Last Update: May 17, 2012 5:04 PM EST

Report: Many Americans Question Facebook's Lasting Power

Facebook has generated enough market excitement that experts said its public offering debut would easily attract total buys that would kick up the company's value at around $100 billion.

Latest Breaking News

ANZ Bank

From Companies

China is ANZ's New Target with $300M to Invest

Australia's fourth largest bank, ANZ, said on Wednesday that it would invest million more on its China expansion venture. In 2010, ANZ initially invested $395 million which resulted in the opening of six branches in Beijing, Shanghai, Chongquing and Guangzhou.

The Molycorp Minerals Mountain Pass Mine in California

From Politics & Policy

Rare Earths Miner Molycorp Makes $650 M Debt Offering to Push Neo Material Takeover Bid

American rare earths miner Molycorp Inc. announced on Monday it will float in the market an offering of senior secured notes in the hopes of raising $650 million to help push its $1.3 billion acquisition plans of Canadian rare earth processor Neo Material Technologies Inc.

RBA Interest Rate Announcement

From Politics & Policy

Another Rate Cut from RBA?

Many analysts and economists believe that the Reserve Bank of Australia (RBA) would likely not cut the overnight cash rate in the near future because of the release last week of the unemployment data which surprisingly went down to 4.9 per cent in April instead of the expected 5.3 per cent.

Gold bars in Hong Kong

From Politics & Policy

Bargain Hunting Leads Gold to Slowly Recover

After hitting its lowest since early January on Friday, the safe-haven precious yellow metal gold edged a little on Monday, adding $3.39 an ounce to $1,581.69 by 0248 GMT.

Spanish Unemployment

From Politics & Policy

Australia Unemployment Rate Surprisingly Dips 4.9% in April

The Australian Bureau of Statistics (ABS) pulled another surprise on Australians for the second consecutive month by announcing on Thursday that unemployment rate in April unexpectedly dipped to 4.9 per cent.

2013 Election Preview: Wayne Swan, Clive Palmer to Vie for a Queensland Legislative Seat

From Politics & Policy

Union Suggests Millionaire’s Tax in Australia

The Australian Council of Trade Union (ACTU) proposed a millionaire's tax on wealthy Aussies such as Gina Rinehart, Clive Palmer and Andrew Forrest. The proposed levy is similar to the Buffett Rule in the U.S.

PetroChina sends gas to main pipe from 1st LNG terminal

From Politics & Policy

Australia’s Gas Reserves Could Last 2 Centuries

Australia's identified gas reserves is enough to power the country's needs for almost two centuries, Resources Minister Martin Ferguson said on Sunday.

A dealer shuffles a deck of cards during a poker game at a casino in Budapest

From Politics & Policy

Crown Chairman Eyes Chinese Middle Class Casino-Goers to Save Australia’s Tourism Industry

Crown Chairman James Packer sees middle-class Chinese casino-goers as the possible saving grace of Australia's tourism industry. He compared the value of that market segment to the importance of the Internet to the modern world.

Qantas Flight 1935

From Economy

Some 1,250 Qantas Maintenance Engineers May Lose Jobs

The unexpected gains in Australia's unemployment rate in April may once again be placed in peril with threats of job cuts in several companies.

Lower Interest

From Economy

Top Six Advantages of Credit Unions Against Big Banks in Assets Acquisition

Credit unions have long been touted as an alternative to banks, though only recently have more and more customers made the switch over to the financial cooperative.

Global Markets

Hot Topics

Economy
more
Global Markets
more
Companies
more

Symbol Lookup

20 mins delayed data
Jain and AckermannFrom Politics & Policy

Deutsche Bank: Can An Indian Man Lead An Iconic German Company?

Deutsche Bank is as German as lederhosen, sauerkraut, beer and the Autobahn.

Scott Brown speaks after his swearing-in at the Capitol in WashingtonFrom Politics & Policy

The Five Senate Races To Watch

With Democrats defending nearly twice as many Senate seats as Republicans in 2012, the GOP has an excellent chance of taking the upper chamber and holding majorities in both houses of Congress.


IBTimes TV
IBTIMES PROFESSIONAL
Get more of IBTimes

Stay connected with the IBTimes using your favorite social networks and online news applications: