BUSINESS

Australia Told: Be Careful Treading Privacy Issues vs Press Freedom

Should Australia have tighter privacy laws to avoid a similar phone hacking scandal involving the media? Treading on press freedom and creating policies to protect individual privacy are delicate issues that government authorities and law makers are assessing amidst the phone hacking issue in the United Kingdom involving News Corp owned by Rupert Murdoch, serving as a test case for media organizations in the country.

Why Aussies Have Embraced The Group-Buying Craze

Group buying in Australia is relatively new, being only introduced in 2010 but, it has become the fastest growing sector in the online retail market. In its initial year group buying websites in Australia have already generated 63 million dollars in sales, according to a study in telsyte.com.
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The U.S.: Markets Wobble On Debt Ceiling/Downgrade Dangers

Markets are shaky as the American political classes show the rest of the world their irresponsibility and inability to see the bigger picture, especially the so-called Tea Party newcomers in the U.S. House of Representatives.
Jamelle Agbuis Jul 26, 2011

NBN: More Competition Drives Internet Service Prices Lower

Consumers are given better access to lower-priced internet service, according to Minister for Broadband, Communications and the Digital Economy, Senator Stephen Conroy citing one of the key benefits of the National Broadband Network (NBN) network.
Christine Gaylican Jul 26, 2011

Regis Resources Retains Longer-Term Appeal

- Regis Resources again beat expectations for quarterly production- Garden Well mine to lift output to 300koz from FY13- Quality assets, potential mine life expansion make the company an acquisition target- RBS downgrades to Hold on valuation groundsBy Chris ShawEmerging gold producer Regis Resource...
Admin System Jul 26, 2011

Global Markets Overview 07/26/2011

U.S. stocks fell Monday, as the deadlock in Washington's debt negotiations left investors uncertain whether the U.S. can avoid a default or a credit downgrade
Lawrence Villamar Jul 26, 2011

World Market Overview 7/26/2011

Australian share closed sharply lower on concerns the US government may default if an agreement cannot be reached on raising its debt ceiling.
Jamelle Agbuis Jul 26, 2011

Australian Stock Market Report 7/26/2011

The Dallas Fed Manufacturing Index contracted at a slower pace in July. Business activity improved from -17.5 to -2 in July. Across the sub indices new orders, production and employment all recorded healthy gains.
Jamelle Agbuis Jul 26, 2011

The Economy: Inflation To Ease?

Inflation and interest rates will grab the headlines in Australia this week with the all important June quarter consumer price index figures due out on Wednesday.
Jamelle Agbuis Jul 26, 2011

Unilever commits to "low-carbon future"

Unilever has released a statement encouraging political leaders to take "ambitious steps" to tackle climate change, and rejecting media suggestions that it will oppose the Government's carbon tax.
Jamelle Agbuis Jul 26, 2011

China to Investigate Fake Apple Store

Reports on the Apple store that isn't has prompted Chinese officials to launch an investigation in the city of Kunming on the electronics store.
ranina sanglap Jul 25, 2011

Coles Wins in Milk Discounting Dispute

The Australian Competition and Consumer Commission has cleared Coles in milk price wars, saying there is no evidence that the supermarket giant has acted in breach of the Competition and Consumer Act 2010 (CCA).
Sharon Olalia Jul 25, 2011

DIARY: Inflation, US Debt, Results Here, US, Asia, Europe

The coming week here and offshore will be dominated by Australian inflation, Japanese production data, the first estimate of US second quarter economic growth, and the early forecast for the UK economy, not to mention the continuing US second quarter profit season, and the start of the Australian June 30 reporting rush.
Jamelle Agbuis Jul 25, 2011

World Market Overview 7/25/2011

The Dow industrials' decline came as most major market indexes around the world finished with gains. Even so, the blue-chip index finished with a strong weekly advance after several days dominated by concerns over debt negotiations in Washington and Brussels.
Jamelle Agbuis Jul 25, 2011

The 'vision thing' in leadership

Australia has everything to play for, and every advantage it could hope for, but it also has every chance of blowing its future prospects. So says a 16-page special report in the May 2011 issue of the internationally recognised journal, The Economist.
Jamelle Agbuis Jul 25, 2011

GrainCorp buys European malt producer

Australian grains marketer and maltster GrainCorp is buying European malt producer GermanMalt GmbH & Co KG for $77 million. GermanMalt has four malthouses, with 190,000 tonnes of malting capacity per annum.
Sharon Olalia Jul 25, 2011

Go Gecko…..going going gone!

In news this week, on Tuesday Go Gecko Pty Ltd went into Voluntary Administration leading to the closure of 2 Go Gecko stores with 6 more facing a review by the Administrator.
Jamelle Agbuis Jul 25, 2011

Australian Stock Market Report 7/25/2011

US congressional leaders struggled over the weekend to come up with a plan to prevent the government defaulting on its debt payments and to allow government social security payments to continue to made.
Jamelle Agbuis Jul 25, 2011

Australian Stock Market Report - Morning 07/25/2011

US congressional leaders struggled over the weekend to come up with a plan to prevent the government defaulting on its debt payments and to allow government social security payments to continue to made.
Lawrence Villamar Jul 25, 2011

Newcrest's Upside Potential Attracts

- Newcrest production in line, but costs higher- Forecasts and targets trimmed- Investment case remains favourable given expansion potentialBy Chris ShawAustralia's leading producer of gold and copper, Newcrest ((NCM)) updated the market yesterday on both June quarter production and the size of...
Admin System Jul 25, 2011

World Market Report-Overview (7/25/ 2011)

MarketsThe Dow industrials' decline came as most major market indexes around the world finished with gains. Even so, the blue-chip index finished with a strong weekly advance after several days dominated by concerns over debt negotiations in Washington and Brussels. The Dow added 1.6% during the week, and is up 2.2% for July, falling just short of a multiyear high. Hurting stocks on Friday was a belief that U.S. debt talks would fail to come to a quick conclusion.
Christine Gaylican Jul 25, 2011

Google+ vs. Facebook: Will General Audience Accept Google's Social Network?

Search giant Google Inc. had this entrance strategy for its new social network -- launch the service without fireworks, release a beta version of the service to select individuals, and have others join via a by-invitation scheme. So far, the technique, the same done for Google's gmail, appears to be working as Google+ has already gained 20 million unique visitors just three weeks into its release, according to estimates by Web-traffic watcher comScore Inc.
Carlo Fernandez Jul 24, 2011

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