BUSINESS

Greece 1: RBA Relaxed On Local Banks

As the decision in the Greek Parliament approaches, a senior official at the RBA says there are few parallels between Lehman Brother's collapse in September 2008 and Greece, should it default.
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Resources: Murchison Facing Oakajee Finance Problems

More problems for the troubled Oakajee iron ore port and rail project proposed for the Western Australian Midwest, with one of the two developers revealing money-raising problems.
Jamelle Agbuis Jun 28, 2011

The Toshiba Tablet: Practical and Convenient

The iPad has been dominating the tablet market for some time now and any new tablet released would have to go up against the Apple giant. The new Toshiba AT 100 better known as the Toshiba Tablet and the Thrive in the US proves that there are other tablets just as good as Apple's iPad.
ranina sanglap Jun 28, 2011

Monaco is STILL Most Expensive Place to Buy a Home

$65,600. a few years ago that would have bought you a property where I live. Now, that is the average price of a property in Monaco, per square meter. The figure comes from the latest release of Knight Frank's global index of luxury property prices. According to the index London is the second most expensive at $56,300, but this is hardly surprising given the advent of One Hyde Park, a block of flats with none priced under a million pounds.
Kimmy Peterson Jun 28, 2011

Many Australians unprepared for retirement --study

Australia still needs to spur its campaign to urge citizens to prepare for retirement, a new research done by Roy Morgan said in order to achieve a 90 percent average confirming plans for the said years.
Christine Gaylican Jun 28, 2011

Aussie share market, dollar step up

At lunch the Australian share market is having a much better day, with the All Ordinaries index (XAO) around 0.4 pct or 19.7 pts higher to 4533.5. Close to all sectors are higher, with gains from the banks and miners helping to keep the market in positive territory.
Christine Gaylican Jun 28, 2011

Uranium Buyers Cautious

By Greg PeelAt the end of May it was confirmed that trading company Traxys had agreed to acquire the entire 5.
Admin System Jun 28, 2011

Global Markets Overview 06/28/2011

U.S. stocks closed sharply higher Monday, snapping a three day losing streak, as the technology sector surged and financial stocks jumped on banking capital requirements that were less onerous than expected.
Lawrence Villamar Jun 28, 2011

NAB Sees Support And Supply Kicking In For Commodities

- NAB updates commodity market outlook- Base metals and bulk prices should remain supported this year but ease in 2012- Oil price expected to stabilise, modest decline likely in gold priceBy Chris ShawAn easing in most non-rural commodity prices in May has been followed by subdued price growth in Ju...
Admin System Jun 28, 2011

Bank wars haven't spurred refis

Well-publicised efforts to see borrowers jump ship on their home loans have gained little traction, according to a new survey.
Jamelle Agbuis Jun 28, 2011

Greece: D-Day Approaches

Five to six votes, maybe 10 is all that stands between Greece agreeing to the latest austerity package and a temporary bailout and the country lurching towards default and a possible return of the GFC.
Jamelle Agbuis Jun 28, 2011

Banks: Aust. Banks, Market Weaken On Fears, Again

A couple of times this year we have carried reports of comments from senior Reserve Bank officials which have questioned the sustainability of Australian bank earnings.
Jamelle Agbuis Jun 28, 2011

Non-con loans to face new scrutiny

The future of specialised lenders is in question with the advent of NCCP requirements, it has been claimed.
Jamelle Agbuis Jun 28, 2011

Woolworths settles in 'Honest to Goodness' dispute

"What is unique about Honest to Goodness is our ethics, ideals and principles behind the products we choose to sell and the way we do business, so seeing Honest to Goodness plastered all over Woolworths was devastating for us and our customers and we were left with little choice".
Jamelle Agbuis Jun 28, 2011

World Market Overview 6/28/2011

The Australian share market fell more than one per cent as investors nervously await for a vote by the Greek Parliament on measures to reduce that country's high debt.
Jamelle Agbuis Jun 28, 2011

Australian Stock Market Report 6/28/2011

US personal income rose by 0.3pct in May while spending was unchanged. Both readings were slightly weaker than market expectations.
Jamelle Agbuis Jun 28, 2011

Apple iPhone already the top mobile brand in Australia

Despite a 5% year-on-year dip in the overall market, iPhone shipments soared 13% quarter-on-quarter, with Apple becoming the top mobile device vendor in Australia for the first time, with nearly one third market share, Research firm International Data Corp.'s Q1 2011 Mobile Device Tracker revealed.
Carlo Fernandez Jun 28, 2011

Population growth slows in 2010

Australia's annual population growth rate slowed to 1.5% in 2010, down from the 2008 high of 2.2%.
Jamelle Agbuis Jun 27, 2011

Top Ten Weekly Recommendation, Target Price, Earnings Forecast Changes

By Rudi Filapek-VandyckGreece is burning (sort off) and the Federal Reserve doesn't really know what's happening inside the US economy, but here at FNArena, the least we can do is inform investors about what is happening underneath the facade of every day moving share prices.
Admin System Jun 27, 2011

Oz Property Prices To Grow Through 2013 - BIS Shrapnel

- BIS Shrapnel expects moderate residential price growth through to 2014- Residential property prices to benefit as economic growth picks up, lifting demand- Best gains expected in the Sydney, Perth and Brisbane marketsBy Chris ShawAccording to BIS Shrapnel's 'Residential Property Prospect...
Admin System Jun 27, 2011

Top Ten Weekly Recommendation, Target Price, Earning Forecast Changes

By Rudi Filapek-VandyckGreece is burning (sort off) and the Federal Reserve doesn't really know what's happening inside the US economy, but here at FNArena, the least we can do is inform investors about what is happening underneath the facade of every day moving share prices.
Admin System Jun 27, 2011

Consolidation, Then Breakout?

FNArena has added another video to its Investors Education section on the website. This latest ATW broadcast was compiled ahead of the FOMC meeting but still offers technical insights into support zones, consolidation patterns and potential break-outs.
Admin System Jun 27, 2011

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