BUSINESS

Fortescue Awaiting The Re-Rating

- Fortescue quarterly production report well received- Management confident in maintaining annual production rate of 55Mtpa- Brokers continue to see value at current levels- Buy ratings retainedBy Chris ShawThe September quarter production report from Fortescue Metals ((FMG)) has been well received ...

Minutes Turn Into Days

By Greg Peel"Conditions in global financial markets had continued to be very unsettled, with uncertainty increasing about both the prospects for resolution of the sovereign debt and banking problems in Europe and the outlook for global economic growth.
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Broker Shows Lesser Known Paths to Property Investment

Mortgage Choice, one of Australia's largest independently owned mortgage brokers, on Monday revealed approaches to property investment that help borrowers maximise their cash flow and build wealth.
Sharon Olalia Oct 18, 2011

All Quiet On The Uranium Front

By Greg PeelThis weekly report noted last week the US Energy Commission had for sale an inventory of UF6 which it is offering below current spot pricing.
Admin System Oct 18, 2011

More Australians Prone to Poverty: Report

The high cost of living is putting more low-income Aussies at risk of falling into poverty, a report says. Poorer households are compelled to spend more of their income on essential goods and services due to price hikes on these non-discretionary items, such as food and electricity, a report by St Vincent de Paul Society says. As a result, households' health and education expenses are delayed, if attended at all.
Arlene Paredes Oct 18, 2011

Russia's Housing Market still Depressed

The Russian housing market hasn't recovered - despite appearances. Resale apartment prices rose 3.79% during the year to end-Q2 2011, according to the Federal State Statistics Service, but the kicker was inflation - resale apartment prices actually fell 5.25% when the price figures are adjusted for inflation.
Jamelle Agbuis Oct 18, 2011

iOS 5: Top Five Reasons Why You Should Jailbreak Your iPhone or iPad

Although jailbreaking your iPhone or iPad carries the risk of bricking your device and voiding your Apple warranty there are some benefits to jailbreaking your iPhone 4s or iPad 2. Here are the five reasons why you should jailbreak your iPhone or iPad.
ranina sanglap Oct 17, 2011

Australia: A ‘Three-Spend Economy’

A new study has suggested Australia is a three-spend economy, which it says is as significant as the two-speed economy that the nation has heard so much about.
Sharon Olalia Oct 17, 2011

Apple iPhone 4S: Top 10 Apps for Your iOS 5 Device

If you're one of the lucky ones who were able to snag a new iPhone 4S or upgraded your existing Apple device to iOS 5, then you're probably wondering how fast you can fill up all those gigabytes of memory with apps. The Apple App Store has half a million apps available, so narrowing it down to what you really need can be a forbidding task.
ranina sanglap Oct 17, 2011

Virgin Adds Gladstone to Service Routes

Virgin Australia has begun services between Brisbane and Gladstone for the first time in Monday with new ATR turbo‐prop aircraft.
Sharon Olalia Oct 17, 2011

Australia’s Housing Market Still Cooling

Australia's housing market continues to weaken in the first half of 2011, following the Reserve Bank of Australia (RBA)'s action in hiking the key interest rate to 4.75% in November 2010, up from 3% in September 2009. RBA has kept the key rate unchanged since then.
Jamelle Agbuis Oct 17, 2011

Australian Stock Market Report –Afternoon 10/17/2011

The local share market has started the trading week on a strong note, with investor sentiment boosted by a raft of positive offshore news. Over the weekend, European leaders again pledged to take all necessary action to stave of the debt crisis, and work together ahead of the G20 summit in Cannes next month. Meanwhile US stocks posted their best weekly gains since March 2009 last week, boosted by strong retail sales and impressive earnings results from a number of companies, particularly Google....
Vittorio Hernandez Oct 17, 2011

Queensland Mining Discovers High-Grade Copper Zones at Duck Creek

Queensland Mining Corporation announced it recently discovered a new high grade copper discovery on Horseshoe ML and Duck Creek EPM. It was the first recorded discovery of high grade sulphides in the area, at its Duck Creek Project, south of Cloncurry.
Esther Tanquintic-Misa Oct 17, 2011

India’s Stunning House Price Boom Continues!

India's housing markets surged in Q2 2011. There were amazingly strong house price increases, despite an economic slowdown which saw gross domestic product grow by 'only' 7.7% during the year to Q2 2011, the weakest growth for six quarters, due to high interest rates and the poor performance of mining and quarrying (1.8% annual growth), construction (1.2%) and the manufacturing sectors (7.2%).
Jamelle Agbuis Oct 17, 2011

GoDaddy CEO Bob Parsons, Race Sponsor, Mourns Dan Wheldon's Death (VIDEO)

Bob Parsons, the CEO of internet domain name registrar GoDaddy, which sponsored the IndyCar Challenge that cost Dan Wheldon his life, had spoken in relation to the tragedy. Wheldon, 33, died following a horrifying accident on Sunday at Las Vegas Motor Speedway. The accident occurred during the lap 11 of the race, when his car flew mid-air and burst into flames after a 15-car pileup. He was immediately airlifted to a local hospital but was unable to survive due to "serious injuries." Three ...
Arlene Paredes Oct 17, 2011

G-20 Talks Spur Oil, Copper Futures to Rise

The weekend conclusion of talks among Group of 20 finance chiefs, where it approved parts of a plan to contain the eurozone's debt crisis and prevent a possible Greek default, has led commodities futures, particularly copper and oil, to rise on Monday.
Esther Tanquintic-Misa Oct 17, 2011

Is Residential Property a Worthwhile Investment?

The key in property investment is to know where in the cycle you are buying so you can judge whether you're getting a good price and whether prices have further to fall.
Kimmy Peterson Oct 17, 2011

Galaxy Tab 10.1: Where to Order Online to Fend Off Ban

Federal Court Justice Annabelle Bennett may have temporarily banned Samsung Electronics from launching its Galaxy Tab 10.1 in Australia, but Aussies have found a way to go around the ban. They ordered the gadget online.
Vittorio Hernandez Oct 17, 2011

Australian Stock Market Report – Midday 10/17/2011

The Australian sharemarket has kicked off the new trading week on a positive note, with the All Ordinaries index (XAO) up 1.4 pct or 59.1 pts to 4328.1. All regions of the market are improving with gains of at least 1 pct flowing through to most sectors.
Vittorio Hernandez Oct 17, 2011

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