The National Broadband Network (NBN) roll out is heading the right direction, according to NBN Co chief executive Mike Quigley and more will be accomplished once its $11 billion deal with Telstra Corporation gains approval from the competition watchdog.
Notwithstanding Rupee prices of gold striking record highs of late, gold imports of India could still reach 1,000 tonnes for 2011.
Major economies need to contribute in resolving the European financial crisis, including Australia, which according to Reserve Bank of Australia (RBA) governor Glenn Stevens, is set to absorb significant impacts of spillovers from Europe.
Australian rare earths developer Arafura Resources had backed out from a planned $74 million share sale as the continuing instability in the global markets have affected the company's share prices.
China's continued crackdown to clean and regulate its rare earths metals (REM) sector have produced a list of the first 15 REM enterprises that have passed the environmental protection check-up and obtained clearance to operate.
Prime Minister Julia Gillard is bound to enjoy more sleep in the weeks ahead as a new ally was installed as House Speaker on the last day of Parliament session, further boosting her chances of running a full term, experts said.
Federal Treasurer Wayne Swan cleared on Friday SABMiller’s $9.9 billion takeover of Australian beer icon Foster’s, leaving only one brand as the country’s wholly-owned brewery.
The Duchess might be one of the most fashionable icons of the present world, but it doesn't mean she does not have her bad days when it comes to style.
Bell FX Currency Outlook:
The Australian dollar traded near a seven week low during yesterday's session as ongoing concerns over the European and US situation weighed.
Ahead of a political debate sponsored by The Courier-Mail in Queensland, leaders in the Australian state have laid out their vision for the coming years.
Sign language as well as 14 other languages would soon become a part of Australia's National Curriculum.
The Duchess of Cambridge sure has caused quite a stir in the fashion world, but is she ready for Britain's most coveted style showdown?
The Australian sharemarket lost ground for the fifth straight day today however did quite well to only fall modestly. The All Ordinaries index (XAO) eased by 0.3 pct or 10.5 pts to 4115.3. Shares were actually in positive territory for around two hours today only to give away those gains in the last hour and a half of trade.
In light of the continuing case for a fundamental change in Britain's media policy, parents of missing child Madeleine McCann have been called to court Wednesday for their testimonies.
Sometimes, watching the stars on the red carpet is just as good as watching the whole award show itself; such was the case for the American Music Awards.
China, the world's second-largest economy and also the world's largest consumer of iron, in a bid to manipulate the global pricing of the raw commodity, is set to launch the first iron ore physical trading platform by yearend.
Anticipating global demand for iron ore will dip further in the coming years, JPMorgan Chase & Co. has slashed its own price forecast for the steelmaking commodity by 10 per cent to 15 per cent for the next five years.
The 12-member supercommittee, as it is called, has clearly failed to end their talks as expected.
Turkmenistan has agreed to increase its annual natural gas supplies exports to China by 25 billion cubic meters, or a total of 65 billion cubic meters a year.
The ‘Arab Spring’, which continues its rattling campaign in the Middle East and North African regions, may have finally triumphed in Yemen as its president abandoned all defiance and agreed to a deal that would pave the way for his gradual exit from power.
Seeing Australia's potential as a vast, emerging economy, the Industrial and Commercial Bank of China (ICBC) gears to provide more banking services to its growing clientele by opening branches in Melbourne and Brisbane next year.
It looks like that securing a deal with the Australian Green Party on the newly House-approved mining tax came with a heavy price for banking customers, Australia’s banking alliance said.
The Australian sharemarket is a touch lower at lunch with the All Ordinaries index (XAO) down by only 0.1 pct or 3 pts to 4122.8. This an impressive performance for local shares considering that global markets took a battering overnight with European stocks trading at their lowest levels in 7 weeks after a failed bond auction by the Germans (this is one of the ways that governments raise funds).
Don't expect spending on the pentagon to decrease. Not with US national security at stake. And not with China posing an ever- greater threat.
The details of the $100-million pay-off between the Greens and the Labor government in exchange for the former's support of the mining tax are no longer secret.
Hong Kong-based holding company, CITIC Pacific Ltd., expressed disappointment that Australia included magnetite iron ore in the list of minerals contained in its proposed minerals resource rent tax (MRRT).
Aviation seems to be the key to improving the economy, and Dubai is no exception. The city in the United Arab Emirates has plenty of things going on with its logistics and aviation industry, propelling it to be a global logistics and aviation hub in short time.
Following reports of arranged marriages that recently involved a young Australian girl, the federal government said on Wednesday that it plans to put a stop to the practice it calls as tantamount to sex slavery.
Russia warned the United States on Wednesday that it could be inviting trouble with the latter’s plan of stationing missiles sites in Europe, purportedly as a form of deterrence and defence against the growing nuclear capability of Iran.
It was a mammoth oversight too expensive to ignore.Vale SA, presumably eager to capture a big chunk of the world's global demand of iron ore from the world's biggest consumer, jumped on the gun sometime in 2008 and worked to build its own fleet of commodity ships that will carry iron ore to China from South America. Its Vale Brasil has been recognized as the biggest commodity ship ever built.
