Australia's unemployment rate returned to 5.2 per cent in February, the Australian Statistics Bureau (ABS) reported on Thursday. The rise was expected by analysts as banks, manufacturing companies, construction firms and other Australian companies announced axing of jobs by the hundreds last month.
Vittorio Hernandez
Mar 08, 2012
By Greg PeelOh God, when will it ever end!?That has perhaps been the catch-cry of global investors over the past two years.
Admin System
Mar 08, 2012
Despite an initial dip when the February jobs numbers were released, the local share market is trading higher at lunchtime in the East, following positive offshore leads. The All Ordinaries Index (XAO) is firmer by 21.3pts or 0.5pct to 4255.7.
Vittorio Hernandez
Mar 08, 2012
Tech giant Apple, Inc. (NASDAQ: AAPL) unveiled its latest generation of iPad yesterday, which is the first tablet that is able to connect to 4G network. However, this feature will not work yet in Australia.
Kristin Dian Mariano
Mar 08, 2012
The Reserve Bank has made clear that it sees no reason to cut interest rates or force the value of the Australian dollar lower simply to help sections of the economy that are doing it tough at the moment.
Jamelle Agbuis
Mar 08, 2012
Usually everyone looks forward to define success and achieve outstanding results in their businesses with using Email marketing as one of the key tools. Email Marketing is one of the most powerful promotion tools, or rather to be very precise, the most powerful 'selling' tool that businesses of all types and sizes have as their wild card.
Jamelle Agbuis
Mar 08, 2012
The Australian economy slowed in the 4th quarter of 2012, but we still ended up doing better than many other leading economies.
Jamelle Agbuis
Mar 08, 2012
Insurance giant QBE and packing multi national yesterday announced expansion deals valued at more than $600 million in Australia, Asia and South America.
Jamelle Agbuis
Mar 08, 2012
Apple Inc. (NASDAQ: AAPL) pulled back the curtain on its next generation iPad, which features a higher-resolution display, a new processor, and support for high-speed 4G LTE data networks.
Carlo Fernandez
Mar 08, 2012
The US ADP National Employment index showed that 216,000 new private sector jobs were created in February, close to market forecasts.
Lawrence Villamar
Mar 08, 2012
Stocks rose ahead of a U.S. consumer-credit report and on news of progress toward Greece's debt restructuring and consideration by the Federal Reserve of further measures to aid the economy.
Lawrence Villamar
Mar 08, 2012
By Greg PeelThe Dow rose 78 points or 0.6% while the S&P gained 0.7% to 1352 and the Nasdaq added 0.9%.
Admin System
Mar 08, 2012
There are many news reports stating that Apple will call their new iPad model as the iPad HD instead of iPad 3. The said name is based on its new standout feature which is its higher-resolution Retina display.
Mary Elaine Ramos
Mar 07, 2012
The growing hype and frenzy towards Apple's iPad 3 have speculated countless number of arguments regarding Apple's dominance in the market against the declining popularity of traditional PCs and laptops.
Mary Elaine Ramos
Mar 07, 2012
Apple Inc. (NASDAQ: AAPL) will be hosting a media event in San Francisco, California, on Wednesday, March 7, starting 10 a.m. Pacific time, to unveil the iPad 3 or iPad HD.
Carlo Fernandez
Mar 07, 2012
Australia's construction activity further weakened in February, notwithstanding the rate cuts introduced late last year by the country's central bank, which failed to boost housing and commercial building projects in the past few months.
Erik Pineda
Mar 07, 2012
Australia and Asia's richest woman, Gina Rinehart, reportedly asked for a seat on the board of Fairfax Media when she met with the company's chairman, Roger Corbett, and chief executive, Greg Hywood, on Tuesday.
Vittorio Hernandez
Mar 07, 2012
The 2011 natural disasters, such as the twin earthquake and tsunami that struck Japan, was by far the costliest, with the United Nations disaster risk reduction agency UNISDR estimating the economic cost to be at least $380 billion.
Lawrence Villamar
Mar 07, 2012
While opening some business opportunities in India, mining giant Rio Tinto (ASX: RIO) is also closing some doors. The company announced on Wednesday that it would shutter its Lynemouth aluminium smelter in Northumberland in England by the end of March.
Vittorio Hernandez
Mar 07, 2012
Investor sentiment remains subdued again today, following falls in offshore markets and weaker than expected local economic growth figures. At lunchtime in the East, the All Ordinaries Index (XAO) is down 36.6pts or 0.9pct to 1258.9.
Vittorio Hernandez
Mar 07, 2012
Coca-Cola Amatil Limited (CCA) has announced a decision not to acquire the Foster’s Australian spirit and spirit ready-to-drink (RTD) business.
Jamelle Agbuis
Mar 07, 2012
A confident outlook forecast for the Australian rural sector yesterday has already been overtaken by the surprise ban by India on all exports of cotton, a move that has already started sending prices higher.
Jamelle Agbuis
Mar 07, 2012
No worries about the 'dangers' from a 'slowing' Chinese economy yesterday in one high profile deal yesterday involving a major Chinese investment in Australia: the Gloucester Coal merger with China's state-owned Yancoal Australia.
Jamelle Agbuis
Mar 07, 2012
The looming news about the “big event” about Apple’s iPad 3 on March 7 got everyone excited about this new device. On other hand, other people were also busy comparing Apple's iPad 3 to other worthy tablets such as the ASUS Transformer Pad Infinity 700.
Mary Elaine Ramos
Mar 07, 2012
A replay of February in the Reserve Bank interest rate decision yesterday with no change as the cash rate was left at 4.25% and the reasoning much the same.
Jamelle Agbuis
Mar 07, 2012
By Greg PeelThe Dow fell 203 points or 1.6% while the S&P lost 1.5% to 1343 and the Nasdaq dropped 1.4%.
Admin System
Mar 07, 2012
Yahoo's woes continue to pile up and the latest difficulty is poised to hit the company's employees as reports emerged that newly-appointed chief executive Scott Thompson plans to axe thousands of workers soon.
Erik Pineda
Mar 06, 2012
The China Banking Regulatory Commission gave a Retail Renminbi licence to the ANZ Bank, which is the first Australian bank to receive the licence.
Vittorio Hernandez
Mar 06, 2012
Australia's business environment has so far sustained its growth pace, expectedly on the back of the ongoing mining boom, but national data also indicated that regions and business sectors were hardly benefitting from the resources boost.
Erik Pineda
Mar 06, 2012
Rio Tinto (ASX: RIO) will make the largest investment by an Australian company in India through a $2 billion investment at the Orissa iron ore project in India. The project will supply iron ore to India and overseas with the steel making material.
Vittorio Hernandez
Mar 06, 2012
