Tiger Airways to Tigerair Australia, What’s Behind the Change?
Tiger Airways was renamed to Tigerair, signaling a beginning of new era for the budget carrier
Australian Stock Market Report – Midday 7/3/13
The Australian market continues on its bumpy ride this week, with investors not keen to back up yesterday's stellar rise. The All Ordinaries Index (XAO) is down 1.8 per cent, with all sectors trading in the red. Despite the big falls, keep in mind that Tuesday was the best day for local shares since October 2011. The miners were the standout performers yesterday, but are slumping most at lunch. Last night, most markets eased despite FOMC President Dudley reaffirming his previous comments that...
HIA Dismayed with Reserve Bank of Australia's Decision to Hold Interest Rates
The Housing Industry Association (HIA) is disappointed with Reserve Bank of Australia's decision to keep interest rates steady for at least another month. The RBA has recently announced on Tuesday that it can possibly keep cash rates for another month as a weak Australian dollar reduces the need to cut rates.
Biggest Consumer Of Baby Formula, China Investigates Monopoly Allegations
Emerging news reports say that Chinese authorities have begun an investigation into price fixing deals by manufacturers of imported baby formula.
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Global Markets Overview - 7/3/13
Once more choppy trade is defining the start of the new financial year.The US and Europe both suffered from low volume trading and sporadic price action last night, as both sides of the Atlantic slip into the red for the first time this week.
Australian Stock Market Report – Morning 7/3/13
In US economic news, factory orders rose by 2.1pct in May following a 1.3pct gain in April. The US economic news flow remains pretty decent.
The Overnight Report: Wall Street Squaring For A Break
By Greg PeelThe Dow closed down 42 points, or 0.3%, while the S&P fell less than a point to 1614 and the Nasdaq fell one point.
Australian Stock Market Report – Afternoon 7/2/13
Strong turnaround as RBA leaves rates at historic lows. The Australian share market has made a solid turnaround today, spurred by positive offshore gains and the Reserve Bank of Australia's decision to leave interest rates on hold at 2.75 per cent.
Nexus 7 2, ASUS K009 Technical Specs Revealed: Android 4.3, Quad-core, Qualcomm Snapdragon 600, 5MP Camera, 32GB Internal Storage and July 2013 Release Date
Screenshots of an alleged Asus Live Chat support emerged online, hinting the upcoming Nexus 7 2 which will be launched by the end of July 2013. An Asus employee leaked information regarding some technical specifications of the Android tablet.
Australian Stock Market Report – Midday 7/2/13
After a dismal start to the new financial year, the Australian share market is rebounding today on the back of positive offshore moves and ahead of the RBA's rate announcement this afternoon.
Ford Focus Sport Review
The Ford Focus has been one of the best small cars to drive ever since it reached Australian shores in 2002.
Key Economic News To Watch This Week: July 1
This week, Croatia officially joins the European Union while the North Korean nuclear and missile threat is the subject of an ASEAN security forum.
Volvo Animal Detection: Local Testing Planned for Kangaroo-Spotting Tech
Volvo's new Animal Detection safety system won't be able to help drivers avoid hitting kangaroos when it first launches within three years, but the Swedish manufacturer says future iterations will be tested in Australia to achieve that goal.
BMW i3 Official Unveiling Announced: July 29
BMW has announced it will reveal the long-awaited BMW i3 on July 29.
BMW i3 Patent Sketches Revealed
BMW has revealed patent sketches of its new i3 model this week, originally publicised by French Automotive magazine L'Automobile.
The US Federal Reserve’s Lies and Other Redundancies
A new meme is spreading in financial markets: The US Federal Reserve is about to turn off the monetary spigot. US Printmaster General Ben Bernanke announced that he might start reducing the monthly debt monetisation program called 'quantitative easing' (QE) as early as autumn 2013, and maybe stop it entirely by the middle of next year.
Bernanke Fumbles, the Market Tumbles, The Daily Reckoning Grumbles
In his speech on May 22nd, Chairman Bernanke did the equivalent of playing an ace, standing up and turning around. He gave you a massive hint at one of his rules. But what does that hint mean?
No Real Economic Recovery Without “Hitting Bottom” First
Gold dropped another -$18 an ounce... Mr. Market is working his devious magic... scaring away the Johnny-come-latelies... putting the fear of God into the rest of us.
The Tentacles of the US Economy
The 2013 Financial Year could best be summarised by Charles Dickens' immortal opening line in A Tale of Two Cities: 'It was the best of times, it was the worst of times.'
