BUSINESS

Reforming Visa Regime Can Bring 57 Million More Tourists to APEC Region and Create 2.6 Million Jobs by 2016, Says UN Report

The Asia-Pacific Economic Cooperation (APEC) region stands to gain between 38 and 57 million additional international tourist arrivals by 2016 from visa facilitation and could lead to 2.6 million more jobs in APEC economies. These are the findings of a research report released by the United Nations World Tourism Organisation (UNWTO). The findings of the report were presented at the APEC High Level Policy Dialogue held in Bali, Indonesia on Tuesday.
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Australia To Establish Its Quietest Hospital By 2016

By 2016, Australia will be having its quietest hospital. For completion in three year's time, the new Royal Adelaide Hospital will be housing 800 beds with state-of-the-art facilities, including a helipad sitting atop its southwest corner.

Indian Temples Reject Govt Call to Disclose Gold Holdings

The federal government of India, which seriously intends to cut the country's gold imports, has called on its many wealthy Hindu temples to disclose their gold holdings. But the institutions flatly rejected it, invoking the all familiar religious cliché 'God forbids.'

Gina Rinehart Stuns Court as She Ends Family Feud, Steps Down as Head of Family Trust

Gina Rinehart, Australia's richest person, stunned the New South Wales Supreme Court on Tuesday when she ended the prolonged family feud with her two estranged adult children. Ms Rinehart told the court she would step down as head of the Hope Margaret Hancock Trust as sought by John Hancock and Bianca Hope Rinehart.

Australian Stock Market Report – Midday 10/1/13

The Australian share market is trading slightly firmer at lunchtime in the East, as US lawmakers scramble to make an 11th hour agreement on budget changes ahead of the October 1 deadline. If changes can't be agreed, there will be a shutdown of many (mainly non-essential) US government services. The looming deadline impacted offshore trade overnight, sending the Dow Jones Index down 0.8 per cent.

Longer Term Weakness For Uranium?

By Greg PeelThe short burst of enthusiasm witnessed on the spot uranium market two weeks ago ran out of legs last week once the handful of prospective buyers were filled on their orders and left, industry consultant TradeTech reports.

Australian Stock Market Report – Afternoon 9/30/13

Sellers moved in on the Australian share market today, dragging the index from fresh five year highs reached on Friday. It was the worst one day session the Australian share market has experienced since the 3rd July. However the Australian share market notched up its best quarterly gain since September 2009, rising 9.3 per cent in the three months to September.

Australian Stock Market Report – Midday 9/30/13

It's been a predictable start to the week for local stocks. Sellers have made an impression by taking the index lower as investors weigh the debt ceiling on one hand and the implications for the Fed's tapering calendar on the other. The US Congress has not yet passed a "continuing resolution" to fund the US government beyond Monday 30 September which is the end of the US fiscal year.

First There Was a Smartphone Then a Smartwatch, Now a Smartrifle

The list of devices with the word smart appended to it is fast expanding. Beginning with smartphone, soon smartglasses and smartwatch followed. A smartcar that could drive or park by itself, while a U.S. company had introduced the smartrifle.

Australian Corporate Bond Price Tables

PDF file attached.Corporate bonds offer an alternative to equity investment in providing a fixed "coupon", or interest payment, unlike equities which pay (or not) non-fixed dividend payments, and a maturity date, unlike equities which are open-ended.

Alibaba Decides to Move IPO to the US

China's largest e-commerce company Alibaba Group Holding Ltd. is planning to go public in the US after it failed to reach an agreement with the Hong Kong stock exchange in regard to a listing there.

No More BlackBerry Phones in T-Mobile Stores

In yet another confirmation of the impending darker days ahead for the once top Canadian tech firm BlackBerry, T-Mobile U.S. said over the weekend that it would no longer have BlackBerry smartphones in its stores nor air ads for its slow selling devices such as the Z10.

Australian Stock Market Report – Afternoon 9/27/13

The Australian share market defied the gloomsters today, to notch up a third consecutive session of gains taking stocks to a fresh five year high. It was also the seventh weekly win for the share market.

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