BUSINESS

Yahoo! Finally Shuts Down China Services

Yahoo! has finally shut down and folded up its operations in China, in what is to be an expected scenario since the company began its gradual phase out beginning with the closure of its e-mail service in August.

No Rush To Buy Uranium

By Greg PeelThe spot market for uranium was never of much interest until the big surge took prices up well over US$100/lb in 2006.
More news

Australian Stock Market Report – Midday 9/2/13

The Australian market has shrugged off the weakness from global markets on Friday, with the All Ordinaries Index (XAO) up 0.7 per cent. Some better than expected signs for China's manufacturing sector on Sunday are helping lift equities at lunch. The XAO remains well above 5100.0pts.

The Bull in the China Shop

The mainstream view is that China can smoothly transition its economy from construction to consumption. This is a dangerous illusion.

Is a 50% Market Decline Possible?

Before we get stuck into today's Daily Reckoning, just a reminder to watch out for a special report from Gowdie Family Wealth editor Vern Gowdie tomorrow. Vern makes some pretty big claims. We won't go into it here, but if you think we're bearish, check out Vern's well-reasoned analysis for a comparison.

Vodafone and Verizon are to Start Talks for U.S. Wireless Stake Sale

According to reports Vodafone Group and Verizon Communications are in advanced discussions about a sale of the holding for about $130 billion. Vodafone Group Plc (VOD) is in talks to sell its 45 percent stake in Verizon Wireless to U.S. partner Verizon Communications Inc. in what would be the biggest deal in more than a decade.

New Zealand Parliament Bans Software Patents; IT Industry Rejoices

It is a major piece of legislation and could change the way we know software. It is a move that is expected to improve the system and drive further innovation. The New Zealand parliament on Thursday passed legislation that bans software patents. The motion was passed by a 117 to four vote and followed five long years of parliamentary debate. However, the legislation will only affect new patent applications. It means that existing software patents in New Zealand will continue to remain in force.

Australian Stock Market Report –Evening 8/30/13

The modest improvements recorded at midday were built on in the afternoon, with shares closing at intra-day highs. The All Ordinaries Index (XAO) jumped by 0.8 per cent, the fourth improvement for the week and pushing the XAO back above 5100pts.

Australian Stock Market Report – Midday 8/30/13

The Australian sharemarket is improving modestly for the fourth time this week. Conflict in Syria is still a problem for markets; however the chance of an imminent US led military intervention seems to have diminished for the time being. Overnight, the British parliament voted against using force in Syria.

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.

Sony (NYSE: SNE)'s Smartphone Lens Camera to Cost $450, Announcement on Sep. 4

What could be better than taking photos with top of the line smartphones with like iPhone 5, or Samsung Galaxy S4? Taking photos with lenses attached to the smartphone. Sony has done exactly that with the QX10 and QX100, two lenses that connect to the smartphone camera. These are essentially huge lense camera accessories that can be hooked up to cameras on mobile devices. What does it do? You can turn your smartphone into a mean machine that zooms right in with image sensors giving you amazing q...

Some Profit at Last for Qantas

Australian flag carrier Qantas is slowly beginning to turnaround financially as the air carrier logged $6 million full-year net profits, its first after it suffered from its first loss since the company was privatised.

US Market Crash Alert!

Our operating hunch is that US stocks, Treasuries and gold have all turned over recent months.

Emerging Markets Are In Trouble

Emerging markets are in all sorts of trouble, and with the oil price preparing for another Middle Eastern war, centred this time in Syria, their problems are about to get worse. A collapsing currency combined with a rising US dollar oil price is a big tax on economic growth, and it comes at precisely the wrong time for the global economy.

McDonald’s to Add Mighty Wings on its Menu

McDonald's the world's most popular hamburger chain is getting into the chicken wing business. After several months of testing in Chicago, McDonald's is preparing for a nationwide rollout of its "Mighty Wings" next month, the company has confirmed.

Pages