BUSINESS

Australian Stock Market Report – Morning 1/6/14

A number of US Fed members spoke on Friday and Saturday, with timing of stimulus withdrawal being the overarching theme. Philadelphia Fed President Plosser said the Fed could cut QE by larger than $10 billion increments if data improves, floating a hypothetical amount of $25 billion. He also commented that the FOMC is still debating possible rules for taper. Fed Chairman Bernanke said that the Fed was no less committed to accommodative policy despite recent announcements to slow its stimulus pro...
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Australian Stock Market Report – Morning 1/3/14

In US economic news, jobless claims fell for the second consecutive week down by 2,000 to 339,000 last week - suggesting labour market continued to steadily improve. The US Markit PMI lifted from 54.7 to 55.0 in December - the fastest pace in 11 months. Across the subindices a solid increase was recorded in output and employment. US ISM manufacturing factory activity eased marginally from 57.3 to 57.0 in December. US construction spending rose by 1% to a five year high.

Australian Stock Market Report – Midday 1/2/14

The Australian share market is trading higher on the first trading day of 2014, gaining half of one per cent in the early session albeit on low trading volumes.

Global Markets Overview – 1/2/14

If history is to be any sort of guide then January, and specifically today, should be a good one to be long on global indices and risk assets in general.

Australian Stock Market Report – Morning 1/2/14

In US economic news, S&P Case Shiller composite house price index rose by 1% in October against expectations of a 0.8% rise. Compared to a year earlier house prices were up 13.6%.

2014 Psychic Predictions: 12-Month Complete Forecast

Goodbye 2013, Hello 2014! The predictions are up and it's a mix of good and bad but everyone should pay attention as this New Year will bring fortune and misfortune in all parts of the world. 2013 has been a rough year when it comes to economy and natural calamities and 2014 is going to hand another series of calamities and economic concerns that will test everyone's resiliency.

Myer Hopes To Appease Customers With Free Postage After Site Crash

Myer is trying to placate frustrated online shoppers with a free postage offer. The Australian up-market department store chain’s online crashed on the biggest shopping day of the year, not only upsetting buyers, but also hurting its executives financially.

Gift Cards: Be Wary, Shop Wisely

Gift cards are a popular present but they are also a rising cause of complaints, with Consumer Affairs Victoria receiving more than 60 complaints about gift cards between 1 January and 30 June 2013, doubling the 30 complaints received for the whole of 2012.

Apple Inc and Carl Icahn Will Go Head to Head in Annual Shareholder's Meeting in 2014

Apple Inc and billionaire activist investor Carl Icahn are expected to battle it out in the company's annual shareholders meeting. Mr Icahn is expected to submit his $50 billion buyback proposal in the February 2014 meeting. Apple Inc's shareholders will be voting on whether or not to accept Mr Icahn's stock proposal to increase the company's buyback program to $50 billion.

Google and Audi Expected to Announce the Android-based Car System

The next battle arena for Google appears to be automobile space as Google in partnership with Audi is rumoured to make a new in-car entertainment and information system next week at Consumer Electronics Show as reported by the Wall Street Journal.

How to Spot Fake Electronics Including Apple and Amazon Kindle USB Adapters and Xbox Game Consoles [WATCH]

Aside from the delicious food, dazzling decorations, beautiful clothes and gifts, the holidays also bring about numerous sales from stores that want to cash in on the consumers' fat wallets and generous spirits. Unfortunately, it is also during this time that a lot of counterfeit products are being sold alongside the real ones. To avoid getting duped into buying fake products, especially electronics, check out some tips on how to spot fake electronics

Lara Croft: Reflections F2P Card Game Being Tested in Australia and New Zealand [WATCH]

The new "Lara Croft: Reflections" will reportedly be a free-to-play (F2P) collectible card game and is currently being tested in Australia and New Zealand. However, it is still unclear if the said game will also be available in the U.S. and in other parts of the world. But, if it turns out that it will be made available worldwide, then it is predicted to be released in 2014. As a free-to-play (F2P) card game, "Lara Croft: Reflections" can be downloaded for free, but gamers might be c...

Apple Inc Shares Climb After China Mobile Deal News, 2014 May be Year of iPhones

Apple Inc shares climbed 3.8 per cent at $570.09 after the company has officially announced and confirmed the deal with China Mobile, the biggest mobile carrier in the world. Now Apple Inc is one of the tech stocks to watch out for in 2014 with analysts optimistic of bigger iPhone sales in the Chinese market.

Cracker Barrel Brings Back Selected Offensive ‘Duck Dynasty’ Products in Shelves a Day After Announcing it Was Pulling it Out [WATCH]

Cracker Barrel Old Country Store, Inc., an American Southern country themed chain of restaurants and gift stores founded in 1969 in Lebanon, Tennessee (TN), announced on Dec. 22, 2013 that they will bring back selected "Duck Dynasty" products that were deemed "offensive" in its stores' shelves just a day after announcing that it was pulling it out.

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