BUSINESS

Australian Stock Market Report – Afternoon 12/6/13

The All Ordinaries Index (XAO) slipped by 0.2 per cent today, taking the losses this week to a significant 2.3 per cent. This makes it the worst week for local stocks in six months. Shares have fallen for five of the past six trading sessions. Volume was quite light however due to the all-important non-farm payrolls report in the U.S. tonight. This is a measure of how many jobs were added or lost in November and has the potential to set the tone for local shares and currencies next week. If much...
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Australian Stock Market Report – Midday 12/6/13

The selling that began with some conviction late Thursday afternoon has persisted in the early part of trade on Friday, although the ASX 200 is recovering from intraday weakness as banks pare declines. The question hanging over the market in the afternoon session will be whether it can hold the lows that have been established or will sellers continue to test the resolve of the market and gun for the low of the day which currently sits at 5154.6.

Holiday 2013 Gift Guide: Top 5 Gifts for Men [PHOTOS]

Let's face it, when it comes to gift giving, it's always difficult to find the perfect gift for the men in your life, whether he is a boyfriend, a husband, your dad, uncle or even brother. But, don't worry, here is a simple Holiday 2013 Gift Guide featuring the Top 5 Gifts for Men to give you some ideas on what to shop for this Christmas.

Australian Stock Market Report – Morning 12/6/13

In US economic news, weekly jobless claims (claims for unemployment insurance) fell by 23,000 to 298,000. The US economy grew at 3.6pct annual pace in the September quarter, up from the ´´flash´´ estimate of 2.8%. Factory orders fell by 0.9pct in October, close to forecasts. And according to Challenger, planned job layoffs fell from 45,730 to 45,314 in November.

Scariest Ad Ever? Japanese Tyre Company Gets Creative With Horror Ad [VIDEO]

Only the ads that invoke extreme sensations really get the attention of consumers. That’s why the most memorable commercials ever played on air and online are mostly either funny or poignant. But a tyre company in Japan decided to take a different yet apparently as effective route by creating what the media now calls the scariest ad ever made.

Australian Stock Market Report – Afternoon 12/5/13

The Australian sharemarket gradually extended its losses from around midday onward, with the All Ordinaries Index (XAO) slumping by 1.3 per cent following a flat start. The mining sector was the only thing limiting the losses for most of the day; however faded late in trade.

Apple Inc to Receive Carl Icahn's $50B Buyback Proposal in Annual Company Meeting

Billionaire activist investor Carl Icahn has reportedly submitted a proposal for Apple Inc to buy back $50 billion worth of stocks. According to CNBC, a source said Mr Icahn will present the stock buyback proposal during Apple's annual shareholders meeting. On Dec. 4, Mr Icahn posted on Twitter that he has informed Apple Inc of his intention to push for a vote for the company to increase its stock buyback program.

Vuzix M100 Smart Glasses Now Available for Preorder for $1,000 [WATCH]

The Vuzix M100 Smart Glasses, which is Google Glass' main competitor, is now available for preorder for $1,000. Compared to the price of a Google Glass developer or Explorer edition which is reportedly $1,500 or around £985 or $1,449 AUD, the Vuzix M100 Smart Glasses is relatively cheaper.

Australian Stock Market Report – Midday 12/5/13

The Australian sharemarket is in the red, with the All Ordinaries Index (XAO) down by 0.5 per cent at lunch. Strength in the mining sector is helping minimise market losses, with the industry up 0.55 per cent, while a 1.2 per cent slump across the financials is holding back the market most.

Holiday 2013 Gift Guide: The Top 5 Toys for Girls in 2013 [PHOTOS]

It’s December 2013 and each day passes quickly until one day you realize, it’s Christmas Day already! Naturally, there’s a mad rush for buying gifts at this time of the year. So many choices, so little time! To help you narrow down the list of what to buy, especially for finicky children who happen to be girls, here is the Holiday 2013 Gift Guide featuring the Top 5 Toys for Girls in 2013.

Holiday 2013 Gift Guide: The Top 5 Toys for Boys in 2013 [PHOTOS]

Christmas is fast approaching, with only a few days left before Dec 25, 2013. While a lot of people argue that Christmas is not just a time for giving gifts, it can't be denied that a huge part of it is still about shopping, wrapping presents and exchanging gifts. Since it's almost Christmastime, the mad rush of looking for gifts has already started. With there is a whole gamut of options for consumers out there, it can be quite confusing and a little hard to decide on what to give people,...

Global Markets Overview – 12/5/13

Equities continued to taper off as investors weighed the latest US data and its implications on tapering talk. The highlight was the ADP non-farm employment change which came in at a much better-than-expected 215,000 (versus 172,000 expected). There was also a very strong new home sales (up 25.4% in October and highest monthly percentage gain since 1980) reading and encouraging Beige Book commentary which helped add to the tapering argument. US treasury yields popped higher as we continue to get...

Australian Stock Market Report – Morning 12/5/13

In US economic news, the ADP employment index showed that 215,000 private sector jobs were created in November, ahead of forecasts for a gain of 173,000. The trade deficit fell from US$42.97 billion to US$41.64bn in October. The ISM services index eased from 55.4 to 53.9 in November. And new home sales rose by 25.4% in October after falling by 6.6% in September.

A Trader's Wrap

By Chris Weston, IG MarketsIt's been a disappointing tape in Asia, with Australian traders keeping one eye on the cricket, while there has been plenty on the stock side to focus on as well.

Australian Stock Market Report – Afternoon 12/4/13

The ASX200 shrugged off a 3 day losing streak even though third quarter GDP figures were below expectations. The market recovered initial losses driven by the notion that the slower rate of growth meant that whilst interest rates might not be cut any time soon, the risk is that they will remain at historically low levels for a longer period.

Lenovo IdeaPad Yoga 13 vs. Acer Aspire R7-571G: Specs Comparison [WATCH]

The Lenovo IdeaPad Yoga 13 and Acer Aspire R7-571G are two hybrid laptop/tablets that offer its users varied ways on how to use and view it. But which one is better? The Lenovo IdeaPad Yoga 13 Convertible Ultrabook or the Acer Aspire R7-571G? Read on to find out in the specs comparison here.

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