POLITICS & POLICY

Australian Dollar Outlook - 15 January 2013

Bell FX Currency Outlook: Australian dollar edges higher ahead of US Fed Chairman speech. The Australian dollar has opened marginally higher against the Greenback after trading in a tight range in what was a relatively quiet overnight session

US Allots $120M for Creation of Rare Earths Research Facility

The U.S. government, through its Department of Energy, will allot some $120 million to fund the creation of a rare earths research facility that will aid the economic leader lessen if not totally cut off its dependence from China, the world's stronghold of the essential 17 precious elements.

Julia Gillard: Labor Prepped Up for a 2013 Re-election

The Coalition mocks her 935 days of being the nation’s chief leader, marked on Sunday, but Prime Minister Julia Gillard appears all geared up in further extending her grip on the job she inherited from former Labor leader Kevin Rudd.
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Global Markets Overview - 14 January 2013

Blue-chip stocks edged higher Friday, capping a week of modest gains, though Wells Fargo & Co.'s earnings weighed on bank shares. The Dow Jones Industrial Average added 17.21 points, or 0.1%, to 13488.43 Friday.
Christine Gaylican Jan 14, 2013

Ellen DeGeneres Brings Show to Australia

Ellen DeGeneres is Australia bound! The Hollywood talk show chatterbox, Ellen, who has a fan base even in the Asia-Pacific, is bringing her light and easy banter Down Under like contemporary Oprah last year.
Esther Tanquintic-Misa Jan 11, 2013

Australia Braces for First Tropical Storm Narelle

While other state parts are being ravaged by simultaneous bushfires, residents off the northern coast of Western Australia prepares for tropical cyclone Narelle, the country's first for the Dec-April tropical storm season.
Esther Tanquintic-Misa Jan 11, 2013

4 Parodies, 10 Memes to Explain the U.S. Fiscal Cliff

Toward the end of 2012, while the rest of the world was talking about the Mayan prophecy that speculated an apocalypse on Dec 21, 2012, the United States was dealing with a major financial and political problem that led to the popularity of the words fiscal cliff.
Vittorio Hernandez Jan 11, 2013

Global Markets Overview - 11 January 2013

Financial shares led broad gains in major benchmarks, as market-watchers found reasons for bullishness in economic data. The Dow Jones Industrial Average rose 42 points, or 0.3%, to 13433. Bank of America paced the blue chips, rising 2.5%.
Christine Gaylican Jan 11, 2013

Bleaker Prospect for Trillion Dollar Coin Solution

A proposal for the U.S. Treasury to mint one trillion dollar coins to address the country's debt limit problem appears headed for defeat despite the support for it by Republicans and some sectors.
Vittorio Hernandez Jan 10, 2013

Global Markets Overview - 10 January 2013

Investors kicked off the latest quarterly-earnings series with broad-based gains. The Dow Jones Industrial Average rose 61 points, or 0.5%, to 13390, in Wednesday afternoon trading.
Christine Gaylican Jan 10, 2013

Australian Dollar Outlook - 10 January 2013

Bell FX Currency Outlook: The Australian Dollar shrugged off weaker domestic data and remained well supported opening back above 1.0500 against the U.S. greenback this morning after what was a lacklustre overnight session.
Christine Gaylican Jan 10, 2013

China Rare Earths 2013 Quota Set at 46,900 MT

China's first production quota of rare earths for 2013 has been set at 46,900 metric tonnes, according to the country's Ministry of Land and Resources.
Esther Tanquintic-Misa Jan 09, 2013

Global Markets Overview - 09 January 2013

Slumping telecommunications and industrial shares weighed on U.S. stock benchmarks as investors struck a cautious tone ahead of corporate earnings season. The Dow Jones Industrial Average shed 71 points, or 0.5%, to 13313 midafternoon trading on Tuesday. The S&P 500 gave up seven points, or 0.5%, to 1455, extending its slide from a five-year closing high on Friday.
Christine Gaylican Jan 09, 2013

Australian Dollar Outlook - 09 January 2013

Bell FX Currency Outlook: The Australian Dollar remains steady after a quiet night in offshore markets. Australia: In contrast to every other trading day so far this year, the negative correlation between risk sentiment and the US Dollar has reasserted itself in overnight markets.
Christine Gaylican Jan 09, 2013

Australia Retailers See Further Price Reductions in 2013

Australian shoppers on the lookout for great, massive bargain finds may well ought to splurge these first few months of 2013 as retail businesses prepare to further slash already discounted items for sale just to be able to overcome the sector's burgeoning sales slump and somehow boost profit.
Esther Tanquintic-Misa Jan 08, 2013

Australia 2013 Bushfires: Insurance Incidence Claims Rise Above $42M, More Coming

The Australian summer had been made more agonizing by the bushfires. The country's continued rising temperatures had been the crux of insurance companies as incidence claims have now surged by more than $42 million and yet more still likely to come in as the blazes unexpectedly occur with the dry weather.
Esther Tanquintic-Misa Jan 08, 2013

Australian Dollar Outlook - 08 January 2013

Bell FX Currency Outlook: The Australian Dollar has remained steady overnight despite the markets reassessment of last week's FOMC minutes.
Christine Gaylican Jan 08, 2013

Bushfire Prone Australia: What to Do and Prepare

With Australia experiencing its first massive bushfire catastrophe in 2013 in Tasmania, it would be best to start doing a checklist of what to do in the event a bushfire erupts in your place, as well as a list of things to prepare in case you decide to battle out the bushfire yourself.
Esther Tanquintic-Misa Jan 07, 2013

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