BUSINESS

Australian Stock Market Report – Afternoon 6/7/13

Another week has passed where sellers have continued to define the market atmosphere. The ASX200 has lost the most part of 10% since the early part of May. The defining aspect of market volatility during this period has been the open debate moderated by the US Fed on the winding back of quantitative easing. Adding another dimension the selling in local terms has been the pace of profit downgrades from corporates in recent week. This last point talks to the recent flow of economic news which has ...
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Hindenburg Omen Is Back

By Rudi Filapek-Vandyck, Editor FNArenaAs far as technical indicators go, the Hindenburg Omen sounds very scary and not only because it carries the name of a famous air travel accident that instantaneously killed off the attraction of traveling by zeppelin between Europe and the American continent.

Top App Picks in Apple Store for iPad and iPhone

Apple announced just last may that users have downloaded more than 50 billion apps from their App store. Since it was established, the App store has been an innovative avenue for convenience and technology. According to recent reports, users are downloading around approximately 2 billion apps every month.

Global Markets Overview – 6/7/13

So far our call that the ASX could see a winter wonderland has been put firmly on hold, as the market has be catapulted miles north of the wall, as horrible macro data muddies the water.

Australian Dollar Outlook – 6/7/13

The Australian Dollar is higher this morning after some very large moves in key international currencies in the last 24 hours with volatility extreme.

Australian Stock Market Report – Morning 6/7/13

In US economic news, initial jobless claims fell by 6,500 to 346,000 in the final week of May. Net financial wealth grew by $3 trillion to $70.3 trillion - the biggest quarterly increase in 14-years. Rising stock prices and home pushed net household wealth to a fresh record high. US ICSC chain store sales rose by 3.2pct in May compared with a year ago.

Viber Messaging Service Gets Banned in Saudi Arabia, Others At Risk

Because it failed to comply with the kingdom's regulatory requirements and laws, Saudi Arabia has banned the use of the web-based communication application Viber in the country, at the same time threatening others face the same risk if they don't adhere to the country's rules.

Australian Stock Market Report – Midday 6/6/13

The Australian share market remains under selling pressure on Thursday following weakness from offshore markets. The Aussie dollar has also been under pressure in early trade, briefly dipping below US95c for the first time since October 2011.

Freedom Foods Worth A Taste

By Andrew NelsonFreedom Foods Group ((FNP)) is a diversified food company producing a number of branded and unbranded products across its three main divisions: Freedom Foods, Specialty Seafood and Pactum.

Physical Gold Demand Substantial

By Jonathan BarrattThe physical demand for Gold over the last few weeks has been unprecedented. Not only has the physical demand for Gold and Silver been absorbent but Central Banks (CB) seem to be lifting their interest in the metal, which is helping to offset the paper selling that has been a feat...

First Look at Kia's Rondo, Revamped Seven-Seater to be Released in Australia

Kia Rondo, a seven-seater minivan hits Australia. Rondo starts selling at $29,990. The latest model from the Kia faces challenges from previous attempts to enter the market and launch a well loved and selling car. The revamped edition seeks to replace previous features that made it difficult for previous models to sell.

Australian Stock Market Report – Afternoon 6/5/13

The Australian share market was sharply sold off during Wednesday's trade as economic growth figures missed expectations and as Japanese stocks shed almost four per cent on Prime Minister Abe's growth strategy.

Audi R8 is the Sickest Car in the World, V-10 Makes it the Quickest Car

The Audi R8 has successfully carved its own niche some people has even considered it as the “sickest car” in the world. While some people in industry feel the R8 is just a way for the company to amortize the costs of the Lamborghini Gallardo – it is impossible to deny the Audi R8.

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