QE3: A world away from QE2
By Kathleen Brooks, Research Director UK EMEA, FOREX.comI think the markets have made up their mind: QE3 isn't going to be as fun as QE2.
Australia's Services Sector Growth Jumps in August
A welcome lift in new orders and sales took the services sector into positive territory in August according to the latest Australian Industry Group/Commonwealth Bank Australian Performance of Services Index (Australian PSI®). The seasonally adjusted index rose 3.3 points to 52.1 in the month (readings above 50 indicate an expansion in activity).
Australian Stock Market - Morning Report 09/05/2011
US non-farm payrolls (employment) were unchanged in August, well below forecasts for a 70,000 lift in jobs. Private payrolls rose by 17,000 and hourly earnings fell by 0.1pct. But the household survey showed a 331,000 lift in jobs and the unemployment rate was unchanged at 9.1pct.
Global Markets Overview 09/05/2011
Investors dumped stocks and sent Treasury yields to record lows Friday as a dismal jobs report renewed fears of a recession.
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Samsung Has Aces Up One's Sleeve in Fight Against Apple
At this year's IFA, the world's largest consumer electronics and home appliances show, Samsung CEO Choi Gee Sung said Samsung would never acquire webOS. Korea-based Samsung already has the Bada mobile OS, which is popular in China and other parts of Asia, and it's relying on Google's assurances that it remains committed to Android partners. Motorola also has a deep portfolio of patents that can be used for Google's counterstrike against Apple and others.
Sep 03, 2011
China's Soon to be Home to World’s Millionaires
Half of the wealthiest people in Asia will be from China by 2015, shows the latest Julius Baer Group and CLSA Asia Pacific Markets study published on Aug. 31.
Marbelyn Alar Sep 03, 2011
Metcash Targets To Seal Franklins Deal Sooner
Metcash expects to conclude its acquisition of Franklins by end of September 2011.
Alena Flores Sep 03, 2011
Hitachi, Sony, Toshiba Merge LCD Business
Hitachi, Sony, Toshiba merge their LCD businesses and with200 billion yem funding from Innovation Network Corporation of Japan (INCJ) aims to develop next generation technologies
Alena Flores Sep 03, 2011
IFA 2011: Setting The Stage for iPad's Ultimate Downfall [PHOTOS]
IFA, the world's largest consumer electronics and home appliances show, could be host to a device that would topple Apple's iPad.
Sep 03, 2011
Glencore To Acquire Optimum Coal
Glencore announces plans to acquire Optimum Coal as the company is bullish of coal demand in the international market
Alena Flores Sep 02, 2011
Rent at Sydney's Pitt Street Mall If You Dare
Rent at Pitt Street Mall in Sydney jumped 33 percent putting it in the fourth spot among the world's most costly real estate properties, Cushman & Wakefield said in its latest report.
Alena Flores Sep 02, 2011
Woolworths Buys Compass Hotel Group
Woolworths' retail liquor giant ALH Group has acquired the Compass Hotel Group Ltd's portfolio of 12 hotels and bottle shops in Perth.
Sharon Olalia Sep 02, 2011
Toyota Confirms Shutdown Of Altona Plant Due To Workers' Strike
Unable to reach a pay hike agreement, Toyota Australia workers go on strike cripping the Altona manufacturing plant
Alena Flores Sep 02, 2011
Toyota Forced to Stop Production as Workers Go on Strike
Toyota Australia was forced to stop production at its Altona vehicle manufacturing plant today as employees took protected industrial action in the form of a 24 hour stoppage.
Sharon Olalia Sep 02, 2011
National Australia Bank to Open Office in Jakarta
National Australia Bank (ASX:NAB) has been granted by Bank Indonesia, the Central Bank of Indonesia, a licence to establish a representative office in the country.
Sharon Olalia Sep 02, 2011
‘L.A. Noire’ Developer Team Bondi in Administration
The developer of the award winning game "L.A. Noire" has entered administration according to a report from the Australian Securities and Investments Commission.
ranina sanglap Sep 02, 2011
Jetstar Eyes Stronger Presence in China
Jetstar, Australia's low cost carrier, is looking at expanding presence in China to fuel the company’s long-term growth
Alena Flores Sep 02, 2011
CSR Restructure Cuts 100 Jobs
CSR has announced a restructure of its Viridian Glass business that will cause about 110 redundancies, in a bid to lift profits.
