By Rudi Filapek-Vandyck, Editor FNArenaI joined Twitter. Not because I am curious what this celebrity has to say about her kids, or to read that another one is waiting for a connecting flight, impatiently.
Admin System
Mar 22, 2013
Americans today live like there's no tomorrow. You can see this in the data regarding retirement. People behave like they will never retire, and the prophecy is self-fulfilling. Under these conditions, they won't.
Jamelle Agbuis
Mar 22, 2013
This latest move by Stayz has that same destructive grab and run feel about it. Sort of reminiscent of RealEstate.com.au all over again.
Jamelle Agbuis
Mar 22, 2013
-The US to drive the global recovery- Europe to improve- China to firm- Italy not that big a riskBy Andrew NelsonThe global economy is finally on the road to full recovery, with positive conditions only accelerating over the years ahead.
Admin System
Mar 22, 2013
By Greg PeelThe Dow fell 90 points, or 0.6%, while the S&P lost 0.8% to 1545 and the Nasdaq dropped 1.
Admin System
Mar 22, 2013
Despite creeping into positive territory at times, the Australian market fell once again, with the All Ordinaries Index slipping 0.1 per cent to 4976.8. So far, this has been the biggest weekly pullback for the local market in 10 months, when the All Ords lost 5.62 per cent in just five days.
Vittorio Hernandez
Mar 21, 2013
Despite a positive start on the back of gains on Wall Street and Europe overnight, the Australian share market is flat at lunchtime in the East.
Vittorio Hernandez
Mar 21, 2013
The market may be 'primed' for a fall from a technical or charting perspective, but yesterday's move was, not surprisingly, driven by central banks. Although this time Ben Bernanke wasn't involved...not directly anyway.
Jamelle Agbuis
Mar 21, 2013
AstraZeneca PLC, the global pharmaceutical giant and the UK's second biggest drug company, informed that it planned to restructure itself by introducing downsizing program and reorganizing its global research and development operations.
Jamelle Agbuis
Mar 21, 2013
At last, BBC Worldwide, the entertainment company, informed that after all it sold its Lonely Planet to NC2 Media for slightly over £50 million. Fortunately for Lonely Planet, it is now in hands of US-based NC2 Media which has plans what to do with it and how to run it to make it even more successful.
Jamelle Agbuis
Mar 21, 2013
Sharp Corp., well known Japan's electronics maker, informed that a second investment from US chipmaker Qualcomm Inc. encountered some difficulties and therefore it was delayed. The delay in Qualcomm investment in Sharp was mainly driven by the inability of meeting terms of the original accord. Certainly, the setback will have an impact on Sharp Corp. which has been struggling to restore its balance sheet.
Jamelle Agbuis
Mar 21, 2013
Australian dairy farmers are crying, not over spilt milk, but over lost income as they continue to be caught in the price war between supermarket giants Woolworths and Coles. Thus, while prices of milk in the international market soar due to the drought that hit neighbor New Zealand, the $1 per litre price tag at groceries continues to hurt their pockets and caused some farms to close.
Vittorio Hernandez
Mar 21, 2013
By Greg PeelThe Dow closed up 55 points, or 0.4%, while the S&P gained 0.7% to 1558 as the Nasdaq added 0.
Admin System
Mar 21, 2013
-Focus on margin expansion-But at the expense of sales growth?-Broker sentiment divided on turnaroundBy Eva BrocklehurstDavid Jones ((DJS)) is transforming.
Admin System
Mar 21, 2013
The lack of resolution in relation to the Cypriot bailout remained the main influence on regional markets on Wednesday. The Cypriot parliament has voted against levy on bank deposits by a margin of 36 to 0 with 19 members abstaining. Eurozone officials remain defiant that Cyprus must contribute to its rescue.
Vittorio Hernandez
Mar 20, 2013
To meet Indonesia's target to become self sufficient in its beef meat requirement by 2014, Jakarta said it is considering running a cattle breeding farm in Australia. The Indonesian government pointed to lower production cost as the reason behind the plan.
Vittorio Hernandez
Mar 20, 2013
The Australian sharemarket is falling for the third straight day, taking the losses for the week to almost 3 per cent. The All Ordinaries Index (XAO) down 0.74 per cent and has slipped below the key 5000.0 point level for the first time this month.
Vittorio Hernandez
Mar 20, 2013
By Greg PeelLast night Goldman Sachs global stock analysts in London downgraded iron ore producers BHP Billiton ((BHP)) to Neutral from Buy and Rio Tinto ((RIO)) to Conviction Sell from Neutral.
Admin System
Mar 20, 2013
BBC Worldwide announced on Tuesday the sale of Lonely Planet, its travel guide business, for $75 million. The American company, NC2 Media, is the buyer.
Vittorio Hernandez
Mar 20, 2013
By Greg PeelThe Dow closed up 3 points, while the S&P lost 0.2% to 1548 and the Nasdaq dropped 0.3%.The Cypriote parliament last night voted to reject the eurozone proposal for a bail-out involving a levy on deposits, large and small.
Admin System
Mar 20, 2013
Local shares were up by as much as 0.84 per cent after a few hours of trade, however steadily declined from midday onwards. The All Ordinaries Index (XAO) slipped by 0.46 per cent and has slumped by 2.5 per cent in just two sessions due to concerns relating to the Eurozone's third smallest economy, Cyprus.
Vittorio Hernandez
Mar 19, 2013
The Australian share market is making an impressive rebound in early trade, following yesterday's 2% drop which was sparked by Eurozone worries.
Vittorio Hernandez
Mar 19, 2013
Australia's sharemarket shed 2 per cent on Monday over investor worries on the Cyprus bailout problem. The All Ordinaries index declined 101.9 points or 1.99 per cent at 5,027.4, while the benchmark S&P/ASX200 index dipped 104.8 points or 2.05 per cent at 5,015.4.
Vittorio Hernandez
Mar 19, 2013
By Andrew NelsonUranium prices have been fighting an uphill battle ever since the Fukushima disaster shut down all but two of Japan's fifty nuclear reactors.
Admin System
Mar 19, 2013
By Prof. Charles WyploszThe Cyprus bailout package contains a tax on bank deposits. This column argues that the tax is a deeply dangerous policy that creates a new situation, more perilous than ever.
Admin System
Mar 19, 2013
Despite the 1989 ban on uranium by the then Queensland government, the current state administration is not ruling out the possibility that they may give uranium mining the green light.
Vittorio Hernandez
Mar 19, 2013
By Greg PeelThe Dow closed down 62 points, or 0.4%, while the S&P dropped 0.6% to 1552 and the Nasdaq lost 0.
Admin System
Mar 19, 2013
FNArena is surveying investor sentiment in Australia in an effort to generate, over time, a guage similar to the AAII Investor Sentiment Survey in the US.
Admin System
Mar 19, 2013
A controversial levy imposed on financial institutions in the European island of Cyprus sent shockwaves through local markets today, as investors bet the Eurozone debt crisis is far from over.
Vittorio Hernandez
Mar 18, 2013
The Australian sharemarket has wiped out most of last Friday's impressive gains, with the All Ordinaries Index (XAO) down 1.3 per cent or 66.2 pts to 5063.1. Cyprus, the Eurozone's third smallest economy has received a €10 billion assistance package, backed by the International Monetary Fund (IMF). A one-off tax of as much as 10 per cent on Cypriot deposit accounts has created some concerns of bank runs.
Vittorio Hernandez
Mar 18, 2013