BUSINESS

Australian Stock Market Report – Afternoon 8/29/13

The Australian sharemarket rose modestly today, with concerns relating to Syria put on the backburner briefly. The All Ordinaries Index (XAO) edged higher by 0.1 per cent, with the underperforming (yesterday) mining & energy stocks leading the improvements.

New Zealand's Fonterra Back in Sri Lanka, Units Gain After Botulism False Alarm News

New Zealand dairy giant Fonterra has announced that it will resume its Sri Lankan operations after temporarily suspending work and plant processing for the safety of its employees. Meanwhile, the price of Fonterra's NZX-listed units went up 3.2 per cent or $7.10 after the company retested its alleged contaminated whey protein concentrates and found the botulism scare to be a false alarm.
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The Overnight Report: Tentative Rebound, Oil Pushes Higher

By Greg PeelThe Dow rose 48 points or 0.3% while the S&P gained 0.3% to 1634 and the Nasdaq added 0.4%Result season took a back seat on Bridge Street yesterday as offshore pressure finally became too much and Australia joined in a Syria-related risk-off divestment which saw cyclicals dumped, with ma...

Australian Stock Market Report – Afternoon 8/28/13

Australian shares finished firmly lower at the close, with the All Ordinaries Index (XAO) slipping by 1 per cent. The losses within the mining sector worsened throughout the afternoon, with the S&P/ASX200 Materials Index falling by 2.1 per cent.

Can Apple Inc Succeed in Grabbing a Sizeable Market Share in China?

Reports of Apple Inc getting a deal with China Mobile may be attempts to make an aggressive push for Chinese customers to buy more iPhones. If Apple does release a cheaper iPhone, the company should get the pricing right since there is no guarantee it will be warmly welcomed.

Australian Stock Market Report – Midday 8/28/13

After doing little on Monday and Tuesday, the local market is recording its biggest daily slump since 7 August. The most significant driver is the tension in Syria. The potential for a US led military strike has been pushing gold and oil prices higher, while equities have been punished.

Canadian Woman Sarah Casanova Appointed New McDonald's Japan CEO

In what has been an unprecedented move for a country whose mindset is to put only males as leaders whether in the corporate or political streams, McDonald's Japan on Tuesday announced its top post will now be helmed by a woman in the person of Canadian Sarah Casanova.

Be A Realistic Optimist

By Peter Switzer, Switzer Super ReportThere are about four weeks to go for this taper-talk anxiety, which has been unsettling markets.

Australian Stock Market Report – Afternoon 8/27/13

The All Ordinaries Index (XAO) eased modestly after a slightly improvement on Monday. The 5100pt mark remains key for the ASX200; a level we've traded above for three straight sessions. The Australian market hasn't traded above the 5100 in a decisive manner however since June 2008. Weakness from the mining, energy, industrials and telcos kept the market a touch lower. Improvements from three of the four major banks helped to limit the losses; however wasn't enough to push the broader XA...

Australian Stock Market Report – Midday 8/27/13

The Australian share market is only slightly weaker in the early session despite falls on Wall Street overnight on Syria concerns. US Secretary of State John Kerry blasted Syria for its use of chemical weapons, sending the Dow Jones Index into free-fall in the afternoon session. European shares were mixed in thin trade on Monday with the UK markets shut for the bank holiday.

Would You Buy BlackBerry’s Q10 Gold Edition at $1,000?

Despite the weak sales of its Q10 and Z10 smartphones, Canadian tech firm BlackBerry is joining the gold club by releasing gold and white special editions of its Q10. The unit will be available in the United Arab Emirates in late August for $1,035.

Tesla Outsells Porsche; Model S Sedan Australia Launch Looms

California-based Tesla Motors' (NASDAQ: TSLA) manufactures affordable electric automobiles. And its goal is to produce more electric cars with a price tag that consumers can say ‘yes’ to. More than that, Tesla is doing a great job in promoting sustainable transportation that will transform the auto industry into safe, user-friendly vehicles, offering a high degree of “green” mechanics.

Caltex Australia Logs 13% Dip in First Half Profit

Caltex Australia reported on Tuesday a 13 per cent drop in first half profit due to the sharp decline of the Australian dollar, while fuel sales also suffered because of production outages at a Brisbane refinery and damage to a Sydney pipeline.

Uranium Price Settles

By Greg PeelA speculative buy order which hit the spot uranium market a few weeks back looking for sellers at the right price was withdrawn two weeks ago, leading to some scrambling selling and a US75c fall in spot.

Top 5 Property Hotspots in Australia

Australia is consistently one of the most popular destinations for property on TheMoveChannel.com. The country's sunny weather and relaxed lifestyle has long been a big draw for overseas buyers looking for a new life Down Under.

Google+ Hangouts trials Google Helpouts

Google Hangouts has become an Internet sensation, on its own it has propelled the Google+ Social Network to number two behind Facebook. What has been amazing has not been the take up of Google+ although this was to be expected, but just how many business were embracing Google+ Hangouts.

Moving Through the US Dollar

Well, this week has been all about the 'taper', another annoying Fed-coined phrase that the market has latched onto with full force. Don't worry, we're not going to discuss it at any great length here.

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