BUSINESS

By Greg PeelThe Dow fell 97 points or 0.8% while the S&P fell 0.5% to 1343 and the Nasdaq lost 0.6%.The US Federal Reserve has been adopting a new model of transparency under chairman Ben Bernanke's reign which, aside from Mr Bernanke's four-a-year press conferences, now includes disclosur...

Admin System Feb 16, 2012

U.S. stocks were on pace for their steepest fall of the year, as questions about the latest Greek bailout added to concerns about industrial stocks. The Dow Jones Industrial Average tumbled 111 points, or 0.9%, to 12768, in late Wednesday afternoon, after rising for five out of the past six days.

Christine Gaylican Feb 16, 2012

There's no stopping the Apple Inc. express. Apple, the world's top tech company by market value, passed by nemesis and supplier Samsung Electronics to become the world's biggest smartphone vendor in the fourth quarter of 2011.

Carlo Fernandez Feb 16, 2012

A recent report done by Janus Corporate Solutions revealed that Singapore was placed first as the "easiest place to do business in the world". This is in contrary to the results published by Forbes Magazine in their "2011 Best Countries for Business" feature. Despite the difference in results, Janus Corporate Solutions stands firm in their report stating that Singapore is much more superior as compared to Denmark in terms of doing business.

Mary Elaine Ramos Feb 15, 2012

Demand among Australian businesses for credit has plummeted to a four-year low, a survey by the National Australia Bank (NAB) showed. Enterprises that required no credit went up to 67 per cent from 64 per cent.

Vittorio Hernandez Feb 15, 2012

Fresh from the hold on cash rate implemented by the Reserve Bank of Australia (RBA) last week, consumer confidence appeared to have gained in the past two months, according to the latest Westpac-Melbourne Institute consumer sentiment index.

Erik Pineda Feb 15, 2012

The Australian Competition and Consumer Commission (ACCC) ordered on Tuesday giant telco Telstra Corporation to reduce the wholesale pricing of its asymmetric digital subscriber line (ADSL) service.

Erik Pineda Feb 15, 2012

The Adani Group, an Indian conglomerate, is planning to build a new open-cut and underground mine in Queensland. The Carmichael Coal Mine, touted to be the largest in the Australian state, would be mostly on the Moray Downs cattle station about 100 kilometres north of Emerald.

Vittorio Hernandez Feb 15, 2012

Australian cities are some of the most expensive places in the world, according to the latest Economist Intelligence Unit's (EIU) Worldwide Cost of Living 2012 report. The roster, released on Wednesday, ranked Sydney as the 7th and Melbourne the 8 th most expensive global cities.

Vittorio Hernandez Feb 15, 2012

The Australian share market is trading flat at midday in the East, following a steady finish on US share markets overnight. European stocks slumped in response to ratings downgrades from agency Moody's and while US stocks had been lower in early trade, they rallied into the close to finish relatively unchanged. The All Ordinaries Index (XAO) is down 2.3pts to 4316.6 at lunchtime.

Vittorio Hernandez Feb 15, 2012

After hiking its interest rate by 10 basis points on Monday, Commonwealth Bank of Australia (CBA) reported on Wednesday a 19 per cent increase in profit compared to a year ago. CBA registered a record profit of $3.624 billion for the December half.

Vittorio Hernandez Feb 15, 2012

Kia Motors has released official sketches of its all-new luxury sedan, which the carmaker says will define new standards for design and flair in the large car segment.

Jamelle Agbuis Feb 15, 2012

Upbeat news yesterday from the economy with business conditions and confidence improving and good weather conditions in the past month or so helping rural areas and boosting the size of the 2011-12 wheat crop to an all time high.

Jamelle Agbuis Feb 15, 2012

The downside of the domestic economy and the minerals sector were seen yesterday in the results of midcap building products group GWA and nickel miner Western Areas.

Jamelle Agbuis Feb 15, 2012

A week after reporting massive profits and more spending on expanding their huge WA iron ore operations, BHP Billiton and Rio Tinto yesterday revealed they would spend around $US4 billion ($A3.75 billion) on the huge Escondida copper mine in Chile which accounts for around 8% of total annual global production.

Jamelle Agbuis Feb 15, 2012

The Australian stock market on Wednesday will try to put away the lacklustre sentiments generated by the U.S. and European indices overnight with a focus on a few earnings reports due to be released today.

Christine Gaylican Feb 15, 2012

The Samsung Galaxy S3 is definitely one of this season's phones to watch and to help you with the gamut of news articles and rumors circulating the Internet here are some of the more prevalent speculation about the Galaxy S3

ranina sanglap Feb 15, 2012

From MORRISON SECURITIES PTY. LTD: U.S. stocks fell Tuesday as investors considered weaker-than-expected retail sales data and watched for progress in Europe over Greece's debt.

Christine Gaylican Feb 15, 2012

By Rudi Filapek-VandyckThe Dow Jones Industrial Average managed to add 4.2 points, or 0.03%, to 12,878.

Admin System Feb 15, 2012

There are so much opportunity offered by Chinese reverse mergers or "reverse takeovers (RTOs)," MR Capital Management founder and fund director Mohannad Al-Rashoudi says in a statement.

Christine Gaylican Feb 14, 2012

Global top-class brands such as Hermes, Gucci and Louis Vuitton may well heave a sigh of relax because China's appetite for luxury brand items will linger on a little longer despite a projected massive economic slowdown.

Esther Tanquintic-Misa Feb 14, 2012

As Apple shares zoomed up and breached the $500 mark on Monday, company officials revealed at the same time that independent inspectors from the Fair Labor Association (FLA) have begun their probe on Apple assembly facilities in China.

Erik Pineda Feb 14, 2012

Nickel miner Western Areas reported on Tuesday a 64 per cent decline in its first half net profit due to lower prices of the commodity. From July to December 2011, the firm logged a $24.1 million net profit, down from $67.2 million compared to the same period a year ago.

Vittorio Hernandez Feb 14, 2012

Google inches closer on its quest to formally acquire Motorola Mobility with two clearances it received Monday from government regulators in the United States and the European Union.

Erik Pineda Feb 14, 2012

While hundreds of jobs continue to be shed across Australia since the start of February as businesses complain of the strong currency and weak consumer confidence, workers in Holden would enjoy up to a 22 per cent wage increase spread over the next three years.

Vittorio Hernandez Feb 14, 2012

Apple's set-top box is running out of stock in multiple stores, which could signal that Apple is about to replace it with Apple TV 3.1.

ranina sanglap Feb 14, 2012

Well, JB Hi-Fi survived a tough Christmas trading period, not to mention a "challenging" six months and lived to tell the tale, despite what some alarmists have been writing about the state of the consumer electronics sector.

Jamelle Agbuis Feb 14, 2012

Barbara Fredrickson is a social psychologist who has conducted extensive research into emotions and positive psychology.

Jamelle Agbuis Feb 14, 2012

Commodity and stock markets across Asia and Europe and the US are on alert as Greece moves back to centre stage with a vital week for the stricken country to either accept sweeping cuts and a huge new round of debt, or head for default.

Jamelle Agbuis Feb 14, 2012