BUSINESS

A Century Of Public Debt And What Have We Learned?

By SM Ali Abbas, Nazim Belhocine, Asmaa El-Ganainy and Mark HortonAs policymakers continue to grapple with high debts and the troubles that come with them, this column looks at the lessons from data on public debt in 178 countries stretching back as far as 1880.

Mario Draghi Sticks To The Spirit Of The Treaty

By Kathleen Brooks, Research Director UK EMEA, FOREX.comPrice action may feel like the markets have ground to a halt as we wait for the Christmas break; however headline risk is as strong as ever as we get close to the end of the year.
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Qantas Ends Industrial Dispute With Aircraft Engineers

Qantas has ended its industrial dispute with aircraft engineers after both parties agreed to a 3 per cent annual wage increase for the next three years. However, the other demands of the Australian Licenced Aircraft Engineers Association (ALAEA) such as the construction of a new engineering hangar, was rejected.

Coca-Cola Amatil Trading Update Lacks Fizz

- Coca-Cola on Friday updated earnings guidance- Guidance broadly disappointed (as predicted by some)- Estimates trimmed across the market- Credit Suisse downgrades to an Underperform ratingBy Chris ShawOn Friday Coca-Cola Amatil ((CCL)) offered a trading update to the market, management indicating ...

Myer to Close Stores With Weak Sales

Days after menswear store Fletcher Jones announced the closure of several outlets, the weak retail environment claimed another victim. Giant Myer (ASX: MYR) announced on Monday it would shutter in 2012 weak performing chains.

Global Markets Overview 12/19/2011

U.S. stocks ended the week with a whimper Friday as continued jitters surrounding Europe's debt crisis weighed on investor sentiment. T

Australian Stock Market Report - Morning 12/19/2011

US consumer prices rose were flat in November after a 0.1pct drop in October. Consumer prices were up 3.4pct in the 12-months to November. Excluding food and energy consumer prices was up just 0.2pct in November.

Brokers Clash Over Financial 'GP' Future

Wealth Today CEO Michael Stephens has refuted Mortgage Choice's position on individual brokers holding more than one licence, arguing this only increases their capacity to provide good service.

Investors: Big Investors Gloomy On Eurozone

This week's pounding of the euro by worried investors decamping for the strengthening US dollar (and abandoning gold and other commodities) shouldn't come as much of a surprise as we look into 2012.

Deals: Rationalisation In Pipelines?

According to the market, APA Group's $1.06 billion takeover offer for fellow pipeliner, Hastings Diversified Utilities Fund (HDF), is over before the shouting starts.

Top 10 Most Googled People in Australia for 2011

Australians are searching for wide and various things through Google. This could be the best way to describe the 2011 “most googled” list of Australia released by the giant search engine.

Microsoft Tweaks Internet Explorer for Auto Patches

Microsoft has decided to follow the lead of its rival browser, Google Chrome, as the software giant revealed on Thursday that it will soon implement silent updates of the Internet Explorer across the latest Window platforms.

Former PM Keating: Government Should Not Have Intervened in Qantas Labor Row

Former Australian Prime Minister Paul Keating said on Thursday that the government should not have intervened in the Qantas labor row. Instead of referring the problem to Fair Work Australia, he said the Gillard government should have let Qantas Chief Executive Alan Joyce take full responsibility for the consequences of his unilateral decision to ground all Qantas fleet.

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