Google Inc. (GOOG) said in a regulatory filing Tuesday that it had set aside a half billion dollars for potential resolution of a U.S. government investigation related to online advertising, the latest in the Mountanview, California's continuing skirmishes with regulators around the world.
Westpac Banking Group chairman Ted Evans has announced plans to retire at the end of 2011, after the company’s annual general meeting.
By Greg PeelGlobal markets remain afraid that Beijing will tighten policy too swiftly and bring China in for a hard landing, thus upsetting global growth.
A skimpy swimsuit print that is part of the newest goddess-inspired collection uncovered by a Byron Bay swimsuit designer angered the Indians.
- Treasury Wine Estates lists following de-merger of Foster's - Brokers initiate coverage with Hold and Underperform ratings- M&A interest possible, Aussie dollar a key earnings driverBy Chris ShawFollowing the de-merger of the wine and beer operations of Foster's ((FGL)), wine group Treasury Wine E...
Westpac (ASX: WBC) says its current Audit Committee Chairman, Lindsay Maxsted will succeed Ted Evans as Chairman when he retires following the 2011 Annual General Meeting on 14 December 2011.
Net inflows of foreign direct investment to the Philippines declined in the first two months of the year, pulled down by a slump in February,
Businesses in Australia will benefit from the latest Federal Budget, following several positive announcements handed down overnight, according to the Commonwealth Bank of Australia (ASX: CBA).
The components of the European markets continue to diverge and are reflected in the strength of the German economy relative to peripheral economies.
Steelmaker and iron ore exporter, OneSteel has downgraded full-year earnings guidance by 14%, a move that justifies the long slump in the share price this year.
The CBI expressed "cautious optimism" for "slow but significant growth this year and next". It is predicting 1.7 per cent growth this year and 2.2 per cent the next, in line with its last forecast in February and a little weaker than the government and the Bank of England expect.
Ramplin Capital, acting as independent director to the SEB Prime Solutions UCITS platform, would like to announce that Vertex Capital Management Ltd, the London-based investment advisory firm, has launched a new UCITS fund via SEB Prime Solutions.
Hedge funds were up 1.73% in April making it ten consecutive months of positive returns for the industry. Managers handled the mid-month volatility skillfully to post strong returns for the month. Trend-following strategies were the most successful as the markets' movements were positive at the start of the month and ended with a sharp upturn. The MSCI AC World Index was up 1.84%1 during the month.
By Greg PeelThe Dow rose 75 points or 0.6% while the S&P gained 0.8% to 1357 and the Nasdaq added 1%.Australia's trade balance rebounded sharply in March driven by a 40% recovery in coal exports above a flooded February result.
U.S. stocks advanced Tuesday, as investors drew encouragement from Microsoft Corp.'s $8.5 billion deal for Skype Technologies and from signs of strength in the U.S. economy and overseas. The Dow Jones Industrial Average climbed 75.68 points, or 0.6%, to close at 12760.36, led by Walt Disney Co., which rose 1.9%, and Hewlett-Packard Co., which gained 1.3%.
In April, the total value of imports and exports increased 25.9% year on year to $US299.95 billion.
Job advertisements on the internet and in newspapers have increased by 20.5% compared to this time last year, according to ANZ's latest survey.
J.P. Morgan reported that commodity prices tumbled last week, with the S&P's GSCI All-metals Spot Index dropping 11.2%.
International credit rating agency Standard & Poor's Ratings Services said May 9 that is has lowered its long-term issuer credit rating on New Zealand finance company NZF Money Ltd. (NZF) to 'CCC-' from 'CCC'.
Amidst a recession, housing starts in Japan dipped below 1 million units in 2009 and 2010, the first time in four decades. Following an earthquake in March that killed thousands and destroyed more homes, Sekisui House Ltd. (1928), Japan's second-largest home builder, expects the biggest housing boom in 15 years, according to Bloomberg News.
Visit the new section of the Android Market at market.android.com/movies
It was a quiet session to start the week yesterday however ongoing speculation of upcoming interest rate rises and a 1% increase in job advertisements last month meant the Aussie Dollar steadily gained ground throughout the Asian session.
Among the major banks, National Australia Bank fell 20 cents to $27.64, ANZ lost 32 cents at $23.07, Westpac dipped 46 cents to $23.60 and Commonwealth Bank eased 45 cents to $52.20.
US import prices rose by 2.2pct in April, driven by a 7.2pct lift in petroleum prices. Export prices rose by 1.1pct. Economists had tipped a 1.8pct rise in import prices and 0.9pct lift in export prices.
The Insurance Council of Australia has released updated figures on how the general industry has responded to the enormous task of assessing over 118,000 insurance claims received as a result of the Queensland floods and Cyclone Yasi.
Recently introduced budget auto, the Chery J1, China’s first passenger car in the Australian market has been rated just three stars out of a possible five by the Australasian New Car Assessment Program (ANCAP).
The AUD has rallied overnight to be currently trading around USD1.0800 after a rebound in commodity prices lifted our local currency.
Whether it was simply mis-communication or over-eagerness on the part of the translator, the report last week that the Chinese government intended to invest in Spanish banks caused a small rift in Sino-European relations.
It was a quiet session to start the week yesterday however ongoing speculation of upcoming interest rate rises and a 1% increase in job advertisements last month meant the Aussie Dollar steadily gained ground throughout the Asian session.
Cisco Systems Inc. (CSCO) will hold a conference call for Wednesday, May 11, 2011 at 1:30 PM (PT), to discuss its third quarter fiscal year 2011 results, amid a management shake-up that began last month. Financial results will be released after the close of the market on Wednesday.
