The Overnight Report: Bouncing Ben
By Greg PeelThe Dow rose 115 points, or 0.8%, while the S&P gained 0.6% to 1496 and the Nasdaq added 0.
Australian Stock Market Report – Afternoon 2/26/2013
For weeks now a common market discussion has turned around the rise of the markets and the speed with which the ASX200 ascended to the 6000 mark. Over the course of this time there have been few outcomes to interfere with the rosier perspective adopted by the market. The last week has seen this paradigm revert to themes that were common place at the end of last year. European political risk and the state of US finances have returned to cast a pall over market sentiment.
Apple iOS 6.1.3 Kills Jailbreak for iPhone 5, Other Devices, Evad3rs to Develop New Tool - Report
Apple iOS 6.1.3 jailbreak is not possible, according to a developer who works with a popular jailbreaking group. The new Apple OS will reportedly not be rolled out until a month later, but the developer who tested it over the weekend has determined it was not going to work. But this is not entirely a bad piece of news for jailbroken device users.
Asus Atom-Powered FonePad Vs Google’s Nexus 7, Apple’s iPad Mini, Samsung’s Galaxy Tab
Asus is asking $US250 for consumers to own the new Intel Atom-powered FonePad, another entry in the growing tablet breed that also delivers phone functions.
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MWC 2013: Samsung Deal With Visa Allows Payments Just by Waving Smartphone Near Special Reader
Samsung smartphone owners would soon be able to make payments for their purchases by merely waving their units near a special reader. The privilege would be open to owners of smartphones with the Near Field Communication (NFC) technology that allows a phone to transmit information to a nearby reader without touching the reader.
Nokia Lumia 720 vs. Samsung Galaxy S3 Mini: Android Budget Phone Meets its Match in a Solid-Built Windows Device
Pitting the two handsets, we should be able to appreciate which delivers the best value for every dollar
Asus Reveals New Tablet in MWC: Powerful Intel Atom Combining Windows, Android OS
The Taiwanese manufacturer ASUS and co-creator of the Nexus 4 announced on Monday an Android tablet with Intel Atom processor installed. The company unveiled the information at the Mobile World Congress in Barcelona with will lead to more power for the Android ecosystem using the Clover Trail feature of the processor.
China’s Great Old Credit Boom
Things are getting out of hand. Recent credit growth data from China's economy should be enough to excite the bears and the bulls alike. Total social financing, the metric of credit growth used to encapsulate both bank and non-bank lending in China, was a whopping US$400 billion in January alone. Or $4.8 trillion annualised!
RBA Opens Door to Another Interest Rate Cut to Offset Strong Dollar
With the Reserve Bank of Australia (RBA) set to meet again in the next few days to make another overnight cash rate decision, the central bank hinted on Tuesday that it may cut the current 3 per cent key lending rate to offset the impact of the strong Australian currency.
How The RBA Actually Sets Interest Rates
On February 26, 2013, the Assistant Governor of the Reserve Bank of Australia, Guy Debelle, addressed a breakfast gathering at the University of Adelaide Business School.
Iron Ore To Get Cyclone Rusty
- Tropical Cyclone Rusty expected to make landfall today- Port Hedland and Dampier ports already closed- Supply disruptions expected- Possible short term run in spot pricesBy Andrew NelsonIt's either the product of a good sense of humour, or a wonderful example of natural irony, but either way ...
UK to Enjoy Boom in North Sea Investment
The UK is expected to benefit from an increase in North Sea investment as oil and gas companies will spend at least £13 billion in 2013. What is interesting is the fact that 2013 North Sea spending is estimated to reach its highest level in 30 years.
The Overnight Report: L'Italia Vacilla
By Greg PeelThe Dow fell 216 points, or 1.6%, while the S&P lost 1.8% to 1487 and the Nasdaq dropped 1.
China’s Manufacturing Slows Down in February, Flash PMI Shows
Initial data on China's manufacturing activity indicated a sharp decrease in February, raising concerns over the recovery of the Asian dragon. The deceleration was driven by weak global demand for China's exports and the timing of the week-long Lunar New Year holiday. A survey by HSBC and Markit Economics showed that China's manufacturing expanded at the slowest rate in four months.
Japan Offloads Uranium
By Andrew NelsonLast week The Japan Times reported that Japanese utilities were selling uranium inventory.
Australian Stock Market Report – Afternoon 2/25/2013
The Australian share market ended higher on Monday although it wasn't a flawless performance. Figures released mid-session revealed that activity in the Chinese manufacturing sector eased in the month of February. As a result the Aussie dollar and the share market retreated in response.
Huawei Ascend P2 Claims to be World's Fastest Smartphone
Huawei, the Chinese smartphone company and the world's third-largest maker, released on Sunday what it claims the world's fastest smartphone to date, the Ascend P2.
Leak of New Case Image Points to June 2013 Release of Apple’s iPad 5 – Reports
More clues leaking out are suggesting that Apple has redesigned the next generation iPad to resemble that of the iPad Mini and fifth take is breaking out June this year.
