BUSINESS

The Latest Feel On China Steel

- China cautious- Steel output steady- Modest support for iron ore- No timeframe for turnaroundBy Andrew NelsonCommodities analysts at ANZ Bank recently returned from a trip to China and they say the mood there remains cautious.

Facebook to Roll Out a News Reader in June 20 Event?

A Facebook invitation to a June 20 press event has led to speculations that the most popular social networking site would roll out a news reader, possibly based on trending articles on Facebook or more of an RSS reader-style product.
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Australian Stock Market Report – Afternoon 6/14/13

After a lacklustre run this shortened trading week, the Australian market recorded its biggest daily rise of 2013. The All Ordinaries Index (XAO) jumped by a solid 1.9 per cent after two straight sessions of 0.6 per cent losses.

LG Working on Optimus G2 Not Nexus 5? Images Leaked with Released Date in Q3 2013

LG earned success with the Nexus 4 and the Optimus line of Android devices, and now the company has been speculated working on with Google. However, Google and LG didn't confirmed Nexus 5 manufacturing but it seems that the South Korean tech company is developing the upcoming Optimus G2. Is this the secret smartphone they have been hiding?

New York Unveils $20bn Plan Create Storm-Proof City

New York's mayor Michael Bloomberg has unveiled plans for the city to defend itself against future storms and dangers posed by climate change, recommending the construction of anti-flood fortifications including removable floodwalls, levees and sand-dunes in low-lying areas across the city.

In Japan: How the Authorities Are Gaming the Stock Market

Before we launch into today's episode of the Daily Reckoning, a correction from yesterday. In our table of the seven largest Japanese stocks, we incorrectly labelled the share price (in Yen) as market capitalisation. Apologies. It doesn't change the point, though. The point was that in a price-weighted index, a small handful of shares can account for the performance of the index.

Apple (AAPL) Inc's iTunes Radio Not a Threat to Pandora

With the entry of Google and Apple in the music streaming business, Wall Street analysts have predicted the end of the Internet radio pioneer, Pandora. Now that Google and Apple have respectively announced their answer to Internet radio - Google streaming music launched last month; Apple's iTunes Radio announced last Monday - market investors should keep a close look at Pandora and find it to be doing well despite the new and potential threats.

Intel Releases SSD Drives for Cloud and Hosting

Intel (INTC) unleashed their Solid-State Drive DC S3500 Series and their newest solid-state drive (SSD) for cloud computing and data centers. Intel claim their latest SSD drives can take the place of traditional hard disk drives (HDD) especially because they are designed to handle read-intensive applications.

$99 Android Tablets Coming Out in Q3 2013?

The share of Androids in the tablet market may likely grow bigger and eat away whatever share that the iPad still currently holds. The reason behind such a development is the roll out of very affordable Android tablets by the third quarter of 2013.

Australian Stock Market Report – Afternoon 6/13/13

The Australian share market touched 2013 lows today, with the All Ordinaries Index (XAO) closing at its lowest level since 28th December 2012. Because of a sharp gain on the market on the first trading day of this year (2nd January), the market remains in positive territory year to date, up 0.4 per cent. The ASX 200 Index (XJO) is up 1 per cent year to date.

Telstra Deals With New Asbestos Claims, Union Leaders Demand Investigation

Telstra's exchange buildings are the focus of new asbestos claims as union leaders are demanding for an investigation. The exchange buildings contain some of the interconnection points of the National Broadband Network (NBN). Union leaders claim the presence of asbestos is not only limited to the communication pits but also in the company's exchange buildings.

Panasonic Releases Flexible Ultrabook, AX3 Ultrabook convertible Can Do Yoga

The Ultrabook market has been booming lately, especially with the release of Intel’s Haswell processors. Makers like Sony and Asus are leading the way for more high-powered and high-performing laptops like ultrabooks. In the same way, Panasonic is betting on this industry with their latest AX3 Ultrabook.

NIB Holdings On The Waiting List

- Stock held hostage by uncertain PHI market- Broker sentiment mixed- Growth to slow near term on uncertainty- Longer term prospects strongBy Andrew NelsonAt first look, private health insurer NIB Holdings ((NHF)) is a real head-scratcher.

Apple Share Price Down 0.3% to $437.68 After Worldwide Developer’s Conference; Is CEO Tim Cook the Worm?

Is there a growing shareholder revolt against the giant tech companies? Stocks of Apple, Facebook and Samsung are on a downtrend, and company stockholders have been vocal about their displeasure over the loss of value of their shares. In the case of Apple, stock market observers noticed that each time Chief Executive Officer Tim Cook opens his mouth, the California-based tech giant's stock does down.

Everything You Believe Is Wrong

By Marc Lichtenfeld, Investment U Senior AnalystI'm reading a fascinating book called the Emperor of All Maladies by Siddhartha Mukherjee.

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