Markets in Asia, Europe and the US were sold down for a second day in the past three on these fears.
Jamelle Agbuis Jul 28, 2011
Despite yesterday's higher than expected inflation figures, does anyone seriously expect the Reserve Bank to lift interest rates next Tuesday? Certainly all that silly talk about a rate cut has been exposed for what it was: nonsense, even though Westpac was sticking to its call yesterday.
Jamelle Agbuis Jul 28, 2011
Rio Tinto's NSW-based majority owned subsidiary, Coal and Allied, has revealed the benefit of not being a Queensland-based coal miner and exporter in the six months to June 30.
Jamelle Agbuis Jul 28, 2011
Throughout the history of agriculture across the globe, farming has always been a diversified sector of the economy. Small, self-sustaining, family farms were the order of the day in most cultures.
Jamelle Agbuis Jul 28, 2011
An armed man approaches an innocent old lady on the street, shoves his gun in her face and screams, "Give me everything you own!" The little old lady, flummoxed but determined, angrily answers back, "Screw you! I'm not giving you one red cent!"
Jamelle Agbuis Jul 28, 2011
By Greg PeelQuick! Everyone running screaming back to the other side of the listing boat again!The thing about central bank interest rate moves is that they're always difficult to get right in terms of timing, but rarely are they difficult to get right in terms of direction.
Admin System Jul 28, 2011
US stocks fell sharply on Wednesday, in the third consecutive day of losses, as investors feared the country's debt-ceiling standoff could force a default or downgrade of US Treasury debt.
Jamelle Agbuis Jul 28, 2011
More than 300 jobs are expected to be lost under plans by Telstra to relocate some services to India as well as other offshore locations.
Jamelle Agbuis Jul 28, 2011
With the resources sector poaching limited labour from other states with the promise of huge wages, business heavyweights are warning that the rest of the Australian economy is not prepared and cannot compete.
Jamelle Agbuis Jul 28, 2011
Companies often claim that people are their best asset. For that to be true, it is important to invest in employees through training and other learning opportunities.
Jamelle Agbuis Jul 28, 2011
US durable goods orders fell 2.1pct in June after a 1.9pct increase in the prior month. Excluding transportation orders rose by a modest 0.1pct. A proxy for business spending - Non-defence capital goods orders excluding aircraft - slipped 0.4pct after a 1.7pct rise in May.
Jamelle Agbuis Jul 28, 2011
Anticipation in the consumer electronics world is soaring for the launch of Apple's iPhone 5, which is rumored to be hitting store shelves this fall. About 35 percent of consumers plan to purchase the latest iPhone upon its release, according to a survey by PriceGrabber, a part of online shopping site Experian.
Carlo Fernandez Jul 28, 2011
Mozilla announced on July 25 that it is planning to launch its own mobile operating system. Tentatively called "Boot to Gecko" or B2G, the OS is based from Mozilla's open-source "Gecko" layout engine that is already in use with other Mozilla apps like Firefox.
ranina sanglap Jul 27, 2011
Microsoft announced Tuesday the next version of the Windows Phone operating system, code-named Mango, has been delivered to manufacturers and carriers.
Carlo Fernandez Jul 27, 2011
While at the start it was Google Plus that was highlighting Facebook's shortcomings, Facebook is now turning the tables around by providing a one-stop-shop (it's free) that would aid businesses take advantage of Facebook's mass user base.
Carlo Fernandez Jul 27, 2011
AFTERNOON REPORT
(4.30pm AEST)Higher than expected inflation data, coupled with the ongoing stalemate over the US debt crisis, saw local stocks lose ground today. White House officials are still confident a deal to raise the US government´s borrowing power will be agreed upon before the August 2nd deadline, however the worry now is that the US could still have its AAA credit rating downgraded.
Christine Gaylican Jul 27, 2011
Industry groups in Australia have expressed concern as the value of the local currency surges pass the usual parity against the U.S. dollar. Is the rising Australian dollar a blessing or a curse to the domestic economy?
Christine Gaylican Jul 27, 2011
By Greg Peel"I'm sure people are sick of hearing me say," said Glenn Stevens at the Anika Foundation address in Sydney yesterday, "Australia is in the midst of a once-in-a-century event in our terms of trade.
Admin System Jul 27, 2011
Zynga Inc., the largest developer of games on Facebook, will offer a version of "CityVille" in China, the world's biggest Internet market.The free online game, named "Zynga City", will be offered through an alliance with Chinese internet service provider Tencent Holdings Ltd. The game will be launched in open beta on Tencent's Pengyou network in the next few days. The game will be later accessible on QZone, China's main social games platform. Tencent had about 101 mil...
Carlo Fernandez Jul 27, 2011
- Campbell Brothers lifts earnings guidance at AGM- Increase reflects strong lab testing volumes and benefits from recent acquisitions- Valuation is an issue for some stockbrokers, but Macquarie upgrades to OutperformBy Chris ShawThe laboratory services market remains strong if AGM commentary from C...
Admin System Jul 27, 2011
Almost always, Apple never fails to please its loyal followers and tech watchers, the same way that it did last week when the Cupertino, California-based tech giant unveiled the upgraded MacBook Air that is juiced up by Intel’s Core i5 and i7 processors.
Erik Pineda Jul 27, 2011
Struggling industrial conglomerate Alesco Corporation seems to have emerged from a couple of years of tough times, losses and lean profits.
Jamelle Agbuis Jul 27, 2011
Reserve Bank Governor Glenn Stevens has once again demolished a storyline from the investment markets that had developed about retailing and consumer spending.
Jamelle Agbuis Jul 27, 2011
Realcommercial.com.au has long been the dominant commercial real estate portal in Australia. However, this position is under threat, as they face increased competition from new entrants, the ending of guaranteed revenue agreements and improvements to competing portals.
Jamelle Agbuis Jul 27, 2011
US new home sales fell by 1pct to a 312,000 annual rate in June. Economists had tipped a result near 320,000. US consumer confidence surprisingly rose from 57.6 to 59.5 in July, ahead of forecasts centred on a result near 56.0.
Jamelle Agbuis Jul 27, 2011
US stocks fell Tuesday as the deadline for raising the government's debt ceiling stood just one week away, with no signs of a resolution to the bitter standoff in Washington.
Jamelle Agbuis Jul 27, 2011
- Tui has proven AWE's jewel in the crown- Tui's reserves have been downgraded by 50%- AWE now has a lot riding on shaleBy Greg PeelOne might be forgiven for assuming the Australian energy sector has provided substantial shareholder returns over the past five years, what with the price of ...
Admin System Jul 27, 2011
The iPhone 5 will be out this fall, that is, if it will be launched simultaneously with the iOS 5.
Carlo Fernandez Jul 26, 2011
Research In Motion Ltd., the maker of the BlackBerry smartphones, said it will terminate 2,000 jobs, or almost 11% of its workforce, amid losing market share to Apple Inc.'s iPhone and smartphones running on Google's Android operating system.
Carlo Fernandez Jul 26, 2011
SanDisk Corp. has introduced SanDisk Ultra, a new line of solid-state drives for old laptops and desktop computers. SanDisk is marketing the new SSD's -- which it says is more cost effective than purchasing a new computer -- directly to retail consumers instead of PC makers.
Carlo Fernandez Jul 26, 2011