The Australian sharemarket closed higher yesterday as US President Barack Obama cut short his Christmas holiday to return to Washington for talks aimed at avoiding the so-called fiscal cliff. Locally,investors remained optimistic that ...
Tags: Stock, sharemarket, tax, bank
THE Australian dollar is higher as sentiment about the US budget negotiations continues to be the main driver for financial markets. US President Barack Obama cut short his Christmas holidays in Hawaii to return to Washington for talks ...
Tags: in Bumpy Trade, Australian Dollar
Reuters reported that London copper firmed after data showed China's manufacturers built on a recovery this month, driving a fifth straight week of gains but a lack of resolution to the US fiscal cliff kept a lid on prices. Growth in ...
Tags: London, copper, China, manufacturers
THE Australian dollar is lower, trading on thin volumes, as investors remain cautious about the US budget negotiations. THE Australian dollar is lower, trading on thin volumes, as investors remain cautious about the US budget ...
LOCAL shares closed higher today as US President Barack Obama cut short his Christmas holiday to return to Washington for talks aimed at resolving the so-called fiscal cliff. Investors in Australia's sharemarket remained optimistic that ...
The government could see an exodus of IT contractors, as guidelines out next month will force freelancers earning more than 220 a day onto departmental payrolls. News site Exaro has obtained a copy of draft “assurance ...
Tags: IT contractors, freelancer, IT industry, computing
Oil prices in the global markets have risen amid news of a decline in US petroleum inventories, with Brent North Sea crude for February climbing USD 1.52 to end at USD 110.36 per barrel in London trade. AFP reported said that oil prices ...
Tags: Oil, prices, global markets, US petroleum inventories
The local sharemarket's stellar finish to the year threatens to be curtailed by faltering US political efforts to avoid the"fiscal cliff"of$US600 billion tax rises and spending cuts automatically coming into effect on January 1. Despite ...
Tags: equities, fiscal cliff, US economy, political efforts
AUSTRALIAN shares ended a holiday-shortened trading session modestly higher today,with gains in the mining and financial sectors pushing the market to an 18-month high. The rise sets the market up to end the year almost 14 per cent ...
Tags: shares, market, stocks, financial sectors
THE bad news out of Washington as talks to resolve the US fiscal cliff broke down pushed the dollar lower as investors ran to the safe haven of the greenback. At 5pm AEDT,the dollar was trading at$US1.0453,down US0.38c. Risk appetite ...
Tags: Washington, US fiscal cliff, economy
The Australian dollar is slightly lower on concerns the United States'budget problems will not be resolved before the year's end. At 07:00 AEDT,the currency was trading at$US1.0488,down from$US1.0491 yesterday afternoon. Bank of New ...
Tags: THE Australian dollar, currency, dollar, fiscal cliff
LOCAL shares rose for the third straight day today, hitting a fresh 17-month high as investors sought defensive and higher-yielding stocks as concern grew over the fate of US negotiations on the so-called fiscal cliff. The benchmark ...
One month does not make a trend, but IT employment dipped last month after a long stretch of gains. Analysts can only speculate as to the reasons for the decline. It may be an indication of market volatility, a short pause in hiring, or ...
Tags: IT, employment, September
THE Australian dollar is lower along with other risk currencies due to concerns about negotiations in the United States to avert the so-called fiscal cliff. At 07:00 AEDT,the currency was trading at$US1.0493,down from$US1.0514 yesterday ...
Tags: Australian dollar, US, fiscal cliff
As storage spending consumes an ever-increasing proportion of IT budgets across the public sector against a backdrop of severe spending cuts, the case for using open-source storage software in government is gathering momentum. The public ...
Tags: storage spending, IT budgets, storage software, software