Today is D-Day for Samsung as the company embarks on what experts perceive as its biggest smartphone launch to date, the Galaxy S4 global debut, likely eclipsing what was seen in 2013 when the million-selling Galaxy S3 was rolled out.
By Jonathan BarrattCopper is not performing on the back of disappointing economic data from the number one consumer of the metal, China.
By Greg PeelThe Dow closed up 5 points, while the S&P gained 0.1% to 1554 (still 11 points shy) and the Nasdaq added 0.
- Aussie resilient despite stronger greenback- Importers/exporters expecting further AUD strength- Investment and hedging plans adjusted accordinglyBy Greg PeelThe US dollar index has rallied 5.
The Australian share market eased for a second session today, as big falls from the big four banks dragged on the local bourse.
An iPad could be used as a remote control for an old Opel Vectra, Russian computer experts have demonstrated in a home. To move the vehicle, also sold as Holden in Australia in the late 1990s, the geeks connected servo motors to metal rods that control the wheel steering and gear selection.
Rovio, the Finnish creator of the popular online game Angry Birds, will launch this weekend the TV cartoon version in a bid to widen its entertainment and merchandising reach.
According to figures released on the 11th of March, German exports increased more than initially expected, exceeding analysts' estimates. Official data showed that also German imports surged significantly. After all, the German economy saw some positive signs after a contraction in the fourth quarter of 2012.
The Parliamentary Commission on Banking Standards has criticized the Chancellor George Osborne's bank reform as it is simply unbalanced and inadequate. The Commission has underlined that the financial regulator should be given competence to separate high street and investment banking.
On the 11th of March, Chinese online giant Alibaba Group informed that its executive vice president Jonathan Lu would take the helm from current chief executive officer Jack Ma. The nomination was announced amid growing speculation over its forthcoming initial public offering.
On the 7th of March, BHP Billiton Ltd. firmly rejected China's allegations of iron ore manipulation aimed at driving prices up, underlining that it would improve its transparency in trade with the world's second economy. China, which is the world's biggest consumer of iron ore, is convinced that three iron ore miners manipulated the market, thereby pushing prices up.
Samsung is repackaging its Galaxy S3 while giving significant discounts for its smaller sibling, the Galaxy S3 Mini, apparently to spice up interest for the gadgets as refresh of the Galaxy S series is set to arrive this week.
On the 12th of March Lloyds Banking Group PLC informed that it has decided to sell 20 percent of its stake in the wealth management firm St. James Place PLC in order to uphold its capital reserves. The bank is expected to reap a profit of approximately £520 million from the stake sale.
Nokia’s Lumia 928 is reportedly gearing up for a U.S. release on April 2013 and the new handset is exclusive for a Verizon distribution.
Adidas reported a fourth quarter net loss for the year ended December 2012 after goodwill impairment charges on its subsidiary Reebok brand which took a toll on its profits. In the face of heavy impairment expenses, Adidas expects lower profits for 2013.
On the 7th of March, the Bank of Japan informed that it decided to keep monetary policy intact, yet the central bank upgraded assessments of the country's economy.
Apple iPhone 6 remains a mystery despite analysts’ projections that the handset will be a reality by Q1 2014. But for designer Peter Zigich, the smartphone will definitely come and there will be three variants.
The Australian sharemarket has kicked off hump day in subdued fashion, with the All Ordinaries Index (XAO) down by just 0.2 per cent or 9.2 pts to 5119.5.
Samsung Galaxy S4 debuts this week and the tech world is all buzzed up on what to expect and what not to. But one thing is sure, according to Forbes, we’ll get to see a new Android handset that aims to steal the thunder off Apple’s iPhone.
Sprint may be looking at a modified Z10 for release while Lenovo is speculating a takeover of the BlackBerry company.
By Greg PeelIn the process of open cut mining, as opposed to underground mining, "stripping costs" are incurred.
May 2013 is the expected release date of the new Android 5.0 or Key Lime Pie. The launch of the new OS version will take place at Google I/O on the same month. It is also the day when the first set of devices to run the new OS version from Motorola, ASUS, Samsung, and ZTE would roll out.
It appears that Galaxy Note 3 fans will have to bear more waiting time as a new report suggests that Samsung will use an LCD display panel for the upcoming phablet instead of the usual AMOLED.
This story was first published with full access for subscribers only on March 7. Due to a technical error, now resolved, a large section of the story was omitted on first publication.
The family court feud that Australians are following like soap operas because of the huge money involved has a new twist. It seems the battle has suddenly turned lopsided in favour of the family matriarch who at one point was sued by her three adult children for their fair share of the family wealth.
By Rudi Filapek-Vandyck, Editor FNArenaPrelude: In April 2011, with the Australian share market experiencing yet another January-April rally, I compared index projections for the calendar year from equity strategists with consensus price targets for individual stocks (*).
By Greg PeelThe Dow closed up 2 points, but the S&P lost 0.2% to 1552 and the Nasdaq fell 0.3%.It was touch and go at the death, but the Dow did manage to close in the green for an eighth straight up-day.
The Australian sharemarket couldn't make it three consecutive sessions of gains today, with the All Ordinaries Index slipping by 0.61 per cent or 31.4 pts to 5128.6. The mining and energy sectors continue to underperform the broader market. Both industries combined account for around ¼ of the Australian sharemarket.
Introducing the budget iPhone this year is a crucial Apple move, likely creating an overall positive impact on the tech giant’s global presence, notably in the emerging markets, a new report said.
The local share market is trading slightly lower at lunchtime in the East, despite a positive start and another record high on Wall Street overnight.
