BUSINESS

Gold And The Yellen Factor

By Jonathan BarrattWe have been focused on the reasons as to why gold has not benefitted from US fiscal mismanagement.
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Australia-India Nuclear Trade Talks Soon: What’s in store?

Australian Prime Minister Tony Abbott will meet his Indian counterpart Dr. Manmohan Singh on the sidelines of the India-ASEAN and the East Asia Summit Oct 9-10. Top on the agenda will be the need for finalisation of a nuclear deal between the two countries. The External Affairs Ministry has already said that the two countries are hoping to hold a third round of nuclear cooperation talks in Dec 2013.

Eight Policemen in Wentworthville Fire: Heroes Who Risked Lives to Save Possible Suspect

8 police officers who risked their lives by entering a burning building in Wentworthville, New South Wales (NSW), Australia on Oct. 8, 2013 to help people who were trapped inside have been praised as heroes for their brave act. However, the man they saved, 36-year-old Jomaa Market store owner Chadi Jomaa, could be the one who started the fire in the first place.

Japan to Open Marine Mammal Park; Visitors May Not Only Swim with Whales, Dolphins but Can Eat Them Too!!

A marine mammal park has been set to be constructed and launched within five years in Taiji, in Wakayama Prefecture on the south-west coast of Honshu. Visitors will get to swim alongside marine animals whales and dolphins. However, there's something more - visitors can also eat the animals' meat, a project sure to catch the ire of animal lovers and protectors.

Australian Stock Market Report – Midday 10/9/13

The Australian sharemarket is down for the fourth straight day, with the All Ordinaries Index (XAO) down 0.1 per cent. The US government shutdown has entered day eight and we're only nine days away from the debt ceiling deadline (US will run out of cash to keep economy running unless ceiling raised).

Could Stocks Blow Up 13% Plus?

By Peter Switzer, Switzer Super ReportOne of the great tragedies of US history was the Hindenburg disaster.

No End In Sight For Debt Ceiling

By Kathleen Brooks, Research Director UK EMEA, FOREX.comRumours that the US Congress would reach a deal to extend the debt ceiling, albeit only for a few weeks, ended up being hopeless optimism, after the Republicans held a press conference with the hash tag #letstalk in the background.

New South Wales Supermarket Explosion

An explosion rocked a two-storey building on Station Street in Wentworthville, New South Wales (NSW), Australia at around 4:30am on October 8, 2013. The building reportedly contained residential units on top of an Afghan supermarket.

Coca-Cola To Introduce One-Stop Food 'Ekocenters'

By end 2015, the Coca-Cola Company, popularly known as Coke, will be launching 1,500 to 2,000 Ekocenters or mini one-stop shops that will supply cooked meals, clean water, power, Internet, vaccines and Coke products to 20 developing countries, which including Africa, Asia, North America and Latin America.

Japan Airlines, Airbus Enter Purchase Agreement; is Boeing Doomed for the Pits?

In what could be a major blow to U.S. plane maker Boeing (BA), Japan Airlines on Monday announced it has finally decided to purchase 31 A350 wide-body jets from Airbus, with a worth placed at $9.5 billion. Moreover, the purchase agreement between the two companies has options for a further 25 aircraft.

JAL – Airbus Deal to be One of the Biggest Aircraft Deal

For the first time ever, Japan Air line placed a deal with Airbus. Airbus, Giant Aircraft maker has too agreed with the deal for 31 long-haul A350 jetliners having a price of $9.75 billion. The agreement on Monday predicts that the deliveries will start in 2019 and new planes will be rolled over six years.

Samsung Predicts Profits of $9.3Billion for Q3

Samsung Electronics Co., the top smart phone maker, came in to existence in 1938. It tried its hand in diversified branches such as construction, textiles, insurance, securities and retail.

Toyota Corolla: Australia's Most Preferred Car

Toyota Corolla automobiles are selling like hot cakes in Australia. This car brand could propel the company to the coveted position of the best-selling car in the country, an accomplishment enjoyed by Toyota for almost a decade now.

Australian Stock Market Report – Midday 10/8/13

Australian stocks remain in the red for a third consecutive trading session, after Wall Street closed lower overnight on budget concerns. The US government shutdown has now entered its seventh trading day, or second week, and is starting to rattle investor sentiment. The Bank of America added to investor worries over the weekend by downgrading its fourth quarter US GDP (economic growth) forecast from 2.5 per cent to 2 per cent.

New Zealand PM John Key Defends Tourism Campaign as Business Confidence Climbs to 14-Year High

New Zealand Prime Minister John Key came to the defense of the country's tourism campaign, "100 per cent pure New Zealand," in a conference in Bali, Indonesia ahead of the APEC summit. In the tourism conference focusing on sustainable development, Mr Key said the 100 per cent pure campaign continued to be a success when it was first used to promote New Zealand in 1999.

Pollution, Smog Mar China Week-long Holiday

What could have been a peaceful and relaxing week-long holiday for residents turned otherwise when northern China was again surrounded by fog and pollution on Sunday. The situation was so extreme that authorities had to suspend air flight operations as well as closed at least six expressways.

More Financial Woes for BlackBerry As Shareholder Files Class Action Lawsuit

More woes continue to hound the Waterloo, Ontario-based BlackBerry after a shareholder filed over the weekend a class action lawsuit against the troubled tech firm and two executives. The shareholder charged them with inflating the stock price by providing misleading financial information of prospects of the firm's BlackBerry 10 smartphone line.

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