HP’s Dual-Core Slate 7: New Attempt to Undercut Google’s Nexus 7 Momentum
The TouchPad was a disaster for Hewlett-Packard, once safely nestled as the global leader in PC manufacturing, so the company is a trying a tablet market re-entry on the safe side: Use Google’s Android and sell cheap, for as low as $US169.
The Domino Line Approaches the Australian Economy
We may have some of the world's most liveable cities, but Australian children (and adults) live a severely deprived life. It's probably got something to do with the time difference, but the cultural phenomenon of 'Domino Day' never seems to feature on Australian television screens. Even when Kylie Minogue received the world's ultimate honour of knocking over the first domino in 2001, nobody in Australia got to watch, as far as we know.
Why Nexus 4 Will Taper Off on the Upcoming Samsung Galaxy S4 Onslaught?
Now that the Galaxy S4 is coming out, experts believe it will be an instant hit, possibly neutralising every competition around, including the affordable and powerful Nexus 4.
Australian Stock Market Report – Midday 2/25/2013
The Australian sharemarket has opened the week higher following strong global leads over the weekend.
Why the Heartbeat Is a Better Security Alternative than Passwords, Fingerprint Technology
With the increasing volume of data placed online, the need for better security protection for email or social networking accounts becomes stronger. Tech security experts said that the earlier use of biometric features had leveled up from the traditional fingerprint or facial recognition.
Samsung Forced to Replace AMOLED Display on Galaxy S4 – Report
No AMOLED screen display tech and Exynos CPU for the Galaxy S4, a new report said, further strengthening earlier reports that the new Samsung flagship will rely on a 1.9GHz Qualcomm chip for brute power.
Transpacific No Longer Rubbish
- TPI result surprises- Trend improving- Recovery story beginning- Not without riskBy Greg PeelOnce flying high with an $11 stock price, waste collector and recycler Transpacific Industries ((TPI)) found itself a significant victim of the 2007 global credit crunch as the market rushed out of over-le...
Singapore Records Stronger GDP in Q4
Singapore, the better business destination, informed that its economy expanded in the fourth quarter of 2012 more than initially expected, proving that Asia is slowly recovering. However, it has been underlined that the outlook for the Singapore's economy was "cautiously positive," indicating that growth is expected to reach 1 - 3 percent for 2013.
3 Android Apps for Tracking Stolen, Lost Smartphones
As smartphones become more popular with new technologies being imbedded in these mobile devices, the chances of theft of cellular phones are also on the rise. There is also the possibility that handheld units are misplaced or inadvertently lost. To help phone owners deal with these situations, developers have come up with apps that help the users track their lost or filched phones. Here are three of these apps available for Android users on Google Play.
Impressive Galaxy Note 8.0 Features that Serve as Preview Specs for Samsung Galaxy Note 3
The cover was long peeled off but when Samsung formally let out the new Galaxy Note 8.0, what came out is an elegant-looking gadget carrying on the Note tradition that the South Korean tech giant started in 2010 – a tablet that doubles too as a smartphone.
Samsung’s Galaxy Note 8.0 is Another Phablet but Less Pricey [Slideshow]
True to its word, Samsung previewed the Galaxy Note 8.0 right at the start of the Mobile World Congress in Barcelona, introducing a device that can be called as a phablet, at least in select regions where it will be released.
BHP’s Marius Kloppers: I Was Not Sacked, Slower Demand for Minerals in Next 5 Years
Unlike Tom Albanese, his counterpart in Rio Tinto, BHP Billiton (BHP: ASX) Chief Executive Marius Kloppers insisted over the weekend that he was not sacked, and his retirement is part of the miner's succession plan in place since he was appointed to the top post six years ago.
Weekly Recommendation, Target Price, Earnings Forecast Changes
By Andrew NelsonWith reporting season swinging into top gear last week, this week's report is chock-a-block full of recommendation revisions.
April Unboxing for Microsoft ‘s Newest Xbox?; Aussie Hacker in Trouble Over Xbox Leak Gag
Perth police raised on Tuesday the house of a male hacker who attempted to sell a prototype of Microsoft's new Xbox gaming console over eBay. The suspect, named as superDaE, tried to auction a Durango development kit for the new Xbox, said to be in time for Christmas 2013.
Dead Bird in a Salad, the Latest in Tesco Blunders
After the human tooth and horsemeat incident, another surprising find puts Tesco back on the map as a dead bird was found inside one of its salads.
Work in Poor African Nations Spurred Harvard Graduate Leila Janah to Give Back Through Samasource
At a time when even tech giants such as Dell are downsizing because of the weak business environment, a U.S.-based company that logged a 400 per cent increase in accounts the past 12 months is certainly impressive and truly blessed. Samasource, founded in 2008 by Harvard graduate Leila Janah, is a leading provider of data and content services. Its clients include Google, Walmart, eBay, the University of California San Francisco and Getty Images.
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