BUSINESS

Gold continued to lose its sheen as a safe haven as its price further plummeted to $1,223.54 an ounce on Wednesday, its lowest since August 2010. By 3:08 p.m. at New York, gold settled at $1,225.91, down by 4 per cent.

BRW Magazine named on Wednesday financial services company Optiver as the best place to work in Australia. The list of the top 50 companies considered the best places to be employed was after a survey of 179 workplaces across the nation and feedback from more than 25,000 employees.

By Greg PeelThe Dow rose 149 points, or 1.0%, while the S&P gained 1.0% to 1603 and the Nasdaq added 0.

- PBoC calms China's money market- De facto tightening nevertheless a result- Further pressure on China's economy- PBoC could yet reverse and loosenBy Greg PeelUnlike conventional monetary policy in the US, Europe and Australia, note Commonwealth Bank's foreign exchange analysts, Chin...

The Australian share market rebounded today, as buyers moved in after China's central bank moved to restore calm. The People's Bank of China (PBoC) said liquidity risks in its financial markets are controllable and the unprecedented spike in interbank lending rates would gradually fade.

The Australian Government’s Classification Board banned the sale of Saints Row 4, an action-adventure open world game

Samsung Galaxy Tab is expected to hit stores in July. With the specs and pricing released, the market is torn whether the new tablet is something to be excited about or not.

The Sony Xperia Tablet Z delivers exceptional features combining the appeal of tablets and smartphones into one. While many tablets and smartphones decided to tinker with updates and slight upgrades, the Xperia Z Tablet takes things to a whole new level.

Local shares are finally improving decisively, with the All Ordinaries Index (XAO) up 1.6 per cent. This is largely making up for a 2 per cent slide over the previous two sessions.

Ben Bernanke is losing control. He desperately wants inflation. He's getting deflation instead. He wants low interest rates; yet rates are rising.

Until about 10 years ago, whenever an African soccer team conceded a goal at the World Cup, the analysts would say the team was 'defensively naïve', and give a knowing wink at the TV audience.

'When will America's economy finally stop limping along?' asks Steve Hargreaves for CNN Money. Next year, 2014, he says with a degree of confidence we find puzzling at best.

As the fires devouring the forests in Sumatra island continued to burn, the number of visits to medical institutions in both smog-embattled Singapore and Malaysia, Indonesia's next door neighbors, have likewise escalated.

Acer is gearing up for the release of Apple’s iPad Mini 2. To compete against Apple’s latest tablet offering, Acer just revealed their Iconia W3. It is an 8.1-inch tablet that will go head to head not just with the iPad Mini 2 but with other 8-inch tablets soon to hit stores in the third quarter.

Lenovo is boosting its line of products especially their touch series with the new Lenovo Miix. Apart from their group of touch-enabled laptops running on Windows 8, Lenovo introduces a slimmer and more portable version through the Miix.

- Echo counters Crown's Barangaroo proposal- Brokers impressed with scope- Return potential under questionBy Greg PeelEcho Entertainment ((EGP)) has found itself caught between a rock and a hard place.

By Greg PeelThe Dow closed up 100 points, or 0.7%, while the S&P jumped 1.0% to 1588 and the Nasdaq added 0.

iPad Mini was successful in its own turf. The small display but similar capacities to the standard tablet or laptop make it a runaway success for most face offs. It is also the main driving factor behind tech companies shifting their attention to 8-inch tablets. With the pending release of the iPad Mini 2, companies like Asus, Acer and Samsung are gearing up to boost their 8-inch lineups and compete.

Regional markets remained under pressure on Tuesday as participants remain ill at ease with the conversation between Chinese lenders and the PBoC. The central bank is maintaining its hard line approach by being slow to add liquidity to its system, which in turn has seen short term interest rates remain at elevated levels. The main thrust of the PBoC stance is curtailing lending activity as a way of taking the heat out of the housing market. This initiative however is put the stability of the fin...

Microsoft is planning to bring a number Xbox and Windows games to the iPhone and Android OS later this year. Through the partnership with Klab Inc., Microsoft can both over its games to the two largest mobile platform.

Ford Motor Company has conducted experimental tests for new communicative technology, named 'Electronic Brake Light', aimed at mitigating or preventing rear-end collisions in heavy traffic or around blind corners.

The 2014 Mercedes-Benz C-Class continues to gradually reveal itself with spy photographers this time getting good shots of the new sedan's grille and front end.

Seventy Holden vehicles were cut and crushed in Canberra this weekend at a road rescue training event hosted by the Australasian Road Rescue Organisation (ARRO).

That frustrating search for a free space in your local shopping centre car park could become a thing of the past after Volvo revealed a concept vehicle that will perform the task without a driver.

As a road car, the Mini Cooper JCW GP makes a great track weapon.

The Australian share market is clawing back ground after a day of selling across the Asian region, and weakness in European and US share markets overnight.

The weakening value of the Australian dollar would mean that motorists would pay more than $1.50 per litre of petrol within two weeks after the local currency declined 0.7 per cent to its lowest level since September 2010.

The average pay of top bankers in the United States and Europe fell by 10 percent in 2012, according to a report by the Financial Times, after a series of high-profile revolts and legal scandals forced banks to place caps on executive remuneration.

When you're younger, your limited life experiences tend to cloud your judgement. At eighteen you know everything (at least if you're male).