BUSINESS

The Tentacles of the US Economy

The 2013 Financial Year could best be summarised by Charles Dickens' immortal opening line in A Tale of Two Cities: 'It was the best of times, it was the worst of times.'

Banks, As Safe As Houses

By Peter Switzer, Switzer Super ReportTuesday afternoon I bit the bullet and bought bank shares and gave myself a pat on the back across Wednesday and Thursday when the stock market went up 3.
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Xperia Z Ultra Puts Samsung Galaxy Note 2 to Shame, Top 5 Reasons Why Xperia Wins

From the time Samsung Galaxy Note hit stores, it has set the standards for smartphones and phablets alike. But the market is always full of surprises and some contenders are rising up to the challenge. With the pending release of the Samsung Galaxy Note 3, tech giants like Sony are stepping up. The Sony Xperia Z Ultra can put the Note 2 to shame according to announced specs.
Precious Silva Jul 02, 2013

Tablet Face Off: Apple’s iPad 4 vs Google Nexus 10, which is the best Tablet?

Apple’s iPad 4 and the Google Nexus 10 have been leading the pack for tablets in the market. Despite the strong competition, these two managed to carve a niche on their one. But which tablet better suits a consumer? Looking at the pros and cons of both should help decide which tablet is apt for whom.
Precious Silva Jul 02, 2013

Japan Economy Bounces Back After Two Years

After the economic repercussions brought by the Fukushima and Miyagi earthquakes, the Japanese economy had its first positive outlook in two years.
Lawrence Andrew Fernandez Jul 02, 2013

Intel's CTO Steps Down, New CEO Focuses on Wearable Device Chip

Intel's chief technology officer Justin Rattner has stepped down from his post because of his age. The company forbids any employer to be beyond 65 working still. Rattner will be on extended leave. Intel did not provide details about his return and to what his return will account for.
Precious Silva Jul 02, 2013

Nokia Acquires Siemens Network Operations

Nokia has raised up its stake at the mobile broadband industry as it purchased the remaining stake of Siemens in their joint partnership for 1.7 billion euros.
Lawrence Andrew Fernandez Jul 02, 2013

Australian Stock Market Report – Afternoon 7/1/13

Sellers returned from the weekend a little bolder. The result was that the market was in steady decline for much of the day. The main catalyst for the selling was the weaker manufacturing data out of China. This data point served to remind investors of the weight of economic news which will be released both locally and elsewhere over coming days, culminating with the US Jobs report on Friday evening local time. Investors will continue to calibrate their expectations of the Fed's retreat from ...
Vittorio Hernandez Jul 01, 2013

Google (GOOG) Kills Reader Focuses on RSS, Feedly, Flipboard Rank Among Top 5 Alternatives

Google (GOOG) decided to turn off their Google Reader for good. The product previously helped people go through feeds from multiple sites in a snap. Reader compiles RSS feeds and delivers them according to the preferences of the users. Apparently, Google thought their Reader “was not good enough” and decided to kill the application once and for all.
Precious Silva Jul 01, 2013

Australian Stock Market Report – Midday 7/1/13

Investors seem to be kicking off the financial year with a sour taste in their mouths. The All Ordinaries Index (XAO) is down by 1.6 per cent at lunch. The banks are the biggest culprits when it comes to the losses, with the big four down by as much as 2.9 per cent.
Vittorio Hernandez Jul 01, 2013

Bearish Tone For Aussie Dollar

Off The Forex Desk from PhillipCapitalEconomic News & ReleasesUS markets closed the Financial year on a negative tone with the Dow falling 115 points or 0.
Admin System Jul 01, 2013

The Best Way to Invest in a Volatile Market

'U.S. stocks rose, sending the Standard & Poor's 500 Index (SPX) higher for a second day, as China's cash crunch eased and slower-than-forecast economic growth fueled speculation the Federal Reserve will maintain stimulus.' - Bloomberg News
Jamelle Agbuis Jul 01, 2013

How the Power of Tweets Saved Tesla Motors

How quickly it all turns from gloom and doom to rainbows and bunny-rabbits. Well it's not quite that rosy, but the last couple of days have been a little more positive in markets. That makes us happy, and if you're a politician, you'll likely attribute it to something you think you've done well.
Jamelle Agbuis Jul 01, 2013

China To Prioritise Reform Over Growth

Speaking at a financial forum in Shanghai, head of the People's Bank of China Zhou Xiaochuan said investors can no longer depend on cheap cash to fund riskier operations, cautioning that the central bank will conduct pre-emptive adjustments to liquidity in the banking system to keep financial markets stable.
Jamelle Agbuis Jul 01, 2013

Gold Price Dips Anew to a 3-Year Low of $1,180 an Ounce

The yellow metal continued its downward trend after the spot price of bullion hit a three-year low over the weekend to $1,180 an ounce. Since January 2013, gold price has retreated 29.5 per cent while the FTSE Gold Mines index of gold equities has declined 52 per cent.
Vittorio Hernandez Jul 01, 2013

Ultrabooks Reach another Milestone with Asus Taichi

A few years can make a different especially in computers. Intel’s latest line of Haswell processors changed the way laptops and similar devices work. These processors made it possible to work with lighter and thinner computing devices – they can also last for more than half the day. Heralding a new era of technology, ultrabooks are now the standard for computers. Tech giants like Samsung and Asus are boosting their line to satisfy this increasing demand.
Precious Silva Jun 29, 2013

Intel Now Works with Brains, Company Focuses on Brain Research for Safe Roads

Intel is not just working on new chips to surprise both the computer and mobile phone industry – it is also investing on research for road safety. Recently, researchers from Intel are now focusing their attention on how drivers think. The company aims to gain more understanding on how drivers behave on the road and what can make roads safer.
Precious Silva Jun 28, 2013

Acer is Changing the Standards for Touch-Type Duality, Heralding a New Era

Acer India has unleashed a series of Windows 8 devices all boasting of touch-enabled features. These devices have a slim design and offer dual functionalities for excellent computing experience. The launch of these tablet and touch plus notebook computers herald a new era of computing devices and experience.
Precious Silva Jun 28, 2013

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