Global Economy: Japan's Surprisingly Sharp Slump
Oops, but aren't the US, Chinese and Japanese economies, the world's three biggest, suddenly in synch again, on the dow...
Global Economy: Japan's Surprisingly Sharp Slump
Oops, but aren't the US, Chinese and Japanese economies, the world's three biggest, suddenly in synch again, on the dow...
Global Economy: Japan's Surprisingly Sharp Slump
Oops, but aren't the US, Chinese and Japanese economies, the world's three biggest, suddenly in synch again, on the dow...
Profits: Leighton Record, Lend Lease Higher
Construction giant Leighton Holdings yesterday reported a 39% rise in annual profit and higher dividend, as it attempted...
More news
PepsiCo eyes continued health and functional innovation
PepsiCo stands to benefit from "significant" investment in functional and healthy products, amid tightening restrictions on the marketing of 'junk foods' to children, the head of health policy at the company said yesterday.Derek Yach, senior vice president of global health policy for PepsiCo, said t...
Facebook Buys Startup Chai Labs
Facebook, the social networking Web site, has reportedly purchased startup Chai Labs for around $10 million.
IG Markets afternoon report
The Australian market closes down 21 points
iiNet reports gains on its full year net, reveals wider client base after acquisitions
In line with its pursuit of further growth and expansions, telecom company iiNet Ltd (ASX: IIN) announced on Monday that it gained a 2010 full year net profit of 35 percent to $34.55 million, coming from the $25.63 million garnered in the previous corresponding year.
Woodside gas discovery may revive Pluto plan
Woodside Petroleum (ASX:WPL) declared it has found more gas offshore Western Australia. The latest gas discovery could put Pluto's fast expansion plans back on track.
Shareholder confidence renascent despite election, global uncertainties
Investor confidence in Australian shares has increased by 4.9 per cent in March despite the ongoing federal election campaign and mounting international concerns about a slowdown in global economic growth, according to data released today.
ILO report warns spectre of lost generation of jobless youth, urges world governments to sustain stimulus programs
The global economic crisis has spawned a ‘lost generation’ of unemployed youth, which according to the International Labour Organisation (ILO) would be hard up to recover following the two years of worldwide recession.
Ausenco wins Chatree North Gold Project
Global diversified engineering services and project management group Ausenco Ltd (ASX: AAX) announced today it has won the contract for the US$100 million processing plant upgrade of Kingsgate Consolidated Limited's Chatree North Gold Project in Thailand.
Newcrest's second-half profit exceeds forecasts
Gold and copper producer Newcrest Mining Ltd (ASX:NCM) said second-half profit increased more than threefold to the highest level since 2003 thanks to higher prices and production.
Theiss set to commence multi-million NSW road project
Giant construction firm Theiss announced on Monday that it is all set to commence initial design and construction activities on the eastern section of New South Wales’ $825 million Hunter Expressway Project.
Macquarie starts up crop fund
Macquarie Agricultural Funds Management, which is part of investment firm Macquarie Group (ASX:MQG), has launched a new crop fund focusing on grain and oilseed production in Brazil and Australia.
Heavyweight banks drag down Australian bourse
The Australian share market was down in intra-day trading by midday, but bounced off its lows of the session, buoyed by earnings results.
Local market lower on weak overseas lead
The local market opened lower today following a weak lead from overseas on the weekend.
Oil Prices Tipped To Increase Despite Weaker Chinese Demand
Chinese apparent oil demand weakened in July and may decline further in coming months but analysts still see further price gains as the uptrend in global oil consumption remains intact.
Virgin Blue flies out from New Zealand
Virgin Blue Holdings Ltd (ASX: VBA) waited three long years, anticipating for the clear sky that never came, and following losses of millions of dollars, the airline company finally gave up on New Zealand as it announced on Monday that it would halt its flights within the country.
Australian Stock Market Report - Midday
The Australian share market has started the trading week in the red, as losses from the banks and miners weigh on overall sentiment. The All Ordinaries Index (XAO) is down 25.4pts or 0.6pct to 4455.5 at lunchtime in the East.
Sigma sells drugs arm for $900m
Sigma Pharmaceuticals Ltd (ASX:SIP) has agreed to hand its pharmaceuticals division to South Africa's Aspen Pharmacare Holdings Ltd for $900 million.
BlueScope regains profit, cites solid businesses in Asia, US and at home
Riding on the heels of soaring demands and prices for its product, steelmaker BlueScope Ltd (ASX: BSL) revealed on Monday that it has achieved a full-year profit of $126 million following its loss of $66 million from the previous corresponding period.
Leighton projects further profit growth
Australia's construction giant Leighton Holdings (ASX:LEI) has announced a 39 per cent increase in annual profit and foresees further expansion as the economic environment improves.
Australian Dollar Outlook 16/8/2010
The Australian Dollar has opened weaker this morning trading around the 0.8950 level after a fairly quiet US session on Friday night in which US data releases were not that bad in relation to consensus.
Australian Stock Market Report
US retail sales rose by 0.4pct in July, following a revised 0.3pct drop in June. The July result was marginally below forecasts for a gain of 0.5pct. Excluding autos and gasoline, sales rose fell by 0.1pct. US consumer sentiment rose from the final June reading of 67.8 to 69.6 in July.
World Market Overview
U.S. stocks fell slightly Friday, with Intel, DuPont and Home Depot among the decliners in the final session of the market's worst week since early July.
Daily Forex Commentary 16/8/2010
The Australian Dollar opens a shade lower on Monday at 0.8928 as risk aversion keeps a lid on high-yielding currencies.
Has Mitch Hooke Left The Building?
Where is the Minerals Council of Australia in the public debate about increased taxes for miners, asks Minelife's Gavin Wendt.
Shares to plunge after offshore shakes
The Australian stock market is set to decline on overall negative leads from offshore trading over the weekend. Wall Street indices were slightly weaker, and most metals and oil also were down.
DIARY: Election, Profits, US Retailers, Japanese Growth
After the sudden change in market sentiment last week after the US Federal Reserve's meeting and downgrading of the US e...
Markets: Profits Carry Warning For Australian Investors
The Australian market got a big reality check last week from two directions.From offshore there was the fading of the g...
Economies: Europe, US Fail To Convince
A tale of contrasts last week on global economic growth, with data from Europe and the US the standouts and helping expl...
Markets: US, Europe, Asia All Down
US sharemarkets finished the week with barely a spark as economic data gave little reason to reverse the downturn in se...
Commodities: Oil Down Sharply
World oil prices fell for the fourth consecutive day on Friday, taking the drop to more than $US6 a barrel or more than ...
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