BUSINESS

The ongoing price war between Australian supermarket giants Coles and Woolworths has led some MPs to seek a major amendment to the country's competition law. The legislators warned that the short-term benefits shoppers get from a 50 per cent price reduction on fruits and vegetables sold by Coles could mean disaster for the agriculture sector.

Vittorio Hernandez Feb 01, 2012

Australia's interest in Gina Rinehart, the nation's richest woman, continues to be fueled following her soon-to-be-completed acquisition of shares in Fairfax Media. Ms Rinehart, whose personal wealth is valued at $10.3 billion, wants a biiger piece in Australia's most influential media company.

Vittorio Hernandez Feb 01, 2012

- Emerging markets historically the best equity performers in February- Aluminium the best of the commodities, natural gas the worst- USD likely to struggle against the yen this month- Tough month for some Australian and US bondsBy Chris ShawEmerging markets tend to be the pick of equity markets in ...

Admin System Feb 01, 2012

The Kingdom of Thailand has agreed to Twitter's recent move to allow countries to censor tweets. Representatives from the Thai government of Prime Minister Yingluck Shinawatra have said that they will be working with Twitter to implement this new policy.

ranina sanglap Feb 01, 2012

While the rest of the tech world is buzzing about the rumored Galaxy S III model that is reportedly being revealed at next month's Mobile World Congress, Samsung went ahead and revealed a new model of the Galaxy S called the Galaxy S Advance.

ranina sanglap Feb 01, 2012

Starbucks Corp., the world's biggest coffee-shop chain, which proved the world that there's nothing as paying too much for a cup of coffee, is planning to experiment with wine and beer, the two elixirs that Americans love.

Jamelle Agbuis Feb 01, 2012

The Conference Board consumer confidence reading dipped unexpectedly in January, slipping from 64.8 to 61.1. Consensus expectation had been for a further gain up to 68.0.

Lawrence Villamar Feb 01, 2012

Australia's stock market had not moved in pace with the rest of the Asia-Pacific markets on Tuesday and is seen to remain flat on Wednesday's trading, but some action will push media-related stocks led by Fairfax Ltd.

Christine Gaylican Feb 01, 2012

The Australian Dollar rallied off opening levels yesterday as Australian business confidence rose to its highest level in seven months, a survey by National Australia Bank showed.

Lawrence Villamar Feb 01, 2012

The Dow was in line for a fourth straight decline after a weaker than expected reading on consumer confidence erased early gains prompted by agreements designed to address Europe's sovereign-debt issues.

Lawrence Villamar Feb 01, 2012

The mixed nature of the Australian economy was on display yesterday in reports from the monthly National Australia Bank business survey and the Reserve Bank's credit data for December and 2011.

Jamelle Agbuis Feb 01, 2012

In one respect it was a clever bit of marketing by Woolworths yesterday to announce the restructuring and sale of its Dick Smith consumer electronics chain at the same time as it revealed weak sales figures, especially from its core Australian supermarkets and liquor business in the December quarter and half year.

Jamelle Agbuis Feb 01, 2012

Previous reports have confirmed a continuing slowdown in exports and the first yearly trade deficit for years, and yesterday we had a sharper improvement in industrial output in December, but a small rise in unemployment, offset by a rise in consumer spending.

Jamelle Agbuis Feb 01, 2012

The Dow was in line for a fourth straight decline after a weaker than expected reading on consumer confidence erased early gains prompted by agreements designed to address Europe's sovereign-debt issues.

Christine Gaylican Feb 01, 2012

By Greg PeelThe Dow fell 20 points or 0.2% while the S&P was flat at 1312 and the Nasdaq rose 0.1%.The US broad market S&P 500 has marked a 4.

Admin System Feb 01, 2012

Exports of milk powder, butter and cheese reached record high in December 2011, leading to a trade surplus.

Arlene Paredes Jan 31, 2012

Megaupload users may never be able to re-access their files following the U.S. government's announcement late Monday that digital storage firms contracted by the shuttered company will begin deleting files Thursday this week.

Erik Pineda Jan 31, 2012

Australian consumers are expected to benefit again from the renewed price war between supermarket giants Coles and Woolworths with price cuts of up to 50 per cent on certain fruits and vegetables.

Vittorio Hernandez Jan 31, 2012

Australia's retail sector will witness more shopping activities in the first quarter of the current year, according to the latest indicators summing up the Australian Food and Grocery Council (AFGC) CHEP Retail Index.

Erik Pineda Jan 31, 2012

As countries in Asia develop, there are more reasons and opportunities for both investors and offshore companies to pour their millions into offshore banks and even more reason for off shore banking to flourish in Asia.

Jamelle Agbuis Jan 31, 2012

Now that Fitch and Moody have upgraded Indonesia's credit rating to an investment grade economy, the future is looking up for economic growth for Southeast Asia's largest economy.

Jamelle Agbuis Jan 31, 2012

Ratings agency Fitch will likely release the credit rating of the big four Australian banks in April. Fitch placed on Monday the AA ratings of the Australia and New Zealand Banking Group (ANZ), Westpac, National Australia Bank (NAB) and Commonwealth Bank of Australia (CBA) on ratings watch negative which is a hint the four could be downgraded by one notch.

Vittorio Hernandez Jan 31, 2012

Thanks to India’s new “Look East” policy aimed at expanding the country’s investment and influence to the east, and a 100-kilometer pot holed land bridge to Southeast Asia, trade between India and Myanmar—also known as Burma—is booming and the US government is interested.

Jamelle Agbuis Jan 31, 2012

Apple has been identified as the biggest buyer of semiconductors in 2011.

Mary Elaine Ramos Jan 31, 2012

By Greg PeelThere's a reasonable amount of demand around for uranium at present, according to industry consultant TradeTech, but not in the spot market.

Admin System Jan 31, 2012

FNArena has added another video to its Investors Education section on the website. For this latest video presentation, ATW's Jerry Simmons has dedicated extra time on market movements and technical insights for crude oil futures.

Admin System Jan 31, 2012

By James Stanley, Trading Instructor, FXCMCentral bankers are tasked with the role of governing an economy in an attempt to ensure financial stability.

Admin System Jan 31, 2012

Ahead: In Australia, private sector credit, RP data house price index and the NAB business survey are released. In the US, the S&P CaseShiller home price index is released.

Lawrence Villamar Jan 31, 2012

Lacklustre trading is expected in Australian markets following the subdued overnight trading results in the U.S. and European markets still deeply embroiled in the debt crisis.

Christine Gaylican Jan 31, 2012