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NAB revaluation on revamped bid

The National Australia Bank (ASX: NAB) will spent “the next few days” deciding on how to continue competition after its failed bid for financial management rival Axa Asia Pacific Holdings Limited (ASX: AXA).

Gold prices dip on week’s closing as investors embrace more risk market trading

Gold further retreated below the $US1250 per ounce level on Friday as the US dollar continued its ascent against major currencies and traders eased down on their frantic support for the precious metal as the week wore on, pushing down spot prices from Thursday’s closing level of $US1248.27 per ounce to $1245.85 for the week’s closing.

CLSA hits at CBA

Equity broker and financial services group CLSA accused the Commonwealth Bank of Australia (ASX: CBA) of keeping details of a housing bubble away from the public eye.

QR National taps new workers

Queensland's coal freight network services provider QR National will need be opening its doors to students who have plans of joining the railway industry.

Australian Stock Market Report

Chinese industrial production rose by 13.9pct in the year to August, above forecasts near 13pct. Consumer prices rose 3.5pct over the year, matching forecasts.

World Market Overview

U.S. stocks rose Friday, putting the market into positive territory for the second straight week. Energy companies including Chevron, Halliburton and Schlumberger led the climb, boosted by increased expectations for global oil demand.v

Daily Forex Commentary 13/9/2010

The Australian Dollar has hung onto its recent gains and opens the new week at 0.9290. A recent string of positive local economic data has all but confirmed to the market that the Reserve Bank of Australia's next move in rates will be up.

Share market opens higher

Chinese economic data released over the weekend will be pushing trading higher at the Australian share market.

KFC's Colonel makes a comeback

Kentucky Fried Chicken (KFC) in Australia has captured the interest of the U.S. market after charges of racial stereotyping for an advertisement. The chicken company now takes a worldwide approach in its advertising campaign.

IKEA draws in customers

The retail store chain may be Dutch in origin, but it is serving as a magnet for other retailers across Australia.

Newcrest implements shares scale backs to cope with overwhelming demand

Gold mining giant Newcrest Mining Ltd (ASX: NCM) announced on Friday that Lihir Gold Ltd’s investors would find their share consideration being scaled back as an overwhelming demand of shares ensued following the blockbuster $10.5 billion deal that saw the merger of the two companies.

Japanese enters housing industry

Multinational property management Lend Lease Group (ASX: LLC) will have a helping hand in its planned community projects and apartment developments in Australia.

China’s imports trim trade surplus

China, Australia's biggest trade partner and a major buyer of its commodities, reported a surprising jump in August imports, showing a strengthening of domestic demand in an economy that has become a major driver of global growth.

Shares up slightly thanks to banks

The Australian stock market was slightly stronger at Friday noon, with gains in banking stocks offsetting losses in the resource sector.

Greenland signals green on uranium exploration in Kvanefjeld

Greenland-focused Greenland Minerals and Energy Ltd (ASX: GGG) revealed on Friday that it has obtained license modifications from its host country’s exploration site that would allow the cultivation of radioactive elements on the company’s Kvanefjeld project.

No train strike until October

The Western Australia Industrial Relations Commission (IRC) came in to resolve the issues that brought about a standstill in the Perth public transport system in August.

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