Sharon Olalia Sep 02, 2011
Big Price Discounts Fail to Boost Fixed Rate Demand
Demand for fixed interest rate home loans increased by less than 1 percent of approvals over August despite lenders offering large reductions to the cost of their fixed term loans, according to one of Australia’s largest independently-owned mortgage broker.
Sharon Olalia Sep 02, 2011
Telstra CEO Believes ACCC Will Eventually Favour its SSU
Telstra Corporation is far from being alarmed over the assessment issued this week by the country’s consumer watchdog, stating that the present form of its structural separation undertaking (SSU) leaves more room for improvements.
Erik Pineda Sep 02, 2011
Australia Retail Sales Better Than Expected but Economists Wary
A brief ray of sunshine shone on overwhelmed retailers with the Australian Bureau of Statistics revealing that retail stores sales increased by 0.5 percent in July beating the predicted 0.3 rise by economists.
ranina sanglap Sep 02, 2011
ASIC Launches Surveillance for Credit Providers
ASIC has launched another surveillance program aimed at ferreting out unlicensed credit providers.
Jamelle Agbuis Sep 02, 2011
Japan's New Leader Noda Faces Big Expectations Amidst Tough Times
Japan's newest Prime Minister, Yoshihiko Noda, has revealed the members of his new cabinet in Tokyo on Friday after being sworn in as the country's third leader in a short span of less than a year.
Jamelle Agbuis Sep 02, 2011
Commercial Property Market Demand Expected to Rebound
The commercial market is quiet, but the next few months could see a flood of interest .
Jamelle Agbuis Sep 02, 2011
FBAA Disagrees with MFAA Merger
The FBAA will not consider a merger with rival body the MFAA, and the industry is in fact better off with two separate representative associations, according to FBAA president Peter White.
Jamelle Agbuis Sep 02, 2011
Melbourne Property on The Block
If anyone needed proof of the unique Australian obsession with property as a method of quick capital gain, they need look no further than hit TV show "The Block."
Jamelle Agbuis Sep 02, 2011
Samsung Unveils the Galaxy Note to Rival the iPad
Samsung launched what it calls the "largest screen size with smartphone portability" on Thursday at the IFA technology show in Berlin.
ranina sanglap Sep 02, 2011
Apple Suppliers in China Accused of Environmental Pollution
A non-government organization has identified Apple Inc. as one main contributors to environmental pollution in China.
Marbelyn Alar Sep 02, 2011
No Stress: MFAA Joins ASIC Campaign
The MFAA will join forces with ASIC to combat mortgage stress, it has been revealed.
Jamelle Agbuis Sep 02, 2011
iPhone 5 Lost? Apple Incompetence or Publicity Trick?
The story about the lost iPhone 5 prototype in a San Francisco bar is now looking less probable.
ranina sanglap Sep 02, 2011
Overall Australian Investments Head South, Mining Swings Further North
There is no stopping Australia’s resources boom and it appears that investors are racing to cash-in on the surging profits projected from mining activities, according to the latest figures issued on Friday by the Australian Bureau of Statistics (ABS).
Erik Pineda Sep 02, 2011
CEO Challenge: Sell 'The Big Issue' to Help the Homeless
CEOs in Sydney and Melbourne are being asked to swap their suits for fluoro vests and try their hand at selling The Big Issue magazine to support homeless and disadvantaged people.
Jamelle Agbuis Sep 02, 2011
HIA Warns of Half-Million Shortfall for Housing
At its current pace of construction, Australia could face a housing shortfall of half a million homes by 2020, the HIA has claimed.
Jamelle Agbuis Sep 02, 2011
The Economy: Still Mixed, But The Investment Boom Powers On
As we once again approach a monthly Reserve Bank board meeting, the Australian economy is not providing any guidance for the central bank, or individuals.
Jamelle Agbuis Sep 02, 2011
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