BUSINESS

Queensland Cattle Raisers Eye Beef Export to China

Queensland cattle raisers are eyeing the development of China as its new market for beef. The search for new markets to replace the income lost from its export trade with Indonesia was discussed at the Northern Stakeholder Forum on Tuesday held at Mount Isa in the state.
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The Misallocated Savings of the Chinese Banking System

Up, up and away! Markets are off to a flier this Monday morning. The Japanese public has endorsed the idea of money printing. And the Chinese money printers have endorsed the idea of cheaper money. Naturally, Australian stocks are reveling in the idea that wallets may loosen in Asia and that bank lending for more make-work projects could increase.

Japan FINALLY Admits: Consumers of Sea Produce Warned as Damaged Fukushima Nuclear Reactor INDEED Poured Contaminated Radioactive Water Into Ocean Waters

Two years after the great 9.0 magnitude earthquake that hit Japan and the resulting tsunami that damaged the Fukushima Daiichi nuclear plant, its operator Tokyo Electric Power Co (Tepco) finally admitted on Monday that the stricken facility had likely poured contaminated radioactive water into the ocean waters.

Australian Stock Market Report – Midday 7/23/13

Both the All Ordinaries Index (XAO) and the ASX200 (XJO) are trading above 5000.0pts, for one of the first times in a few months. The XAO is up 0.5 per cent with almost all sectors trading higher. The energy sector along with the utilities are losing ground.

$299 Off-Contract Price for Moto X?

With Aug 1 identified as the launch date for Google's Moto X and New York as the venue, the next questions on techies' minds is how much will the new smartphone be priced and how what does it look like?

Samsung Follows Microsoft, Apple and Google; Korean Tech Giant Will Hold Its First Global Developer Conference

Samsung sits at the forefront of the tech and mobile phones industry. It has managed to transform itself as the biggest consumer electronics manufacturer today beating and challenging sales of some of the biggest companies in the world like Apple and Google. In its bid to become the top player in the tech industry, the Samsung will also be holding its first global developer conference.

Samsung to Hold Its First Global Developer Conference

Samsung sits at the forefront of the tech and mobile phones industry. It has managed to transform itself as the biggest consumer electronics manufacturer today beating and challenging sales of some of the biggest companies in the world like Apple and Google. In its bid to become the top player in the tech industry, the Korean tech giant will also be holding its first global developer conference.

World Youth Day 2013: Head of State Pope Francis Carries Own Luggage Bag, Falls in Line, Waits For Turn to Board Aircraft (PHOTOS)

Consistently shunning preferential treatment and special attention, Pope Francis has done what most heads of state would not. For his first overseas international trip since becoming the 266th pontiff, Pope Francis opted to carry his own luggage bag, fall in line and then wait for his turn to board commercial aircraft Alitalia for his week-long visit to Brazil in celebration of the World Youth Day 2013 festivities in his home continent.

Uranium Marches South At Double Time

By Andrew NelsonThe crack appeared the week before last. Sellers started to buckle under the strain and gave in to lower prices.

McDonald’s UK Disallows Rider on Horse to Order from Drive-Thru

A woman who sought to order from McDonald's drive through restaurant in Great Manchester on Saturday was not served because the fast food establishment's rules exclude people aboard horses from ordering at its drive-through window.

Huawei to Bring 5G Technology in 2020? (VIDEOS)

The frequently belittled Chinese tech company Huawei may just surprise techies and take centre stage in 2020 when it makes available 5G technology. The hint of being on the forefront of technological advancement from the Chinese tech giant comes even if 4G has barely landed.

Ugly Cigarette Packaging, Not Fear of Cancer, Will Cause Aussie Smokers to Quit the Vice (VIDEOS)

The Australian government should make a bigger push to make the plain packaging of cigarettes uglier to cut the country's smoking rate. A study released on Monday found that more Aussies are thinking of quitting their nicotine habit not because of fear of acquiring lung cancer as the images and words on the cigarette packaging warn, but due to the ugliness of the wrapper.

Amazon CEO Confirms Discovery of Apollo 11 Rocket Engines

Neil Armstrong landed on the moon in Apollo 11 on July 20, 1969 and nearly 600 million television viewers watched the historical event live across the world, including a five-year-old Jeff Bezos, now the CEO of Amazon. A day before the 44th anniversary, Bezos disclosed that the two rocket engines that his team had found from the depths of the Atlantic are from Apollo 11.

The Overnight Report: Just Okay

By Greg PeelThe Dow closed up one point, while the S&P gained 0.2% to 1695 and the Nasdaq added 0.3%.The Aussie has been ping-ponging between the mid 91s and the mid 92s these past few sessions as Fed tapering confusion abates and focus turns more specifically towards China.

Australian Stocks: What Happened Today? (Invast)

By Ashley Jessen23 July 2013 ASX Market Summary ? Invast Financial ServicesSubdued market action overnight in the US combined with new recent one month highs across many commodities gave mixed signals to local traders keeping an eye on the S&P/ASX 200, which climbed steadily over the start of the tr...

Australian Stocks: What Happened Today?

By Ashley Jessen23 July 2013 ASX Market Summary ? Invast Financial ServicesSubdued market action overnight in the US combined with new recent one month highs across many commodities gave mixed signals to local traders keeping an eye on the S&P/ASX 200, which climbed steadily over the start of the tr...

Intel's 2Q13 Earnings, CEO Pushes for Intel Atom ‘Bay Trail’ 22nm Processor

Intel’s CEO Brian Kranich had his first earnings call. The chip giant’s head post revealed his strategy on pushing Intel’s growth and development. For the second quarter of 2013, Intel reported $12.8 billion in revenue. Net income came at $2 billion for the current quarter. This is 2 percent down from 2012’s record.

Australian Stock Market Report – Afternoon 7/22/13

The supportive tone seen in the early part of the local session remained in place over the course of the afternoon although the prospect of key company and economic reports in coming days, both locally and elsewhere kept buyers from extending gains. The end result paints a picture of the ASX200 index still consolidating around the 5000 mark.

Apple's Continued Product Delay Puts Everyone on the Edge of Their Seats

People lined up the streets to wait for the release of the first iPhone in 2007. From the time Steve Jobs unveiled one of the world’s most popular mobile handset, people have always anticipated product releases and announcements from Apple. To many businesses like shopping stores and developers, whatever Apple puts out is their bread and butter. Is the same still going on today?

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