Inflation A But Warmer Than Expected
Inflation is stirring, perhaps just enough to get the Reserve Bank a little anxious at next Tuesday’s monthly board meeting.
Read MoreInflation is stirring, perhaps just enough to get the Reserve Bank a little anxious at next Tuesday’s monthly board meeting.
Read MoreNo wonder world financial markets, especially equities, got the wobbles yesterday as Greece slid closer to default, a move that would damage the euro and the fragile European economic recovery.
Read MoreUp till Greece hit the fan this week, quite a few US economists and analysts were hoping the Fed would change the wording of its post meeting statement early today to qualify that phrase "extended period” and put the markets out of their misery.
Read MoreWest Australian Newspapers Holdings Ltd (WAN) saw its shares dip 4%, then recover half that yesterday after it revealed a 14.4% rise in third quarter earnings.
Read MoreAn end finally to the protracted takeover battle for control of CBH Resources?
Read MoreShares in resources services group, WDS came out of a trading halt in place since before Easter yesterday and they promptly fell more than 12% after the company revealed more problems and a loss for the year to June.
Read MoreSuper Cheap Auto Group is to expand deeper into the outdoor leisure sector with the $54 million purchase of rival operator, Ray’s Outdoors.
Read MoreSouth Korea confirmed yesterday that the recovery was still alive and well in its economy with a surprisingly robust rise in first quarter growth.
Read MoreThe Chinese government is continuing its efforts to take control of the overheating property sector in a sign that it sees continuing pressure on the wider economy.
Read MoreHowever, the property sector wasn’t at the centre of a generally optimist outlook for the country’s booming economy for 2010 from the country’s central bank.
Read MoreThere may be good news for investors, especially retirees and savers.
Read MoreGunns Ltd, the troubled Tasmanian timber group, has made its last attempt to remain viable with a restructure and board changes involving power figure and chairman, John Gay, and supporter and former Tasmanian Premier, Robin Gray.
Read MoreA busy, busy week. There’s the UK election campaign, Australian inflation, US jobs, US interest rates, Japanese inflation and unemployment, Australian credit and more earnings releases in the US and Asia, plus Greece’s continuing woes.
Read MoreThe National Australia Bank has started a new survey to complement its existing business confidence and conditions and small and medium enterprises surveys that appear monthly and quarterly.
Read MoreSo far March quarter production reports from the likes of BHP Billiton and Rio Tinto have been less than positive. "Mixed" is a good way to describe them.
Read MoreLIke Australia, japan is being dragged out of its slowdown by booming Asia, particularly China.
Read MoreRetail shares have taken a pounding this year as investors moved away from defensives and into cyclicals and more deeply into resources and banks.
Read MoreWhile BHP Billiton has a problem with possible corruption (see next report), it has made an interesting call in its third quarter production report.
Read MoreBHP Billiton, the world’s biggest mining company, has joined its smaller rival, Rio Tinto, in being implicated in possible corrupt activities.
Read MoreAs expected, India has joined Australia in lifting rates more than once to try and control a strong recovery.
Read MoreOneSteel is still having trouble with its Whyalla blast furnace which first had problems 10 days ago.
Read MoreMost Australian superannuation funds may be on track to post double-digit returns this financial year, after returns jumped in March.
Read MoreFor the National Australia Bank and the AMP, yesterday’s AXA Asia Pacific update was tantalising.
Read MoreA $26 billion gold mining giant based in Australia could be moving closer after Newcrest suggested yesterday it might sweeten its offer for Lihir Gold.
Read MoreCould we be about to face more interest rate rises from the Reserve Bank than we thought?
Read MoreAs previously announced, agricultural chemicals group, Nufarm has launched a $250 million equity raising.
Read MoreJapan’s Toho Zinc has sweetened its proportional bid for CBH Resources to counter an expanded offer from Belgian metals processor, Nyrstar.
Read MoreThere’s a growing chance that Europe’s airline crisis will start easing from later today.
Read MoreShares in Adelaide-based electronics group, Codan were in the green yesterday, a rare event on the day when the overall market fell by well over 1%, or 79 points.
Read MoreMore developments in the saga known as the takeover battle for Macarthur Coal.
Read MoreSo what will the board of AXA Asia Pacific and its French parent, AXA SA, now do?
Read MoreChina’s largest lead producer will buy a 15% stake in Kimberley Metals as well as take a 25% share of the company’s Sorby Hills project in WA.
Read MoreStand by for some rough days in the markets after the civil fraud charges against Goldman Sachs from US stockmarket regulators.
Read MoreStockmarkets will start a nervy week thanks to Friday night’s shock Securities and Exchange Commission civil fraud charges against Goldman Sachs.
Read MoreMacarthur Coal’s days as a listed Australian coal company look numbered after the board bowed to the inevitable and decided to talk to Peabody Energy of the US about the latter’s conditional $16 a share offer.
Read MoreRio Tinto’s major Australian coal arm, Coal & Allied Industries, has accelerated expansion plans in the Hunter valley and stands to receive more than 70% more for its soft coking coal exports, following a surge in global prices in recent months.
Read MoreThe charges against US bank, Goldman Sachs will dominate markets this week (and the bank is due to release its quarterly profit tomorrow night).
Read MoreThe Australian dollar appears to be resuming its rising trend and the AMP’s chief economist, Dr Shane Oliver says investors and business have to be prepared for the changes that will bring.
Read MoreBank of America-Merrill Lynch’s widely followed survey of fund managers, released this week, shows a bunch of true believers in the recovery and shares.
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