Asian shares touched their highest level in a year on Tuesday, while gold futures hit $1,000 an ounce for the first time in six months on investor concerns about the sustainability of the global economic recovery.
:: Australian Dollar: The Aussie dollar continued to power ahead holding on to the psychological 85 cent support level to open this morning around 0.8550. Yesterdays ANZ job advertisement survey revealed a 4.1% rise in August from the previous month, the first monthly rise since April 2008. The news gave investors some confidence that this Thursday's employment report will show continued improvement in the labour market spurring the AUD higher. With the U.S on holidays it was a relatively quiet ...
Kraft Foods said it was intent on pursuing Britain's Cadbury , which soared in value after it snubbed a premium-rich bid from the U.S. group, reinforcing hopes of a broader-based pick-up in merger activity.
Acupuncture is a form of traditional Chinese medicine which involves the insertion of very fine needles at key points (known as acupuncture points) into the body.
Investors in Asia, who currently have few options among insurance stocks, may soon be spoiled for choice as several life underwriters prepare initial public offerings that could raise billions of dollars.
Kraft Foods said it was determined to pursue Britain's Cadbury, which soared in value after it snubbed a $16.7 billion bid from the U.S. group, reinforcing hopes of a broader-based pick-up in merger activity.
Deutsche Telekom's subsidiary T-Mobile UK and France Telecom's Orange are set to announce they are in exclusive talks to form a joint venture, sources familiar with the situation said.
Punk rock singer John Lydon, formerly known as Johnny Rotten of the Sex Pistols, is re-forming his band Public Image Ltd -- or PiL -- after a 17 year hiatus with a five-date tour in December, according to media reports.
Iran's president snubbed on Monday U.S. President Barack Obama's end-September deadline to talk to world powers on its disputed nuclear program, saying in his opinion discussion on the issue is finished.
The Beatles take a step closer to selling their music online on Wednesday with the simultaneous release of the band's re-mastered catalog and the MTV video game The Beatles: Rock Band.
Food Titans Deal; Breaking Up AIG; Market Surge Post G20
Britain's Cadbury , the world's second biggest confectionery group, has rejected a $16.7 billion bid approach by Kraft Foods Inc., but North America's biggest food group still hopes it can clinch a deal.
Spotify, the much-hyped European digital music service, has secured a deal to launch a mobile offering on Apple's iPhone, iPod Touch and phones using the Android platform, it said on Monday.
The AUD/USD roared higher on Friday night to break above the psychological 85 cent level for the first time since September last year. The rally came on the back of increasing risk appetite following a better than expected U.S non-farm payroll number, a clear sign of continued improvement in the jobs market stateside.
Financial markets are likely to remain buffeted by uncertainty over government policy despite an unprecedented pledge by the world's top finance officials to cooperate as the global economy emerges from recession.
G20 finance leaders on Saturday took aim at excessive bank pay and risk-taking at the root of the financial crisis and insisted trillions of dollars of emergency economic supports would be needed for some time.
The row over Britain's relations with Libya took a new turn on Sunday as Gordon Brown denied he had shied away from pressing Tripoli to compensate families of IRA victims who say Libya supplied the guerrillas with arms.
The heads of the UK's largest ISPs have co-signed a letter of protest against the proposal to disconnect suspected illegal file-sharers from their broadband service, causing music groups and artists to unite in a bid to prevent the ban.
G20 finance leaders on Saturday agreed to coordinate a removal of emergency economic packages when recovery takes firm hold but they struggled on the detail of measures to rein in bank pay and lending rules at the root of the recent crisis.
The World Trade Organisation ruled on Friday that European loans for Airbus were illegal subsidies under world trade rules, U.S. lawmakers said, but European sources said Washington did not win a sweeping victory.
G20 finance leaders struggled on Saturday to pin down specific measures to tighten bank pay and lending rules to prevent a repeat of the financial chaos that triggered the worst global recession in decades.
A senior Iranian official has accused the United States of feeding forged intelligence to the U.N. nuclear watchdog that says Iran had studied ways to make atomic bombs.