Businesses in earthquake-damaged Bohol in the Philippines have resumed tour operations Thursday as survivors reclaimed lives amid the rising death toll that has reached 195. Cost of damages caused by 7.2 magnitude temblor had hit Php 1 billion (AU$24 million).
Beginning on Wednesday, Oct 23, Walmart shoppers could bring in their old tablets and trade them for up to $300 voucher that they can used to buy a new tablet. The promo covers the newly launched iPad Air and iPad Mini.
Hassanal Bolkiah, Sultan of Brunei Darussalam, has sought to toughen the existing Sharia law penal code in the country. Effective April 2014, offenders of the revised law, such as adulterers face death by stoning, amputation of limbs for theft, as well as flogging for alcohol consumption and abortion, among other types of punishments.
The long rally in US equities finally came to a halt, with disappointing earnings being pinned as the main reason behind the fall. However, US earnings have been largely ignored as the US market rallied and I feel some of the disappointing earnings were just an excuse for the sell-off. After four consecutive sessions of printing record highs, the S&P finally gave up ground and declined half a per cent. The main result the market concentrated on was a disappointing Q3 report from Caterpillar (CAT...
The Bank of Canada monetary policy decision resulted in no change to the overnight lending rate which remained at 1.0pct. This was as expected. However, the BoC dropped its previous bias to lift the policy rate. This bias has been in place for a year. In other words the BoC has now moved to outright neutral. Inflation is now expected to remain low for longer, the level of economic activity is also lower than expected, while risks of further weakness in the economy are taking on increasing import...
Real money as we know it arose along with marriage and the golden rule. These innovations allowed people to live together, peacefully, and to do business with one another. Trade, savings, investment, the division of labour - these are the bedrock innovations upon which modern capitalism rests.
Although the Fed may realize (though I doubt it) that the current asset purchases have minimal impact on the real economy of the majority of American people, they probably think that continuous monetary stimulus is the lesser of two evils. This is a wrong assumption, in my opinion, because prices are rising far more than wages and salaries.
By Greg PeelThe Dow closed down 54 points or 0.4% while the S&P lost 0.5% to 1746 and the Nasdaq fell 0.
This week's theme is the global financial system. It's been around for 40+ years in its current guise. That is, since 1971 when Nixon reneged on the US government's promises to pay its debt in gold (or gold equivalent dollars).
By Jonathan BarrattDashed hopes of tapering for the time being and even further stimulus efforts have spurred a more positive outlook for gold.
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...
Google seems to be burning huge amount of money on Motorola Mobility and according to experts, $1 billion could be the cost of what Google may face with Motorola each year. Know the possible reasons why Google purchased Motorola and keeps on financing its mobile division.
Google acquired FlexyCore and it is meant to make Android OS faster than ever. Android 4.4 KitKat will limit hardware requirements to support older devices once pushed. Is FlexyCore going to support Android 4.4 and Android 5.0 soon?
Diamond industry giant De Beers and Mountain Province Diamonds entered into a joint venture to develop the Gaheho Kue diamond mine in Northwest Territories.
The All Ordinaries Index (XAO) is rising for the seventh straight day; up 0.2 per cent and sitting at around a five year high. This makes it the longest winning streak in nine months and comes courtesy of some worse than expected US jobs numbers overnight.
Apple Oct 22 summary of official announcements
Optus warns Aussies to erase all personal data before trade-in
Google Launches Australian Fire Crisis Map
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.
A study by researchers from the University of British Columbia's School of Population and Public Health has found that at least 21,000 Canadians die each year due to air pollution.
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 ...
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.
NSW home owners can now easily gauge market interest for their property without committing to sell by registering with Nextforsale.com.au, an online platform launched this week.
By Greg PeelThe Dow closed up 75 points or 0.5% while the S&P gained 0.6% to 1754 despite the Nasdaq only rising 0.
Is Taiwanese phonemaker HTC following the footsteps of the once-giant Canadian tech firm BlackBerry? Reports said that the fortunes of the company that impressed the tech world with its HTC One smartphone is on a downhill, having lost 70 per cent of its market share and 90 per cent of its market capitalisation since its glory days in 2011.
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....
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.
The animal cruelty revealed by a video secretly taken at a couple of Alberta farms is shocking, according to Mercy for Animals Canada.
Who would not want to work for big companies like Google, Apple, Microsoft and Facebook? But how could one get a job in these "most wanted employers' companies?"
Analysts’ prediction for the Apple Inc Oct 22 Event
