BUSINESS

Thailand to Slap New 500 Baht Entry Arrival Tax on Tourists Effective 2014

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.
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HTC Chairwoman Cher Wang Takes Over Many Functions of CEO Peter Chou to Avert the Phonemaker’s Crash Amid 70% Loss of Market Share

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.

Australian Stock Market Report –Afternoon 10/22/13

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....

Sugar Prices Soar After Fire At Brazil Port

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.

Australian Stock Market Report – Midday 10/22/13

The ASX200 has been well supported in early trade on Tuesday. The index made successive highs in the first hour of trade. Significantly this price action was supported by solid volumes.

Heavy Smog Pollution Shuts Down China’s Harbin City, Flights Cancelled, Schools Close, Residents Scared

Harbin City, capital of China's Heilongjiang province of 11 million people, has been enveloped by a chockfull of smog so thick authorities have been forced to cancel flights and suspend classes. Residents are scared out of their wits as the smog, expected to last for at least the next 24 hours, could become recurring as the country enters the winter season.

BlackBerry Relaunches BBM for Android, iPhone

Troubled Canadian phone maker BlackBerry released on Monday the BlackBerry Messenger apps for iPhone and Android users. The release is almost a month delayed because of problems.

Uranium Market Slumbers

By Greg PeelIt's not what struggling uranium producers want to hear. The spot market has gone dead quiet.

The Overnight Report: Looking For Jobs

By Greg PeelThe Dow closed down 7 points while the S&P was flat at 1744 and the Nasdaq gained 0.2%.Bridge Street pushed to a new five-year high yesterday as traders took the lead from another solid gain on Wall Street on Friday and a near one percent Monday rise in Japan.

86% of Aussie Parents Play Video Games With Their Kids

Playing video games is one of the favourite things Australians do to while away time. The findings of the Digital Australia 2014 report commissioned by the Interactive Games & Entertainment Association released on Monday found that 70 per cent of the respondents play video games and 86 per cent of Aussie parents play it with their kids.

Australian Stock Market Report – Afternoon 10/21/13

Despite pulling away from fresh five-year highs reached earlier in the session, the All Ordinaries Index (XAO) still ended 0.5 per cent higher by the close. The miners were the biggest contributors to the gains. BHP Billiton (BHP), which is scheduled to issue its quarterly production numbers tomorrow, rose by 1.26 per cent today.

iPad vs iPhone 2013 Sales Growth: What Can Apple Expect from their iPad 5 and iPad Mini 2?

Apple will be hosting a press event on Tuesday, October 22. As reports indicate, Apple will be launching a series of products like the 2013 MacBook Pro, iPad 5 and iPad Mini. As the market waits for one of the biggest names in tech to release its products, there are concerns whether Apple can still deliver sales and reception like it used to. A look at the growth sales of iPads and iPhones can help shed sight of what lies ahead for the tech giant.

Google and Apple Tops the LinkedIn’s List of ‘Most in Demand Employers’ of 2013

Planning a career? Here is something that will help you chalk down a plan. LinkedIn, the social networking Web site for professional purposes has recently unveiled their list of “Most in Demand Employers, 2013.” The valuable listing of the top employers can help you identify the path to follow to fulfill your ambitions.

5 Things to Know About Flexible Displays on Smartphones

As the two South Korean tech giants race to get a sizeable part of the flexible phone market, it become an opportunity for phone users to learn more about new features of smartphone that were not available commercially a few years ago.

Our World Through Thomas Paine’s Eyes

I've just spent a harrowing weekend reflecting on Thomas Paine's Common Sense, the pamphlet that came out in January 1776 and turned the public toward seeking independence from Britain. I say harrowing because the distance between the ideals found in this pamphlet and those of today's America is so vast as to make it nearly unrecognisable.

Australian Stock Market Report – Midday 10/21/13

With the US political circus behind us (for now), investors are taking the opportunity to buy up, with the All Ordinaries Index (XAO) up by 0.7 per cent and cracking a five-year high in the process. The US S&P500 index (a measure of the performances of American's 500 biggest companies) cracked through an-time high on Friday.

Australian Corporate Bond Price Tables

PDF file attached.Corporate bonds offer an alternative to equity investment in providing a fixed "coupon", or interest payment, unlike equities which pay (or not) non-fixed dividend payments, and a maturity date, unlike equities which are open-ended.

2 Reasons Why the iPhone 5C Deserves to Fail

Several reports came out over the weekend of the poor sales of Apple's iPhone 5C, placing more doubts on the accuracy of the Cupertino-based tech giant's claim that it sold 9 million units of the 5S and 5C combined. Besides the dubious sales of the device, there are also reports of Apple slashing the production of the 5C and prices in the grey market dropping to almost half of recommended retail price.

A Trader's Wrap

By Chris Weston, IG MarketsIt generally pays to follow the money and respect the trend; however sometimes it can also be worth thinking like a contrarian, and getting ahead of the curve.

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