Australians' Retirement Savings Fund Highest in 6 Years, Kiwis Benefit from Transferable Superannuation
Australians are in for a treat when it's time to open superannuation statements by the end of the year. Average returns are reported to be at their highest in six years due to a strong market leap in the previous year.
Banks, As Safe As Houses
By Peter Switzer, Switzer Super ReportTuesday afternoon I bit the bullet and bought bank shares and gave myself a pat on the back across Wednesday and Thursday when the stock market went up 3.
Asus Rep Dishes out Details on the Asus K009 and the Next Generation Google Nexus
Google’s lips remained sealed about the next generation Nexus also rumored to be Nexus 7.2 or Nexus 7 2. Speculations are high that Google will be releasing their next best tablet this month or sometime soon. The latest rumor on this tablet comes from an Asus customer representative. Reports indicate the rep dished out some interesting specs about the new Nexus 7.
Samsung Galaxy S4 Sales Plunged! Will this Affect Galaxy S3 Official Android 4.2.2 Firmware Update?
Samsung Electronics lost a market capitalization value of $25.3 billion in May which is more than the value of Sony Corporation due to the failure of Galaxy S4 to meet expectations. Will this delay the Android 4.2.2 update for the Galaxy S3?
The Month Uranium Fell Below US$40/lb
- Spot price down US20c on last week- Down US85c in June- Life emerging in term market- TD securities cuts price forecastsBy Andrew NelsonJune was another difficult month on the uranium spot market, with spot prices falling and staying below US$40/lb.
Australian Jobs Market Softens Further
- Australian Jobs continue to fade- Lower sales higher costs to blame- Businesses expect weak 2014- Jobs losses could mean more rate cuts By Andrew NelsonWhen the rest of the world had a GFC, they also had to endure the GFC jobs market and it wasn't a good one.
Xperia Z Ultra Puts Samsung Galaxy Note 2 to Shame, Top 5 Reasons Why Xperia Wins
From the time Samsung Galaxy Note hit stores, it has set the standards for smartphones and phablets alike. But the market is always full of surprises and some contenders are rising up to the challenge. With the pending release of the Samsung Galaxy Note 3, tech giants like Sony are stepping up. The Sony Xperia Z Ultra can put the Note 2 to shame according to announced specs.
Tablet Face Off: Apple’s iPad 4 vs Google Nexus 10, which is the best Tablet?
Apple’s iPad 4 and the Google Nexus 10 have been leading the pack for tablets in the market. Despite the strong competition, these two managed to carve a niche on their one. But which tablet better suits a consumer? Looking at the pros and cons of both should help decide which tablet is apt for whom.
Japan Economy Bounces Back After Two Years
After the economic repercussions brought by the Fukushima and Miyagi earthquakes, the Japanese economy had its first positive outlook in two years.
New Zealand Fuel Prices Rise Due to High Petrol Tax, Falling Kiwi Dollar
Fuel prices in New Zealand increased 4 cents per litre in June due to weakening of the New Zealand dollar and rising prices of commodities. Today, fuel prices rose again by another 3 cents along with the scheduled annual rise of petrol tax.
Intel's CTO Steps Down, New CEO Focuses on Wearable Device Chip
Intel's chief technology officer Justin Rattner has stepped down from his post because of his age. The company forbids any employer to be beyond 65 working still. Rattner will be on extended leave. Intel did not provide details about his return and to what his return will account for.
Nokia Acquires Siemens Network Operations
Nokia has raised up its stake at the mobile broadband industry as it purchased the remaining stake of Siemens in their joint partnership for 1.7 billion euros.
Weak S4 Sales: Is Samsung Going the Way of Apple, BlackBerry, Nokia, Motorola?
Due to consumers' perception that the Galaxy S4 is not much different from previous smartphones released by the South Korean tech giant, Samsung sales are on a downward trend.
The Overnight Report: Australia Cries Alone
By Greg PeelThe Dow closed up 65 points or 0.4% while the S&P gained 0.5% to 1614 and the Nasdaq added 0.
Australian Stock Market Report – Afternoon 7/1/13
Sellers returned from the weekend a little bolder. The result was that the market was in steady decline for much of the day. The main catalyst for the selling was the weaker manufacturing data out of China. This data point served to remind investors of the weight of economic news which will be released both locally and elsewhere over coming days, culminating with the US Jobs report on Friday evening local time. Investors will continue to calibrate their expectations of the Fed's retreat from ...
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