On the eve of Independence Day celebrations in the U.S., Motorola attempted to appeal to the patriotic spirit of Americans by coming out with ads in major dailies hyping the fact that the smartphones made by the tech firm are made in the U.S.
Vittorio Hernandez Jul 04, 2013
By Greg PeelThe Dow closed up 56 points, or 0.4%, but the S&P closed flat at 1615 and the Nasdaq added 0.
Admin System Jul 04, 2013
Local stocks saw their best gains in 19 months on Tuesday. That improvement was a distant memory on Wednesday with the index handing back the lion's share of yesterday's gains. It would be convenient to invoke weaker economic news locally and selling for regional markets as some of the factors informing todays selling, although the case would struggle to hold water on that basis alone. What is clear is that the neck wrenching volatility that has characterised recent days has left investors...
Vittorio Hernandez Jul 03, 2013
Intel's (INTC) Haswell chips have changed the standards for portable computing. They offered incredible improvements, especially in speed and battery efficiency of laptops. The processors doubled their peak floating point throughout but Intel has a knack for bringing for surprising the industry. Their latest Skylake offering is a monster than will blow up standards once more.
Precious Silva Jul 03, 2013
Sony is getting serious with its mobile offerings giving the likes of Samsung and Apple a run for their money. Consumer reports from the UK indicate the Sony’s position in the market is improving, and Samsung is paying for that cost.
Precious Silva Jul 03, 2013
Retail Shares were down in early trading on Wednesday after reports confirmed a lacklustre 0.1 per cent growth in the sector. In another report indicating the strength of the economy, sales of new homes were up 1.6 percent in May adding to a cumulative increase in the last four months.
Jacob Cherian Jul 03, 2013
The Australian dollar weakens further despite rallying slightly after the nation has posted a fourth consecutive month of trade surplus. On Wednesday, the Australian dollar traded at 91.62 U.S. cents, lower than Tuesday's exchange rate of 91.83 cents. Official data indicates Australia's trade balance last May maintained its positive streak for four months in a row with a surplus worth $670 million.
Reissa Su Jul 03, 2013
In early Wednesday trading, Australian shares have suffered losses after the decline of Aussie currency. That combined with a decline in commodity prices has had a negative impact on shares linked to resources. Other global indexes also point to the red.
Jacob Cherian Jul 03, 2013
Japan has rejected Australia's position on whaling, calling it "mistaken." The Asian country told the International Court of Justice in The Hague that "alarmist" Australia is blinded by its "no-compromise, zero-tolerance" anti-whaling views, which it wants to impose on other nations.
Anne Lu Jul 03, 2013
Tiger Airways was renamed to Tigerair, signaling a beginning of new era for the budget carrier
Athena Yenko Jul 03, 2013
The Australian market continues on its bumpy ride this week, with investors not keen to back up yesterday's stellar rise. The All Ordinaries Index (XAO) is down 1.8 per cent, with all sectors trading in the red. Despite the big falls, keep in mind that Tuesday was the best day for local shares since October 2011. The miners were the standout performers yesterday, but are slumping most at lunch. Last night, most markets eased despite FOMC President Dudley reaffirming his previous comments that...
Vittorio Hernandez Jul 03, 2013
The Housing Industry Association (HIA) is disappointed with Reserve Bank of Australia's decision to keep interest rates steady for at least another month. The RBA has recently announced on Tuesday that it can possibly keep cash rates for another month as a weak Australian dollar reduces the need to cut rates.
Reissa Su Jul 03, 2013
Emerging news reports say that Chinese authorities have begun an investigation into price fixing deals by manufacturers of imported baby formula.
Jacob Cherian Jul 03, 2013
Microsoft is working on a revolutionary smartphone that is not about speed and better HD display rather; it is focusing on a mobile device that can tell a person’s mood. The smartphone technology not only senses individual moods, but it can also automatically share it over different social networking sites.
Precious Silva Jul 03, 2013
Apple Inc has been accused of tax avoidance in the U.S. and other countries and this time, alleged reports have surfaced regarding the company's non-payment of UK taxes during the 2012 fiscal year. According to reports, Apple even had tax credit which can be used in the coming years.
Reissa Su Jul 03, 2013
Smartphones running on the Firefox OS are now on sale. Here's a quick assessment of what these phones can do.
Lawrence Andrew Fernandez Jul 03, 2013
The Australian Dollar has remained reasonably steady overnight following some more US Dollar strength for a variety of reasons.
Vittorio Hernandez Jul 03, 2013
Once more choppy trade is defining the start of the new financial year.The US and Europe both suffered from low volume trading and sporadic price action last night, as both sides of the Atlantic slip into the red for the first time this week.
Vittorio Hernandez Jul 03, 2013
In US economic news, factory orders rose by 2.1pct in May following a 1.3pct gain in April. The US economic news flow remains pretty decent.
Vittorio Hernandez Jul 03, 2013
By Greg PeelThe Dow closed down 42 points, or 0.3%, while the S&P fell less than a point to 1614 and the Nasdaq fell one point.
Admin System Jul 03, 2013
Strong turnaround as RBA leaves rates at historic lows. The Australian share market has made a solid turnaround today, spurred by positive offshore gains and the Reserve Bank of Australia's decision to leave interest rates on hold at 2.75 per cent.
Vittorio Hernandez Jul 02, 2013
Screenshots of an alleged Asus Live Chat support emerged online, hinting the upcoming Nexus 7 2 which will be launched by the end of July 2013. An Asus employee leaked information regarding some technical specifications of the Android tablet.
Ryan Inoyori Jul 02, 2013
After a dismal start to the new financial year, the Australian share market is rebounding today on the back of positive offshore moves and ahead of the RBA's rate announcement this afternoon.
Vittorio Hernandez Jul 02, 2013
The Ford Focus has been one of the best small cars to drive ever since it reached Australian shores in 2002.
Jamelle Agbuis Jul 02, 2013
This week, Croatia officially joins the European Union while the North Korean nuclear and missile threat is the subject of an ASEAN security forum.
Jamelle Agbuis Jul 02, 2013
Volvo's new Animal Detection safety system won't be able to help drivers avoid hitting kangaroos when it first launches within three years, but the Swedish manufacturer says future iterations will be tested in Australia to achieve that goal.
Jamelle Agbuis Jul 02, 2013
BMW has announced it will reveal the long-awaited BMW i3 on July 29.
Jamelle Agbuis Jul 02, 2013
BMW has revealed patent sketches of its new i3 model this week, originally publicised by French Automotive magazine L'Automobile.
Jamelle Agbuis Jul 02, 2013
A new meme is spreading in financial markets: The US Federal Reserve is about to turn off the monetary spigot. US Printmaster General Ben Bernanke announced that he might start reducing the monthly debt monetisation program called 'quantitative easing' (QE) as early as autumn 2013, and maybe stop it entirely by the middle of next year.
Jamelle Agbuis Jul 02, 2013
In his speech on May 22nd, Chairman Bernanke did the equivalent of playing an ace, standing up and turning around. He gave you a massive hint at one of his rules. But what does that hint mean?
Jamelle Agbuis Jul 02, 2013