BUSINESS

The Pressure is Building in China’s Economy

Yesterday we discussed how financial conditions were becoming tighter across the globe as markets responded to US Federal Reserve Chairman Bernanke's attempts to pull back on the scale of quantitative easing. Right now, the Federal Reserve is monetising around $85 billion per month in Treasuries and mortgage backed securities.

Inside Ben Bernanke’s Doomsday Device

Those who think the world is warming up should visit Edinburgh. It is a city made of stone. Yellow stone. Brown stone. Almost black stone. Almost every building is built of stone. And the entire city sits on a rock...

Intel's Milky Way 2 is the World's Fastest Computer, New Top Supercomputer Named

Every year the industry ranks the world’s top super computers. The rankings changed again this year as a neophyte from the National University of Defense Technology grabbed the top spot. The Top500 Supercomputer Sites list updates their ranking twice a year. For this period, Intel-based Milky Way 2 takes the number one spot.
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Blog Leaks Intel's Detailed Roadmap for 2013, Company Shows Plans after Haswell and Before Haswell-E

Intel’s Corp’s detailed roadmap for 2013 was leaked through a blogsite: asder00.blogspot.it. The blog showed slides of the desktop platform roadmap of the company. The slides show that Intel is not planning on releasing a microprocessor by the name Broadwell. The slides also provide an insight on what the company intends on doing with their higher-speed chips like Haswell and other desktop platforms.

Australia Recession Can Be Avoided Says NAB Chief

National Australia Bank (NAB) Chief Executive Cameron Clyne is not intimidated by Goldman Sachs economist's statement that Australia might have a 20 per cent chance of going into recession in 2014. The NAB chief executive is confident due to the low employment rate which will serve as a buffer against recession.

Australian Stock Market Report – Midday 6/18/13

The Australian share market has reversed all of Monday's gains in the early session, as investors turn their attention to the US Federal Reserve's two day policy meeting which kicks off tonight in Washington. Market speculation over whether or not the Fed will wind back its stimulus program remains mixed.

Uranium Market Talks Turkey

- Spot price up 10c- Still below US$40- Japan may still come to the rescueBy Andrew NelsonLast week was a slow one on the uranium market, with many participants attending the World Nuclear Fuel Market conference in Turkey.

Perth Airport:, Protest Actions Continue to Build Up

More protest actions continue to build up at Perth Airport as security screeners pursue their demand for better wages. Workers are complaining that their wages are lower compared with their interstate counterparts, and are demanding for an increase of 12 percent in basic pay spread over the next three years.

Global Recovery Reality Check: Australian Recession?

- US shaky, but still ok- More sideways trends in Europe- China to pick back up, slowly- Australia may be headed towards recessionBy Andrew NelsonIn this day and age it's hard to start a discussion about the global economy and its recovery prospects without roping in the big three: the US, Euro...

Time To Go Hunting

By Peter Switzer, Switzer Super ReportAfter a trip away to Turkey and Greece, when the dollar dived and the stock market added to my hip pocket grief, there must be some investors worrying about whether we're in for another period of big sell-offs like we saw over 2011 and 2012.

Australian Stock Market Report – Afternoon 6/17/13

The Australian market had a very volatile start to the week, with stocks rallying strongly in the dying minutes of the session. Stocks slumped by as much as 1 per cent in the first hour of trade, only to steadily rise from 11am (AEST) onwards and spike in the final 30 minutes of trade. The All Ordinaries Index (XAO) closed 0.6 per cent higher.

Samsung Makes Way for the New Galaxy Tab 3 Series

Samsung Electronics Co., Ltd has been the pack leader of tech manufacturers for the past months. The release of their Samsung Galaxy S4 propelled the company to new heights – but the company is not stopping there. It just announced their new Galaxy Tab Series. The Galaxy Tab 3 8-inch and 10.1 inch is hitting stores this June.

Casualty of Technology: India Says Goodbye to Telegram Service

When the ever evolving world of technology gave birth to text messaging some 20 years ago, people from around the world rejoiced at how messages can now be immediately sent to target recipients. Unwittingly, however, it caused the death of some communications tool, such as India's telegram service.

Are You One of the Market Elites?

Before we get to the wonderful world of investing, it's important to set the scene. Make yourself a cup of hot chocolate, sit down and get ready for your blood to boil. You're about to find out how financial markets really work...

Truth or Dare Time for the Investment Industry

Since the early 1980's the financial sector has ridden an extraordinary wave of prosperity. The combination of increasing debt levels and rising share markets turbo-charged the growth in the banking and investment industries.

It’s One Big Property Boom Debate

The lesson of today's Daily Reckoning is that if you want to blow a massive asset bubble in order to make people feel wealthier, you had better do it in the real estate market and not the stock market. Liquidity driven gains in the stock market are bigger, faster, and more impressive in the short term. But they're also easy come, easy go.

Australian Stock Market Report – Midday 6/17/13

After falls of around 1 per cent this morning, a comeback from the financial sector is helping minimise the losses. The All Ordinaries Index (XAO) is down by just 0.1 per cent after recording its biggest improvement of the year on Friday. The miners are the biggest contributors to the losses however this is being balanced by gains of as much as 1.6 per cent from the banks.

Asus Transformer Infinity Pad, Sony Vaio Duo, Toshiba Satellite, A Look at Intel's Haswell 4th Generation Ultrabooks and Notebooks [Photos]

Haswell microprocessor delivered what it promised consumers – Intel was successful in every sense of it. The chip made every Ultrabook and computing device battery efficient while maintaining high performance. The microprocessor offered a very powerful and reliable core for laptops, desktops and even serves. Intel took high performance computing to a whole new level.

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