The dollar's dive looks far from over, even though it has already lost more than 8 per cent of its value against the US dollar since the middle of last month. Of course, a technical correction is possible. But increased disappointment ...
Tags: Aussie Dollar, Global Forces
The seizure of funds of the largest bitcoin exchange, Mt. Gox, was triggered by an alleged failure of the company to comply with U.S. financial regulations, according to a federal court document. The U.S. District Court in Maryland on ...
While the rail industry did not find the budget entirely positive, there are many good points for rail in the Budget. ARA: The Good, the Bad, and the Unknown The 2013 Federal Budget has delivered largely positive outcomes for commuters, ...
The stockmarket was awash with fresh optimism that the dollar may finally be on a sustained decline as it plays catch-up to the fall in interest rates and commodity prices, reversing a major earnings headwind several sectors have faced for ...
The dollar remained below parity with the greenback as speculation about a winding back of US quantitative easing buoyed the American currency. The Australian dollar fell below 100 US cents shortly after 9am AEST today, repeating its ...
Tags: Australian Dollar, US Currency
Australian government bonds will be traded on the Australian Securities Exchange from May 21. The new arrangement will allow investments in Treasury Bonds and Treasury Indexed Bonds in the form of CHESS Depository Interests (CDIs). ...
Tags: ASX Trade, Government Bonds
Australian stocks recovered from a steep intraday fall to close only marginally lower yesterday, as the Reserve Bank cut interest rates to a record low. The benchmark S&P/ASX 200 closed down 12.5 points, or 0.2 per cent, at 5143.7, after ...
Tags: Stocks Lift, Australian stocks
Apple's record-setting $17 billion bond offer this week stood in stark contrast to the company's darkest days, when in 1996 its millions in notes were rated as junk because investors wondered if the company would survive a thrashing by ...
Tags: Apple, Computer Products
Bebe stores, inc. announced that it has promoted Liyuan Woo to the position of Chief Financial Officer (“CFO”). Ms. Woo, who currently serves as the Company’s Principal Accounting Officer and Vice President-Corporate ...
Tags: Bebe stores, Apparel
The Australian Securities Exchange has stepped up pressure on would-be competitor LCH Clearnet in the emerging market for interest-rate derivatives clearing, signing up investment groups and state treasuries to help develop a service for ...
US stocks ended a tumultuous day with strong gains after a false tweet briefly sent financial markets veering, underscoring technology's role in tightly linking global markets. The Dow Jones Industrial Average briefly plunged Tuesday ...
Tags: US Markets, Reel on False
Ofcom's auction of the 4G communications spectrum is to be investigated by the National Audit Office, amid claims that the process did not generate the intended revenue. The auction, carried out in June 2012, raised 2.3bn as mobile phone ...
Tags: 4G Spectrum, Computer Products
With the ongoing trend for businesses to move operations, particularly manufacturing, off-shore, it makes for a refreshing change to see a company going against this trend and electing instead to bolster the number of workers at its ...
Tags: Service
iQual has signed an agreement to provide its ApprovalGUARD service to Radian Guaranty, the private mortgage insurance subsidiary of Radian Group (RDN). The ApprovalGUARD will support Radian Guaranty's borrowers, who recently modified ...
Tags: Radian, iQual, Approvalguard Service
WITH $600 stuffed in one pocket and a smartphone tucked in the other, Patricio Fink struck a deal that's joining thousands like it in a virtual revolution. The Argentine software developer was dealing in bitcoins - getting an injection of ...