BUSINESS

Atlas Iron, QR National to Launch $3.5-Billion Rail Link in Pilbara

Atlas Iron and QR National launched on Thursday the $3.5-billion Pilbara railway through the start of a feasibility study to build the 600-kilometre multi-user rail link to transport iron ore from the east and southeast Pilbara to shipment facilities at Port Hedland.
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China: Manufacturing Sees Small Recovery

Another month of contraction for Chinese manufacturing, but the chances of so-called soft landing for the economy have been reinforced by the latest flash estimate on sentiment from the sector for April.

HTC One S: A Fast and Better Android Smartphone

HTC, the Taiwanese-based smartphone manufacturer recently announced the release of the newest Android smartphone called HTC One S and many experts are stating that this is one of the best Android smartphones released by the company.

Australian Stock Market Report – Midday 4/24/2012

The Australian share market has managed to shrug off weak offshore leads and fears of a mass sell-down to start the trading day on a positive note. US and European markets slumped overnight, as uncertainty surrounds the future of the French and Dutch governments. The local share market started the trading day on a flat note, defying predictions of a 0.6pct fall and at lunchtime in the East is trading firmer by 903pts or 0.2pct to 4439.6.

Uranium Sellers Sensing Strength

By Greg PeelThe market for spot uranium seems destined to reach some sort of meeting of the minds which could result in more solid volumes, but not just yet.

Potential Break Out For EUR/USD

FNArena has added another video to its Investors Education section on the website. The latest video explains why EUR/USD continues to have Jerry Simmons' full attention as the cross is facing key weekly resistance at 1.

May Cut Locked In, And Maybe June?

By Greg PeelBy way of its April monetary policy statement the Reserve Bank of Australia was uncharacteristically candid in basically telling the market a rate cut was on the cards for May as long as the March quarter CPI result didn't surprise to the upside.

Australian Stock Market Report – Midday 4/23/2012

The Australian share market has started the trading week on a subdued note, despite gains on US and European markets late last week. At lunchtime in the East, the All Ordinaries Index (XAO) is down 11.8pts or 0.3pct to 4432.6.

WA is Australia’s Best Performing State

Western Australia is the best economic performer among the different states and territories in the country, the latest report of Commonwealth Securities (CommSec) released on Monday said.

China: Soft Landing Looming

China isn't crashing, it's slowing and there's been a turnaround in sentiment (judging by the latest Bank of America/Merrill Lynch Fund Managers' Survey).

Markets: Big Global Investors Get Wary

The bulls of January through March have gone a bit shy, judging by the latest results from the Bank of America Merrill Lynch Survey of Fund Managers for April.

Retail: The Coming Change Is Clearer

Slowly, the shape of retailing is changing as more of the world's biggest groups abandon the 'big is best' approach in favour of smaller stores, more savvy internet offerings and a slower rate of new store openings.

Coca-Cola Profit Grow Beyond Analysts’ Estimations

The consumption of Coca-Cola Company's countless beverages in India led to a growth in its sales around the world in the Q1, where volume soared 20 percent. The growth has definitely pushed the company's earnings above what the analysts' expected, that is, to $2.05 billion, or 89 cents a share, in the quarter ended March 31, compared with 82 cents a share in the same quarter last year.

1.2 Million Aussies Victims of Credit Card Fraud in 2011

About 1.2 million people or 7 per cent of the Australian adult and teenage population were victims of credit card fraud in 2011, an Australia Bureau of Statistics (ABS) survey found. Their loss was equivalent to $1.4 billion.

NAB Business Survey: RBA Needs to Cut Rates in May

Despite a slight improvement in business conditions in the first quarter of 2012, a National Australia Bank (NAB) survey released on Friday said that the data boosts the need for a Reserve Bank of Australia (RBA) overnight cash rate cut in May.

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