Qantas Airways ends dispute with engineers

Note: This section contains information in English only.
Source: BBC

Qantas Airways announced it has ended the dispute with its engineers union, one of three disputes with the company's employees. The company accepted 3% increase in salary for the next three years. Qantas has had disputes with three labour unions that represent pilots, engineers and baggage handlers. The two other conflicts are still not settled.

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Mon, 19 Dec 2011 14:49:51 GMT

Gold falls adding to Asian demand

Gold futures for February delivery lost $122 or 7.1% while NYSE Arca Gold Bugs Index declined by 9.1% over the last week being 20% lower from the September's record. However, excessive selling of gold did not uncover big Eastern demand for yellow metal with 35% higher commodity turnover on the Shanghai Gold Exchange. Experts claim the panic on the gold markets was provoked by

Mon, 19 Dec 2011 14:46:06 GMT

Nikkei 225 falls on news from North Korea

On Monday Japan's Nikkei Stock Average fell 1.26% or 105.60 points and closed at 8,296.12 on announcement about Kim Jong-il, North Korean leader's death. Among main decliners were Japanese broker stocks with Nomura Holdings Inc. trading down 4.3% and Daiwa Securities Group Inc. declining 3.2%. Olympus Corp stocks lost 7.4% after local media inclined cash troubles while export-dependent Sony Corp. lost 3%. 

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