Lawrence Villamar

Wal-Mart Stores Inc, the world's largest private employer, has been ordered to pay $4.8 million in back wages and damages to more than 4,500 of their employees across the United States.

The Australian appeared well supported above the critical 1.03 level against its US Counterpart yesterday after a private report showed improvement in China’s manufacturing industry last month.

"The Dark Knight Rises" third trailer builds up the anticipation and hype around Christopher Nolan's third Batman film.

Greece's Labour Ministry has discovered nearly 200,000 cases of pension or welfare fraud by its citizens.

Nigeria lost $6.8 billion from 2009 to 2011 due to corrupt and mismanaged practices of its fuel subsidy programme.

The Australian Dollar drifted marginally higher during the Asian session as a lack of local data enabled recent risk appetite to remain in play.

ANZAC Day kept local markets quiet yesterday with the Australian dollar trading in a 10-15 point range around 1.0310 for most of the session.

A senior United Nations official has said that criminality is one of the biggest economies in the world.

Chinese president Hu Jintao has pledged to bolster ties with North Korea, after a meeting with the hermit state's top envoy.

All bets are on for an RBA rate cut when the central bank meet next Tuesday after quarterly inflation results came in significantly under expectations yesterday.

The Australian Dollar set about paring Friday’s gains yesterday off the back of a decrease in the producer price index (PPI) for the first 3 months of this year.

Spanish universities could raise their tuition fees by as much as 50 percent this year.

Japan could lose its developed nation status and global significance by 2050.

A turn around in global risk sentiment pushed the Australian dollar higher on Friday after testing support at 1.0310 during its local session.

HSBC, Europe's biggest bank by market value, has become the first bank to issue a yuan-denominated bond outside a sovereign Chinese territory.

As China's economy heads for a slow down, the Chinese central bank has promised to boost the supply of liquidity in the financial system by turning to monetary easing tools.

The Australian Dollar has failed to break out of recent ranges, despite a volatile session overnight concerning European bond yields and lacklustre US equity markets.

Asian stock markets rallied Wednesday as positive news from Europe and strong U.S. corporate earnings helped restore risk appetite, with technology, commodity and banking shares leading the charge

Wednesday proved uneventful for the Aussie dollar as the up-tick in investor optimism following Spain’s successful bond auction on Tuesday, ran out of steam.

The Reserve Bank of Australia released the minutes of is April monetary policy meeting yesterday and as markets predicted the overall tone was on the dovish side.

Worldwide military expenditure increased by just 0.3 percent from 2010 to 2011, compared to annual average increases of 4.5 percent between 2001 and 2009.

China has increased its US debt holdings for the second month in a row as the country looks for new ways to spend its rising foreign currency reserves.

The Australian Dollar fell from opening levels above 1.0370 yesterday as renewed concerns surrounding the European debt crisis weighed on local share markets

The Australian Dollar fell from 10 day highs on Friday as a deceleration in the growth of the Chinese economy spooked investors.

Student debt is growing at an alarming rate.

South Korea's Samsung Electronics is said to have, for the first time, overtaken Nokia's 14-year leadership in global handset sales.

The Australian jobs market created 44,000 jobs in the month of March, smashing market expectations by a whopping 37,600 and hence allowing the unemployment rate to remain steady at 5.2%.

U.S. stocks bounced back Wednesday after a five-day slide, bolstered by a strong start to the corporate-earnings season and a drop in Spanish and Italian government borrowing rates.

A subsiding of recent risk aversion has boosted the Australian Dollar over the past 24 hours, as rumours circulate the European Central Bank may look to purchase Spanish bonds and the beginning of earnings season in the United States supports equity markets.