BUSINESS

RBA Rate Cut Not A Given

By Greg PeelThe ABC's Alan Kohler noted last week that 20 of 21 economists surveyed were expecting the RBA to cut rates again next month following cuts in November and December.
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RIM Management Shake-Up Boots Out Long-Time CEOs

Research in Motion, maker of the struggling BlackBerry smartphones, announced on Sunday the resignation of the company's two CEOs following series of disappointments that saw the once leading firm lagging behind from competitors.

Rudi's View: The Weatherman Did It!

By Rudi Filapek-Vandyck, Editor FNArenaI spent most of my year-end break in New York with local citizens reminding me, every day, about the unusually mild weather.

Toyota Australia Axes 350 Jobs

Toyota Australia has axed 350 employees at its Altona plant in Melbourne, blaming the decision on current market conditions that include a high Australian dollar.

Deals: Danes Swoop On Australian Quiet Achiever

Coal processing equipment manufacturer and engineer, Ludowici has agreed to be bought by a Danish firm in a bid worth a total of $267 million, an announcement that saw the shares jump 91% yesterday.

The Economy: Producer Prices No Concern

The growth in producer prices slowed in the December quarter, a development some economists reckon gives the Reserve bank room to cut interest rates a fortnight today.

Markets: The Surge Goes On

So where will markets head now after the post Christmas rebound continued last week, defying the gloomy forecasts from the World Bank and other gloomy prognosticators?

What Will India Look Like In 2025?

Reshaping Tomorrow: What will India look like in 2025?By Ejaz GhaniWhat will India and other South Asian countries look like in 2025? The optimistic view is that India will achieve double digit growth rates but the pessimistic view is that growth will be derailed by several transformational challeng...

Reports: BHP, Lynas, Acmil

It will cost as much as some of the huge LNG projects currently planned or underway: at $20 billion and eight years, BHP Billiton's plans to expand its key iron ore port at Port Hedland, off the northern WA coast, will be gigantic by any measurement.

Apache to Acquire Cordillera Energy for $2.85 Billion

The Houston-based Apache Corporation, the oil and natural gas producer, has agreed to acquire closely held Cordillera Energy Partners III LLC for $2.85 billion in cash and stock, adding oil reserves in Oklahoma and Texas that can be exploited using hydraulic fracturing.

Daily Forex Forecast 01/24/2012

The Australian Dollar enjoyed some considerable upside movement yesterday, soaring above $US1.05 to a 12 week high against its US Counterpart.

A Coming Great Global Angst

By Richard (Rick) Mills, Ahead of the HerdAs a general rule, the most successful man in life is the man who has the best informationOur agriculture system is concentrated on producing a very few staple crops - there is a very serious lack of crop diversity.

Uranium Over-Excited?

By Greg PeelRBC Dominion Securities notes that global uranium mining stocks rallied 13% on average last week, spurring investors into believing that a uranium bull market will shortly be upon us once more.

Global Markets Overview - 24 January 2012

From Morrison Securities Pty. Ltd.: U.S. stocks edged lower, jeopardizing the Dow's four-session climb, as investors mulled the sustainability of this year's rally and watched Europe for developments connected to the region's ongoing debt issues.The Dow Jones Industrial Average fell 18.21 points, or 0.1%, to 12702 in afternoon trading.

3 Major Japanese Banks Eye Australia Home Loan Market

Three large Japanese banks are reportedly eyeing a share of the Australian home loan market by offering lower interest rates while Aussie lenders refuse to pass to borrowers made by the Reserve Bank of Australia (RBA).

WA is Australia’s Strongest State

An analysis by CommSec of Australia's states and territories' performance for the fourth quarter of 2011 showed that Western Australia is the strongest state in terms of economic performance.

Kraft to Layoff 1600 Workers as Company Splits in Two

American household name Kraft Foods said it would cut off 1600 jobs in the U.S. and Canada this year before it moves forward to splitting its giant business into two separate entities, the company announced in a statement.

Asian Migrant Workers Often Victim of Racism in Finance, IT Jobs

A survey made by Balance Recruitment in December showed that 30 per cent of workers in Australia's IT and finance sectors experienced racism. The discrimination was particularly felt by migrant workers from India, Sri Lanka, Bangladesh, Pakistan and China.

NZ Dollar Rises, Investors Await News on Greece Debt

The New Zealand dollar is performing well while investors are strategizing and leaving the euro, with Greek and European Union officials meeting to study the decisions made between private bondholders on how to lower Greece's borrowing costs.

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