Bell FX Currency Outlook: The Australian Dollar has opened lower this morning following a fall in Chinese Industrial Profits yesterday, which was the first drop in profits since 2009.
Christine Gaylican
Mar 28, 2012
Fresh from his landslide win, new Queensland Premier Campbell Newman has indicated his firm commitment to steer the Sunshine state away from the red column by first divesting its interests on QR National Ltd.
Erik Pineda
Mar 27, 2012
Dominique Strauss-Kahn has been preliminarily charged with having links with prostitution rings in France. He's denied the charge and been let off on a 100,000 Euro bail.
Gopika Kaul
Mar 27, 2012
Julian Assange has described his planned Senate run as a corrective measure that would deal with the 'flawed political environment' in Australia.
Erik Pineda
Mar 27, 2012
With the prospect of the Coalition heading the national government by 2013 growing by the day, Shadow Treasurer Joe Hockey appears ready to take on the job presently dispensed by Federal Treasurer Wayne Swan.
Erik Pineda
Mar 27, 2012
Federal authorities have decided to prevent Huawei Technologies of China from playing any active role in the $38 billion roll out of the national broadband network, citing internet security issues.
Erik Pineda
Mar 27, 2012
Steel production by India has risen 6.8 per cent to 63.894 million tonnes during the April 2011 to February 2012 fiscal period, the country's steel minister announced.
Esther Tanquintic-Misa
Mar 27, 2012
India's total coal output by the 2016-17 financial year has been forecast to jump 43 percent to 795 million tonnes (MT) from the estimated 554 MT in the current fiscal year, India's Minister of State for Coal told Parliament on Monday.
Esther Tanquintic-Misa
Mar 27, 2012
Positive coal sales generation during January and February has prompted China Shenhua Energy Co Ltd. to declare its 2012 sales volume could likely reach 425 million tonnes to exceed earmarked targets.
Esther Tanquintic-Misa
Mar 27, 2012
The Queensland vote over the weekend pointed to a likely Labor humiliation come the national elections next year and today that spectre was further supported by the latest Newspoll survey, which showed Prime Minister Julia Gillard succumbing to defeat from the gathering Coalition storm.
Erik Pineda
Mar 27, 2012
MORNING REPORT
(7am AEDT)In a speech to business economists Fed Chairman Bernanke confirmed that the Fed still believes that accommodative policy is needed to make further progress in lowering the unemployment rate despite being encouraged that the rate has fallen to 8.3pct - "conditions remain far from normal, as shown, for example, by the high level of long term unemployment."
Christine Gaylican
Mar 27, 2012
U.S. stocks surged Monday, largely erasing last week's losses, after a speech by Federal Reserve Chairman Ben Bernanke signaled the central bank is committed to a monetary policy that's helped buoy stocks for three years. The Dow Jones Industrial Average rose 130.67 points, or 1%, to 13,211.40. The S&P 500 Index gained 16.07 points, or 1.2%, to 1,413.18.
Christine Gaylican
Mar 27, 2012
Bell FX Currency Outlook: The AUD has pushed through USD1.0500 after dovish comments from the Fed Chairman Ben Bernanke saw a selloff in the USD.
Christine Gaylican
Mar 27, 2012
A Tibetan man has self-immolated himself in New Delhi on Monday at an anti-China protest rally. More than 600 protestors marched through the capital on Monday to show their dissent against China. The Tibetans are fighting for independence from Chinese rule.
Gopika Kaul
Mar 26, 2012
Eager to cement an apparent budding friendship between India and South Korea, the two countries on Sunday announced plans to increase their annual bilateral trade to $40 billion by 2015.
Esther Tanquintic-Misa
Mar 26, 2012
Anytime you download a movie from Netflix to your television or turn on an Internet-based radio, you could be alerting people who you don't want or need watching you.
Jamelle Agbuis
Mar 26, 2012
Retail giant Solomen Lew criticised on Monday the alleged mishandling by the Reserve Bank of Australia's (RBA) of the resources boom. He said the bank's board lacked an understanding of the broader Australian economy.
Vittorio Hernandez
Mar 26, 2012
Can you imagine, for one horrifying second, a world with no sushi and no vodka? We can't. We can imagine a Hell of such description, yes. A fire and brimstone purgatory of infinite and unbearable pain. But not a world...at least not one in which we'd choose to live.
Jamelle Agbuis
Mar 26, 2012
The rousing rejection suffered by the Australian Labor Party in Queensland on Saturday would necessarily lead to a federal government being bannered by the Coalition come next year's national elections.
Erik Pineda
Mar 26, 2012
Last week the Australian share market ended lower closing out a hard week for investors. However this morning the market seems a bit brighter thanks to higher commodity prices over the weekend and no negative news hitting the screens. At lunchtime in the East, the All Ordinaries Index (XAO) is higher by 4pts to 4,364.
Vittorio Hernandez
Mar 26, 2012
General Electric backed the Australian carbon tax, which the government will start to collect on July 1. GE said on Monday that it would allocate more funds to pursue carbon reduction technologies.
Vittorio Hernandez
Mar 26, 2012
The positive leads from global markets led by the rise in the U.S. equities Friday have not provided enough boost to prop up the sentiment in the Australian stock market early on Monday.
Christine Gaylican
Mar 26, 2012
MORNING REPORT
(6am AEDT)US new home sales eased from a 318,000 annual rate in January to 313,000 in February, below expectations for a result near 325,000. But the weekly Economic Cycle Research Institute index rose from 125.1 to 125.7.European shares recorded small gains on Friday. But key indices ended the week sharply l
Christine Gaylican
Mar 26, 2012
Bell FX Currency Outlook: The Australian dollar has started the week in the mid 1.0400's after its tumble last week to a monthly low below 1.0350.
Christine Gaylican
Mar 26, 2012
Companies including drugstore operator Walgreen Co. (WAG) and electronics retailer Best Buy Co. (BBY) are scheduled to report their latest quarterly results this week. A former MF Global Holdings Ltd. (MFGLQ) employee is expected to appear before a U.S. House subcommittee this week to answer questions about the transfers of millions of dollars before the failed broker-dealer's bankruptcy filing.
Christine Gaylican
Mar 26, 2012
A panel set up by Treasurer Wayne Swan has recommended possible tax cuts for research and development by big business in the government's efforts to plug holes in the country's business tax system.
Vittorio Hernandez
Mar 26, 2012
In the spirit of election season political posturing, the Obama White House has announced that it is filing a trade lawsuit against China for restricting exports on rare earth metals and other materials used in the production of touchscreen mobile phones, military weapons, laptop computers, and various other high-tech devices.
Jamelle Agbuis
Mar 23, 2012
Australia's tax legislation is, according to urban legend, the longest piece of legislation in the world. One of our law professors reportedly has an entire room devoted to books of Australia's extensive tax law. Part of the story is that Australia has several tax Acts.
Jamelle Agbuis
Mar 23, 2012
Fortescue Metals Group (FMG) owner Andrew Forrest called on the federal government Thursday night to simply make good on its earlier economic promises instead of attacking certain personalities.
Erik Pineda
Mar 23, 2012
Global miners Rio Tinto Group, BHP Billiton Ltd. and Vale SA, in a testament to China's global influence in the supply and price movements of iron ore, have decided to link hands with Beijing and join the Asian country's new spot trading platform for the raw commodity.
Esther Tanquintic-Misa
Mar 23, 2012
