The Australian market opened slightly higher today but fell in and out of the red in the first few hours of trade. The by lunchtime the All Ordinaries Index (XAO) was only 7 points higher at 4,425 points.
Vittorio Hernandez Sep 19, 2012
Microsoft said on Wednesday that another fix on the freshly identified security hole in Internet Explorer will be dispatched in the next few days, insisting that the patch should temporarily protect millions of global users while engineers work for an IE update.
Erik Pineda Sep 19, 2012
Kraft Foods Australia has been pleased with the market take up of its belVita Breakfast biscuits. Launched in March 2012, research conducted in June 2012 by AC Nielsen Homescan showed market penetration of 10.9% (or more than one in ten) Australian households having tried the product.
Jamelle Agbuis Sep 19, 2012
The New iPhone 5, the latest smartphone of Apple Inc., will go on sale at company's retail stores in the U.S. at 8 a.m. local time on the 21st of September.
Jamelle Agbuis Sep 19, 2012
Maybe we're making this whole investment caper too complicated. You can analyse interest rates and currencies. You can talk about sound money and fair value. And you can look at technical trends and fundamental factors. But in the end, maybe we should just all buy Apple stock and quit while we're ahead.
Jamelle Agbuis Sep 19, 2012
One hundred years ago, the Titanic slipped below the frigid waters of the North Atlantic Ocean. That's roughly the same moment when the US dollar also hit an iceberg. In 1913, one year after the Titanic disaster, the US government passed the Federal Reserve Act...and the dollar's value has been sinking ever since.
Jamelle Agbuis Sep 19, 2012
Samsung has become a brand that is preferred and trusted by consumers despite the legal setbacks that the tech giant has been getting lately.
Erik Pineda Sep 19, 2012
Weak consumer spending continues to batter Australia's retail sector, causing a 40 per cent slump in profits for David Jones and some of the leading local retailers to considering moving out of the country.
Vittorio Hernandez Sep 19, 2012
Queensland miners have agreed to a compensation plan for the damage their dredging work cause to seagrass beds. The compensation would be used to protect the remaining healthy beds in other areas or restore damaged ones.
Vittorio Hernandez Sep 19, 2012
Pakistan is pushing through with the culling of 21,000 Australian sheep despite assurances from Canberra that the animals are healthy and a court injunction obtained by PK Livestock, the importer, which should temporarily save the lives of the sheep.
Vittorio Hernandez Sep 19, 2012
Wealthy clients across Europe could withdraw "hundreds of billions of francs" from their Swiss banking accounts over the next few years.
Lawrence Villamar Sep 19, 2012
Indonesia could soon surpass Germany and the United Kingdom to become the world's seventh largest economy, generating $1.8 trillion in annual gross domestic product, according to a recent report by McKinsey and Co.
Lawrence Villamar Sep 19, 2012
By Greg PeelThe Dow closed up 11 points, or 0.1%, while the S&P fell 0.1% to 1459 and the Nasdaq was flat.
Admin System Sep 19, 2012
- FMG announces very positive re-fi- Plenty of breathing space the result- Brokers upgrade ratings- Stock now even more highly leveragedBy Greg PeelAs at yesterday the spot iron ore price was trading around US$109/t which would have allowed Andrew "Twiggy" Forrest the chance to sleep a little better...
Admin System Sep 19, 2012
Following a weaker start to the day, the Australian sharemarket managed to gradually improve as the day progressed to end 0.1 pct or 4 pts higher to 4417.8. The miners, energy players and financials all lost ground today after leading the broader market higher yesterday.
Vittorio Hernandez Sep 18, 2012
According to the head of the Canadian Auto Workers, the union will focus on reaching an agreement with Ford Motor Co. as talks continue with all of Detroit's Big Three car makers with a strike deadline coming closer Monday night.
Jamelle Agbuis Sep 18, 2012
Citibank is currently disputing numerous claims which indicate that the bank took part in a fraud to get former partners Dewey and LeBoeuf to sign up for a loan course that financed their capital in the unsuccessful law company, in spite of understanding the critical economic circumstance being faced by Dewey.
Jamelle Agbuis Sep 18, 2012
It's been labeled as one of the primary reasons why job growth in the U.S. continues to lag, but apparently no one at the White House is listening.
Jamelle Agbuis Sep 18, 2012
In announcing QE3, Ben Bernanke's words betrayed not the slightest doubt that this is the right thing. More Fed bond purchases, combined with three more years of zero interest rates, he said, will quicken economic growth and cause unemployment to fall. And the punditry class all nodded in unison.
Jamelle Agbuis Sep 18, 2012
The Dow was up a paltry 53 points on Friday. Gold was flat.
Jamelle Agbuis Sep 18, 2012
Local stocks have retreated today, as the euphoric effects of the US Federal Reserve's latest efforts to stimulate the global economy start to wear off. Overnight US and European markets eased, while oil and gold prices also fell. In the early session, the All Ordinaries Index (XAO) is down 9.8pts or 0.2pct to 4412.
Vittorio Hernandez Sep 18, 2012
A new malware has been unleashed to hostage or pilfer data from computer systems running on Windows, Microsoft said on Monday.
Erik Pineda Sep 18, 2012
Good news for Yahoo! employees as they get to take home a new smartphone courtesy of the company.
Kristin Dian Mariano Sep 18, 2012
By Kathleen Brooks, Research Director UK EMEA, FOREX.comThe markets are trading with a risk off tone at the start of the week.
Admin System Sep 18, 2012
The automotive industry changes constantly. In Australia, the cost of raw materials and fuel is volatile, regulations are tighter and competition is greater. As a result, innovation is encouraged.
James Kong Sep 18, 2012
A study by the Australian Council of Superannuation Investors (ACSI) released on Tuesday identified the top 10 high-paid chief executives in the country. Number one on the list is BHP Billiton Chief Executive Marius Kloppers who earned $11.8 million in 2011 in wages alone.
Vittorio Hernandez Sep 18, 2012
FNArena has added another video to its Investors Education section on the website. This week ATW's Jerry Simmons looks at US stock indices, currencies, gold, oil and gas.
Admin System Sep 18, 2012
Victorian Premier Ted Baillieu is on an aggressive campaign to court foreign investments, particularly Chinese, through an ongoing week-long trade mission to the Asian economic giant.
Vittorio Hernandez Sep 18, 2012
The Pakistani government ordered on Monday the culling of 21,000 sheep from Australia after the animals were tested positive for salmonella bacteria and actinomyces, and declared unfit for human consumption.
Vittorio Hernandez Sep 18, 2012
A modeling released Monday by the Minerals Council of Australia warned of a 5 per cent contraction in the country's economy due to the cost crisis that threatens to halt mining mega projects. To counter the threat, the council pushed the federal government to commit to controversial policies to bring back its competitiveness.
Vittorio Hernandez Sep 18, 2012
