BUSINESS

Our World Through Thomas Paine’s Eyes

I've just spent a harrowing weekend reflecting on Thomas Paine's Common Sense, the pamphlet that came out in January 1776 and turned the public toward seeking independence from Britain. I say harrowing because the distance between the ideals found in this pamphlet and those of today's America is so vast as to make it nearly unrecognisable.

Australian Stock Market Report – Midday 10/21/13

With the US political circus behind us (for now), investors are taking the opportunity to buy up, with the All Ordinaries Index (XAO) up by 0.7 per cent and cracking a five-year high in the process. The US S&P500 index (a measure of the performances of American's 500 biggest companies) cracked through an-time high on Friday.

Australian Corporate Bond Price Tables

PDF file attached.Corporate bonds offer an alternative to equity investment in providing a fixed "coupon", or interest payment, unlike equities which pay (or not) non-fixed dividend payments, and a maturity date, unlike equities which are open-ended.

2 Reasons Why the iPhone 5C Deserves to Fail

Several reports came out over the weekend of the poor sales of Apple's iPhone 5C, placing more doubts on the accuracy of the Cupertino-based tech giant's claim that it sold 9 million units of the 5S and 5C combined. Besides the dubious sales of the device, there are also reports of Apple slashing the production of the 5C and prices in the grey market dropping to almost half of recommended retail price.
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Apple Inc Co-Founder Steve Jobs Right All Along as Buyers Prefer Premium iPhone 5S

Apple Inc co-founder Steve Jobs may just have been proven right with his strong emphasis on Apple to focus on high-end consumer gadgets over cheaper ones.Three surveys that came out in the last two weeks suggest that the iPhone 5S outsells the iPhone 5C at least 2 to 1. Brokerage firm KGI Securities Co. has announced it was cutting its estimates for the quarterly sales of Apple's iPhone 5C by a third.

Rod Drury Wins New Zealand Entrepreneur of the Year 2013, Xero Stock Price Climbs 30%

Rod Drury of Xero, who will also represent New Zealand in the Global Entrepreneur of the Year Awards won the top prize and was crowned Ernst & Young Entrepreneur of the Year 2013. It's been a string of positive news for Mr Drury and his online accounting software company, Xero. The company's shares had climbed to 30 per cent or at $25.20 per share as of Oct. 17. The Xero stock spike came after news of a $180 million investment as new capital for the company.

Your Editor On Twitter

By Rudi Filapek-Vandyck, Editor FNArenaI joined Twitter. Not because I am curious what this celebrity has to say about her kids, or to read that another one is waiting for a connecting flight, impatiently.

The Overnight Report: Back To (Fed-Fuelled) Business

By Greg PeelThe Dow closed down 2 points while the S&P gained 0.7% to 1733 and the Nasdaq added 0.6%.No one was entirely sure just how Wall Street would react last night to the reopening of the US government on a can-kick basis.

Australian Stock Market Report – Afternoon 10/17/13

At long last, the news we have all been waiting for. The United States House of Representatives has passed a bill that will see the re-opening of government and raise the US debt ceiling. The House voted 285-144 in favour of the legislation after the Senate earlier passed the bill 81-18. The agreement will see the US Federal Government reopen after being shut for the past 17 days and will remove the debt issuance restrictions. As government departments reopen tomorrow, we will get a clearer idea...

HTC One Max: Latest Phablet Phone Revealed

Struggling Taiwanese phone manufacturer HTC has taken the phablet market by storm. The smartphone maker is entering the phablet market by launching its latest plus sized version of its award-winning HTC One handset. Looks like gigantic displays are something buyers recognize as worth of having.

Google Smartwatch Soon Expected

The time has come when Smartwatches will take over. They are surely the much talked about gadget at the moment. And with Sony and Samsung already in the combat can we expect Google to stay away?

iPhone 5 iOS Series: Apple Cuts Production Orders of iPhone 5c as Market Verdict is Out

Seems like no one wants an Apple iPhone cheap or at least it looks like, even a cheap Apple iPhone is way too expensive. Experts had feared that iPhone 5c would eat into the market share of the premium model iPhone 5s. For all its promise to offer customers, unable to afford the premium variety, the iPhone experience, the iPhone 5c has failed to impress

Australian Stock Market Report – Midday 10/17/13

The Australian sharemarket is higher for the third day, with the All Ordinaries Index (XAO) 0.2 per cent stronger. This as the US Senate has voted to not only reopen the government after 16 days of closure, but also to temporarily raise the debt ceiling. The House of Reps is expected to vote next.

Hockey: Rising Australian House Prices Are More Affordable

What he's referring to is that the supply of Australian housing should rise as prices do. He's worried about affordability for developers, not buyers. That's fair enough...if you want to ignore the other half of the supply and demand equation.

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