The chairman of the US Federal Reserve is sometimes called the most powerful man in the world. Able to steer the economic fortunes of the…
The chairman of the US Federal Reserve is sometimes called the most powerful man in the world. Able to steer the economic fortunes of the…
The unemployment rate in June ticked up to 5.7% from 5.5% the month before, according to figures released this morning by the Australian Bur…
The Australian dollar hit its lowest point in 34 months against the greenback overnight, falling to US90.37 cents before rising slightly to …
As mainstream opinion would have it, Australia’s housing prices are solidly based upon fundamental valuations or intrinsic value. This pos…
Finally some good news today for Andrew “Twiggy” Forrest, the billionaire miner who has seen his fortune halve in nine months thanks to …
America is torn between the optimism on Wall Street created by Ben Bernanke’s QE3 and growing corporate apprehension about the so-called ‘fi…
This week has seen a breakout of reality testing on the part of the world’s fiscal functionaries. The German high court has given its par…
All of a sudden so-called “fundamentals” don’t seem to matter. That was clearly evident last Tuesday (October 4) when the US Dow Jones manag…
Tiger Airways has announced Chin Yau Seng will replace Tony Davis as the company’s chief executive, a move that comes just weeks after the a…
The Australian dollar has pushed through the $US1.09 barrier this morning, topping yesterday’s record high, as investors cast doubt on a US …
In a stunning vote of no confidence in the policies of the US central bank, the world’s largest bond fund, PIMCO, has dumped all of its inve…
Is the United States locked in a game of ‘prisoner’s dilemma’ with China, with both sides intent on pursuing policies aimed at furthering th…