The Australian sharemarket is losing ground for the first time in eight trading sessions despite a firmer start. The All Ordinaries Index (XAO) is down by 0.2 per cent; however is still hovering around a near six-year high.
Vittorio Hernandez Apr 29, 2014
Apple Inc. (NASDAQ:AAPL) grows market share in crucial markets
Athena Yenko Apr 29, 2014
On 24th April, Samsung released a 60 seconds advertisement dubbed 'The Next Big Thing Is Here' flaunting the Galaxy S5's camera by comparing it to iPhone 5S's camera unit. Alas, the next day, the company was put in a situation to admit that Samsung shipped a limited number of Galaxy S5 smartphones with "inoperable" cameras and that it has taken necessary steps to make sure the issue does not reoccur in future shipments.
Pavithra Rathinavel Apr 29, 2014
Google Chrome Web browser, which accounts for 24.67% of entire desktop browser market share across the world, has become one of the most powerful Web browsers when it comes to fighting spam. It also offers users astounding speed in handling data.
Pavithra Rathinavel Apr 29, 2014
After surprising investors with its better-than-expected revenues for Q2 FY 2014, Apple Inc has set aside an additional $30 billion for stock buybacks through 2015. The latest stock repurchase announcement will make the company's total buyback to $90 billion. The stock split will be completed on June 9 and Apple's stock price is expected to fall dramatically. According to analysts, if the stock split happened last April 23 with a closing price of $524.75, Apple stock would be trading at $7...
Reissa Su Apr 29, 2014
The futures markets are forecasting positive prints for the Asian region as Europe and US reversed Friday's negative prints to see green on screens by putting the Ukraine fears and a slide in commodities to one side.
Vittorio Hernandez Apr 29, 2014
In US economic data, the pending home sales index rose by 3.4% to 97.4 in March while the Dallas Federal Reserve Business index rose from +4.9 points to +11.7 points in April.
Vittorio Hernandez Apr 29, 2014
A new report found that Australians pay up three times more superannuation fees amounting to $10 billion
Athena Yenko Apr 28, 2014
The Australian sharemarket peaked at around 1.30pm (AEST) today, only to give back those gains in late trade to finish flat. At the high point the XAO was up 0.25 per cent while the index was down 0.2 per cent at its lowest level. The market is still hovering around near six-year highs.
Vittorio Hernandez Apr 28, 2014
The Australian economy will continue to struggle at a slow growth pace to remove pressure from the rising unemployment rate which is currently on its ten-year high. In the latest regional report, the International Monetary Fund (IMF) expects the country's economy to grow below the trend.
Reissa Su Apr 28, 2014
Taiwanese President Ma Ying-jeou, yielding to national pressure, had ordered the suspension of the construction of what could have been the country's fourth nuclear power plant.
Apr 28, 2014
SingTel-Optus increased its contracts for Apple iPhones and Samsung Galaxy handsets
Athena Yenko Apr 28, 2014
Car owners and drivers may soon bid goodbye to car washes. Nissan has recently unraveled the prototype of a "self-cleaning" car.
Ma Evelyn Castino Quilas Apr 28, 2014
The company 'OnePlus' unveiled its first smartphone, the 'One' last week. It is worth noting that, the anticipation around this particular Android Smartphone has been very high and it is touted by many as a flagship killer. OnePlus One runs on CyanogenMod 11S version, which is based on Android 4.4 KitKat and the handset boasts of some of the best high-end specifications and features.
Pavithra Rathinavel Apr 28, 2014
The Australian sharemarket has returned from the three-day long weekend a little uninspired, with local stocks largely unchanged. The All Ordinaries Index (XAO) is up 4pts or 0.08 per cent and remains above the key 5500pt mark. The XAO is rising for the seventh consecutive trading day and is near a six-year high. This is the first full trading week following both the Easter and Anzac holidays over the past fortnight.
Vittorio Hernandez Apr 28, 2014
Despite the controversy embroiling Western Australia due to its shark cull policy, the state has emerged as Australia's top performing economy followed by Northern Territory. Western Australia is leading the country's economy because of its strong growth in construction.
Reissa Su Apr 28, 2014
Apple Inc. Q2 is just a financial gimmick to hide Apple Inc.’s slow growth in years
Athena Yenko Apr 28, 2014
A freshly discovered security bug in Microsoft's Web browser 'Internet Explorer' has surfaced.
Pavithra Rathinavel Apr 28, 2014
Nokia has finally entered Microsoft's turf as the $7.5 billion purchase of its mobile phone line has been finalized on April 25.
Jenille Cristy Maido Apr 28, 2014
Apple Inc., Google Inc., Intel Corp. and Adobe Systems have recently reached a settlement with plaintiffs over antitrust lawsuit, Reuters reported.
Athena Yenko Apr 28, 2014
Thursday saw the ASX make another near six year intra-day and closing high, as trading in the blue chips continued to push the market to levels not seen since mid-2008.
Vittorio Hernandez Apr 28, 2014
In US economic data, the ´´flash´´ services index fell from 55.3 to 54.2 in April. The composite purchasing managers index eased from 55.7 to 54.9 in April. But consumer sentiment rose from 82.6 to a 9-month high of 84.1 in April, ahead of forecasts centred on a result near 83.0.
Vittorio Hernandez Apr 28, 2014
In the last Labor-led government, industries had to pay $24 per tonne carbon tax to reduce carbon emissions in the atmosphere. Under Abbott administration, the government would instead pay Australia's heavy industries $2.5 billion to reduce their carbon emissions to meet the federal government's target of 5 per cent reduction or 421 million tonnes of carbon dioxide by 2020.
Vittorio Hernandez Apr 28, 2014
Apple Inc. has beaten analysts' expectations and its own guidance by earning $45.6 billion in revenue for the first quarter of the calendar year and the second quarter of the fiscal year.
Reissa Su Apr 24, 2014
The buying spree continued on the final day of the shortened trading week, with Australian stocks once again closing at their best levels in almost six years.
Vittorio Hernandez Apr 24, 2014
The Australian share market continues to trade at near six year highs in the early session, despite a negative lead from Wall Street. Investor sentiment has been boosted however by strong earnings reports from Facebook and Apple in the US, after the bell, which has sent both companies' share prices higher in after-hours trade.
Vittorio Hernandez Apr 24, 2014
Activist investor Carl Icahn says that Apple Inc is undervalued and admitted of not selling a single share of Apple Inc
Athena Yenko Apr 24, 2014
Gas prices in New South Wales are set to increase by 17.6 per cent effective July 1, making typical NSW households' gas bills jump between $150 and $225 annually.
Esther Tanquintic-Misa Apr 24, 2014
Le's talk about women empowerment. Being the highest ranking woman on Facebook, Chief Operating Officer Sheryl Sandberg speaks out her stand on the importance of women to occupy the other half of making business decisions.
Ma Evelyn Castino Quilas Apr 24, 2014
The equity rally we've been seeing in the US finally came to a halt on the back of mixed earnings and some disappointing economic data. The US flash manufacturing PMI and new home sales both missed estimates and contributed to dampening sentiment. While earnings weren't great in US trade, after hours trade has seen some monster results from tech giants Apple and Facebook. In fact, US futures are up 0.6% in after-hours trade and this is likely to also translate to good gains in Asia.
Vittorio Hernandez Apr 24, 2014
