Shares surge on back of Wall Street gains
Monday, September 27th, 2010Australian shares have touched a five-month high on a surge in bank and mining stocks following strong gains on Wall Street on Friday. View full post on ABC News: Business
Archive for September, 2010
Australian shares have touched a five-month high on a surge in bank and mining stocks following strong gains on Wall Street on Friday. View full post on ABC News: Business
Mount Isa fights against negative image
Monday, September 27th, 2010A former Queensland Government minister, Tony McGrady, says negative publicity is putting investment in Mount Isa at risk. View full post on ABC News: Business
US STOCKS-Strong rally sends markets to 4th week of gains
Monday, September 27th, 2010* Investors welcome rebound in business spending View full post on Market news | ninemsn Money
Flights grounded in Virgin Blue ‘chaos’
Sunday, September 26th, 2010Virgin Blue has been forced to cancel up to 50 flights around Australia because of a computer problem that shut down its check-in system. View full post on ABC News: Business
Gold and silver highs sparked by the Fed
Sunday, September 26th, 2010By Jack Farchy, Financial Times, 24 Sep 2010The price of silver rose to a 30-year high and gold posted a record above $1,300 a troy ounce as investors continued to pile money into the precious metals on the back of diminishing faith in paper currencies.Silver, known as poor man's ...
Facebook’s Zuckerberg gives $100m to schools
Saturday, September 25th, 2010Facebook founder and chief executive Mark Zuckerberg joined the ranks of openly philanthropic billionaires with a $US100 million grant to a troubled New Jersey public school system. View full post on ABC News: Business
US House panel backs China currency bill
Saturday, September 25th, 2010A United States congressional panel has turned up the pressure on China over the yuan, approving a bill that would let the US slap duties on goods from countries with undervalued currencies. View full post on ABC News: Business
THE WEEK AHEAD
Saturday, September 25th, 2010A huge amount of offshore data will be closely watched in the coming week, particularly US GDP and house prices. 25 Sep 2010 12:03 AM View full post on WBC | RSS Business News Feed | Business Spectator
Australia shares snap 3 week rise on growth worries
Saturday, September 25th, 2010(Adds detail) SYDNEY, Sept 24 (Reuters) - Australian stocks fell 0.7percent on Friday and snapped a three week winning streak afteredgy investors preferred to take profit as lacklustre U.S. andeuro zone economic data rekindled recovery worries. View full post on Market news | ninemsn Money
Housing bubble debate boils over
Friday, September 24th, 2010The simmering debate about Australian house prices boiled over after a Commonwealth Bank presentation sought to assure investors there is no bubble. View full post on ABC News: Business