As high as food and gasoline and other basic commodities are across the U.S. these days, they would cost much, much more were the American dollar not the world's reserve currency. Economists have known that for decades.
Jamelle Agbuis Jun 07, 2013
The Australian sharemarket is sliding for the third straight day, with the ASX200 Index down by close to 1 per cent at lunch. This is adding to the back to back 1 per cent falls on Wednesday and Thursday. Investors are feeling somewhat jittery ahead of a non-farm payrolls report out later tonight, in addition to the closure of the Aussie market on Monday due to a public holiday.
Vittorio Hernandez Jun 07, 2013
Pay $6.2M for three, not one, Ferrari. The best car sale has hit the market. Imagine getting a Ferrari F40, F50 and an Enzo for the price of one? This is possibly one of the best car deals and gift packages around.
Precious Silva Jun 07, 2013
Just as the world gets to slowly accept same-sex marriages, a reversal of roles seem to be happening. If a same-sex couple gets rejected of a request, a thin dividing line ensues of differing personal and professional beliefs.
Esther Tanquintic-Misa Jun 07, 2013
If you're the faint-hearted type, this is not for you. But for thrill-seeker adventurers, this video on YouTube of a Saudi daredevil man texting while above the hood of a speeding car could give them the much needed adrenaline rush.
Esther Tanquintic-Misa Jun 07, 2013
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.
Admin System Jun 07, 2013
Sony recently launched its Sony VAIO Pro 11 and Pro 13 models in hopes of challenging Apple in high-end portable computing. The new line of ultrabook computers will go against Apple’s line of Macbook . Can Sony give Apple a run for its money?
Precious Silva Jun 07, 2013
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.
Jun 07, 2013
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.
Vittorio Hernandez Jun 07, 2013
Google Australia might just be a worker's paradise. The tech giant's headquarters in Sydney is an employee's dream office with facilities and furnishings designed for a stress-free environment.
Reissa Su Jun 07, 2013
The Australian Dollar is higher this morning after some very large moves in key international currencies in the last 24 hours with volatility extreme.
Vittorio Hernandez Jun 07, 2013
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.
Vittorio Hernandez Jun 07, 2013
The Samsung Galaxy S4 Active is no longer a rumor as the tech company unveiled the rugged edition just recently. More importantly, consumers no longer have to guess when it is going to hit the market. Samsung will be releasing the extreme edition of their latest Samsung S4 lineup on the first of July in UK.
Precious Silva Jun 07, 2013
After being hit hard by the price war between Australian supermarket giants Coles and Woolworths, some relief is in sight for the country's dairy farmers when milk processor Murray Goulburn offered them the highest ever opening milk price of $5.60 per kilomgramme solid.
Vittorio Hernandez Jun 07, 2013
By Greg PeelThe Dow closed up 80 points, or 0.5%, while the S&P gained 0.9% to 1622 and the Nasdaq added 0.
Admin System Jun 07, 2013
The Australian dollar ended the day's trade in the red for the third session this week. Local stocks are now holding at levels not seen since January.
Vittorio Hernandez Jun 06, 2013
With about 1.6 million Americans having experienced violent phone thefts in 2012, law enforcement officials have taken two steps forward to combat the situation.
Esther Tanquintic-Misa Jun 06, 2013
Not only do they get to live normal lives, but children of gay parents and same-sex couples are actually healthier, happier and thrive more than children of straight heterosexual couples, according to a study by the Australian Study of Child Health in Same-Sex Families.
Esther Tanquintic-Misa Jun 06, 2013
Apple dropped recently an app in their store promising people to “free” them from their homosexuality. However, Google’s Play Store and several Android platforms are yet to make their move on removing the Gay Cure app.
Precious Silva Jun 06, 2013
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.
Esther Tanquintic-Misa Jun 06, 2013
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.
Vittorio Hernandez Jun 06, 2013
Medical authorities in Saudi Arabia are racing against the clock to implement measures to control the Middle East Respiratory Syndrome Coronavirus (MERS-CoV) into a feared, potential pandemic in light of the forthcoming annual Mecca Hajj pilgrimage season on October 13-18.
Esther Tanquintic-Misa Jun 06, 2013
HTC One will soon receive its official Android 4.2.2 Jelly Bean firmware update and owners can expect it to roll out by the middle of June 2013.
Ryan Inoyori Jun 06, 2013
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.
Admin System Jun 06, 2013
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...
Admin System Jun 06, 2013
One point for Samsung Electronics as it won against its biggest competitor Apple Inc on patents. The long-running case against patent infringements and market selling has created a stiff competition between the two electronic giants – the odds were in favor of Samsung this time.
Precious Silva Jun 06, 2013
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.
Precious Silva Jun 06, 2013
By Greg PeelThe Dow fell 216 points, or 1.4% to under 15,000 for the first time since May 7. The S&P fell 1.
Admin System Jun 06, 2013
Samsung officially announced the Galaxy S4 active featuring its notable asset - the dust and water protection to the newly-designed body.
Ryan Inoyori Jun 06, 2013
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.
Vittorio Hernandez Jun 05, 2013
