James Kong

31-60 (out of 427)

Goodman Fielder knocks profits down on competition, floods

Bread giant Goodman Fielder has announced a reduction in its expected profits following a "soft" third quarter, with businesses affected by retailer competition between Coles and Woolworths, fallout from the floods, commodity costs and the high Australian dollar.

ABF interim results: George Weston ‘disappointing’

Shares in Associated British Foods tumbled in morning trade yesterday after the George Weston and Don/KR Castlemaine parent company cut its full-year profit outlook, despite an improved first-half performance from its sugar and grocery businesses.

Updates: Macarthur Coal/Bradken

As expected, the flooding and big wet across Queensland since January has put a big hole in the production and sales performance of Macarthur Coal in the three and nine months to the end of March.

Japan: S&P’s Odd Warning

Strangely, Standard & Poor's yesterday put Japan on a creditwatch negative because of uncertainty about the amount of spending and borrowing for the reconstruction of the damage caused by the March 11 quake and tsunami and the impact of the Fukushima nuclear crisis.

Australia: Inflation Up, As Expected

Headline inflation was a bit stronger than expected in the March quarter, but that won't force the Reserve Bank's hand at its May meeting next Tuesday.

U.K. Economy Recovers, Sterling Robust

The U.K.'s Office for National Statistics earlier today released 1st quarter GDP results for the U.K. economy, and as forecast by economists' consensus, the economy expanded 0.5%.

Eurozone Budget Deficit Shrinks, Dollar Bears Return

It was reported earlier today by Eurostat that the Eurozone's aggregate budget deficit was lower in 2010, attributed primarily to significant cost and budget cutting efforts by the various economies which make up the bloc.

Smart Investing - Family ties

Marriage and divorce statistics from the ABS concentrate on what many might describe as traditional or conventional relationships.

Female focus needed for finance sector

Gender diversity in the finance sector is not being addressed properly and could lead to worsening talent shortages, warns global finance careers website eFinancialCareers.

Fastest way to crush credit card debt

Proposed new laws on credit cards will help limit the dangers of plastic, but for those already suffering from that dirty four-letter word known as 'debt', here are some tips to clear your balance quickly.

The dangers of interest only loans

An interest only loan can seem like a great idea at the time – but there are plenty of risks involved in buying a property with a loan that fails to pay off any principal.

Will Big Ben Lift The Dollar?

On Wednesday, Ben Bernanke will preside over the Federal Reserve's first press conference ever, which will give him the perfect opportunity to quell any potential market volatility arising from the monetary policy statement that is to be released that morning.

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