Bell FX Currency Outlook: Australian Dollar hits fresh highs amidst Melbourne Cup surprise hold from the RBA
Christine Gaylican Nov 07, 2012
It will be a pivotal week for economies around the world as the two largest markets get to pick their new leaders.
Erik Pineda Nov 06, 2012
Now that the Melbourne Cup is over, Australians have turned their focus to the Oz Lotto's $100 million pot prize up for draw on Tuesday night.
Esther Tanquintic-Misa Nov 06, 2012
Datuk Dr Looi Hoong Wah, a respected Malaysian nuclear physicist and consultant physician, has defended the beleaguered rare earths processing plant of Australian rare earths miner Lynas Corp. in Kuantan, saying the allegations being spread by its opponents are fabricated lies that bear relations to the country's upcoming general election.
Esther Tanquintic-Misa Nov 06, 2012
The Coalition has accused the Labor-led government of unduly injecting politics in the office of the Australian Treasury by utilising its functions in conducting cost analysis of tax polices identified with the Liberal-National alliance.
Erik Pineda Nov 06, 2012
The integrity of the Melbourne Cup is now being questioned after champion jockey Damien Oliver reportedly confessed guilty to allegations that he placed an A$10,000 bet on a rival horse two years ago.
Esther Tanquintic-Misa Nov 06, 2012
The experts were correct in their forecast that the Reserve Bank of Australia (RBA) will retain the current 3.25 per cent overnight cash rate when the central bank's monetary committee met on Melbourne Cup Day on Tuesday, Nov 6.
Vittorio Hernandez Nov 06, 2012
Apart from today's Melbourne Cup, another reason for jetsetters, kibitzers, stargazers and what nots to pack their bags and travel to Australia is the highly anticipated total solar eclipse on November 14, an hour after sunrise (afternoon of Tuesday, November 13, in the United States).
Esther Tanquintic-Misa Nov 06, 2012
After being battered with more than 100,000 lightning strikes on the afternoon of Monday till midnight, emergency crews are racing overtime to restore power in most of South Australia, which have left tens of thousands without electricity, in time for the highly-anticipated Melbourne Cup today.
Esther Tanquintic-Misa Nov 06, 2012
Bell FX Currency Outlook: Australian Dollar little changed as currency markets play a waiting game. The Aussie dollar traded in a tight range as markets await the RBA meeting and the results of the US presidential elections tonight.
Christine Gaylican Nov 06, 2012
The Australian High Court would hear a landmark challenge to the 30 per cent minerals resource rent tax (MRRT). The challenge, raised by West Australian mining tycoon Andrew Forrest of Fortescue Metals Group, would be heard by the court's full bench in 2013.
Vittorio Hernandez Nov 06, 2012
Australia’s economic goals remain firmly in place, Treasurer Wayne Swan said on Monday, insisting that Labor’s commitment of delivering a surplus by May 2013 is not a remote possibility.
Erik Pineda Nov 05, 2012
Job advertisements in Australia's Internet and newspapers continued to drop for a seventh straight month in October, latest monthly figures released by the Australia & New Zealand Banking Group Ltd. (ANZ) showed on Monday. It was the country's lowest in more than two years since January 2010.
Esther Tanquintic-Misa Nov 05, 2012
The Bureau of Meteorology has issued a severe weather warning as thunderstorms head toward Adelaide in South Australia.
Esther Tanquintic-Misa Nov 05, 2012
The latest Galaxy poll, commissioned by The Daily Telegraph, delivered on Monday figures that were far worrisome for Opposition Leader Tony Abbott as they indicated he would replace the current occupant of The Lodge after the 2013 national election.
Erik Pineda Nov 05, 2012
Six young Australians with Islamic backgrounds will be able to travel to Malaysia, and vice versa, to hone their leadership skills as well as develop a stronger understanding of other cultures and faiths after Australian Foreign Minister Senator Bob Carr signed a joint Australia-Malaysia cultural exchange programme with Malaysian counterpart, Anifah Aman, over the weekend.
Esther Tanquintic-Misa Nov 05, 2012
Two years after 200 countries, during a United Nations climate conference in 2010, agreed to control their respective carbon emission contributions to below 2 degrees Celsius or 3.6 degrees Fahrenheit, much has yet to be really accomplished, much more acted and worked on, after a new analysis from (PricewaterhouseCoopers) PwC showed the annual rate of reduction of carbon emissions per unit of GDP has exceeded a critical threshold.
Esther Tanquintic-Misa Nov 05, 2012
Australia, whose abundant metals and minerals resources helped propel it to become one of the stable economies to withstand any rollercoaster financial crisis in the past years, has been found to be unfortunately getting sicker because of the environmental hazards brought about by mining these very resources.
Esther Tanquintic-Misa Nov 05, 2012
I'm going to make a bold prediction about the outcome of the upcoming U.S. election: The winner will be the guy who supports GMOs and bankster bailouts. Which candidate is this? Well BOTH of them, of course.
Jamelle Agbuis Nov 05, 2012
Bell FX Currency Outlook: The Australian Dollar retreated on Friday after trading on Friday afternoon over 1.0400 as concerns over the outcome of the US presidential election and the impending fiscal cliff in early 2013 overshadowed the better than expected US jobs figure for October.
Christine Gaylican Nov 05, 2012
Chevron's plans to import labour for its Gorgon liquefied natural gas (LNG) project has caught the ire of Australian Manufacturing Workers' Union, which claimed Australia has more than enough competent local workers following the fallout of several mining projects of big global companies.
Esther Tanquintic-Misa Nov 02, 2012
Third quarter earnings of Newmont Mining, the world's second largest gold miner, fell 26 per cent as operating costs escalated. A production decline at its Indonesian and Australian/Pacific mines also contributed to the drop.
Esther Tanquintic-Misa Nov 02, 2012
Queensland motel and hotel operators are now empowered by the state government to deny or evict room occupants they believe are sex workers conducting business within their premises.
Erik Pineda Nov 02, 2012
An assortment of positive economic reports strengthened investor optimism ahead of Friday's key employment report, and stocks held onto broad morning gains heading into the market's close.
Christine Gaylican Nov 02, 2012
Bell FX Currency Outlook: The Australian Dollar is stronger on improved global sentiment due to positive economic data released in the US and China.
Christine Gaylican Nov 02, 2012
Come 2013, electricity network companies in Australia will begin the tedious process of determining how much each household and business will pay for their electricity consumption based on the new infrastructure that need be constructed in the next five years. Staggering electricity rates had been everyone's burden and change had been pushed in the legislature.
Christine Gaylican Nov 02, 2012
China and Russia believe they were "duped" to allow for military intervention in Libya, said former United Nations Secretary General Kofi Annan on Wednesday, and they are now "very hesitant" to intervene in Syria.
Lawrence Villamar Nov 02, 2012
Australian rare earths miner Lynas Corp announced on Wednesday its idled rare earths processing plant facility in Malaysian has been fully completed, with the second phase expansion already underway at 69 per cent.
Esther Tanquintic-Misa Nov 01, 2012
It won't be long enough when global miner BHP Billiton Ltd. eventually gets rid of most of its human workforce with the initial launch of its unmanned fleet of automated dump-trucks.
Esther Tanquintic-Misa Nov 01, 2012
Two leading MPs have faulted the Reserve Bank of Australia (RBA) for mishandling the bribery scandal that involved officials of Note Printing Australia (NPA) and Securency, which are under the direct supervision of the central bank.
Erik Pineda Nov 01, 2012
