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
Indian outsourcing and services company Infosys has teamed up with Queen's University Belfast to conduct joint research into the global cyber security threat. The partnership brings together Queen's University Belfast's Centre for Secure ...
Tags: Computer Products, Computer
Over the past two weeks, glass manufacturing workers at CSR Viridian’s plants in Sydney and Melbourne have spoken to World S ocialist W eb S ite correspondents about the closure and merger of facilities that will cost more than 200 ...
Tags: CSR glass, glass, glass industry
The benchmark S&P/ASX 200 closed up 0.2 per cent at 4967.3 points after hitting a six-week low of 4927.9. Financials and consumer staples lent support, with ANZ, Westpac, NAB, Woolworths and Wesfarmers up 0.8 per cent to 1.5 per cent. ...
Tags: economy
INVESTORS traded through the political leadership drama in Canberra yesterday with an eye firmly on the federal election in September, encouraged that almost three years of minority government that has contributed to uncertainty on policy ...
The recent attack on computer networks at broadcasting organisations and banks in South Korea has brought cyber war into the limelight. While the cause of the attacks remains unknown, South Korean authorities say they "do not rule out the ...
Tags: Computer Products, Networks
At least 150 workers at CSR’s Viridian glass-making factories in western Sydney confront the closure of their plants and the destruction of their jobs, in the latest of the swathe of job cuts sweeping through the manufacturing sector ...
Tags: glass workers, glass, glass making factories
Australian Securities & Investments Commission chairman Greg Medcraft has declared dark and high-frequency trading "the new normal" of financial markets after two inquiries found no evidence of systemic abuse of the practices. ASIC ...
Tags: new normal, financial markets, ASIC
The Australian dollar rose to a five-week high yesterday after data showed the nation recorded its strongest monthly employment growth in almost 12 years last month, diminishing the chance of further immediate interest rate cuts that might ...
Tags: Australian dollar, dollar, Financial
The dollar rose to a five-week high after data showed the country recorded its strongest monthly employment growth in close to 12 years in February, diminishing the chance of more immediate rate cuts that might push the currency lower. At ...
The Reserve Bank's decision yesterday to keep rates on hold for the second month in a row pushed the Australian dollar higher but capped share price gains as traders pared back the likelihood of further interest rate cuts this year. The ...
The Australian dollar was lower late today as the US dollar strengthened broadly in the wake of more solid economic data from the world's largest economy. Initial claims for US jobless benefits last week dropped to 344,000, compared with ...
Tags: Aussie dollar, Australian dollar, US cents
The Australian dollar was sharply higher today after companies reported better-than-expected investment intentions for the coming year. The solid investment report triggered heavy buying of the Australian dollar as traders reduced bets on ...
Thelocal sharemarket fell sharply yesterday as an indecisive national election in Italy raised the prospect of another sell-off in European bond markets that could rekindle the continent's debt crisis. Italy was headed for a political ...
Tags: debt crisis, economy
Shares were on track for their biggest fall in three months after minutes from the Federal Reserve's most recent policy-setting meeting showed rising unease about the US central bank's recent stimulus efforts. Domestic earnings reports had ...