International and domestic airline company Qantas Airways Limited (ASX: QAN) strikes again at competitor Virgin Blue Holdings Limited (ASX: VBA).
Admin System
Sep 14, 2010
The capital rules set by the Basel Committee on Banking Supervision in Switzerland is not much of a worry for the Australian banking industry. The fear, however, lies with domestic regulations.
Admin System
Sep 14, 2010
Optimism rules on Tuesday at the stock exchange mainly due to new capital rules set by the Basel Committee on Banking Supervision in Switzerland.
Admin System
Sep 14, 2010
While Lady Gaga's meat-bikini cover on Vogue Homme Japan has been the subject of public outrage especially from animal rights advocate, fans and detractors of the pop star should quell their objection over Lady Gaga's meat dress in MTV Video Music Awards. The meat covering Lady Gaga from head-to-toe (plus a "meat purse") is apparently made of fabric.
Lawrence Villamar
Sep 14, 2010
The Australian currency finished at a five-month high on Monday following reassuring Chinese economic data and a strong performance in the local share market.
Sharon Olalia
Sep 13, 2010
The Australian Securities and Investment Commission (ASIC) meted out a three-year financial services ban on a Sydney-based stockbroker following investigations that showed he secretly obtained profits for relatives during Regional Express Holdings Ltd on-market share buyback.
Erik Pineda
Sep 13, 2010
The Australian bourse finished strongly in the black, past the 4600-point mark on the back of positive offshore leads.
Sharon Olalia
Sep 13, 2010
Second-tier lenders Suncorp-Metway Ltd (ASX:SUN) and Bendigo and Adelaide Bank Ltd (ASX:BEN) have received regulatory approval to not charge each other's cardholders a fee for transactions at ATMs they own.
Sharon Olalia
Sep 13, 2010
Gold explorer Range River Gold Ltd (ASX: RNG) saw its stocks soaring on Monday following its announcement that it has upgraded the open-pit resource potential of the company’s two reservoir sites of its Mt Morgans project in Western Australia.
Erik Pineda
Sep 13, 2010
A study commissioned by Woolworths (ASX:WOW) has found that hardware stores established by the Woolworths-Lowe's joint venture could generate $30 million a year in sales from a standard hardware outlet and slice the revenue of rivals Bunnings and Mitre 10 by up to 16 per cent.
Sharon Olalia
Sep 13, 2010
Services on Western Australia’s public hospitals were poised to be disrupted on Monday as thousands of workers opted for industrial action following the state government’s decision to deny their $50 per week pay raise demand.
Erik Pineda
Sep 13, 2010
The Australian Bureau of Statistics (ABS) reports a very slight increase in the financing activities for the month of July.
Admin System
Sep 13, 2010
Construction and contract mining giant Leighton Holdings Ltd (ASX: LEI) will soon miss its chief executive for 23 years as Wal King announced on Monday that he would be retiring from the company effective January 1 of next year.
Erik Pineda
Sep 13, 2010
Virgin Airlines founder Sir Richard Branson hinted in an ABC interview on Monday that his airline could eventually abandon its New Zealand service routes following the Australian Competition and Consumer Commission’s (ACCC) disapproval last week of the planned Virgin Blue-Air New Zealand Alliance.
Erik Pineda
Sep 13, 2010
The Australian currency was higher at Monday noon, hitting a four-month high as traders took heart in strong Chinese economic data released over the weekend.
Sharon Olalia
Sep 13, 2010
The Australian stockmarket was up more than 1 per cent by Monday noon, after strong economic data from China buoyed resources stocks.
Sharon Olalia
Sep 13, 2010
Melbourne drug developer Biota Holdings (ASX:BTA) has soared more than 20 per cent on reports its Japanese partner has been given the go-ahead to sell an influenza drug.
Sharon Olalia
Sep 13, 2010
Junior mining firm Arafura Resources Ltd (ASX: ARU) revealed on Monday a scientific breakthrough that could easily position the company as the world’s major source of rare earths, which are being utilised for industrial purposes such as the manufacture of some batteries, lasers and x-ray machines.
Erik Pineda
Sep 13, 2010
The Environment Protection Authority (EPA) of Tasmania said on Monday that the initial evaluation phase of a proposed windfarm in Robbins Island has already begun as the agency added that it is currently studying the project’s environmental and cultural impact in the area.
Erik Pineda
Sep 13, 2010
Authorities in the Asian nation has given the green light to the $30 million joint venture between Australian coal-based energy company MetroCoal Ltd (ASX: MTE) and a Chinese state-owned company.
Sharon Olalia
Sep 13, 2010
The Federal government admits the August 21 elections delayed the legal work between telecommunications' giant Telstra Corporation Limited (ASX: TLS) and the National Broadband Network (NBN) Company.
Admin System
Sep 13, 2010
Leighton Holdings Ltd-owned (ASX: LEI) John Holland Group said on Monday that it has secured a $276 million contract that would see the construction of a new port set to serve Rio Tinto Ltd’s Cape Lambert Port B project in Western Australia.
Erik Pineda
Sep 13, 2010
A family who has been building a second home near the Woodside Petroleum Limited (ASX: WPL) liquefied natural gas project site are being evicted.
Admin System
Sep 13, 2010
Oil prices climbed up as the week closed on Friday, picking up from the upgraded North American demand forecast of 50,000 barrels per day released by the International Energy Agency (IEA) on the same day that a major pipeline pumping crude into the United States was shut down.
Erik Pineda
Sep 13, 2010
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).
Admin System
Sep 13, 2010
The AUD continues to move higher on the back of better than expected data out of China on Friday and broke 0.9300 early this morning.
James Kong
Sep 13, 2010
The Virgin brand remains in the sky but airplane fares could increase.
Admin System
Sep 13, 2010
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.
Erik Pineda
Sep 13, 2010
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.
Admin System
Sep 13, 2010
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.
Admin System
Sep 13, 2010
