From Politics & Policy May 20
Bell FX Currency Outlook The Australian Dollar's recent fall has stabilised with the local currency opening trade this morning in the mid 0.9700's.
From Global Markets May 20
Until recently, it was only Amazon, one of the most profitable online stores in world, that was in the public eye for irregularities in its UK tax payments. May 15 saw another tech major - Google Inc. - added to the list of high-profile companies with business operations in the UK, which despite earning huge profits continue to circumvent local tax guidelines and get away with paying low tax.
From Global Markets May 18
The US dollar hit a new high versus the yen at the end of the week, its highest since October 2008.
From Companies May 17
The company's order backlog has risen to an all time high of $12.1bn as of 30, April.
From Companies May 17
Maersk Line reports a profit of $204m in the first quarter as against a loss of $599m, a year ago.
From Global Markets May 17
The Australian market not only held onto its gains but extended them further this afternoon. The ASX200 Index jumped by 0.3 per cent, making it three stronger sessions this week. Despite the rise, local shares slipped by 0.5 per cent over the past five sessions. This makes it the first week of losses in a month.
From Global Markets May 17
Investors cautious as US Federal Reserve hints at exit from the bond-buying programme.
From Politics & Policy May 17
Australia's flood prone state of Queensland is facing a new flood tax proposal.
From Global Markets May 17
The dollar gains strength as the Fed indicates an exit from bond-buying programme.
From Economy May 17
Despite the global gold demand trade decelerated in the first quarter of 2013 compared from the year ago, the actual exchange of gold among small-time investors in the Middle East, India, and China was very much alive through jewellery in the same period.
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