The rise to prominence in the automotive industries for Hyundai KIA Automotive Group (HKAG) was capped by the acquisition of Kia Motors in 1998.
Jamelle Agbuis
May 24, 2012
In Pamplona, Spaniards run with the bulls. In Athens, Greeks run on the banks. Yes, folks a good, old-fashioned bank run is underway in Greece.
Jamelle Agbuis
May 24, 2012
Coal miners employed by the BHP Billiton and Mitsubishi alliance made good their threat to strike on Thursday as over 3,000 started their week-long industrial action.
Vittorio Hernandez
May 24, 2012
Besides Qantas aircraft maintenance engineers who were at the receiving end this week of Chief Executive Alan Joyce's ax, another victim to the announced revamp of the flag carrier would be the tourism sector in the Northern Territory.
Vittorio Hernandez
May 24, 2012
By Greg PeelThe Dow closed down 6 points while the S&P closed up 0.2% to 1318 and the Nasdaq gained 0.
Admin System
May 24, 2012
Rumors about Apple's new iPhone 5 are circulating the web as many people are setting high expectations about this new offering from Apple. Aside from possible specifications and features, rumors about the possible release date are also spreading like wildfire in the Internet.
Mary Elaine Ramos
May 24, 2012
The World Bank has picked on Australia for its over-dependence on its resource exports to China, which could eventually hamper growth in the Asia-Pacific Region to 7.6% this year.
Erik Pineda
May 23, 2012
Microsoft is all set to deploy a re-engineered Windows system on its new Windows 8, which replaces the highly successful Windows 7.
Erik Pineda
May 23, 2012
Credit Suisse, in a new report released on Wednesday, warned Australian banks not to lower their lending standards for home loans to make up for the flat growth of lending across the banking industry,
Vittorio Hernandez
May 23, 2012
National Australia Bank (NAB) Chief Executive Cameron Clyne blamed on Wednesday the battle for deposits among Australian lenders for the high mortgage interest rates in the country. In effect, he belied claims by the other banks that the European crisis, which caused wholesale funding cost to rise, is the culprit.
Vittorio Hernandez
May 23, 2012
The Qantas Monday announcement of the closure of the air carrier's Tullamarine Airport maintenance facility was just the tip of the iceberg. On Wednesday, Qantas Chief Executive Alan Joyce made an even bigger announcement of more revamps in the company.
Vittorio Hernandez
May 23, 2012
From pandas to thoroughbreds, flying animals and wildlife is big business. But there is a dark side.
Jamelle Agbuis
May 23, 2012
Chinese Premier Wen Jiabao has called for stimulus policies that would boost the nation's slowing economic prospects.
Lawrence Villamar
May 23, 2012
The United States has allowed China to purchase government debt directly from the Treasury Department.
Lawrence Villamar
May 23, 2012
House prices in Kiev, Ukraine’s capital, rose sharply during the year to April 2012. But market experts doubt this can be sustained, with the economy slowing, and a political crisis over the incarceration of former prime minister Yulia Tymoshenko.
Jamelle Agbuis
May 23, 2012
By Greg PeelThe Dow closed down one point while the S&P was flat at 1316 and the Nasdaq fell 0.3%There are all sorts of troubles in Tech Land, with the Nasdaq last night's worst performer following Monday's big Apple-led rally.
Admin System
May 23, 2012
The U.S. Securities and Exchange Commission on Monday charged a former executive at Yahoo! Inc. and a former mutual fund manager at a subsidiary of Ameriprise Financial Inc. with insider trading on confidential information about a search engine partnership between Yahoo and Microsoft Corporation.
Carlo Fernandez
May 23, 2012
The corporate marriage between search giant and Android developer Google Inc. (NASDAQ: GOOG) and former mobile phone leader Motorola Mobility Holdings Inc. (NYSE: MMI) closed is now official.
Carlo Fernandez
May 23, 2012
China appears to be heading Japan's way as a Chinese conglomerate revealed on Monday a $US2.6 billion deal that would give the group majority ownership of AMC Entertainment Holdings, one of the biggest operators of cinema complexes in the United States.
Erik Pineda
May 22, 2012
The Coalition has downplayed reports that its likely win in next year's general elections would lead to a federal government that is not tax-friendly with tech titans maintaining local operations in Australia.
Erik Pineda
May 22, 2012
Arguably, Apple tops the list as one of the leading global companies, with its products desired by millions around the world, and a new study not only affirmed that stature but also crowned the American firm as the most valuable brand over the past 12 months.
Erik Pineda
May 22, 2012
An analysis by Bank of America (BofA) showed that Australian retailer David Jones would be a good buy for now following the drop in company shares at its lowest level since the global financial crisis.
Vittorio Hernandez
May 22, 2012
By Rudi Filapek-Vandyck, Editor FNArena (currently traveling abroad)This week's Weekly Insights analysis triggered the question below from FNArena subscriber Stephen Sheldon.
Admin System
May 22, 2012
Qantas confirmed on Monday that it will shutter is maintenance hub in Melbourne, which meant engineering jobs would be lost.
Vittorio Hernandez
May 22, 2012
By Greg PeelOnly three transactions were conducted in the uranium spot market last week, industry consultant TradeTech reports, totalling 350,000lbs.
Admin System
May 22, 2012
The ongoing strike by BHP Billiton (ASX: BHP) miners is expected to reach a peak on Thursday with about 4,000 employees from six mines expected to walk off their jobs following a deadlock in enterprise bargaining discussion.
Vittorio Hernandez
May 22, 2012
By Greg PeelThe Dow rose 135 points or 1.1% while the S&P gained 1.6% to 1315 and the Nasdaq surged 2.
Admin System
May 22, 2012
The news of Facebook Founder, Mark Zuckerberg getting married with his long-time girlfriend, Priscilla Chan is all over the news. Aside from the fact that Zuckerberg got married, the timing is also controversial as Mark Zuckerberg wed after Facebook's IPO.
Mary Elaine Ramos
May 21, 2012
Qantas Airlines, one of the largest airline carriers in Australia denies claim regarding the company's supposed credit card scam.
Mary Elaine Ramos
May 21, 2012
Facebook founder and chief executive Mark Zuckerberg updated his timeline last May 19 with a memorable event of marrying his girlfriend.
May 21, 2012
