BUSINESS

Australian Stock Market Report – Afternoon 10/23/13

Three events over the past 24 hours have influenced markets and currencies. Firstly, last night a report showed there were fewer jobs created in the US over Sept than many had hoped. This reduced the likelihood of an imminent tapering in the Fed's current stimulus strategy and also pushed markets and the Aussie dollar higher. Secondly, this morning, the latest Consumer Price Index (CPI) showed that prices rose by a more than expected 1.2 per cent over the September quarter; all but wiping out...
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Thailand to Slap New 500 Baht Entry Arrival Tax on Tourists Effective 2014

Thailand, known for its archaeological sites, sandy beaches, weekend and night markets, Buddhist temples and, of course, the traditional Thai massage, among others, wants to slap a 500-baht (AU$16.60) entry tax on tourists upon their arrival at the country. The government targets to implement the new fee effective January 2014.

Stop Reading The AFR If You Are Scared!

By Peter Switzer, Switzer Super ReportFor all my subscribers who are getting worried about the soundness of Australian banks, well, I make one recommendation, and I do this with a heavy heart ? stop reading the Australian Financial Review!Don't get me wrong, I read this respected newspaper but ...

Early Xiaomi Backer is New Partner of GGV Capital

Hans Tung of Qiming Ventures in the new partner of GGV Capital, a cross-border venture capital company that has its focus on China and the U.S. Mr Tung, a venture capitalist who support the Chinese phonemaker Xiaomi that is now growing valued at $10 billion, is the sixth general partner of GGV.

Australian Stock Market Report –Afternoon 10/22/13

Tuesday afternoon trade for the ASX200 was marked by new highs being made in successive hours. The exception being the final hour of trade, when sellers gained some traction following comments from the Federal Treasurer. Mr Hockey spoke of the outlook for the 2013-14 Federal Budget deteriorating. The impact was modest and not enduring. The Aussie dollar dipped and recovered not long after the comments, although it had been in a downtrend all day. December 10-year bond futures were trading at 95....

Sugar Prices Soar After Fire At Brazil Port

lobal sugar prices have risen to a one-year high after a fire broke out at several warehouses in the southern Brazilian port of Santos last Friday, destroying some 180,000 tons of sugar in the process.

BlackBerry Relaunches BBM for Android, iPhone

Troubled Canadian phone maker BlackBerry released on Monday the BlackBerry Messenger apps for iPhone and Android users. The release is almost a month delayed because of problems.

Uranium Market Slumbers

By Greg PeelIt's not what struggling uranium producers want to hear. The spot market has gone dead quiet.

The Overnight Report: Looking For Jobs

By Greg PeelThe Dow closed down 7 points while the S&P was flat at 1744 and the Nasdaq gained 0.2%.Bridge Street pushed to a new five-year high yesterday as traders took the lead from another solid gain on Wall Street on Friday and a near one percent Monday rise in Japan.

86% of Aussie Parents Play Video Games With Their Kids

Playing video games is one of the favourite things Australians do to while away time. The findings of the Digital Australia 2014 report commissioned by the Interactive Games & Entertainment Association released on Monday found that 70 per cent of the respondents play video games and 86 per cent of Aussie parents play it with their kids.

Australian Stock Market Report – Afternoon 10/21/13

Despite pulling away from fresh five-year highs reached earlier in the session, the All Ordinaries Index (XAO) still ended 0.5 per cent higher by the close. The miners were the biggest contributors to the gains. BHP Billiton (BHP), which is scheduled to issue its quarterly production numbers tomorrow, rose by 1.26 per cent today.

iPad vs iPhone 2013 Sales Growth: What Can Apple Expect from their iPad 5 and iPad Mini 2?

Apple will be hosting a press event on Tuesday, October 22. As reports indicate, Apple will be launching a series of products like the 2013 MacBook Pro, iPad 5 and iPad Mini. As the market waits for one of the biggest names in tech to release its products, there are concerns whether Apple can still deliver sales and reception like it used to. A look at the growth sales of iPads and iPhones can help shed sight of what lies ahead for the tech giant.

5 Things to Know About Flexible Displays on Smartphones

As the two South Korean tech giants race to get a sizeable part of the flexible phone market, it become an opportunity for phone users to learn more about new features of smartphone that were not available commercially a few years ago.

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