What will happen this week? Probably, about the same thing.
U.S. stocks pushed higher for a third straight day this week, boosted by strong readings on the U.S. housing sector, though a sharp fall at International Business Machines weighed on blue chips.
Bell FX Currency Outlook: Increasing investor confidence saw the Australian Dollar continue to climb overnight trading to 1.0380's.
Following the start of court proceedings against MP Craig Thomson over charges filed by Fair Work Australia (FWA) that he misused Health Services Union (HSU) funds, including use of the HSU credit cards to pay for prostitutes' services, the now independent legislator is no longer content on denying the accusation.
Central Queensland coal miner Ensham Resources will be cutting some 400 jobs from its coal mine operations near Emerald, west of Rockhampton to ensure business sustainability amid the continuing declining global market conditions.
Global gold miner Newmont Mining Corporation on Wednesday reported its third quarter gold production had slumped by 6 per cent on lower mill availability and recoveries as well as lower ore tons and grades.
Blame it on the shoe, yet again, as Prime Minister Julia Gillard was again haunted by shoe malfunction this time in India, in which Ms Gillard stumbled down face-first when her high-heel got stuck in grass grounds she was walking on.
BHP Billiton Ltd.'s iron ore production for its fiscal year first quarter remain unchanged, growing to only one per cent from a year ago.
For as long as the world's nations, specially China, continue to build cities and other infrastructure-related essentials, demand for iron ore will continue to grow in this decade, albeit slowly.
How stupid and intrusive can government possibly get? Pretty stupid and intrusive, it turns out. The latest outrage is a plan by Australia's health fascists to raise taxes on cheap wine so people will stop getting drunk on it.
Stocks approached their biggest one-day gain since the Fed announced new stimulus measures last month, driven higher by better-than-forecast earnings from blue chips like Johnson & Johnson and an upbeat reading from the housing sector.
Bell FX Currency Outlook: The Australian Dollar has traded higher through USD 1.0300 in a fairly orderly fashion overnight with market sentiment buoyed by better than expected data in the US and Europe.
Wesfarmers Ltd. (WES), Australia's second biggest retailer, is mulling to spinoff the 25 shopping centres it owns under its Coles Group unit for $700 million.
The world could be facing a supply shortage of the element uranium, the power source of nuclear reactors in most developed countries, as alternative non-nuclear materials remain elusive.
Despite a volatile global market, Rio Tinto still managed to jack up its iron ore production by as much as five per cent in the September quarter to 62.9 million tonnes compared from 2011, beating analysts' and industry expectations.
Computer giant Hewlett-Packard (HP) has been slapped with a lawsuit in the Australian federal courts for allegedly misleading customers with deceptive conduct relating to warranties and consumer rights.
Will Australia re-enter the UN Security Council after more than two decades of absence? Foreign Minister Bob Carr would love to think so but he admitted that the result of the rather late Aussie bid could never be known until the last vote is cast.
A stark study in contrast? Or a bittersweet reality? Australia may be rich in natural resources and its exports of this bounty may have propelled the nation to become one of the global economic leaders,but this abundance unfortunately still can't muster enough plenty to feed its poor citizens.
Advertisers for Alan Jones’ controversial 2GB breakfast show have started trickling back after more than a week of absence, seemingly proving earlier analysts’ view that the exodus of corporate sponsors from the popular radio program would be temporary.
Bell FX Currency Outlook: The AUD is slightly fimer today, locally the market will pay close attension to the release of the RBA minutes today at 11.30am.
Fair Work Australia (FWA) started on Monday court proceedings against embattled MP Craig Thomson, who is accused of using Health Services Union (HSU) credit card to pay for the services of prostitutes.
China, one of the world's biggest carbon emitters, wants to curb its yearly coal production growth on the existing global weak demand for the commodity as well as dwindling market prices.
Chinese steel mills may have snapped iron ore stocks last week, eventually rendering prices of the key steel making ingredient to rise, but this may not mean the momentum will last longer as analysts remained wary the trend could only be seasonal.
Despite it being constantly tinkered by the Australian federal government, the country's retirement savings and income system has been ranked by the 2012 Mercer Global Pension Index as one of the world's highest and best managed.
Federal Communications Minister Stephen Conroy has issued on Monday the rollout map of the $37-billion national broadband network (NBN), providing a panoramic view of the high-speed telecommunication infrastructure’s nationwide reach.
It appears that Prime Minister Julia Gillard has scored considerable ‘political gains’ over Opposition Leader Tony Abbott short of a week after she labelled the latter as sexist and misogynist in a fiery parliamentary speech that went viral worldwide.
What exactly went wrong in Germany? Thomas Jefferson had been dead for 150 years when Adolf Hitler came to power. But he would have recognized the broad outlines of the problem.
We've just got some random thoughts today due to our inability to think clearly on any one topic. It seems like everywhere we turn, a sledgehammer of absurdity hits us right in the face.
The state government of West Australia on Monday has launched the Community Protection Website, a portal which contains a list of names as well as photographs of the most dangerous and high-risk sexual offenders living within and nearby WA.
Afghanistan had a surprise visitor in Prime Minister Julia Gillard over the weekend and she was there, media reports said, to boost the morale of Diggers serving in the 11-year Afghan Mission.
