Truth About Oil & Gas Prices and the Economy
Oil and gas prices have been going up, and the whole thing continues to take up an important piece of the spotlight.
The Overnight Report: The Prodigal QE3
By Greg PeelThe Dow rose 160 points or 1.2% while the S&P gained 1.4% to 1416 and the Nasdaq added 1.8%.
Cancer Society Criticises Hike of New Zealand Tobacco Export to Australia
The Cancer Society is against the planned increase of New Zealand export of tobacco products to Australia. While the hiked production of cigarettes would lead to the creation of 50 new jobs in the next 24 months, it would also cause the loss of 20,000 lives yearly in Australia, Cancer Society Health Promotion Manager Jan Pearson said.
Australia Post Launches Digital Mailbox
In a bid to further modernise the operations of its post office, Australia Post announced on Monday the launch of the online digital mailbox.
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Commodities: Gold Sparks, One Forecast Sees Big Rise Ahead
Still, TDS describes the commodity picture as "positive" for the longer term.
Australia’s Qantas Partners with China Eastern Airlines to fly Jetstar Hong Kong
Frequent riders of budget airliners flying short-haul routes in Asia have another airline alternative to use as Australia's Qantas Airways Ltd. and China Eastern Airlines Corp. announced the establishment of a joint venture (JV) that will give birth to a Hong Kong-based budget airline craft.
Markets: Was Last Week A Breather, Or A Warning?
Was last week a reminder to the bulls that the rebound is becoming overbought, or were the big falls (especially in Europe) a timely warning that the problems which gave us the miserable final quarter for 2011 (and 2010) are still with us?
Commodities Set to Absorb Losses Over China’s Cooling Down Efforts
Commodities-focused firms have reasons to worry as analysts were in agreement that China is headed this year to a soft landing, early on announcing to limit its growth by no more than 8.5 percent as expressed when the National People's Congress reconvened this month.
Qantas Tries Cooking Oil for Test Flight
Qantas will use vegetable cooking oil for a historic test flight between Sydney and Adelaide on April 13.
Rudi's View: Gold Is Insurance
(This story was first published on Wednesday, 21st March 2012. It has now been re-published to make it available to non-paying members at FNArena and to readers elsewhere).
Australian Stock Market Leads - 03/26/2012
The positive leads from global markets led by the rise in the U.S. equities Friday have not provided enough boost to prop up the sentiment in the Australian stock market early on Monday.
Week Ahead: Searching For The Next Crisis?
By Kathleen Brooks, Research Director UK EMEA, FOREX.com• Searching for the next crisis• What's driving the dollar?• Europe: what happened to the LTRO?A couple of weeks ago the market was able to shrug off the prospect of a Greek default and a sharply rising oil price.
Airbus, Boeing Urge EU to Delay Emissions Trading Scheme Roll Out
Boeing joined the chorus of opposition against the now controversial emission trading scheme of the European Union (EU) and called on Brussels to seriously reconsider the economic implications of its new regulation.
‘Small Car Syndrome’ Most Prevalent Among Young Women: Survey
You've heard of small man syndrome, but do drivers of small cars suffer from a similar need to overcompensate for their vehicle's diminutive dimensions? According to a study commissioned by local insurer AAMI, the answer is yes.
Samsung Admits Delays on Galaxy Note Android Update
The long wait for the Android 4.0 update for Samsung's Galaxy Note has been further extended, with the giant Asian mobile device maker admitting this week that Ice Cream Sandwich's (ICS) arrival will be delayed.
2013 Maserati Quattroporte Successor Spy Shots
The successor to the Maserati Quattroporte has been spied testing on an icetrack in Sweden.
Australian Property Hits a New Kind of High
Australia's property obsession is reaching a frenzy. There is talk of a being able to bet on a new property index, clearance rates are making news alongside gossip columns and some analysts are warning of an impending crash.
Economies: Indian Budget Fails To Help Sagging Economy
India has long been touted as the next coming emerging economy, and judging by the performance up to last year, it was a contender.
Retail: It’s Tough, But Not As Bad As The Under Performers Say
With the reports in the past week from Myer, David Jones, Kathmandu and OrotonGroup we know Australian retailing had a tough six months or so at the back end of 2011 and early this year, but has it been as tough as much of the reporting and commentary suggested?
Feature: Big Investors Become Bullish, Again
They've been gathering strength now for a couple of months - February saw them start to sound very upbeat.
House Price Falls Continue in Most of the UK
UK house prices rose 1.11% during 2011, according to Nationwide. However in inflation-adjusted terms, UK house prices were actually down by 3.4%, following a series of annual house price drops during the past three quarters.
Qantas Insists on Keeping ‘Fleet Grounding’ Power
Qantas Airways has rejected a Senate proposal that would require the airline to first secure clearance with government regulators before it can implement fleet grounding like it did last year.
Quick Facts from Today's Google Doodle
Clicking today's Google doodle will take you to search results for "Juan Gris."
Woodside Reveals Impending LNG Shipments from Pluto Project
The $200 billion liquefied natural gas (LNG) fresh initiatives in Australia got another boost this week as Woodside Petroleum Ltd revealed the imminent shift to full production activity of its Pluto LNG processing facility in Western Australia.
The Overnight Report: Beware the Global Slowdown
By Greg PeelThe Dow closed down 78 points or 0.6% while the S&P lost 0.7% to 1392 and the Nasdaq fell 0.
Microsoft Sees Windows Phones Becoming Number 1 in China
Microsoft wants to dominate the smartphone market, not in the United States, but in China, which research firms said will take the spot as the biggest smartphone market in the world this year.
Report: Windows 8 Tablets Set to Start Testing the Market by Q4 2012
Windows 8 is set to hit the market by the last quarter of 2012, likely just in time for the holiday shopping spree that sellers target to boost their financial results before ending the year.
Westpac Survey Reveals Snags on Economic Growth
The Australian economy saw its slowest growth pace in the last quarter of 2011, according to the latest Westpac-Melbourne Institute leading index of economic activity, which paved the way for a measly growth rate at the start of the current year.
Retailing: David Jones Looks At Earnings, Sales Fall, Has New Online Ideas
David Jones hasn't been competitive with the emerging online retailing sector for years, and in the past six to eight months, its efforts in the analogue retailing space haven't been too flash either.
Retailing: Kathmandu Down On Big Fall, Oroton Punished For Profit Rise
And as we have seen, David Jones wasn't alone in delivering bad news to investors yesterday.
Resources: Boom Continues, But Slowing
Australia's mineral and energy exports will rise at a slower pace of 4.6% to $208.32 billion Australian in 2012-13, as demand for commodities slows in Asia and in China in particular.
RBA Justifies Higher Costs Pressure on Banks to Preserve Earnings
Australian banks were aiming to preserve their profit margins when the decision was made to move up interest rates, breaking away from the cash rate set by the Reserve Bank of Australia (RBA) in recent months.
The Overnight Report: Momentum Lacking
By Greg PeelThe Dow closed down 45 points or 0.4% while the S&P lost 0.2% to 1402 but the Nasdaq managed a slight gain.
Shock 'N' Oil
By Marco Annunziata, chief economist, General Electric Co.Oil prices are again on the rise ? will this derail the economic recovery? And what if there is an oil shock on the horizon? This column presents an overview of the oil market and its possible effects on the global economy.
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