The local sharemarket's stellar finish to the year threatens to be curtailed by faltering US political efforts to avoid the"fiscal cliff"of$US600 billion tax rises and spending cuts automatically coming into effect on January 1. Despite ...
Tags: equities, fiscal cliff, US economy, political efforts
The Australian dollar is slightly lower on concerns the United States'budget problems will not be resolved before the year's end. At 07:00 AEDT,the currency was trading at$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 ...
NEXUS Energy has exercised an option to sell a $75 million stake in the Crux gas and liquids field in Western Australia's offshore Browse Basin to the field's operator, Royal Dutch/Shell. The move will drop Nexus's stake in Crux from 17 ...
RARE-EARTHS miner Lynas has scored another win in its list of court battles over its Malaysian processing plant, with key opponents losing an appeal to stop it operating the facility. The Save Malaysia Stop Lynas group had appealed ...
Tags: Court Battle, facility, human health
THE Australian sharemarket hit a fresh 17-month high today as US lawmakers inched closer to a deal on the fiscal cliff problem. Utilities, energy, industrials, telecommunications, materials and financial stocks mostly rose despite some ...
Tags: Investor Sentiment, fiscal, cliff problem
OZFOREX, the online foreign-exchange services specialist backed by Macquarie Group and two of the world's most powerful venture capital and private equity investors, is planning to double the size of its business over the next four years, ...
Tags: Expansion, OZFOREX, Macquarie Group
Source: The Australian LOW business confidence and sentiment will continue to cloud the IPO market in Australia next year, but with a backlog of potential market listings and record amounts ...
Tags: Low Confidence, Clouds, IPO market
Significant investments and subsidies have enhanced Chinese companies’ capabilities to produce not only LED chips and packaged devices, but also materials and equipment used in LED manufacturing, as TOM HAUSKEN explains. There has ...
Tags: LED
Name: Jon Brilliant Age: 48 Time with company: board of directors when founded, became CFO 3 years ago. Education: Bachelor's degree in accounting from The Pennsylvania State University and a graduate degree, Juris Doctor, from Duke ...
Tags: Jon Brilliant, CFO, Welldoc
The sharemarket fell slightly in quiet trading yesterday as global equity markets awaited the outcome of negotiations to avoid the so-called fiscal cliff that threatens to slow the US economy next year unless politicians reach agreement on ...
Tags: sharemarket, fiscal, Banks, Share trading volume
THE Australian dollar was slightly higher following a general election in Japan and continuing concerns about budget negotiations in the United States. At 7am AEDT on Monday, the currency was trading at 105.48 US cents up from 105.44 ...
Tags: Australian, Japan Election, US Budget
AUSTRALIAN stocks are expected to start the last full trading week before Christmas on a cautious note amid ongoing negotiations over the looming US budget deadline. Futures trading was pointing to a weak start on the local market today, ...
Tags: Markets Struggle, Fiscal Cliff, US budget
GOOGLE has fine-tuned its search engine to to avoid delivering porn in results for "ambiguous" queries. An adjustment to Google search rolled out in the country over several days simplified image search settings from three modes to two, ...
Tags: Google
FACEBOOK has unveiled simplified tools for protecting privacy and making it easier for users whose pictures are on display to ask friends to remove them. Facebook privacy "kit" updates that will begin rolling out next week include ...
Tags: Facebook