Sharp sees highest profit in 3 years on TV, solar

Sharp Corp <6753.T> beat market expectations with a forecast for annual operating profit to more than double to its highest in three years, after it swung to a quarterly profit on strong sales of display and solar panels.

Surges in commodities prices to raise interest rates

Economists are predicting that the improvement in producer prices could induce the Reserve Bank of Australia to raise interest rates to counter any inflationary pressures.

Lloyds returns to profit as bad debts improve

Lloyds Banking Group <LLOY.L> returned to profit in the first three months of this year, earlier than expected for Britain's largest retail bank, and expects to deliver a profit in 2010 as losses on bad debts fall.

Buswell resigns

Western Australian Treasurer Troy Buswell resigned on Tuesday after revelations that he used public money and resources during his four-month illicit affair with Greens MP Adele Carles was made public and snowballed into calls for him to quit.

Court sentences corporate exec to seven years imprisonment

The District Court of New South Wales on Tuesday sentenced 32-year-old former corporate executive Oliver Banovec, of Bellevue Hill, Sydney, NSW, after he was found guilty of five counts of fraud and one count of perjury. The court also said that Banovec would not be eligible for parole for a period of four years and nine months during his imprisonment.

Corporate watchdog obtains pecuniary penalty and disqualification order against former Select Vaccines director

Corporate regulator Australian Securities and Investments Commission (ASIC) scored a major victory in its civil penalty case against former Select Vaccines Limited chief executive officer Dr. Martin Soust of Malvern East, Victoria after it was granted a pecuniary penalty and disqualification orders.

Euro slips on Greece aid uncertainty

The euro slipped on Tuesday after Germany demanded painful new austerity measures from Greece in return for badly needed financial aid, with investors likely set to push high risk European sovereign bond yields up further.

Sharp sees steep growth, reports profit in Q4

Japan's Sharp Corp <6753.T> swung to a quarterly profit on robust sales of display and solar panels, and forecast more than a twofold jump in annual operating profit to its highest in three years, beating market expectations.

Euro slides on Greece fears; stocks sag

The euro slid on Tuesday as Germany demanded painful new austerity measures from Greece in return for badly needed financial aid, while Asian stocks fell as investors took profits in sectors that have been outperforming in recent weeks.

Sharp swings to annual profit, more gains likely

Japan's Sharp Corp <6753.T> swung to a profit in its financial year thanks to cost cuts and robust sales of solar panels, and forecast more than a twofold jump in operating profit this year, beating market expectations.

SGIC Study Finds Drivers Are Losing Their Cool At School

SGIC is urging all SA drivers to keep their cool when school goes back this week, after research reveals that almost 30 per cent of drivers are getting stressed when dropping off or collecting their children from school.

Technical Oil (2010-04-27)

Technical analysis for crude oil with major support and resistance levels and recommendations for 27-04-2010