BUSINESS

World Market Overview 06/08/2011

The Australian share market closed flat despite investors being buoyed by the central bank's largely unchanged outlook for the domestic economy.

Australian Stock Market Report 06/08/2011

US Federal Reserve Chairman Bernanke acknowledged the recent slowdown in the US economy however gave no indication that the central bank was considering further stimulus.

Sony Corp-Brazil attacked by hackers

Sony cut off its Brazilian music entertainment website while it looks into a possible breach. Sony also is investigating a hacker group's claim that it stole data related to the company's game operation. The possible attack on Sony's Brazilian website may have altered some content, a spokesman said.
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The Australian paywall set in October

By the end the year, most Australian newspapers will be charging for the content they post online, following the success of leading business daily The Wall Street Journal and amid softening revenues for newspapers from print subscriptions and advertisements.

Africa's Riding The Red Dragon

By Richard (Rick) MillsAhead of the herdAs a general rule, the most successful man in life is the man who has the best information?When I entered the business world, three-fourths of the world was closed ? China, Russia, Vietnam, India, most of Africa.

Where's The Value Post Tabcorp De-Merger?

- Tabcorp completes de-merger of Echo Entertainment- Brokers question value in both entities- Assuming no M&A activity both stocks appear fully pricedBy Chris ShawTabcorp ((TAH)) has completed its de-merger, with the gaming and casino assets commencing trading as separate entities yesterday, as Tabc...

Uranium Goes Quiet

By Greg PeelAs noted in Nuclear Ist Verboten last week, May ended with the uranium spot price down US50c to US$56.

Forex Market Insight 06/07/2011

No real change for the AUD/USD with the pair remaining trapped in the trading range, with support seen at 1.0600 and resistance at 1.0780

Africa?s Riding The Red Dragon

By Richard (Rick) MillsAhead of the herdAs a general rule, the most successful man in life is the man who has the best information?When I entered the business world, three-fourths of the world was closed ? China, Russia, Vietnam, India, most of Africa… In 2010, the entire world is wide open, ...

UK House Price Risk For NAB

By Greg PeelMorgan Stanley analysts note that while the recovery of housing supply in the UK remains relatively weak post-GFC, real household disposable income growth continues to be weak.

iPAD, other touch screen tablets to lose market appeal?

Amid the growing popularity of the iPad and other touch-screen tablets, research firm International Data Corporation said June 6 that worldwide shipments are now expected to grow by just 4.2 percent in 2011, down from its February forecast of 7.1 percent.

Markets seen to rebound

As world markets ended up disappointingly with a tepid performance on Friday, analysts expect some negativity spreading, but the good market support for the Australian share markets will hopefully hold it up at today's trading day.

World Market Overview 06/06/2011

A pair of conferences in California this week will focus on new services and software for consumers that are delivered over the Internet.

Australian Stock Market Report 06/06/2011

US non-farm payrolls (employment) rose by 54,000 in May, well down on the 232,000 increase in jobs in April and short of economist predictions for an increase in jobs of 150,000.

Asia-Pacific markets post bearish gains

Markets in the Asia-Pacific region have remained quiet at the end of Monday's trading as public holidays in China, Hong Kong, and South Korea have kept only Tokyo's Nikkei and Australia's S&P 500 working until the afternoon.

Fewer job placements in May

Australia has generated fewer jobs in May, according to a survey made by the ANZ Bank, which was reflected in lower job placements posted online or on newspapers.

Lend Lease flags new contracts worth more than $1 billion

Amidst swirling reports that it is working on a $4.9 billion takeover of Centro Properties Group’s Australian assets, Lend Lease Group revealed on Monday two upcoming projects worth an estimated $1 billion that will keep the company busy over the next three years.

China's Huawei appoints Australia Board directors

John Brumby, Alexander Downer and John Lord have been announced as independent Directors to sit on Huawei Australia’s newly-established Board of Directors. The Board will be charged with overseeing Huawei’s local strategy and developing further inroads into the Australian market.

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