BUSINESS

Virgin, Singapore Deal Gets ACCC Nod

The Australian Competition and Consumer Commission has granted the alliance between Virgin Australia group of airlines (ASX: VBA) and Singapore Airlines draft approval.

Unit Rental Prices Soaring, Nearing House Prices

Even with a subdued quarter for rental prices, annual growth figures show rental prices for units are approaching that for houses in most capital cities, according to a new report released on Thursday.
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Kogan Rejoins Australia’s Heated Tablet Computer War

As more consumers shift to upgrades of modern electronic devices such as tablet computers and smartphones from laptops and 3G phones, more companies are launching their own versions of the devices in a bid to get a slice of the growing market - notwithstanding risking a lawsuit from Apple.
Vittorio Hernandez Oct 13, 2011

Australian Stock Market Report - MIDDAY 10/13/2011

The Australian sharemarket is gaining for the sixth time in seven sessions, with the All Ordinaries index (XAO) up 0.6 pct or 27.4 pts to 4293.8. Today's improvement can be partly attributed to the impressive gains out of European markets overnight, thanks to progress being made on a viable debt solution.
Christine Gaylican Oct 13, 2011

More Jobs for Aussies as Unemployment Rate Slides in Sept

The country’s unemployment rate declined to 5.2 percent in September as employers from the private sector employed more people and the dollar went up from $US1.015 before figures were made public to $US1.0236.
Joseph Alan Alonso Oct 13, 2011

ACCC: Singapore Airlines – Virgin Australia Alliance OK To Fly

The proposed alliance between Singapore Airlines and Virgin Australia is almost as good as a done deal as the Australian Competition and Consumer Commission (ACCC) announced on Thursday it is finalizing necessary paper works that will ultimately conclude and seal the integrated network aviation alliance between the two airlines.
Esther Tanquintic-Misa Oct 13, 2011

Brokers Still Like JB Hi-Fi

- JB Hi-Fi AGM offers sales update- Group sales higher, like-for-like sales down- Tough macro outlook impacting on earnings- Brokers remain broadly positive on the stockBy Chris ShawAt its annual general meeting yesterday JB Hi-Fi ((JBH)) indicated like-for-like sales for the first quarter of FY12 w...
Admin System Oct 13, 2011

Market Insight: All About Banks

With the final eurozone vote now in for the EFSF, the next step is to leverage up that fund to allow governments to shore up the capital positions of their respective banks.
Admin System Oct 13, 2011

FNArena's Investment Quiz

We have a long standing tradition of educating investors here at FNArena. Today's quiz is an attempt to try out a different concept.
Admin System Oct 13, 2011

Coal Prices to Rise in Face of La Niña

Coal producing miners better get their act together and prepare this early for a possible weather disturbance of a returning La Niña.
Esther Tanquintic-Misa Oct 13, 2011

Australian Stock Market Report – Morning 10/13/2011

Minutes from the last US Federal Reserve meeting highlighted that Fed officials discussed a fresh round of bond purchases among other tools to stimulate activity. However officials seemed to be holding back from a third round of QE. The minutes reiterated that the Fed had become a lot more concerned about the economic outlook.
Vittorio Hernandez Oct 13, 2011

Global Markets Overview - 10/13/2011

U.S. blue-chip stocks drove higher Wednesday, pushing the Dow Jones Industrial Average into positive territory for 2011 as investors grew optimistic about plans to recapitalize euro-zone banks. The Dow Jones Industrial Average gained 192 points, or 1.7%, to 11609 in afternoon trading, while the Standard & Poor's 500-stock index climbed 22 points, or 1.9%, to 1218 and the Nasdaq Composite advanced 41 points, or 1.6%, to 2624.
Christine Gaylican Oct 13, 2011

Steve Jobs: Top 10 Things We'd Never Have If He Never Came [PHOTOS]

After Steve Jobs died, the world has been pondering if it would be the end of innovation. President Barack Obama lauded Steve Jobs as "among the greatest of American innovators" and many have compared him to great inventors Thomas Edison and Henry Ford. Jobs, a visionary and a creative genius, helped redefine mobile devices, the music industry, the cinema, and the Internet.
Carlo Fernandez Oct 13, 2011

Australian Stock Market Report – Afternoon 10/12/2011

The recent rally on the share market came to an end today, with the share market posting its first loss in six sessions. The All Ordinaries Index (XAO) eased by ..pts or ..pct to ... while the S&P/ASX 200 Index (XJO) fell ..pts or ..pct to .. The XAO gained 8.9pct between last Tuesday and yesterday's close.
Vittorio Hernandez Oct 12, 2011

High-tech Gadgets Outnumber People in the U.S.

High-tech devices outnumber people in the United States, the industry group CTIA reported Tuesday. Wireless subscriber connections reached 327.6 million, surpassing for the first time the U.S. population of 315.5 million.
Vittorio Hernandez Oct 12, 2011

Leaked Motorola Xoom 2 and Spyder Pics Released

Motorola is expected to announce its next generation Xoom 2 and new smart phone Spyder next week so naturally leaked pictures are already going tech sites and blogs. This set of leaked pictures has the Motorola Spyder, also known as Droid Razr and the Xoom 2 with the carrier logos on the device, this time Verizon.
ranina sanglap Oct 12, 2011

Steve Jobs Memorial: A Quiet Family Affair

Steve Jobs made headlines all around the world with every launch of Apple's new products but more recently, the creative genius made his final headline when he passed away due to pancreatic cancer last Oct. 5.
Czarina Malleta Oct 12, 2011

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