BUSINESS

Apple Inc's iPhone 5S, iPhone 5C Launch: Can Apple Redeem Its Former Glory? (VIDEO)

Apple Inc. has sent out invitations for its event at the company's Cupertino headquarters on Sept. 10 which is also the same date that Apple is rumoured to release the latest iPhone 5S and iPhone 5C. Investors of Apple Inc. may be crossing their fingers since they are hoping the company will launch better and more innovative products than its closest competitor, Samsung Electronics, to boost the stock price to the $700 level.
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Taiwan's Spectacular House Price Rises

A 15.43% rise Taiwan's Lutheran home price index during the year to end-Q2 2013, (14.52% inflation-adjusted) follows four years of unbroken house price increases, according to Sinyi Real Estate Planning and Research. The latest quarter was spectacular too: the home price index rose a record 7.45% (7.33% inflation-adjusted) in Q2 2013.

New Zealand's Fonterra Back in Russia, Whey Protein in Milk Safe for Consumers (VIDEO)

New Zealand's Fonterra has received a report that Russia has lifted its temporary ban on its dairy products. The Ministry of Primary Industries in New Zealand said some of Fonterra's milk products were now allowed back to Russia. While the agency was pleased with the news, it said there were some restrictions imposed on Fonterra to protect Russian consumers.

Australia’s Political Stocks Have Never Been Lower

Thank goodness that's all over. Throughout the whole tiresome election sales pitch, we've purposefully refrained from making any comments on politics. But now that it's all over for another three years, we'll make a few.

Uranium Steadies

By Greg PeelThe EU's nuclear energy goals continue to evolve in a variety of ways, notes an extensive report from industry consultant TradeTech, depending on individual member states' nuclear strategies, with a common goal of enhanced safety and security standards in the post-Fukushima era...

Executive Pay, Bonuses Cut for Newcrest Officials

Due to its net loss of $5.77 billion for the 2013 financial year caused by $6 billion asset write-downs and restructuring costs, Newcrest Mining executives took substantial cuts in their pay package and bonuses.

Australian Stock Market Report – Afternoon 9/9/13

The Australian share market enjoyed a solid start to the trading week. The removal of election uncertainty, strong Chinese trade data and a successful Olympic bid by Tokyo also supported stocks in the region. Japan's Nikkei Index rose 2.5 per cent while the Shanghai Composite in China was up 3.5 per cent.

Australian Stock Market Report – Midday 9/9/13

Australian shares are a touch higher, with some better than forecast economic news out this morning assisting. The All Ordinaries Index (XAO) is up 0.4 per cent. The number of loan commitments by those buying, building or renovating properties jumped by a better than forecast 2.4 per cent in August. The number of job advertisements made by businesses in newspapers and online slid by 2 per cent, however Chinese inflation numbers were mostly as expected.

Australia’s Property Crash: Gold Coast Homes Selling at 50% Discount

It is a buyers' market in Australia's Gold Coast as property prices plummet up to 50 per cent since 2010, while median price is a third below Sydney's prices. Although property prices in Gold Coast went up 0.8 per cent in the past year through June, other large Australian cities logged an average of 3.8 per cent hike.

Housing Failure and Price Spikes

Financial types aren't known for their boxing prowess. But economist Saul Eslake took to the metaphorical ring this week and, with straight lefts and right hooks, beat Australia's housing policy to a pulp.

Samsung Galaxy Gear, Google Glasses to Spur More Tech-Designed Wearable Body Gadgets

The official launch of the Samsung Galaxy Gear smartwatch and the arrival of Google Glasses are signalling a transformation of body wear products by tech firms. Holding a phone in your in hand requires additional effort and most people are not comfortable having traditional headphones in their ears. These can also get damaged easily.

Samsung Galaxy Gear Released; Smartwatch to Cost $299 (VIDEO)

With competition growing toward the holiday season, Sasmung has released its response to the iWatch, the Samsung Galaxy Gear at a trade show in Germany. Others like Sony, Microsoft or Amazon already have one in the market or are planning to launch one in the near future. Not to mention patents galore. For instance, Apple Inc has already filed for trademark applications in Mexico, Japan and several other countries. Apple's trademark patent was one reason why its rivals want to release their v...

Chobani Yogurt Recall: CEO Apologises, Offers Refund for Yogurt with Molds {VIDEO)

Chobani, the largest Greek yogurt manufacturer in the U.S., announced a recall of some yogurt cups said to contain molds after the company received several complaints of people getting sick after eating its products. According to Chobani, less than 5 per cent of its total yogurt production was discovered to contain molds. The contaminated batch of Chobani yogurt came from the company's facility in Idaho.

Australian Stock Market Report – Afternoon 9/6/13

Investor caution saw the local market close flat after being in the red for most of the session. Investors elected to stay out of equities ahead of the August non-farm payrolls report being released in the US tonight and tomorrow's Federal Election.

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