BUSINESS

AGMs: Westpac Line On Funding, Rates

It's a difficult task being the CEO of a big Australian bank: they have to sound concerned, informed and above all authoritative, as we saw with Westpac's Gail Kelly yesterday, and will hear from the NAB's Cameron Clyne later today and from the ANZ's Mike Smith tomorrow.

Australian Stock Market Report - Morning 12/15/2011

US import prices rose 0.7pct in November after sliding by 0.5pct in October. The gains marked the largest increase in seven months and was driven by a surge in the cost of petroleum. Imports prices are up 9.9pct in the 12 months to November.
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The Facebook Problem

As Facebook gets ready for a much-awaited public offering, the company is eager to flaunt its force by building on its enormous membership: an upwards of 800 million active users around the world, and more or less 200 million in the United States, or two-thirds of the population.

Australian Dollar Outlook - 12/14/2011

Bell FX Currency Outlook: The Australian Dollar is hovering around Parity following a night of slightly disappointing US Data and the FOMC (Federal Open Market Committee) rates decision this morning.

Will Mozilla End Google's Exclusivity?

The deal between Mozilla Firefox and Google has been a lucrative one but this deal has already expired last month. Through this deal coming to an end, many people are asking if this would really be the end of this business partnership.

Sony Ericsson Aims to Go Big in 2012

Sony has set its sights on being the next big name in smartphones and the first step towards that goal is dropping the "Ericsson" in their brand name.

Port Strikes Hit NSW, WA

Strikes hit again the ports of Western Australia (WA) and New South Wales (NSW) which has crippled wharf activities in NSW. In WA, the striking workers have been locked out indefinitely by management.

Global Markets Overview 12/14/2011

U.S. stocks erased earlier gains Tuesday after Federal Reserve officials took no immediate actions to bolster the economy but left their policy options open for 2012.

The Potential For Break-Outs

FNArena has added another video to its Investors Education section on the website. In this latest video, ATW's Jerry Simmons zooms in on the potential for Break-Outs in what he suggests could turn out a big week, though the FOMC meeting is unlikely to change the course of history.

Will Windows 8 be a Game-Changer for Microsoft in 2012?

Microsoft will release its next generation Windows 8 operating system next year in hopes of offering an OS that could cater to both tablets and desktops devices. But could Windows 8 really be a formidable rival to Google's Android and Apple's iOS in the mobile arena while still keeping Microsoft's lead in the desktop computing market?

Notable Specs from 3 Cheap Android Tabs

Tablet computers are among the bestsellers in tech stores worldwide. The most known models of these devices come from Apple, Samsung, Motorola, Asus, and LG. However, all are expensive, with prices ranging from $300 - $600 depending on their size and technical features.

China’s HK Gold Imports Reach October Record High

Imports of gold from Hong Kong by the world's second-largest economy reached an all-time high of 85.7 tonnes in October, a 50 per cent hike from a month ago and up by more than 40 times from a year ago, data from the Hong Kong government showed.

India Shuts Down Server Used by Duqu Malware

India has announced on Monday the shutting down of a server identified by computer security experts as one of the portals being used by computers that have been tagged as Duqu infected.

MMG Invests $157-Million in Dugald River Zinc Project

Australian miner Minerals and Metal Group (MMG) has invested $157 million at the Dugald River zinc project, one of the largest zinc deposits in the world. The venture is located 85 kilometres north east of Mount Isa.

Another 6 Months to Resolve Qantas Labor Row

Despite announcement by Qantas Chief Executive Alan Joyce that its domestic operations is back to pre-strike level, the air carrier would have to wait for at least six more months before its industrial row with unions would be solved.

Spot U3O8 Jumps US75c

By Rudi Filapek-VandyckBuyers found themselves chasing higher prices in the spot uranium (U3O8) market last week, with industry consultant TradeTech pointing in the direction of one non-US utility selecting a provider for 275,000 pounds of yellow cake.

Global Markets Overview 12/13/2011

A negative reaction to last week's European sovereign-debt summit by credit-ratings firms sent U.S. stocks sharply lower Monday, erasing all of the stock-market gains that followed the summit Friday.

Mercedes-Benz CLS 350 Review

3.5-litre six-cylinder petrol direct-injection with seven-speed automatic transmission, rear-wheel drive 225kW/370Nm. $159,200 (Manufacturer's List Price)

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