BUSINESS

Australian Stock Market Report – Midday 7/8/13

Australian shares kicked off the week in the red, only to rise by around 0.3 per cent in early trade, trade flat at one point and then shoot lower by lunch. The All Ordinaries Index (XAO) is now down by 0.8 per cent, after a 1 per cent improvement recorded over the previous week.
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Dell: Tablets Are Not That Great, Wearable Tech is Much Better

Sales for Dell’s computers are sliding and the company is looking into wearable devices to boost earnings. It was not a secret that Dell is struggling with their computer offerings. In order to save their sales and improve company position, the computer maker is refocusing their investments on wearable technology.
Precious Silva Jul 08, 2013

Australian Stocks: What Happened Today?

By Stephen Hogan, Senior Private Client Adviser, Equities/DerivativesAustralian MarketThe Australian market (XJO) closed down -32.
Admin System Jul 08, 2013

Don't Panic, Asia Grinding Ahead

- Chinese PMIs weaker- Trend steady nevertheless- Asia still the growth driverBy Greg PeelIn last month's round of manufacturing purchasing managers' index (PMI) data, China's result fell slightly to 50.
Admin System Jul 08, 2013

Late July Release Date for the $600 Nokia Lumia EOS in AT&T?

Speculations said that the Nokia Lumia EOS will be in Microsoft Stores by July 22, which means it will be available on store shelves by the later part of the month. A screenshot of a Microsoft Store inventory showed a Nokia device called the 1020 said to be an AT&T exclusive.
Vittorio Hernandez Jul 08, 2013

Australian Stock Market Report – Midday 7/5/13

One of the more volatile weeks in recent memory is coming to a close and investors are helping push the market higher. The All Ordinaries Index (XAO) is up 0.9 per cent. The dollar value of shares changing hands is remaining a little light though, due to the closure of US markets last night (Independence Day holiday).
Vittorio Hernandez Jul 05, 2013

China’s Cash Crunch Eases But Officials Lower Economic Expectations

China markets stabilised on Monday as policymakers offered reassurance that there is ample liquidity in the financial system, bringing to a close June's record credit squeeze which raised fears that China's years of relying on debt to finance massive projects are coming to an end.
Jamelle Agbuis Jul 05, 2013

Top Five Reasons Why Google Reader Deserved Its Untimely Death

Google has killed their Reader officially. The application previously provided people a way to access their RSS feeds. While RSS feeds has become an important part of people’s lives especially those demanding news and information from different portals, Google decided that Google Reader is no longer worth keeping. Here is a list of the ten reasons why the company has done a great job doing so.
Precious Silva Jul 05, 2013

Kira Ultrabook, Toshiba's High-End Bet Vs Sony Vaio Pro, Lenovo ThinkPad

Toshiba is not playing safe when it comes to their line of computing products. While some companies are looking into capitalizing on mid-range products, Toshiba has sets its sights on a high end offering. The company recently unveiled their line of ultrabooks called Kira.
Precious Silva Jul 05, 2013

Brent-West Texas Spread to Reverse?

By Andrew NelsonBack in 2010, the traditional price gap of West Texas Intermediate crude over Brent Crude closed from around US$2 as Canadian oil started to arrive at the WTI Cushing storage facility.
Admin System Jul 05, 2013

Japan’s Kanebo Cosmetics Recalls Products in Asia Due to Skin Damage Complaints

Kanebo, the Japanese cosmetics manufacturer, confirmed on Thursday that they will recollect the skin whitening products from different countries in Asia after receiving complaints about skin damages such as white patches and uneven colouring. The company believes that their exclusively developed 4HPB substance causes the damage to the user’s skin.
Jenalyn Villamarin Jul 05, 2013

Your Editor On Twitter

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.
Admin System Jul 05, 2013

US Calls For Stronger Economic Ties With Africa

Speaking at the last leg of his weeklong Africa tour, U.S. President Barack Obama on Monday called for stronger and more effective economic partnerships with Africa, one that would help sustain the region's fast growing economic growth while extending the benefits to as many people as possible.
Jamelle Agbuis Jul 04, 2013

Brazil house prices continue to rise, albeit at a slower pace

Brazil remains one of the world's strongest housing markets, though house price increases are decelerating sharply. Brazil's composite FIPEZAP house price index rose by 11.9% (5.1% inflation-adjusted) during the year to end-May 2013, lower than the year-on-year increase of 19.9% seen over the same period last year.
Christine Gaylican Jul 04, 2013

Woolworths’ New Woolloomooloo Store Reduces Steep Car Park Rates

Shoppers at Woolworths' newest supermarket in Woolloomooloo, Sydney don't have to rush when doing their grocery anymore. The retail giant has dramatically cut their exorbitant parking rates after customers complained that the $65 fee was too much.
Anne Lu Jul 04, 2013

Australian Dollar Outlook –7/4/13

The Australian Dollar is slightly weaker following comments by RBA Governor Stevens made in yesterday's Asian time zone.
Vittorio Hernandez Jul 04, 2013

2 More Die in Saudi Arabia Due to SARS-Like MERS CoV, Death Toll Now at 36

Two more people have died from the dreaded SARS-like Middle East Respiratory Syndrome Coronavirus (MERS-CoV) in the oil-rich nation Saudi Arabia, according to the country's health ministry on Wednesday. The latest deaths now bring to 36 so far the casualties from the fatal disease in the kingdom.
Esther Tanquintic-Misa Jul 04, 2013

Apple (AAPL) iPad, Blackberry Playbook, Google Nexus, Microsoft Surface Competes for M2M Supremacy, Which Tablet Will Win and Open More Opportunities?

Apple, Microsoft, Samsung and Blackberry are battling it out for M2M supremacy. Handling business and personal data has become important for people, and increasing mobility and convenience of computing device are helping individuals do so. Analysts predict that the era of personal computers is almost over and more compact devices like ultrabooks and tablets will take centre stage.
Precious Silva Jul 04, 2013

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