In US economic news, non-farm payrolls rose by 113,000 in January, short of forecasts for a gain of 185,000. But private payrolls rose by 142,000 and the unemployment rate fell to a five-year low of 6.6%. Average earnings rose by 0.2% as expected. Consumer credit rose by US$18.76 billion in December, above forecasts for a gain of US$12 billion.
Vittorio Hernandez
Feb 10, 2014
Apple Inc.'s CEO Tim Cook has revealed Apple will introduce products in new categories in an interview with the Wall Street Journal. Like in any interview, he avoided getting into the specifics but only hinted that Apple is working on "really great stuff."
Reissa Su
Feb 07, 2014
The Australian share market rallied for a second session today, adding 0.7 per cent by close after a better than expected jobless claims report released in the US overnight.
Vittorio Hernandez
Feb 07, 2014
The World Meteorological Organisation (WMO), the UN's weather agency, has confirmed that the year 2013 had indeed been the world's sixth hottest year since record keeping began in 1850.
Esther Tanquintic-Misa
Feb 07, 2014
Apple removes Bitcoin programme Blockchain from App Store, while Malwarebytes accepts Bitcoin as virtual currency.
Athena Yenko
Feb 07, 2014
A small telecommunications company in New Zealand is now accepting Bitcoin as an alternative mode of payment. Auckland-based 2Talk announced it will be the first company in the local telecommunications industry to allow the digital currency as payment.
Reissa Su
Feb 07, 2014
Authorities from the U.S. House Homeland Security Committee has warned all international airlines to take necessary precautions, following reports that terrorist groups have concocted explosives disguised as toothpaste bombs on flights bound for Russia.
Esther Tanquintic-Misa
Feb 07, 2014
In his paper titled, "2014 Innovative Displays and Display technologies, Smartphones, Tablets, TVs and Wearable Displays," Dr. Raymond Soneira has warned Apple may suffer the risk of falling behind Samsung and Amazon in display technologies.
Athena Yenko
Feb 07, 2014
Apple Inc. (NASDAQ AAPL) is still a good buy even if it reaches $700
Athena Yenko
Feb 07, 2014
A report issued on Thursday by Canada's budget watchdog has shown that the government and taxpayers have spent paying $871 million to sickly public servants in 2011-2012. The Public Service Alliance (PSAC) of Canada, meantime, said it will thwart attempts to cut full-time workers' allowable paid sick leaves of 15 days a year.
Esther Tanquintic-Misa
Feb 07, 2014
After a volatile start to the week markets have found something resembling equilibrium as the week draws to a close. In the face of what has at times been a challenging week, one of the consolations has been the consolidation of the ASX 200 around the 5100 level. On Friday morning investors have been content to take the market higher, albeit in unspectacular fashion.
Vittorio Hernandez
Feb 07, 2014
Immigrants to Canada seeking to make the country their second home have to spend more time and should master one official language before becoming legitimate Canadian citizens, based on a set of new stricter rules proposed by Immigration Minister Chris Alexander on Thursday.
Esther Tanquintic-Misa
Feb 07, 2014
A week after Delta Airlines has launched its 1980s-themed inflight safety video, Air New Zealand announced a new similar material that will surely send temperatures inside its cabins soaring with the wind.
Esther Tanquintic-Misa
Feb 07, 2014
Sony has decided to shut down its PC products as it is expected to slash 5,000 jobs.
Sounak Mukhopadhyay
Feb 07, 2014
The Dow and S&P saw a strong bounce overnight, which started from the opening bell and carried through to the close, registering their strongest gain for the year.
Vittorio Hernandez
Feb 07, 2014
In US economic news, the trade deficit widened by 12% to $38.7 billion in December. The deterioration was driven by a 1.8% drop in exports - the biggest decline in over a year. Imports lifted by 0.3%. Jobless claims fell by 20,000 to 331,000 last week. US productivity rose at a 3.2% pace in the December quarter after an even brisker 3.6% pace in the September quarter.
Vittorio Hernandez
Feb 07, 2014
Because lowering the threshold from the current $1,000 for online purchases made by Australians would only cost more than the federal government would earn, the consumer action group CHOICE proposed a flat tax rate of $14 on parcels.
Vittorio Hernandez
Feb 07, 2014
Three hundred Ford workers in Victoria will become jobless beginning in May and run through the end of the year when the automaker axes their posts through redundancies due to declining demand for vehicles. The soon-to-be affected workers are deployed at the Geelong and Breadmeadow manufacturing facilities.
Vittorio Hernandez
Feb 07, 2014
Are your friends’ Facebook or Twitter profile picture suddenly turning purple? It is not yet another craze that has hit the web; they are doing it for a good cause.
Jaskiran Kaur
Feb 06, 2014
After spending most of the week in the red, the Australian share market rebounded today, lifting by 1.2 per cent and reducing the weekly loss so far to 1.1 per cent.
Vittorio Hernandez
Feb 06, 2014
Waves as high as 60 feet that lashed along Britain's shorelines have washed out portions of a 150-year old railway line into the sea. Residents have been advised to brace for more rains and potential flooding into the weekend.
Esther Tanquintic-Misa
Feb 06, 2014
A new deadly new bird flu strain H10N8 has been discovered in China. At least one has died from the brand-new bird flu strain.
Esther Tanquintic-Misa
Feb 06, 2014
The Australian share market is showing some signs of strength and a rebound after a tough week for investors. US markets were modestly lower overnight, while at lunchtime in the East the ASX is higher by 0.7 per cent.
Vittorio Hernandez
Feb 06, 2014
Kalgoorie Super Pit extends mining to 2029, the company announces
Athena Yenko
Feb 06, 2014
Kiwis once again are saying their stern no to the Ozs.
Athena Yenko
Feb 06, 2014
Singapore's competition watchdog has sought the public to comment on its Web site on the planned alliance between Singapore Airlines Ltd (SIA) and Air New Zealand Ltd (Air NZ).
Esther Tanquintic-Misa
Feb 06, 2014
Google has just announced the launch of the ultraportable HP Chromebook 11 in Australia.
Athena Yenko
Feb 06, 2014
Indifferent data overnight has done little to quell the divided talk from the Fed about the way it is likely to deal with monetary stimulus over the coming year.
Vittorio Hernandez
Feb 06, 2014
In US economic news, the ISM non-manufacturing index rose by 1 point to 54.0 in January, slightly ahead of expectations. The employment sub-index lifted to 56.4 - a new high since November 2010, and suggested healthy jobs growth in the services sector.
Vittorio Hernandez
Feb 06, 2014
Australian Federal Court judge Michelle Gordon favoured on Wednesday bank customers who lodged a class action lawsuit against ANZ over excessive charges on late payment fees for credit cards.
Vittorio Hernandez
Feb 06, 2014
