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Sharemarket stays positiveTHE Australian sharemarket was in positive territory at noon, led by general gains across all sectors. At noon, the S&P/ASX200 index was up 26.3 cents.
The Australian Thursday, September 10, 2009Work And Energy
Unemployment has hit worrisome levels while the energy economy gears up for a renewable future. Here's our chance to take care of both.
Forbes Thursday, September 10, 2009Market closes 1 per cent higher
THE Australian share market has closed just over one per cent higher on investor exuberance after labour data showed a steady unemployment rate.
The Australian Thursday, September 10, 2009Dubai 'not worried' by debt payment
HH Sheikh Mohammed Bin Rashid Al Maktoum, the ruler of Dubai, has said that he is ?not worried? about the emirate's ability to repay at least $4.52bn of debt this year, Bloomberg has reported. Dubai has to repay a $1bn Islamic bond maturing in November, while state-owned real estate developer Nakheel has a $3.52bn Islamic bond falling due in December. [AMEInfo.com]
AME Thursday, September 10, 2009Kuwait: 'No need' to repeg dinar
Kuwait's minister of finance, Mustafa al-Shamali has said that the country sees no need to re-peg its dinar to the US dollar after two years of pegging to a basket of currencies, AFP has reported. The dinar's current exchange rate policy provides flexibility to the central bank in designing and executing its monetary policy, the minister has said. [AMEInfo.com]
AME Thursday, September 10, 2009How the IRS Uses Social Networking Sites to Find Tax Dodgers
Social networking sites like Facebook, MySpace and Twitter are obviously huge hits on the web. In fact, they are such big hits that the IRS now uses them to track down tax dodgers that owe thousands in back taxes.
E-Zine Thursday, September 10, 2009The IRS Gets Funky With its YouTube Channel
The IRS has launched its very own YouTube channel. Is it an effort to get funky and hip? Those are two words that have never, ever been associated with the agency and they won't be now either, but it is a continuation of the effort to become more informative.
E-Zine Thursday, September 10, 2009Doha market recovers slightly
The Qatar Exchange (QE) closed at 7,098.50 points (0.51% higher) with $234.34m value traded. Banks and indsustry shares posted gains while insurers and and service providers lost. Vodafone Qatar recovered from losses last week, closing 1.72% higher at QR8.90. [AMEInfo.com]
AME Thursday, September 10, 2009Boubyan Bank shares soar 8.7%
The Kuwait Stock Exchange (KSE) Price Index closed 0.76% lower at 7,723.5 points. All sectors ended in the red with the exception of the food sector. The two Islamic banks Boubyan Bank from Kuwait and Bahrain-based Gulf Finance House bucked the downtrend, finishing at KD0.620 (up 8.77%) and KD0.168 (3.7% higher), respectively. [AMEInfo.com]
AME Thursday, September 10, 2009DP World surges 12.36% higher
The Nasdaq Dubai saw market bellwether Dubai Ports (DP) World closing 12.36% higher at $0.50 on record trading volumes. Some 21 million DP World stocks changed hands. Depa, the Dubai-based interior designer gained 1.04%, closing at $0.68. Depa said today in a statement that 54.84% of its shareholders are UAE nationals and 45.16% are foreigners. Jewelry trader Damas ended at $0.301 (up 0.33%). Dubai Gold Securities ended at $98.79 (down 1.01%). [AMEInfo.com]
AME Thursday, September 10, 20091 2
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