BUSINESS

Thai Billionaire Charoen Closer to F&N Takeover as OUE Backs Down

After all, it seems that the long battle for Fraser & Neave Ltd. is over. Apparently, a group led by Overseas Union Enterprise Ltd. decided to withdraw from the race as it did not increase its bid to match Thai billionaire Charoen Sirivadhanabhakdi's offer of approximately $11.2 billion for the Singapore-listed property and beverage company.

Apple’s Half-and-Half Glass

It's morning in the world again. Yes, the sunshine beat down upon Southbank this morning. Your editor was out for a stroll after an early morning breakfast with some visiting colleagues. The armies of marching (and cycling) workers betrayed no sign of citizens under siege during a great war.
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Java Latest Update with 2 New Bugs

The Java 7 Update 10 on December 2012 was exposed to vulnerabilities against hackers and cyber criminals. The new update on Jan 13, 2013 has two new flaws which also makes it susceptible to digital attacks.

The Bump Bumps Off Royal Call Hoaxer’s Radio Show Hot 30

Australian DJs Mel Greig and Michael Christian's controversial radio show, Hot 30, got bumped off the air by a new interactive radio show aptly titled The Boot. Their call to the King Edward VII hospital in London to inquire about the state of Duchess Catherine's pregnancy led to the suicide of nurse Jacinta Saldanha who passed on the call to another nurse, who in turn, divulged the medical information, thinking it was the Queen herself who was on the line.

Australian Stocks: What Happened Today?

The analyst principally responsible for the production of this research report is: Howard Humphreys, Director & Lead Research Analyst, Seismic ResearchAsian stocks advance on strong economic reportsReturning from the Australia Day public holiday, Australian stocks led Asian markets higher today, des...

Papillon Reveals Potential At Fekola

-Significant increase to resource-Quality project excites brokers-Quick route to first goldBy Eva BrocklehurstPapillon Resources ((PIR)) is a strong contender in the West African gold play with its flagship Fekola gold project in Mali.

The Bank of Japan Fires a Pop-Gun

And there's only one currency that's not involved in the escalating currency wars. That currency is gold. So why is it continuing to lounge around, pretending that nothing is happening? We have a few ideas on that, but first let's look at the latest happenings in the currency war saga.

Australian Stock Market Report – Afternoon 1/25/2013

Inch by Inch. This sums up the progress of the market over the course of the last 5 days. A series of unspectacular daily gains which yielded a rise of 1.2% for the week. It's precisely this type of weekly improvement that has seen the market advance by more than 10% since the end of November. More than $6.5 Billion in shares were transacted on Friday, a figure substantially inflated by an option expiry the previous day. At its highest point of the session the market hit a fresh 20-month high...

Michael Garcia Turns Internet Hero Defending a Boy with Down Syndrome

Michael Garcia, a Laurenzo’s restaurant waiter from Texas, received internet recognition for defending a 5-year-old boy with Down syndrome against another customer’s offensive remarks. The waiter refused to serve the customer after hearing the remarks “special needs children need to be somewhere else.”

eBay Pulls Out Django Unchained Toys

Virtual marketplace eBay has pulled out from its shelves the controversial 'Django Unchained' toys after the Weinstein Company, the film's producer and likewise facilitated the creation of the toys, discontinued making them following complaints and criticisms from various African-American advocacy groups.

Australian Stock Market Report – Midday 1/25/2013

The local sharemarket is higher for the eighth straight session, with the All Ordinaries Index (XAO) up 0.4 per cent or 17.8 pts to 4851.6. Global markets rose overnight, with the Dow gaining for the fifth day while European equities aren't far off two year highs.

Samsung Profits Soar 76% with Strong Galaxy Sales

Crediting strong sales of its Galaxy S3 smartphone and Galaxy Note 2 phablet, Korea's Samsung Electronics Co., Ltd., now the world's preferred mobile phone maker, has reported profits during the fourth quarter of 2012 has jumped tremendously to a record high 76 per cent versus a year ago.

Samsung Galaxy S4 with New Eye-Tracking Technology

Samsung introduced in 2012 the feature called Smart Stay technology. The feature keeps the screen on by detecting via front-facing camera to determine if the user is looking at the screen. This feature is included to the Galaxy S3 devices, and it is not based on whether the user's eyes are closed or not.

A Closer Look At Treasury Yields

By Kathleen Brooks, Research Director UK EMEA, FOREX.comIn recent posts we have mentioned the importance of Treasury yields, so I thought it was time to take a closer look at US government debt and the driver of yields going forward.

Google Now Available on Android 4.0 ICS

Google Now is software that acts as an intelligent personal assistant and is the counterpart of the iOS' Siri. It is capable of various tasks such as answering questions, making recommendations, performing actions for web services, and displaying cards in Gmail with information about flight, package tracking, and hotel and restaurant reservations.

The Overnight Report: One Bad Apple

By Greg PeelThe Dow closed up 46, or 0.3%, while the S&P was flat at 1494 and the Nasdaq tanked 0.7%.Rooster one day, feather duster the next.

Australian Stock Market Report – Afternoon 1/24/2013

Consistency has been the by word the the Australian share market this week. The gains have been modest in scale, although the volumes on from time have been surprisingly strong given the holiday period. Today was such a case, with $4.3 billion shares changing hands. From a technical point of view this is quite positive. It highlights the willingness of participants to accept higher prices.

12 Memes to Celebrate Australia’s Trillion Oil Find

News reports that South Australia could be sitting on a vast oilfield worth more than $20 trillion sparked global interest in the oil and gas sector amid rising price of the energy source. It was not just the resource sector that was livened up by Linc Energy's two reports but the cyber world as well.

Australian Stock Market Report – Midday 1/24/2013

The Australian market is improving for the seventh straight session; the longest winning streak in around three months. The All Ordinaries Index (XAO) is up 0.1 per cent or 2.9 pts to 4815. The miners are holding the market back today while the financials are helping to keep the situation a little positive.

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