The chances of QBE buying rival Australian general insurer, Insurance Australia Group continue to fade.QBE's surprise 40...
Admin System
Jul 28, 2010
Mixed earnings reports and economic data left Wall Street poised at a point of indecision last night. Dow up 12. (Locked for subscribers until 10:00 AEST)
Admin System
Jul 28, 2010
It was a mixed first half result from Rio Tinto's NSW coal mining subsidiary, Coal & Allied, with sales and earnings do...
Admin System
Jul 28, 2010
US consumer confidence fell from 54.3 to 50.4 in July, just below forecasts centred on a result near 51.0.
James Kong
Jul 28, 2010
U.S. stocks were mixed Tuesday as a weak consumer-confidence reading offset the latest round of strong corporate earnings. Stocks traded in a narrow range throughout the day.
James Kong
Jul 28, 2010
Some misleading reports on the half year profit performance of Singapore -controlled property group, Australand, as some...
Admin System
Jul 28, 2010
Investors continue to like what they see in the full year result from GUD Holdings.Throw in a bit of Masterchef, some sw...
Admin System
Jul 28, 2010
An increase in the Australian Conference Board leading index from 0.1% to 0.3% during the month of May added some underlying support to the Aussie dollar in Asia yesterday as it held firm above the 90 cent handle etching out gains to enter offshore exchange at 0.9025.
James Kong
Jul 28, 2010
Melbourne-based listed investment company, Australian Foundation Investment Company Ltd, says it will take a patient a...
Admin System
Jul 28, 2010
The Australian dollar opened steady today as investors wait for the release of official inflation data.
Sharon Olalia
Jul 28, 2010
The Australian share market is expected to start in positive territory after the Dow Jones Industrial Average saw gains for the fourth consecutive day.
Sharon Olalia
Jul 28, 2010
The consumer price index (CPI), the key measure of inflation, is believed to have increased in the June quarter by 1 per cent for an annual rate of 3.4 per cent, an AAP survey of 11 economists shows.
Sharon Olalia
Jul 28, 2010
Developer Australand Property Group (ASX:ALZ) says housing affordability will become more and more difficult due to higher interest rates although the company remains well placed to meet Australia's housing shortage.
Sharon Olalia
Jul 28, 2010
Australia's largest independent grocery network, IGA, has launched a new campaign on 25 July giving a voice to its customers from stores across the nation.Focusing on the global trend towards localisation and IGA's advantage of being able to tailor each store specifically to its local area, the camp...
Admin System
Jul 28, 2010
Second quarter profits at credit card company American Express nearly triples, and came in well ahead of analyst estimates, as spending by card holders vaulted 16 per cent. American Express also benefited from having to put away less than half as much money to cover losses as it did in the previous ...
Admin System
Jul 28, 2010
In an exciting development after the 2010 final, Coles is pleased to announce it has signed a new two year deal as the exclusive supermarket sponsor of Network Ten's MasterChef Australia.The new partnership will see Coles continue its relationship with the groundbreaking show in 2011 and 2012, inclu...
Admin System
Jul 28, 2010
Kraft Foods announced plans to significantly increase the whole grain content in its leading Nabisco cracker brands, more than doubling the amount of whole grain currently used across the Nabisco portfolio. Over the next three years, some of America's favorite cracker brands, including Wheat Thins, ...
Admin System
Jul 28, 2010
Neither major political party has a policy on something that affects every Australian, every day - food and groceries, the Australian Food and Grocery Council (AFGC) said today.Highlighting that Australia's $100 billion food and grocery industry is four times larger than the automotive sector and em...
Admin System
Jul 28, 2010
The Australian market managed to hold onto gains but couldn't sustain itself above 4500
Admin System
Jul 27, 2010
Westpac Banking Corporation (ASX: WBC) denied on Tuesday circulating speculations that the bank is about to launch a strategic move on Asia as it clarified that the company is maintaining its concentration on its Australasian business operations.
Erik Pineda
Jul 27, 2010
The Australian share market ran out of steam in late afternoon trade, however it still managed to notch up a third successive win, on the back of a strong lead from Wall Street.
James Kong
Jul 27, 2010
Telstra (ASX:TLS), through its philanthropic arm, today committed $3.5 million to support five projects driven by Indigenous leaders to improve education, create leadership opportunities and promote cultural pride among young Indigenous Australians, according a statement from the Telstra foundation.
Sharon Olalia
Jul 27, 2010
Optus today announced that it will offer the iPhone 4 in Australia on July 30 with a range of plans.
Sharon Olalia
Jul 27, 2010
The Australian share market is slipping into bad habits, once again rallying on positive overseas leads before giving up the gains in the afternoon session.
James Kong
Jul 27, 2010
Australian submarine- and ship-building company ASC announced today the appointment of Paul Gay as General Manager for its Air Warfare Destroyer Project.
Sharon Olalia
Jul 27, 2010
Wesfarmers Ltd (ASX: WES) reported on Tuesday that coal production on its Premier mine site near Collie in Western Australia suffered an output decline of 7.6 percent in the June quarter.
Erik Pineda
Jul 27, 2010
Sir Richard Branson launched the first phase of Virgin Money's new range of banking products this morning, heralding a new era of competition for the Australian banking industry.
Sharon Olalia
Jul 27, 2010
Uranium is quickly attracting the attention of the speculative investment community.
Admin System
Jul 27, 2010
Uranium is quickly attracting the attention of the speculative investment community.
Admin System
Jul 27, 2010
Real estate developer Australand Property Group (ASX: ALZ) said on Tuesday that its half-year net profit has more than doubled, enabling the company to reach its full year earnings guidance for fiscal year 2010.
Erik Pineda
Jul 27, 2010