The Aussie opens higher on Monday at 0.9850 and received a boost after comments by U.S. Treasury Secretary Timothy Geithner at the weekend's G-20 conference.
Sharon Olalia Oct 25, 2010
Chi-X Global Inc. is still set to work towards launching in March 2011, in spite the growing threat of a tougher competitive environment with the bid takeover of the Singaporean bourse of rival ASX Ltd.
Christine Gaylican Oct 25, 2010
Canadian Equinox Minerals Limited (TSX and ASX: EQN) ("Equinox") has announced that it has completed an agreement Australia's Resource Group Limited (ASX:CGG) ("Citadel"), under which Equinox proposes to acquire all of the issued and outstanding shares of Citadel by way of a recommended takeover offer (the "Offer"). The Board of Citadel has recommended unanimously that Citadel shareholders accept the Offer, in the absence of a superior proposal.
Christine Gaylican Oct 25, 2010
The Singapore Stock Exchange is set to offer some A$8.4 billion deal to Australia's ASX that targets to build one of the biggest exchange trading hubs in the Asia-Pacific as competition stiffens in the local arena.
Christine Gaylican Oct 25, 2010
The Australian share market ended the week higher on Friday, led by miners and the banking sector.
Sharon Olalia Oct 22, 2010
The local share market managed to notch up a win for the final session of the trading week, on the back of a positive offshore lead. The All Ordinaries Index (XAO) gained 23.2pts or 0.5pct to 4719.6 while the S&P/ASX 200 Index (XJO) added 25.3pts or 0.6pct to 4648.2
Sharon Olalia Oct 22, 2010
Toyota Australia decided on a recall after all, as the carmaker revealed on late Friday that it was going along with its parent company’s announcement in Japan of up to 1.5 million vehicle recalls across the globe.
Erik Pineda Oct 22, 2010
Another player emerged in the ongoing Channel Ten share market swing drama as a note lodged to the Australian Securities Exchange on Friday showed that Birketu Pty Ltd moved to increased its stake on Ten Network Holdings Ltd (ASX: TEN)
Erik Pineda Oct 22, 2010
New figures released by the Australian Bureau of Statistics (ABS) on Friday pieced together the roller-coaster ride experienced by Australian businesses during the global financial crisis that sunk much of its pangs on the local economy from late 2008 to the best part of 2009.
Erik Pineda Oct 22, 2010
Farmer-Shareholders of food producer SunRice are seriously considering the $600-million offer of Spanish firm Ebro Foods.
Christine Gaylican Oct 22, 2010
BHP Billiton Ltd chairman Jac Nasser is upbeat that, despite the heightening currency and global trade disputes, emerging markets from across the world have shown significant and exciting growth prospect.
Erik Pineda Oct 22, 2010
Amazon Web Services LLC (AWS) announced that developers and businesses will be able to take advantage of a new free usage tier for a full year.
Lawrence Villamar Oct 22, 2010
Chi-X Global Inc. is preparing a unique trading platform that could provide the fast and efficient platform beneficial to Australian and foreign investors keen on participating in the market action worldwide.
Christine Gaylican Oct 22, 2010
More stringent auditing requirements for self-managed super funds (SMSFs) foreshadowed in the Cooper Review will needlessly increase costs, the national accounting firm Chan & Naylor argued on Friday.
Sharon Olalia Oct 22, 2010
Currency and equity markets are on the up trend at today's trading as markets speculate that the G-20 summit scheduled this weekend in South Korea will resolve the currency devaluation issue.
Christine Gaylican Oct 22, 2010
The chain of recall issues that Toyota has been facing this year appears yet to be broken as the world’s number one carmaker announced this week that up to 1.5 million car models need to be rechecked for possible brake system failure.
Erik Pineda Oct 22, 2010
The AUD rallied yesterday before retreating again overnight to below USD 0.9800.
Sharon Olalia Oct 22, 2010
U.S. stocks bounced higher in a day of choppy trading Thursday as encouraging corporate earnings overshadowed jitters over recent currency fluctuations.
Sharon Olalia Oct 22, 2010
The US Philadelphia Fed index rose from -0.7 to 1 in September. Despite still being weak sub indices including new orders, shipments and employment all improved.
Sharon Olalia Oct 22, 2010
Growth and inflation figures released from China supported their move to increase interest rates earlier this week. Chinese GDP expanded 9.6% for the previous quarter, exceeding expectations, while inflation accelerated at its fastest pace in 23mths at a rate of 3.6%.
Sharon Olalia Oct 22, 2010
Nokia revealed to its employees that it plans to accelerate its transformation and increase effectiveness. Nokia's plans will directly result to the laying of an estimated 1, 800 employees globally.
Lawrence Villamar Oct 22, 2010
The Australian Competition and Consumer Commission will look into the recent purchase of billionaire Mr. James Packer's acquisition of an 18% stake in Ten Network Holdings Ltd. (ASX: TEN.AU).
Christine Gaylican Oct 22, 2010
A decline in new business registrations sent the number of actively trading businesses in Australia 1 per cent lower in 2008/09, according to data released today by the Australian Bureau of Statistics (ABS).
Sharon Olalia Oct 22, 2010
comScore, Inc. (NASDAQ: SCOR) announced that it will offer free participation in Media Metrix 360 to online publishers in Hong Kong and Taiwan.
Lawrence Villamar Oct 21, 2010
Foreign and local pension funds are eyeing Australian infrastructure projects as safe investments that could create good rates of return, the Royal Bank of Scotland Group Plc said.
Christine Gaylican Oct 21, 2010
Iron ore miner Fortescue Metals Group Ltd (ASX: FMG) scored on Thursday a media report suggesting that the company’s declared Solomon Project cost overshot by almost $US2 billion, arguing that the news article was based on an incomplete and confidential document.
Erik Pineda Oct 21, 2010
The Australian share market closed flat on Thursday as stronger resource stocks offset weakness in the financials sector.
Sharon Olalia Oct 21, 2010
Australian shares closed mixed today, as losses from the banks offset strong momentum seen in early trade off the back of a positive offshore lead.
Sharon Olalia Oct 21, 2010
Leighton Holdings Ltd (ASX: LEI) said the competition watchdog has decided not to grant the relief sought by the company's German parent Hochtief.
Sharon Olalia Oct 21, 2010
The drought that crept on much of the state for a ten-year run has been officially declared as over yet majority of New South Wales growers are still wary about the prospect of farming in the region.
Erik Pineda Oct 21, 2010
