BUSINESS

ZYL Ltd Fined for Continuous Disclosure Breaches

ZYL Limited (ZYL), an ASX-listed metallurgical coal exploration and development company, has paid a total penalty of $66,000 after the Australian Securities & Investment Commission (ASIC) served two infringement notices on the company for failing to comply with its continuous disclosure obligations. The infringement notices pertain to an ASIC investigation into ZYL announcements on the Australian Stock Exchange (ASX).

The End of Australia’s Boom Economy

In the post-war era, there is the strong relationship between economic and electoral success. Despite having steered the nation through the 2007/8 crisis, Australia's left of centre Labour Party was defeated at the 7 September election 2013, primarily for other political reasons.

Energy Investors Take Note

These ominous words hit the finance sphere this week. If you've tuned in to the Daily Reckoning lately, you might think it was Family Wealth editor Vern Gowdie repeating his warning of a 90% stock crash. But these words actually belong to William White.

The Importance of Dividend Stocks for Your Portfolio

The stock market isn't just about how much money the Federal Reserve is printing. US earnings season is less than three weeks away. And expectations aren't pretty, reports our sister publication in the US, the 5 Minute Forecast.
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Email Reveals Hancock Prospecting Official Warned John Hancock He Would be Hunted Like a Criminal If He Didn’t Give Control of Trust to Mum Gina Rinehart

One of the email exchanges among members of the Rinehart family that billionaire Gina Rinehart tried to prevent from coming out in public was revealed on Monday. The email was written by Jay Newby, chief financial officer of Hancock Prospecting, addressed to John Hancock, the estranged adult son of Australia's richest person.

Australian Stock Market Report – Afternoon 9/20/13

Despite 0.3 per cent fall today, this still was an eventful and largely positive trading week for many markets around the world. Local shares edged higher by 1.08 per cent, US stocks are up 1.69 per cent and Germany's DAX is 2.1 per cent firmer (both the US and German markets have one session remaining this week).

Australian Stock Market Report – Midday 9/20/13

The Australian market cracked through a five year high on Thursday, thanks to the announcement of continued stimulus from the US central bank. Investors are taking a breather today, with local stocks down around 0.4 per cent.

iOS 7 Step by Step Guide: 5 Things to do on Your iPhone, iPad and iPod

Apple did not just reveal their two handsets, iPhone 5s and iPhone 5c, but it also provided a sneak on the new iOS7. Following the sneak peak, the new iOS 7 came this September 18. Now people can update their iPad, iPhone and iPod with the new operating system.

The Devil Stole Prada

Three robberies within 48 hours hit different retail outlets in Toronto, Canada. In the latest incident, keeping with the high-end character of the fashion outlet, the robbers rode a white BMW X5 and stole $100,000 worth of items on Wednesday from a Prada shop.

Apple Inc. (AAPL) Stocks to Gain Momentum After September 2013?

Apple Inc (NASDAQ:AAPL) remains one of the most widely followed stocks in the world despite critics saying that Apple is no longer an innovative company with the recent launch of its latest products, the iPhone 5C and iPhone 5S.

Papal Cologne: Pope Francis is Now in a Bottle … His Scent at Least

Pope Francis is now in a bottle. Well, his scent at least. American fragrance maker Excelsis Fine Fragrances has released a new scent that pays homage to the "humble and down to earth" personality of the half-year old supreme pontiff of the Roman Catholic church. A dab of this scent would probably make someone smell heavenly, or smell like a saint. Just hope it won't make criminals smell as appealing too.

New Zealand Job Turnover Rates One of World's Highest

New Zealand has the fifth highest job turnover rates in the world, according to the Kelly Global Workforce Index. Experts said that New Zealanders are willing to take risks and change jobs more often in a reviving economic environment.

Australian Stock Market Report – Midday 9/19/13

The Australian share market is hovering at 5 year highs at lunchtime in the East on Thursday, following a spectacular night for US stocks which saw the Dow Jones Index close at a record high.

We Have Dodged A Bullet

By Greg PeelIn the past two months, the US economy has shed 347,000 jobs, notes the UK Telegraph's Ambrose Evans-Pritchard, roughly comparable with the rate of loss seen post-GFC.

Australians Opt for Wine as Beer Consumption Dips to 66-Year Low

With Tourism Australia pushing for Australian wine and food through the Restaurant Australia campaign and official government statistical data confirming more wine exports to China, it is little wonder that beer drinking in the country down under is going down.

You Can’t Cover Up Bad Monetary Policy

I was in Uruguay and then Buenos Aires, Argentina, last week. I met with a variety of interesting people on my trip. One of them is a guy who writes a blog from Buenos Aires, OfWealth.com, under the pen name 'Marco Polo'.

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