BUSINESS

The Australian share market ran out of steam in the afternoon session, managing only a modest daily gain, despite record highs being reached on Wall Street overnight.

The behaviour of some Tacloban residents continue to puzzle observers after reports surfaced of rampant looting in the city ravaged by Super Typhoon Haiyan (Yolanda). First, the emptied the Gaisano Mall, taking even appliances, electronic goods and branded clothes, putting in question their motives - is it for survival or simply for personal gain. Then they also looted gasoline. On Tuesday, GMA News reported that warehouses in the city were also being robbed of cases of beer!

The Australian share market is back in the black today, rising by 0.3 per cent in early trade after the US Dow Jones and S&P 500 Indices notched up record gains again overnight.

England U-21 footballer Andre Wisdom did not have a particularly good weekend, getting his new luxury sports car stuck in the mud hours before a big game.

Apple Inc. CEO Tim Cook agreed with Carl Icahn that Apple Inc. (NASDAQ:AAPL) remains undervalued

Hackers had successfully entered into the system of payments processor Inputs.io from a four-month-old Australian Bitcoin bank and stole over $1 million. The hacking incident is estimated to have taken place between Oct 23 and 26.

Google has officially launched Helpouts on Nov. 5, 2013. It offers netizens help from experts via live chat over video. It includes tips in Art and Music, Computers and Electronics, Home and Garden, Education and Careers, Fashion and Beauty, Fitness and Nutrition, Health and Cooking. One of the first live video chats to be launched was Helpouts by Sephora featuring several makeup tips and tricks from the French brand and chain of cosmetics stores that can be found all over the world and on the I...

Tropical depression Zoraida has finally entered the Philippines, placing at least 30 areas under storm signal no. 1, barely a week after Category 5 super typhoon Haiyan (Yolanda) ripped across the country.

Australia Post launches world’s first video stamp

Three decades of economic and social policy is expected to be swept aside in the coming 48 hours.

In European economic news, Italian industrial production rose by 0.2pct in September, while annual contraction slowed to minus 3.0pct.

By Greg PeelAs to whether last week saw some light at the end of the long, dark uranium tunnel last week is yet to be determined.

By Greg PeelThe Dow rose 21 points or 0.1% while the S&P gained a point to 1771 and the Nasdaq was flat.

Despite a close to 0.5 per cent improvement in very early trade, the Australian sharemarket steadily eased from around 10.30am (AEDT) onwards and slid into negative territory from around lunchtime. The banks were the worst performers, with ANZ slumping by 1.74 per cent.

Canalys Research Director Nicole Peng reported Apple Inc has ranked fifth place in China's smartphone market in the second half of 2013. In the latest figures, Apple surpassed local corporations, Xiaomi and ZTE, since Apple has decided to include China as one of the first countries where iPhone 5S and iPhone 5C are released.

Apple Inc. is rumoured to be designing its iPhone 2014 models with curved glass screen and enhanced sensors

Yay, Butterbeer is here! Thanks to Starbucks, Harry Potter fans need not go to the Three Broomsticks Inn anymore to have a taste of this famous drink favoured by our beloved HP characters.

Motorola of Google continues to pioneer in the field of electronic tattoo that would do away with passwords. This time, the tech firm applied for a patent in May 2012 with the U.S. Patent and Trademark Office for an electronic skin tattoo, called electronic tattoo 110, located on the neck that would double as a mobile communication device.

I would like readers to consider carefully the fundamental difference between a 'real economy' and a 'financial economy'. In a real economy, the debt and equity markets as a percentage of GDP are small and are principally designed to channel savings intoinvestments.

The Australian sharemarket kicked off the week almost 0.5 per cent higher, helped by better than expected US jobs growth on Friday and solid Chinese economic news on Saturday. The market however is now barely managing to hang onto a few points of gains. The All Ordinaries Index is up by 4 pts or just shy of 0.1 per cent.

Richard (Rick) MillsAhead of the HerdAs a general rule, the most successful man in life is the man who has the best information.

Eastern Japan, where the crippled Fukushima nuclear power plant is located, has been shaken anew by a 5.5 magnitude earthquake on Sunday morning. Tokyo Electric Power Co (Tepco), operator of the embattled power plant, said the facility has suffered no abnormalities so far.

Macro excitement is back making front page news as the US, China and Europe produce varying arrays of macro data.

It's the newest device available on the market, and Richard Ryan of the Web site RatedRR decided to give Apple's iPad Air a torture test made up of four parts. First, he dropped it on soft ground then on concrete, followed by dunking it in a container of water and finally hitting it with the Airsoft MP7.

In US economic news, non-farm payrolls (employment) rose by 204,000 in October, well ahead of forecasts tipping a 125,000 gain. Jobs were revised up by 60,000 in the two previous months. The unemployment rate rose from 7.2pct to 7.3pct.

While prestigious model competitions such as America Next Top Model has opened its doors to plus-size models, fashion label Abercrombie & Fitch has just realised its folly in shutting its doors to clothes for bigger shoppers.

By Ashley JessenASX Top Gainers & Losers plus Market Snapshot - 11 November 2013Positive US jobs data suggesting 205,000 new jobs were added versus an expectation of 120,000, provided a handy boost of 167 points to the Dow Jones, to cap off 5 straight weeks of gains but with Gold down under $1,300 a...

The weekly closed last week on an uptrend. The market has lacked direction for the past fortnight and rallies have been quick and short lived with a lack of volume at the peaks indicating the market is being bid up as sellers remain patient.

Reform of Riot Act could see government compensation pot restricted to SMEs with turnover under £2m.