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Gold Regains Foothold

Gold futures on Tuesday regained its foothold after a three-day slide on a weakened U.S. dollar and renewed investor confidence fuelled by encouragement that European fiscal regulators are working overtime on a bailout fund to address the region's debilitating sovereign-debt crisis.
Esther Tanquintic-Misa Sep 28, 2011

Good News Story Continues For Campbell Bros

- Campbell Brothers (again) lifts interim earnings guidance- Upgrade reflects continued strength in minerals testing volumes- Brokers lift earnings forecasts- UBS and Macquarie see value at current levelsBy Chris ShawHaving previously guided to 1H12 net profit of $90-$95 million, management at Campb...
Admin System Sep 28, 2011

China Vows Stronger Support for North Korea's Economic Reforms

Beijing's efforts to revive the six-nation nuclear disarmament dialogue with North Korea will still be pursued amidst China's efforts to continue assisting North Korea in boosting economic and trade reforms, reports Xinhua News Agency.
Kay Aviles Sep 28, 2011

You Can Bank On It

By Greg PeelBank analysts figured it out a while back, but unfortunately the market has not, particularly foreign investors in the Australian market.
Admin System Sep 28, 2011

Australia Stock Market Overview - 09/28/2011

US home prices were unchanged in seasonally adjusted terms in July. The S&P/Case Shiller 20-city home price index was unchanged in the month but up 0.9pct in unadjusted terms to stand 4.1pct lower than a year ago. US consumer confidence rose from 45.2 to 45.4 in September. And the Richmond Fed manufacturing index improved from minus 10 in August to minus 6 in September.
Christine Gaylican Sep 28, 2011

Asia-Pacific Markets Overview - 09/28/2011

Australia's stock markets are expected to to see further gains at the open of trade as stocks continue their relief rally. Once again, there is very little in the way of local economic news so sentiment is going to continue to be dominated by the big macro forces in play.
Christine Gaylican Sep 28, 2011

Global Markets Overview - 09/28/2011

U.S. stocks rose Tuesday, even as a sharp afternoon downdraft prompted U.S. stocks to erase more than half of their earlier gains, as investors fretted over a report that highlighted a potential split in the euro zone over the terms of Greece's second bailout. The Dow Jones Industrial Average finished the session up 146.83 points, or 1.3%, at 11190.69, after surging as much as 325 points earlier in the session. The gains came a day after the blue-chip index climbed 272 points.
Christine Gaylican Sep 28, 2011

Australian Stock Market Report - CLOSING - 09/27/2011

AFTERNOON REPORT (4.30pm AEST)The Australian share market snapped a three day losing streak today, rallying by 3.5pct as investor sentiment was boosted by hopes European leaders will announce fresh measures to address the sovereign debt crisis. The All Ordinaries Index (XAO) added 135.9pts to 4063.5, after touching an intra-day high of 4049. The S&P/ASX 200 Index (XJO) firmed by 140.7pts or 3.6pct to 4004.6.
Christine Gaylican Sep 27, 2011

Netflix, Dreamworks Announce Streaming Deal

Netflix Inc. and DreamWorks Animation has reached a multi-year streaming deal that gives Netflix exclusive rights to run DreamWorks feature films and television specials.
ranina sanglap Sep 27, 2011

Japan Steps up Decontamination near Fukushima Plant

A few days after alarming levels of radioactive cesium and iodine 131 were reported near the crippled Fukushima Daiichi nuclear plant, local officials plan to decontaminate homes within 60 kilometers, NHK World News reported.
Kay Aviles Sep 27, 2011

Asia-Pacific Markets Report - Afternoon 9/27/2011

Across Asia, regional markets are all sharply higher following the strong rebound rally seen in overnight trade amidst renewed hopes the latest plan European officials are working on will help ease the debt crisis. The Kospi is the best performer, up 4.1% while the Shanghai Composite, Nikkei 225 and Hang Seng are all up between 0.5% and 2.5%.
Christine Gaylican Sep 27, 2011

SEC Probes S&P for Ratings of Mortgage Securities

The U.S. Securities and Exchange Commission is investigating Standard & Poor on suspicion of issuing a complex mortgage security identified as Delphinus in 2007, at a time when the housing market already was crumbling.
Joseph Alan Alonso Sep 27, 2011

Fashion Magazines Getting into the Retail Business

Fashion magazines are now selling the goods they cover in e-commerce sites and could potentially become competitors to retail stores like Neiman Marcus and Barneys New York.
ranina sanglap Sep 27, 2011

Australia Stock Market Report - Afternoon- 09/27/2011

MIDDAY REPORT (12pm AEST)As expected, the Australian share market is wiping out yesterday's falls with the All Ordinaries index (XAO) up 2.9 pct or 114.9 pts to 4042.5. Keep in mind that despite the improvement, the market locally has still lost ground for five of the past seven sessions.
Christine Gaylican Sep 27, 2011

Good Guy Vibrations

- The Good Guys are up for sale- A chance for Woolies or Wesfarmers?- The business could bolster either's hardware chainsBy Greg PeelCome in a see the Good, Good, Good Guys / Pay cash and we'll slash low prices.
Admin System Sep 27, 2011

Air New Zealand Hikes Stake by 5% in Virgin Australia

Air New Zealand hiked its stake in Virgin Australia by 5 per cent to 19.99 per cent. With the increase, the flag carrier became the second largest shareholder next to parent firm Virgin Group.
Vittorio Hernandez Sep 27, 2011

Brokers Still Using Banned Terminology

The MFAA has echoed warnings from Gadens Lawyers about the use of the term "independent" in describing the services provided by mortgage brokers.
Jamelle Agbuis Sep 27, 2011

Markets: Gold, Silver Still Down, Shares Calmer, Rise

It's now clear that gold and silver have emerged as the major casualties of the current sell-off, only 10 days after gold dealers and several leading forecasters predicted the price would top $US2,000 an ounce by the end of the year.
Jamelle Agbuis Sep 27, 2011

Greek Parliament Set to Vote on Property Tax Changes

Greek lawmakers are expected to make crucial decisions today on the property tax that may serve as the means to convince the International Monetary Fund (IMF) and European Union (EU) to make available an 8 billion euro ($11 billion) loan.
Joseph Alan Alonso Sep 27, 2011

Telstra Unveils 4G Broadband Access, 4G-enabled Handsets to Follow Soon

Touted as the fastest broadband access available, Telstra announced on Monday the availability of its 4G long-term evolution (LTE) mobile network that the company said will be deployed to eight central business districts (CBDs) and 30 regional metropolitan centres nationwide.
Erik Pineda Sep 27, 2011

Australian Dollar Outlook - 09/27/2011

The AUD has strengthened overnight, opening above USD0.9800, as markets cautiously thought through the possibility the world economy may avoid a global recession.
Christine Gaylican Sep 27, 2011

Rio Tinto Now Owns 49% of Ivanhoe Mines

After the Mongolian government stated it wants to acquire a bigger equity in the Oyu Tolgoi copper and gold mine at a much earlier pace, Rio Tinto has cemented its shareholdings on the company, Ivanhoe Mines, which directly manages the said mining project in Mongolia. Rio Tinto now owns 49 percent of Ivanhoe Mines.
Christine Gaylican Sep 27, 2011

Volatility Hits Uranium

By Greg PeelIt was a relatively busy week in the spot uranium market last week given industry consultant TradeTech reports eight transactions were completed totalling over a million pounds of U3O8 equivalent.
Admin System Sep 27, 2011

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