BUSINESS

The uptrend holds for a 13th week. All previous resistance levels have been broken and the market looks for the next direction.

With a dismal start for the Apple iPhone new releases, the word around town is that CEO Tim Cook and his fellow lieutenants at Cupertino have merely tried to resell what’s already out there – the iPhone 5. To put it in another way, there’s nothing new there.

While you might be completely satisfied with your iPhone 5 or iPhone 4, 4S for that matter, there is still some covetousness around the buzz created by Apple’s (APPL) new iPhone releases, iPhone 5S, and iPhone 5C. And it’s purely psychological – not your fault. Advertising has a strange way of creating an overwhelming impact on consumers.

The modest losses were maintained for the duration of the session, with the All Ordinaries Index (XAO) easing by just 0.4 per cent by the close. The miners were the worst performers, with the sector slumping by 1.2 per cent.

After five consecutive up days, the local sharemarket is giving back some of its improvements. The All Ordinaries Index (XAO) is down 0.4 per cent; however still is still 1.39 per cent firmer over the course of the week. Local stocks are also hovering around five year highs.

Apple Inc. (NASDAQ:AAPL) stock is at its lowest, almost on a bargain deal

Microsoft New Zealand leads TechEd event, the largest technology conference in New Zealand held in Auckland. Paul Muckleston, Microsoft NZ managing director, said the event has 2,500 delegates in attendance. Meanwhile, Microsoft New Zealand has announced it will give charities in New Zealand free software. In the TechEd event, Mr Muckleston revealed that almost 27,000 eligible charities in New Zealand will be given Microsoft Office 365 software as part of the company's Office 365 for Nonpro...

Collaborative efforts to control and manage the escalating global warming and resulting climate change have unfortunately been found being undermined by the continued carbon emissions of 50 of the world's biggest-emitting companies.

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.

Mark Zuckerberg articulated sharp criticism on the U.S. government on Wednesday.

Australia logged a 5.8 per cent unemployment rate in August, up from 5.7 per cent in June and a four-year high record.

The Indonesian government approved on Wednesday a plan to purchase 1 million hectares of farmland in Australia to solve the country's beef supply problem.

By Greg PeelThe Dow closed down 25 points or 0.2% while the S&P lost 0.3% to 1683 and the Nasdaq dropped 0.

The ‘Mize-Well Factor’ in the US Economy

It is well known that China's credit boom created Australia's iron ore/coal boom, which created the terms of trade boom, mining boom and the national income boom.

You'll never guess the lead story on Bloomberg this morning. 'Australia Gold Coast Homes at 50% Below 2010 Lure Buyers'. A snazzy photo of the Gold Coast as seen from the Q1 Observation Deck featured.

If you were wondering about the source of China's latest economic 'recovery', wonder no more. Yesterday, we got news that China's incredible credit creating apparatus is back on track.

Even if you have an older version of the iPhone, you can still enjoy Apple's new iOS, the iOS7 and your iPhone experience will still be brand new. The iOS7 debuts on September 18.. However, it may not work with the iPhone 3G version. If you have an iPhone 4 or higher models, the iOS7 with its full features is expected to be a lot of fun, say analysts.

The All Ordinaries Index (XAO) edged higher by 0.2 per cent; pulling back from the 5250pt level flirted with earlier in the session. This makes it not only five straight days of gains but also the best winning streak for Australian shares in two months.

With the much anticipated release of the new iPhones, the Phone 5S and the iPhone 5C, Apple (APPL) Inc has removed their predecessor iPhone 5 from its official Web site. The reason is not clear, but it could be a bunch of things. Further, this is not the first time Apple has followed this strategy.

As the cloud of political uncertainty lifted in Australia, global investment fund Abu Dhabi Investment Authority (ADIA) provided a fillip to the country’s hotel industry. ADIA bought Australia's largest hotel owner, Tourism Asset Holdings, for a record-breaking $800 million. The deal gives hope for M&A activity and foreign investments picking up, in the country.

Apple had confirmed the iOS 7 release date on Sept 18

Following Apple's big event when it released the iPhone 5S, and iPhone 5C, here's what the tech community, analysts and other business consultants in the industry had to say about the Cupertino-California company's new products.

Apple iPhone 5S and iPhone 5C price and features comparison for the fickle minded Aussie

The Australian share market is trading flat at lunchtime on Thursday, after testing five year highs during Wednesday's trade.

Talking heads explained the bullish move on upbeat data from China's economy and the prospect of a 'delay' in the escalating conflict in Syria. When the market gets excited about a delay to a potentially very messy conflict, you know the speculative juices are still flowing.

The 2011 National Household Survey of Canada shows Quebecers to be among the poorest in the country

By Jonathan BarrattAs we have mentioned at the beginning of the report, if the Syrians agree to the initiative offered by the Russians then any oil premium associated with the conflict should erode.

The Rinehart family feud that many Australians are following for its juicy details about the conflict involving the country's richest clan whenever there are court hearings, may soon be a close-door affair, if matriarch Gina Rinehart would have her way.