- The Brent-WTI spread has blown out to over US$17- The gap reflects lack of storage at Cushing- The global oil price is US$117/bbl not US$100/bblBy Greg PeelAs explained back in February in an FNArena feature story (Death In West Texas), this year has seen a rapid extension of the usually tight pre...

Global mining giant Rio Tinto has announced on Wednesday the doubling of the company’s fleet of automated-driven truck haulers currently deployed in the Pilbara region of Western Australia to further raise its ore production.

- Iluka has (again) lifted zircon and TiO2 price guidance- Stockbrokers have responed by (again) lifting earnings estimates- Not everyone sees a higher share price aheadBy Chris ShawMineral sands play Iluka ((ILU)) has enjoyed strong price increases for its products in recent months, which has drive...

Cadbury has apologised to Naomi Campbell after its Dairy Milk Bliss adverts "upset" the supermodel.

Packaging and labelling company ProScales has announced the launch of its new deli labelling system, AdPro, which prints shopper-marketing directed ads on deli labels.

No rate rise from the Reserve Bank, in fact it was a bit more of the same according to yesterday's post meeting statement from Governor Glenn Stevens.

Virgin Australia continues to construct a strategy to take on Qantas with the news that it has entered into a partnership with the powerful Singapore Airlines.

Over the last few years, tax compliance risks related to global employee mobility have grown rapidly.

Many organisations conduct surveys to find out what their people think and feel. Whilst such initiatives ostensibly exist to improve performance, the truth is that lip service is often paid to them.

By Greg PeelThe Dow closed down 19 points or 0.2% while the S&P lost 0.1% to 1284 and the Nasdaq was basically square.

Better seasonal conditions combined with higher grain and oilseed prices are anticipated to lift cash incomes for grain producing farms in 2010-11, a new report released by ABARES says.

Finland-based Nokia is now facing the challenge to raise its market share amidst debt rating cut to the lowest investment grade by Fitch Ratings due to the declining market share of its Symbian smartphones.

Australia's stock market has opened at a modest pace taking on from overnight leads as Wall Street gave up mid-session gains as Federal Reserve chairman Ben Bernanke hinted that further stimulus is required to boost the US economy.

By Greg PeelGoing back a couple of months, no one expected another RBA cash rate rise was likely before August after the June quarter GDP result was in.

A gloomy economic assessment from Federal Reserve Chairman Ben Bernanke erased an earlier rally in U.S. stocks, sending major indexes in the final minutes of Tuesday's session to their fifth-consecutive drop.

Mortgage Ezy CEO Garry Driscoll said careful modelling of its current and expected mortgage book show it will be able to maintain its 'no clawback' stand for brokers, bar any unforseen changes in the market.

HP Financial Services, a subsidiary of leading information tech hardware company Hewlett-Packard, announced it will be making up to $2 billion available to "help clients finance their way into the cloud."