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Gold demand fell 34% in the third quarter from a year ago, thanks to the very high demand in the 2008 period.

Premier Waiting For GUD On Breville

To accept, or not to accept the GUD bid for Breville, that is the question for Premier Investments and its chairman Solomon Lew.

Suncorp Gives Shareholders Relief

No doubt a sense of relief was felt by shareholders in Brisbane-based bank and insurer, Suncorp-Metway on reading yesterday’s market update.

Brickworks Sees Building Growth

The impact of the federal government’s stimulus spending has shown up in a first quarter trading update by Brickworks. The country’s leading brick and tile maker.

Tim Tam Taste Treat Ahead For US

Australia’s chocolate treat, Tim Tams are to appear regularly in US shops for a few months of every year following a decision by the Campbell Soup Co.

BA Boss Makes Nice At Qantas, Which Details $4.4 Bill. Expansion

The arrogance of the British Airways management and its CEO, Willie Walsh, knows no limits.

With October new home starts in the US down 10.6%, thanks to big falls in single and multi-home starts, it was a confident James Hardie management yesterday who provided hints that the company’s outlook may be on the improve, after reporting a loss for the six months to September.

Silver: Look For A Price Spike, Then Fall

The London-based metal consultancy, GFMS, says it can see a case for silver to top the $US20 an ounce level "in the short term" amid a continued surge in investment. It says the "recovery in fabrication demand should support prices in 2010 even as investor interest eventually moderates".

Car Sales Rise Again To Top 2008

It’s another positive for the Australian economy, albeit with a bit of an assist from taxpayers.

The Good News Continues From Asia

The Malaysian and Thai economies have produced improved third quarter growth figures, suggesting that recovery is spreading through the region.

Woodside’s Pluto Blowout A Warning

It shouldn’t be such a surprise that Woodside Petroleum says the costs of its Pluto LNG project, offshore from Western Australia, have blown out by up to 10%, or around $1.2 billion.

Global Steel Rebound Continuing

More good news with the recovery in the world steel industry still on track and perhaps accelerating a touch last month due to rising production levels in some non-Chinese producers.

Markets: Over The Boom?

A rough end to the week in most markets around the world.

Commodities: Oil Down, Gold Up

Oil prices slipped nearly 1% to below $US77 a barrel on Friday in the US, but then regained some ground in late after hours trading to end the week at $US77.47.

Diary

In Australia, figures on car sales, business investment and construction activity will be watched for their possible impact on whether the RBA will raise interest rates again at its December board meeting next week.

Gold To Go Higher, But Be Careful

November 20, 2009 - by Glenn Dyer

More records for the gold price this week as the futures price reached over $US1,150 an ounce.

Another week for the US economy in which statistics, speeches and interviews, all underlined just how tough it is going to be in the world’s biggest economy for the next year or more.

Singapore Out Of The Red, Sees Growth In 2010

November 20, 2009 - by Glenn Dyer

Singapore now sees its economy solidly back in the black in 2010 after confirming that it grew strongly in the third quarter.

High Aussie Dollar Hits Emeco

Heavy equipment group, Emeco Holdings has revealed what appears to be a small earnings downgrade in guidance issued at yesterday’s AGM in Sydney.

Macarthur Coal Faces Tough Half

Macarthur Coal warned yesterday that it faces a huge drop in profit, but the news should be viewed very carefully.

Resources Boom Bounces Back

The return of the resources boom was again confirmed by the news yesterday that the value of mining and energy projects under development in Australia had jumped 40% from April to October this year.

AWB Loss-Patties Foods Upgrade

AWB Ltd has joined the ranks of rural groups cleaning up their financial house by revealing big write-downs and a big red bottom line.

Public Sector Boosts Wages

Nothing at all for interest rates from the September quarter Labour Price Index from the Australian Bureau of Statistics except to say that once again the public sector has been very generous with wage rises, compared to private industry.

Rate Rises Will Happen, Month By Month, If Necessary

Australia faces regular speculation about interest rate rises from the Reserve Bank and the banks because the economy is expected to continue growing strongly into 2010.

Small, Medium Business More Confident

The National Australia Bank’s latest quarterly survey of confidence and conditions for small and medium businesses has shown a sharp improvement.

Bad News For Billabong From Big US Retailer

Now, this could be bad news, or rather, unwanted news from the US for Billabong, the big Gold Coast-based surfwear group.

AMP Spins The Same Line On AXA Bid