NEW home sales fell in December for the second consecutive month, as higher interest rates and house prices bit into the new home building industry.

THE Australian share market opened lower today following a roller coaster ride on Wall Street overnight.

Symbian, Sony Ericsson and Motorola claim they are confident Nokia’s acquisition of Trolltech will leave them unscathed, despite analyst suggestions to the contrary.

A breakdown in an international undersea cable network disrupted Internet links to Egypt, India and Gulf Arab countries on Wednesday, and Egypt said it could take several days for its services to return to normal.

The internet’s Domain Name System is 25 years old this week..

US stocks turned positive today after the Federal Reserve cut interest rates by a half-percentage point in an effort to boost the economy.

THE US Federal Reserve has trimmed its base federal funds rate a half-point to 3.0 per cent in its second cut in eight days to help its economy.

THE Australian dollar opened higher today, gaining one US cent after the US Federal Reserve cut a key US interest rate by half a percentage point.

THE Australian dollar opened higher today, gaining one US cent after the US Federal Reserve cut a key US interest rate by half a percentage point.

The Australian Tax Office yesterday made the first moves in its hunt to find suppliers for its AU$1 billion, five-year IT outsourcing contracts.