By Greg PeelThe Dow closed down 116 points, or 0.8%, while the S&P lost 1.0% to 1626 and the Nasdaq fell 1.
Admin System Jun 12, 2013
Toyota Australia reported on Tuesday after tax profit of $149 million for financial year that ended March 31. It ended a three-year losing streak for the Japanese carmaker.
Vittorio Hernandez Jun 12, 2013
Australian flag carrier Qantas and 10 other air carriers got the 7-star rating for safety and product quality in a new airline ratings Web site, AirlineRatings.com.
Vittorio Hernandez Jun 12, 2013
The local index was a conspicuous improver in the region on Tuesday for the fact that almost all other bourses ended lower. Investors dodged a bullet at the weekend with the release of some reasonable US jobs data. The figures were able to reassure the markets that the US economy is still creating jobs at a reasonable pace without escalating concerns about the Feds QE retreat.
Vittorio Hernandez Jun 11, 2013
Acer’s newest smartphone will inherit the legacy of not netbooks and personal computers. There are news already that Lenovo Group, Ltd. Is eyeing the mobile phones market and they are pushing through in 2014.
Precious Silva Jun 11, 2013
South Australia recorded the highest growth in the number of housing loans for the month of April. Overall, the country enjoyed a slightly adjusted increase of 0.8 percent compared to March.
Frances Samson Jun 11, 2013
Mr. Bernanke's price-fixing scheme ran over a speed bump. The Dow dropped 216 points. Just a jolt, for now. The brick wall is still ahead.
Jamelle Agbuis Jun 11, 2013
Several large shipments of genetically-modified (GM) corn and corn seeds originating from the U.S. have been destroyed by the Chinese government after being discovered by import officials at numerous locations across the country.
Jamelle Agbuis Jun 11, 2013
It seems that after all US households are getting stronger as newest findings indicated that they got out of the financial crisis woods. As total net worth of US households for the first quarter pleasantly surprised, we should remember that this positive trend was driven by a stronger real estate segment and improving stock market as well. Yet analysts note that many low and middle class households do not feel any improvement at all, facing increasing problems.
Jamelle Agbuis Jun 11, 2013
West Australian Newspapers, the company publishes the West Australian, Community Newspaper group and 21 other titles, is cutting 110 jobs by the end of this month. This was announced by company chief executive Chris Wharton to the staff today.
Frances Samson Jun 11, 2013
The Australian share market is slightly firmer at lunchtime in the East, following a mixed night on offshore markets.
Vittorio Hernandez Jun 11, 2013
They are light, incredibly thin, compact, portable and functional. Gone are the days when laptops are bulky and burdensome to carry. Now, people can carry the same functionality in a lighter and more battery-efficient version – ultrabooks.
Jun 11, 2013
Petitioners for Evasi0n 6.1.3 jailbreak can now heave a sigh of relief. Apple has unveiled iOS 7 to the raves and thrill of many iPhone, iPad and iPod touch users. This means evad3rs are getting ready to jailbreak the latest OS iteration thus far. First, guess what an evad3r has said about the latest design.
Arlene Paredes Jun 11, 2013
Pending an investigation, Newcrest Mining has promised to give its full cooperation and allow authorities to look into its disclosure record. The probe comes after share price of Newcrest Mining plummets to its all-time low in 30 years last week. The share price decreased by 15% as gold prices dropped as well.
Reissa Su Jun 11, 2013
A survey by the Center for Social Impact and NAB reveals that almost one in five Australians don't have access to basic financial services. This means they don't have at least two of the following: a basic bank account, a credit card, or basic home and car insurance.
Frances Samson Jun 11, 2013
A businessman from Brisbane sues tech giant Google for defamation claims. Jarrod Sierocki, 31, seeks to claim $2.6 million worth of damages for having his reputation destroyed online.
Reissa Su Jun 11, 2013
- Uranium spot price falls below US$40/lb- Spot market slow- Activity, but no sales in term markets- Probably more of the same until JulyBy Andrew NelsonStubborn uranium sellers have been holding off speculative buyers for a while now, unwilling to drop prices to get deals done.
Admin System Jun 11, 2013
American sportswear manufacturer Under Armour aims to double its sales to $4 billion by 2016, and one of its strategies is to expand its overseas market. To achieve that, the retailer would open its first Australian store in 2014 and could expand its strategic relationship with Rebel Sport, said Kevin Plank, founder and chief executive officer of Under Armour.
Vittorio Hernandez Jun 11, 2013
The Australian mining sector has been warned of iron ore price fall for the next six months. This was expressed by one of China's top steel makers Ansteel, as it also underscored the current struggles of the Chinese steel industry.
Frances Samson Jun 11, 2013
By Greg PeelThere was much speculation as to just how Wall Street might react to Friday's US unemployment data.
Admin System Jun 11, 2013
Green Energy Markets compiled government data to come up with an analysis of how Australia will be on track to sustain 22% of renewable energy by 2020. By 2050, the counry can achieve 51% sustainability on renewable energy.
Reissa Su Jun 10, 2013
More strike protests are expected to be staged by angered employees at the Qantas terminal of Perth Airport after 11 security screeners were locked out of their jobs for wearing "Paid Less in the West" t-shirts. Employees are protesting that their wages are lower compared to their interstate counterparts.
Frances Samson Jun 10, 2013
Asus Transformer Book Trio is a desktop, tablet and laptop in one. Aside from combining every computing device possible, the newest offering from Asus also runs on Windows 8 and Android.
Precious Silva Jun 10, 2013
What previously was a struggling industry in the United States is now a booming area. The auto industry just recently announced its plans of going on a hiring spree. Car makers and suppliers are on the hunt for technicians, engineers and factory workers to satisfy the increasing demand and build the next generation cars.
Precious Silva Jun 10, 2013
The answer of Andrew Liveris, Dow Chemical global chairman and chief executive, to that question is a resounding "Yes".
The chair of the Australia-US Business Council said that Australia is losing the ability to innovate and develop. Liveris said acknowledges that Australia has the resources and tools to discover new products and innovate.
Reissa Su Jun 10, 2013
The share price of Newcrest Mining falls to an all-time low in 30 years resulting in a $780 million loss for the company. Newcrest Mining blames the drop in gold prices on the company's decision to reduce spending by 20 percent.
Reissa Su Jun 10, 2013
Lack of stability and inappropriate funding for federal small business has led the small business shadow minister Bruce Billson to take up the issue for immediate solution.
Chandan Das Jun 10, 2013
The continuous decline of gold prices the past few weeks has caused Newcrest Mining, Australia's largest gold miner, to write down $6 billion in assets and downsize operations.
Vittorio Hernandez Jun 09, 2013
A new certified official update from Sony will be released on June 16 to Xperia S consisting of major fixes, system performance boost, Google Now and Project Butter.
Ryan Inoyori Jun 09, 2013
BHP Billiton (ASX: BHP) just finalised the sale of its interest in the $45 billion Browse liquefied natural gas project in Western Australia. The number 1 miner sold its interest to PetroChina for $1.7 billion.
Vittorio Hernandez Jun 09, 2013
