BUSINESS

World Youth Day 2013: Pope Francis Dumps Bulletproof Popemobile for Rio Trip

Pope Francis, who had earned a reputation for keeping his security detail on their toes whenever he goes out of the expected cordon sanitaire during events in Vatican, will be doing the same for his first international trip. On Wednesday, the Vatican announced this year's newly-installed spiritual leader of the Roman Catholic church had just dumped the idea of riding the ever famous bulletproof popemobile for his Rio de Janeiro, Brazil trip in observance of the World Youth Day 2013 festivitie...
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There Are Now 591 Million Internet Users in China

Although China's Internet penetration rate was 42 per cent as of last count, the South Asian giant continues to hold on to the number one post in terms of users. A report from China Internet Network Information Centre (CNNIC) released on Wednesday said the penetration rate went up by 2 per cent to 44 per cent as number of users rose to 591 million.

Metal Amazon Kindle Fire Coming Out in August?

The Amazon Kindle Fire is one of the tablets that reportedly will have a next-generation model, which is why tech experts recommend for people who are on tighter budget and want to take advantage of price cuts on 2012 models to consider this gadget.

Australian Stock Market Report – Afternoon 7/17/13

The pattern of trade seen this morning continued over the remainder of the day as investors turned over the possibilities to emerge from Fed Chairman Bernanke's semi-annual testimony to the US Congress later tonight local time.

Sony Xperia Z Ultra vs Asus Fonepad: Which is the Better Phablet?

The market previously only offered a limited number of tablet-sized smartphones. Gone are those days as companies like Asus and Sony reveal their plans about releasing phablets some time soon. Specifically, Sony will introduce Xperia Z Ultra whereas Asus will release the Fonepad Note FHD 6.

Australian Stock Market Report – Midday 7/17/13

Regional markets have started Wednesday's session in cautious fashion as investors wait for US Federal Reserve Chairman Bernanke's semi-annual testimony to the US Congress. The Bernanke testimony is split into 2 parts: Prepared remarks are released at 10:30pm AEST; and the committee hearing, which includes the Q & A session commences at midnight AEST. The prepared remarks will likely reflect the views of the FOMC as a group. To this end Mr Bernanke is likely to reiterate the perspective th...

Steve Jobs Biopic Released on Instagram (VIDEO)

Steve Jobs was a genius and the brain behind many breakthrough technologies, thus it's no surprise that the trailer of his biopic 'Jobs' is the world's first Instagram trailer. The 15-second trailer has scenes of Ashton Kutcher, who is playing the role of Steve Jobs, and Josh Gad as Steve Wozniak, the co-founder of Apple.

Australian Stock Market Report – Afternoon 7/16/13

It was another quiet day for the Australian market, with only a 3pt rise for the All Ordinaries index (XAO). On a positive note, equities managed to rise for the sixth session, making it the longest winning streak since mid-January for local shares. Since the start of the year, the XAO is up 6.5 per cent while the US Dow is 18 per cent stronger and the stimulus fuelled Nikkei 39.5 per cent higher.

Samsung Mega 6.3 leak details

Samsung is popular for releasing several variants of any smartphone offering they have. From the looks it, the company will continue to uphold this tradition. A recent leak indicates that the Korean tech giant is working on dual-SIM version of the Galaxy Mega 6.3.

Apple Ditches Samsung, Company is Starting to Assemble for iPad 5 and iPad 2 Mini

Apple and Samsung relationship has been on the news for quite some time. Both companies claim the other violated legal provisions. As the tension continue to intensify, Apple started sourcing out to other parties for the components of their upcoming iPad mini 2 and iPad 5. Can Apple really ditch Samsung and produce their upcoming mobile devices successfully?

China's Economy Declines; Demand for Aussie Resources to Slow Down

According to data on the Chinese economy, growth in the second quarter declined to 7.5% from 7.7% in the quarter leading up to March. China is one of Australia's biggest importers of natural resources. Analysts say that demand for Australian resources is still high in China and is unlikely to fall.

Australian Stock Market Report – Midday 7/16/13

US stocks closed higher again, another record high for the Dow Jones and the Broader S&P 500 indices. Good numbers from Citi group helped send not only the US indices but also the UK banking sector overnight. Boeing shares higher after Friday's slump. The US building sector was held back yet again - as investors start to look at the rising 30 year mortgage rates in the states and weight up the chances of a pullback in home lending rates.

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