BUSINESS

Asia Leading Spike in Global Arms Trade

Massive defence spending in the Asia-Pacific region is driving an "explosion" in the global arms trade, and Asian military budgets are likely to eclipse the United States' by 2021, a study by respected analysts IHS Jane's showed on Tuesday.

Australian Stock Market Report – Midday 6/28/13

Investors and traders aren't overly motivated to buy or offload equities on the final trading session of this financial year. The All Ordinaries Index (XAO) is up just 0.1 per cent. On a positive note, we've just had the best two run of 2013, with the XAO up 3.2 per cent on Wednesday and Thursday combined.
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Australian Stock Market Report – Afternoon 6/27/13

After a tough start to June, investors are a little more upbeat heading into the end of the financial year. Today marked the second consecutive session of 1.6 per cent gains, with the Australian dollar also rising over the past 24 hours. Investors and traders weren't interested in Australian politics today and took their lead from offshore.
Vittorio Hernandez Jun 27, 2013

Australia’s Export Income to Go Down $16B in 2013

The Bureau of Resources and Energy Economics estimated that the value of Australia's mining and energy exports in 2013 would decrease by $16 billion even if the volume is bigger and currency is easing.
Vittorio Hernandez Jun 27, 2013

Australian Stock Market Report – Midday 6/27/13

Australian stocks are enjoying a second session of gains, but it's not the events which transpired in Canberra overnight driving sentiment higher, rather the calm that has been brought to markets by the China Central Bank and a strong rally on Wall Street overnight.
Vittorio Hernandez Jun 27, 2013

After Floods, India Fears Pandemic Due to Decaying Corpses, Health At Risk

People are starting to fear for their health in India as corpses begin to decay and contaminate water sources following the devastating floods which is now two weeks old. Some of the victims have reported suffering from diarrhea. Officials fear an outbreak of pandemic diseases such as cholera and dysentery could erupt anytime.
Esther Tanquintic-Misa Jun 27, 2013

Sharp Comes up with the World's First THX-Certified Ultra HDTV, Intel Corp Taking Advantage of TV Pay Service

Sharp is bringing Ultra HDTV at a more affordable value. The company just unveiled their 70-inch THX-Certified Ultra HDTV. The HDTV starts at $8,000 – it may seem much for a television but this is actually just a fraction of what has been quoted for a futuristic TV as such. The new THX Ultra HDTV from Sharp delivers four times more resolution than the average garden-variety HDTV.
Precious Silva Jun 27, 2013

Gold Price Plummets to 3-Year Low of $1,223.54 per Ounce

Gold continued to lose its sheen as a safe haven as its price further plummeted to $1,223.54 an ounce on Wednesday, its lowest since August 2010. By 3:08 p.m. at New York, gold settled at $1,225.91, down by 4 per cent.
Vittorio Hernandez Jun 27, 2013

BRW Survey: Optiver is the Best Place to Work in Australia

BRW Magazine named on Wednesday financial services company Optiver as the best place to work in Australia. The list of the top 50 companies considered the best places to be employed was after a survey of 179 workplaces across the nation and feedback from more than 25,000 employees.
Vittorio Hernandez Jun 27, 2013

The Fallout From Shibor: An Even Slower China?

- PBoC calms China's money market- De facto tightening nevertheless a result- Further pressure on China's economy- PBoC could yet reverse and loosenBy Greg PeelUnlike conventional monetary policy in the US, Europe and Australia, note Commonwealth Bank's foreign exchange analysts, Chin...
Admin System Jun 27, 2013

Australian Stock Market Report – Afternoon 6/26/13

The Australian share market rebounded today, as buyers moved in after China's central bank moved to restore calm. The People's Bank of China (PBoC) said liquidity risks in its financial markets are controllable and the unprecedented spike in interbank lending rates would gradually fade.
Vittorio Hernandez Jun 26, 2013

Sony Xperia Z Tablet: Slim Design and Features Puts iPhone 5 to Shame

The Sony Xperia Tablet Z delivers exceptional features combining the appeal of tablets and smartphones into one. While many tablets and smartphones decided to tinker with updates and slight upgrades, the Xperia Z Tablet takes things to a whole new level.
Precious Silva Jun 26, 2013

Australian Stock Market Report – Midday 6/26/13

Local shares are finally improving decisively, with the All Ordinaries Index (XAO) up 1.6 per cent. This is largely making up for a 2 per cent slide over the previous two sessions.
Vittorio Hernandez Jun 26, 2013

‘Deflation is Taking Over’

Ben Bernanke is losing control. He desperately wants inflation. He's getting deflation instead. He wants low interest rates; yet rates are rising.
Jamelle Agbuis Jun 26, 2013

Think and Invest Like a Venture Capitalist

Until about 10 years ago, whenever an African soccer team conceded a goal at the World Cup, the analysts would say the team was 'defensively naïve', and give a knowing wink at the TV audience.
Jamelle Agbuis Jun 26, 2013

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