POLITICS & POLICY

Asian Gold Prices Down

As fresh concerns rose over the massive fiscal crisis that continue to cripple the eurozone particularly Italy and Greece, investors on Thursday went to a market frenzy as most cashed their investments prompting Asian gold prices to go down.

Australian Dollar Outlook - 11/11/2011

Bell FX Currency Outlook: The Australian dollar has opened this morning fairly unchanged at USD1.0150 as worries over Europe's ability to handle its debt crisis abated somewhat.

Australian Stock Market Report - Midday 11/11/2011

There was a little bit more optimism on global markets overnight after Greece got a new Prime Minister and Italian borrowing costs stabilised. However the local share market has given up early gains to trade flat at lunchtime in the East.
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Global Markets Overview - 11/11/2011

From Morrison Securities Pty. Ltd. U.S. stocks rose to session highs as hopes for the beleaguered labor market and clarification about France's credit rating buoyed investor sentiment. Trading was choppy as investors earlier Thursday fretted about France's credit rating.

Getting to Know Steve Jobs: The In Depth Biography

Walter Isaacson has been making waves in the literary community recently for his book on the life of one of the most iconic figures of this century. Steve Jobs' biography has been on nearly every "best seller" list since it came busting through the gate.

Charitable Celebrities And Their Causes

These days, having a charity when you're a celebrity is practically mandatory.Here's a list of the top 5 celebrities who have done their part in making the world and this might surprise you: Angelina Jolie, though completely active and visible in her advocacies, is not on the list.

Assange's Mother to Protest Obama’s Australia Visit

Besides carbon tax protesters who promised to make their voices heard when U.S. President Barack Obama visits Australia next week, the mother of Wikileaks founder Julian Assange will also hold a protest outside Parliament House.

Australian Stock Market Report - Midday 11/10/2011

Investor focus appears to have turned from Greece to Italy, with fear gripping offshore markets overnight. US and European share markets were heavily sold off after Italian borrowing costs (10 year bond yields) rose to 7.5pct, the highest level since the Euro was launched in 1999. Any figure above 7pct is psychological because that was the level which heightened worries about Greece, Ireland and Portugal and all three countries eventually needed a bailout. The Dow Jones Index closed down 3.2pct ...

Australia's Housing Finance Commitments Picks Up

Australian Bureau of Statistics (ABS) housing finance figures for September 2011 show in trend terms that the number of finance commitments increased for the fifth consecutive month; the September increase was 1.2 percent.

Global Markets Overview - 11/10/2011

From Morrison Securities Pty. Ltd. U.S. stocks slumped as a surge in Italian bond yields put the spotlight back on euro-zone sovereign-debt issues. Leading the declines were financial and materials stocks. J.P. Morgan Chase fell 5.9% and Bank of America declined 4.4%. Hewlett-Packard was also weak, shedding 5.4%, while Alcoa was off 5.2%.

Pre-Holiday Special: Luxurious Gifts of 2011

If you're interested in a little bit of window shopping before Christmas, might as well window shop with the best of them right. These are the most luxurious, most exclusive gifts you can find under your tree this year.

World Demand for Oil Seen to Peak Before 2020: Report

Triggered by a number of regulatory policies promoting energy efficiency, coupled with new technology, biofuel use and increasing concern for climate change, the world's demand for oil may peak before 2020, new research suggests.

Glamour Fest Celebrates Strong Women

Every year, Glamour looks to women of all ages who have accomplished something quite remarkable and honours them for their intelligence and spirit.

IAEA Report Links Iran Nuclear Program to Military Use, Iran Enraged

The International Atomic Energy Agency (IAEA) released Tuesday a report containing information indicating Iran had conducted activities to develop a nuclear explosive device. Iran's President Mahmoud Ahmadinejad called the report a fake and accused IAEA director general Yukiya Amano of being a U.S. puppet.

Gillard Claims Abbott has No Intention of Repealing Carbon Tax

Despite Opposition leader Tony Abbott's vow to repeal the carbon tax if he comes to power, Australian Prime Minister Julia Gillard claimed in a question-and-answer portion at the CarbonExpo conference in Melbourne on Wednesday that Mr Abbott will not repeal the tax.

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