Breaking Financial Markets News

How powerful is Bitcoin

The power of all the computers networked together to maintain the digital currency's system far exceeds the combined processing strength of the top 500 most powerful ...
U.S. stocks claw back from steep losses

U.S. stocks recovered from steep declines Thursday to end only modestly lower as investors discounted concerns about the Federal Reserve curtailing its bond buying ...
Japan stocks rebound after big plunge

earthquake, tsunami and nuclear disaster shook Japan's economy. The sharp plunge this week spooked investors in China and Europe, leading to sizable stock market losses around the globe. In the United States, stocks clawed back from steep losses. Thursday's sell-off was triggered ...
U.S. options clearer moves to end trade type dominated by Nasdaq

SAN FRANCISCO (Reuters) - The clearinghouse for all stock options said Thursday it will adopt a policy aimed at abolishing a dividend-linked trading strategy that critics say could destabilize markets if left ...
OTOC jumps on Nauru contract

OTOC shares have soared against the weight of a downward market when it confirmed a $29 million deal to build housing for asylum seekers on Nauru.The contract to supply labour and material for Stage 1 of the Nauru Processing Centre was worth about $6 million more than previously flagged by the mine camp builder.OTOC has been working since late last year on the project to house 900 people led by ...

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Movie Review

The 400 Blows (Les quatre cents coups) [DVD]

In the early 1950s, with the help of noted film theorist and critic Andr Bazin, 20-year-old Franois Truffaut began writing regularly for the Parisian film journal Cahiers du cinema. He quickly gained a reputation as an uncompromising and often vicious critic with a clear-cut sense ... ...

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Engineering firm aces 150 jobs

Leading global engineering and environmental services company Golder Associates has shed 150 workers, including 40 in Perth, in another sign of the downturn affecting the local resources industry.A Golder Associates spokeswoman said the job losses came after a strategic review of its Australian operations and its 1100 workers in response to "changed economic and industry ...
Farm group criticises aid criteria

The State Government will ease strict eligibility criteria on its farm aid package if funds remain unallocated in the countdown to the deadline for applications.It is a month since Premier Colin Barnett and Agriculture Minister Ken Baston announced what they described as an emergency $7.8 million aid package, but so far only $475,000 has been offered to 19 farmers in operational grants of ...
Hedland crusher on scrapheap

An integral slice of the State's iron ore history will soon be consigned to the scrapheap as BHP Billiton's tertiary crushing building at Port Hedland is dismantled.Also known as TCB1, the building previously facilitated BHP's ore crushing and screening process. It has dominated the Port Hedland skyline since being built by Mt Newman Mining in 1968.In 2009 BHP made a decision to ...
iiNet defends its valuation

David Buckingham, iiNet's chief financial officer, has launched a defence of the major telco's lofty valuation as a sharemarket rout wiped hundreds of millions from tech stocks yesterday.Amid a broader market slump, sparked by weak Chinese manufacturing data and signs ultra-low US interest rates may be on the way up, iiNet plunged by almost $1 to a low of $5.73, before closing at ...
$700m Ord sugar deal closer

The State Government is on the verge of announcing the next step in a deal that clears the way for a huge investment by Chinese interests aimed at establishing sugar as the cornerstone industry for agricultural development in the east Kimberley.The move could see a Chinese-owned company begin site work as early as next month on clearing prime agricultural land on the Ord River irrigation scheme ...

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Reported in the press

We must define the nature and scope of this struggle, or else it will define us. Neither I, nor any President can promise the total defeat of terror. What we must do is dismantle networks that pose a direct danger.

Barack Obama

The U.S. president was speaking on his administration's counter terrorism policy.

Hotel Review

Country Inn & Suites, Ventura, California, USA

I had selected the Holiday Inn at Ventura which is right on the beach as a target for a review, ...

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Record Your Vote

The Boy Scouts of America National Council has resolved to accept gay members. Do you agree with this policy?

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Featured Story

Australia, India strengthen agriculture skills ties

Australia and India today signed a Memorandum of Understanding (MoU) to develop and strengthen cooperation in skills training in the agriculture sector.

The MoU results from the joint commitment of the Australian and Indian Prime Ministers in October 2012 to build bilateral partnerships between skills councils in key industry areas, including telecommunications, retail, mining, media/entertainment and agriculture.

Welcoming the initiative, the Australian High Commissioner to India, Mr Patrick Suckling, said the MoU was another successful outcome of the Australia India Education Council's (AIEC) work to expand collaboration in skills development between Australia and India.

"This partnership aims to achieve quality industry-led skills training standards in the agriculture sector. With India projected to add 12 to 15 million workers to its labour force every year over the coming decades, employability and productivity gains will be inextricably linked to quality standards," said Suckling.

The MOU was signed between the Agriculture Skills Council of India and AgriFood Skills Australia and will promote cooperation in creating quality occupational, training, assessment, certification, information and stakeholder engagement standards. ...