The positions of major European powers regarding the sovereign debt crisis seem not to be in harmony as the EU Summit in Brussels comes closer.
Joseph Alan Alonso
Oct 21, 2011
Libyan rebels claimed they have killed the country's ousted leader Col. Muammar Gaddafi on Thursday during a battle near his hometown Sirte.
Windsor Genova
Oct 21, 2011
Rival groups of protesters clashed in Athens on Thursday on the second day of a general strike to block the parliament's approval of an austerity law.
Windsor Genova
Oct 21, 2011
U.S. StocksU.S. stocks pared an afternoon advance late in a session whose choppy trading was dominated by European sovereign-debt worries. The Dow Jones Industrial Average was up 23 points, or 0.2%, at 11524, while the Standard & Poor's 500-stock index added 3 points, or 0.3%, to 1213.
Christine Gaylican
Oct 21, 2011
MORNING REPORT
(7am AEDT)US initial jobless claims fell by 6,000 to 403,000 in the past week. The 4-week moving average of claims held at a 6-month low. The Conference Board Leading Index rose by 0.2pct in September.
Christine Gaylican
Oct 21, 2011
News of the capture of Libyan leader Muammar Gaddafi has led to rejoicing in Libya which has gone through several months of armed conflict as the country apparently ended the 42-year strongman rule of Gaddafi.
Vittorio Hernandez
Oct 20, 2011
On the second day of the general strike that has paralyzed most parts of Greece especially its capital city, protesters clashed with anti-riot police as the mass actions participated in by the private and public sectors closed down government offices, shops, schools and airports became quite unmanageable.
Joseph Alan Alonso
Oct 20, 2011
Queen Elizabeth II and her husband Prince Philip arrived in Canberra Wednesday after a 22-hour flight, and got themselves busy right away, responding to crowds of cheering children and beginning their 11-day stay in Australia. While it has been discussed and predicted by commentators that this will be the last time the Queen would take on a long journey to step in Australia, the Buckingham Palace aides have rejected that idea.
Oct 20, 2011
Despite the criticisms that the Labor government received for the proposed carbon tax, four major global green investment groups backed the carbon tax and said it will provide economic benefits to Australia.
Vittorio Hernandez
Oct 20, 2011
The magazine has revealed its "Top 49 Men" list, with the late Apple founder Steve Jobs, Prince William, and influential athletes and actors topping the list.
Oct 20, 2011
Christopher Nolan, director of "The Dark Knight Rises," tells The Los Angeles Times he may include footage from the Occupy Wall Street protests in the final installment of the Batman movies.
Oct 20, 2011
There seems to be no end in sight for sexual harassment cases in the workplace.
Joseph Alan Alonso
Oct 20, 2011
The recently-crowned Miss Ireland, Holly Carpenter, has admitted that she took a lot of The Duchess' fashion sense when she flies for the Miss World competition on Nov. 6 in Earls Court in England
Oct 20, 2011
The series of Wall Street protests and mass actions being conducted by Greek citizens in Athens against the highly unpopular austerity measures of Prime Minister George Papandreou have one thing in common.
Joseph Alan Alonso
Oct 20, 2011
More Australians are taking public transportation to move around and biking to reach their destinations. The shift toward more environment-friendly and healthier transport options is one of the findings of the State of Australian Cities 2011 report released on Thursday.
Vittorio Hernandez
Oct 20, 2011
The ACT Planning Strategy, which aims to make Canberra a more sustainable city into the future, will not be achieved unless the government reviews and recasts other policies that will directly work against achieving this outcome, the Property Council of Australia has warned.
Sharon Olalia
Oct 20, 2011
As European banks struggle to commit as to how much their book values should be stated against the backdrop of deep sovereign bonds restructuring, Australian banks have remained strong and viable, according to a top officer of the Reserve Bank.
Christine Gaylican
Oct 20, 2011
Acknowledging that federal intervention may do more harm instead of resolving the issue at hand, Prime Minister Julia Gillard reiterated her calls on concerned parties to resume dialogues and find reasonable ways of ending the ongoing Qantas Airways labor squabble.
Erik Pineda
Oct 20, 2011
The volatility continues on the local share market, with the market trading lower for the second session this week. European share markets rose overnight on hopes leaders will come up with a plan this weekend to deal with the region's debt crisis.
Vittorio Hernandez
Oct 20, 2011
The Transport Workers Union (TWU) rejected a new agreement proposed by Qantas for the air carrier's 3,800 baggage handlers, caterers and ground staff.
Vittorio Hernandez
Oct 20, 2011
Conducting business in Australia remains a rosy prospect for would-be investors but a joint report by the World Bank and the International Finance Corporation had indicated a slight drop on the country’s performance and ranking as one of the best place to do business with.
Erik Pineda
Oct 20, 2011
Two days before the summit of European Union heads of states in Brussels, the outlook of the economy in most European countries remained gloomy.
Joseph Alan Alonso
Oct 20, 2011
Victoria train riders may soon be able to send emails or surf the Web while on their way to work or home. The state government is considering installing wi-fi transmitters and improving communications on regional trains, according to Public Transport Minister Terry Mulder.
Vittorio Hernandez
Oct 20, 2011
Australia and its people are by far the wealthiest nation and citizens in the world, according to the 2011 Credit Suisse Global Wealth report.
Esther Tanquintic-Misa
Oct 20, 2011
With a median wealth of $221,704 per adult, Australia has emerged as the wealthiest nation in the world in 2011, dislodging Switzerland.
Vittorio Hernandez
Oct 20, 2011
Bell FX Currency Outlook:The Australian dollar is a little lower this morning on reports of a disagreement between France and Germany on the details of the European Financial Stability Facility.
Christine Gaylican
Oct 20, 2011
The Australian Government Overseas Aid Program (AusAID) spent $110,000 for the training of aid workers in the martial arts technique of kung fu.
Windsor Genova
Oct 20, 2011
U.S. MarketsU.S. stocks dropped into negative territory as investors digested the Federal Reserve's gloomy assessment on the U.S. economy, adding to concerns about Apple's surprise earnings disappointment. The Dow Jones Industrial Average fell 46 points, or 0.4%, to 11530. The Standard & Poor's 500-stock index lost 12 points, or 1%, to 1213, and the Nasdaq Composite shed 44 points, or 1.7%, to 2613.
Christine Gaylican
Oct 20, 2011
MORNING REPORT
(7am AEDT)US consumer prices rose by 0.3pct in September, underpinned by food and energy prices. But the core rate - excludes food and energy - rose by 0.1pct, to stand 2.0pct higher than a year ago. And housing starts soared by 15pct to a 658,000 annual rate in September, above forecasts for a result near 590,000 and the highest level since April 2010. Building permits were lower by 5pct to 594,000, below consensus estimates.
Christine Gaylican
Oct 20, 2011
It seems that William and Kate much prefer regular bikes rather than pricey, luxurious cars when they get around their London hometown in Anglesey, Wales.
Oct 19, 2011
