BUSINESS

Australian Stock Market Report – Afternoon 6/19/13

The behaviour of financial markets in recent months has been defined by one issue. What will the Fed do with Q.E. To this end it's interesting to note how composed the markets have been in the last day given the import of the day ahead in the US. Wednesday in Washington will see the Fed conclude its 2 day meeting with a press conference. In this forum the US Fed Chairman is expected to provide some clarity in relation to its bond buying program. 'Tapering' has been an expression frequen...

ASUS ROG Maximus VI Extreme Becomes Top Contender for Overlocking Supremacy

Asus announced that their Republic of Gamers Maximus VI Extreme motherboard has achieved overlocking supremacy at the Computex Taipei 2013. The motherboard, powered by Intel Z87, delivered 91% success rate at the convention. Asus also achieved several world records at an event hosted at the company’s headquarters.
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ASUS Memo Pad HD 7 Android tablet is the New Google Nexus? Specs and What to Expect

The release of Google Nexus 7 ushered in a new preference for computing devices: small and cheap. The market is quick to adapt and many manufacturers started producing tablets. ASUS has joined the era of producing ultrabooks and tablets. The Memo Pad HD 7 is the company’s latest attempt at penetrating the same market as Google Nexus 7.

The Pressure is Building in China’s Economy

Yesterday we discussed how financial conditions were becoming tighter across the globe as markets responded to US Federal Reserve Chairman Bernanke's attempts to pull back on the scale of quantitative easing. Right now, the Federal Reserve is monetising around $85 billion per month in Treasuries and mortgage backed securities.

Inside Ben Bernanke’s Doomsday Device

Those who think the world is warming up should visit Edinburgh. It is a city made of stone. Yellow stone. Brown stone. Almost black stone. Almost every building is built of stone. And the entire city sits on a rock...

Intel's Milky Way 2 is the World's Fastest Computer, New Top Supercomputer Named

Every year the industry ranks the world’s top super computers. The rankings changed again this year as a neophyte from the National University of Defense Technology grabbed the top spot. The Top500 Supercomputer Sites list updates their ranking twice a year. For this period, Intel-based Milky Way 2 takes the number one spot.

Material Matters: Global Capex, Iron Ore, Steel

- Global mining capex still softening in 2015- Happy days almost over for iron ore juniors- US scrap steel market still doing it tough- Most Aus economic scenarios negativeBy Andrew NelsonBeing negative on mining capex is no new thing.

Australian Stock Market Report –Afternoon 6/18/13

The Australian share market managed to stage another recovery in late afternoon trade, but still closed lower. After hitting an intra-day low of 4750pts, the All Ordinaries Index (XAO) finished the day's session down 10.4pts or 0.2 per cent to 4794.

Blog Leaks Intel's Detailed Roadmap for 2013, Company Shows Plans after Haswell and Before Haswell-E

Intel’s Corp’s detailed roadmap for 2013 was leaked through a blogsite: asder00.blogspot.it. The blog showed slides of the desktop platform roadmap of the company. The slides show that Intel is not planning on releasing a microprocessor by the name Broadwell. The slides also provide an insight on what the company intends on doing with their higher-speed chips like Haswell and other desktop platforms.

Australia Recession Can Be Avoided Says NAB Chief

National Australia Bank (NAB) Chief Executive Cameron Clyne is not intimidated by Goldman Sachs economist's statement that Australia might have a 20 per cent chance of going into recession in 2014. The NAB chief executive is confident due to the low employment rate which will serve as a buffer against recession.

Australian Stock Market Report – Midday 6/18/13

The Australian share market has reversed all of Monday's gains in the early session, as investors turn their attention to the US Federal Reserve's two day policy meeting which kicks off tonight in Washington. Market speculation over whether or not the Fed will wind back its stimulus program remains mixed.

Uranium Market Talks Turkey

- Spot price up 10c- Still below US$40- Japan may still come to the rescueBy Andrew NelsonLast week was a slow one on the uranium market, with many participants attending the World Nuclear Fuel Market conference in Turkey.

Perth Airport:, Protest Actions Continue to Build Up

More protest actions continue to build up at Perth Airport as security screeners pursue their demand for better wages. Workers are complaining that their wages are lower compared with their interstate counterparts, and are demanding for an increase of 12 percent in basic pay spread over the next three years.

Global Recovery Reality Check: Australian Recession?

- US shaky, but still ok- More sideways trends in Europe- China to pick back up, slowly- Australia may be headed towards recessionBy Andrew NelsonIn this day and age it's hard to start a discussion about the global economy and its recovery prospects without roping in the big three: the US, Euro...

Time To Go Hunting

By Peter Switzer, Switzer Super ReportAfter a trip away to Turkey and Greece, when the dollar dived and the stock market added to my hip pocket grief, there must be some investors worrying about whether we're in for another period of big sell-offs like we saw over 2011 and 2012.

Australian Stock Market Report – Afternoon 6/17/13

The Australian market had a very volatile start to the week, with stocks rallying strongly in the dying minutes of the session. Stocks slumped by as much as 1 per cent in the first hour of trade, only to steadily rise from 11am (AEST) onwards and spike in the final 30 minutes of trade. The All Ordinaries Index (XAO) closed 0.6 per cent higher.

Samsung Makes Way for the New Galaxy Tab 3 Series

Samsung Electronics Co., Ltd has been the pack leader of tech manufacturers for the past months. The release of their Samsung Galaxy S4 propelled the company to new heights – but the company is not stopping there. It just announced their new Galaxy Tab Series. The Galaxy Tab 3 8-inch and 10.1 inch is hitting stores this June.

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