BUSINESS

It's the banks, not their customers, who actually wind up owing each other money...

The large rally over the last six months is beginning to have its desired effect. Investors sitting on the sidelines are now being forced into the stock market due to their fear of missing out on further upside.

Another Galaxy phone is coming down to Earth, courtesy of Samsung, which announced on Thursday the commercial availability of the Galaxy S2 Plus.

Parents of avid video gamers may well heave a sigh of relief as the Australian Government Classification Board made good its promise to include video games in monitored forms of media receiving children's attention and patronage. The first casualty of the expanded law which took effect January 1, 2013 was the upcoming Ninja Gaiden 3: Razor's Edge meant for Nintendo's Wii U console.

This week has been a balanced affair, with shares losing value on Monday and Tuesday only to make up for the losses on Wednesday and Thursday. At lunch, the All Ordinaries Index (XAO) is down just 1.5 pts to 4743.7.

Nokia’s new flagship smartphones have reached the Indian shores, opening up another important front for the Lumia 920 and Lumia 820, which have been revving up the Finnish firm’s global mobile phone thrust.

Coles and Woolworths are continuing through 2013 their battle for supremacy in the supermarket industry by renewing their milk price war. Both retailers have cut to $1 per litre their milk products.

Huawei has confirmed and made official that their most powerful smartphone yet will be released soon - the Ascend Mate. But Android users and even iOS should watch out as ZTE will have a device of their own to contend Huawei's outrageous mobile device.

You and your Nexus 4 (lucky you) may want to extend the possibilities that this powerful smartphone, powered by stock version of Android, can do. BootUnlocker is the answer, according to folks at RedmondPie.com.

Before, smartphones and tablets were two distinct devices which were separated by their size and functionality. Apps for tablets usually do not run in smartphones until developers made them optimised for it. But with the birth of Samsung Galaxy Note, everything changed.

Alcatel is one of the tech companies that offers inexpensive devices but equipped with decent technology and latest software. Recently, Alcatel introduced their new line up of cheap tablets running Android OS platform called One Touch Tab.

On the the 9th of January, retailer Marks & Spencer PLC posted its third quarter results few hours earlier than expected as its data had been leaked by unknown source.

The competitions are gathering strength, and it is more imperative for Apple to tinker with its business model and release a cheaper iPhone version this year, which a number of analysts have been suggesting.

The Nexus 4 remains on the back-order status, latest check on Google Play store showed, which allowed unofficial channels to offer the Google-LG handset but with significantly bloated price tags.

Better than expected Chinese data helped propel the share market today, following a flat start to the day's trade. The All Ordinaries Index (XAO) closed firmer by 15.1pts or 0.3pct to 4745.2 after hitting an intra-day low of 4723pts.

As bushfires in Australia's most populous region has yet to abate, government authorities are now seeking more volunteers as local firefighters could no longer attend to the growing number of incidents on an hourly basis.

Speculations abound that Samsung will let loose its latest flagship smartphone, the Galaxy S4, anytime within Q2 2013 but one important component could actually determine the gadget’s market debut.

Panasonic debuted two new Toughpads at the ongoing CES in Las Vegas this week, keeping its tradition of providing mobile computing machines that are able to withstand all forms of abuse and neglects.

Following a slight improvement for the local market yesterday, Australian shares are trading in the red for the fourth time in five sessions. Volume is still light on, however has started to pick up modestly over the past few days. All major sharemarkets around the world are trading normally today.

It's been around longer than any official, state sanctioned economy. Call it, if you like, the 'original' economy. It is resilient. It is adaptive. And it will continue to exist and thrive regardless of whatever financial crisis slams the rest of the world in the future.

Why Australia’s Trade Deficit Can Only Grow Our Woes

A report by Commonwealth Bank infrastructure analysts titled Sydney Versus the World, released on Thursday, estimated Australia's premier gateway will reach its full capacity by 2025.

A lot of devices have been announced at the ongoing CES 2013 in Las Vegas and one of them is the ZTE Grand S. The said device has made official as well by ZTE and it's the sign that the company is back in the game.

T-Mobile is the last among four major U.S. network carriers to begin official offers of the famous iOS device - the iPhone. The said network has 1.9 million iPhone units running on T-Mobile network and will make its launch later this year. The carrier will begin selling iPhone within the next three to four months.

There is no stopping Samsung on making awesome innovations and development to maneuver amazing hardware engineering to mobile phones. The Samsung Youm, featuring eye-catching flexible screens, has made its debut at the ongoing CES 2013 in Las Vegas.

Prison term and hefty fines await Jonathan Moylan of the green group Frontline Action on Coal if the Australian Securities and Investment Commission (ASIC) could prove that he violated laws by sending a fake press released that wiped out $314 million from miner Whitehaven Coal (ASX: WHC).

Chris Hadfield is just no plain Commander of NASA's International Space Station. He is also once photography aficionado. And this passion has helped the world see for itself the massive 'catastrophic' bushfires that is currently raging on in Australia.

How profitable the Galaxy S3 and the Galaxy Note 2 are for Samsung? It is widely believed that the South Korean tech giant’s $US8.3 billion of operating profit in the fourth quarter of 2012 was largely delivered by its mobile division business.

Local stocks rose today, reversing most of yesterday's losses, despite falls on Wall Street overnight and weaker than expected retail sales data. By close of trade, the All Ordinaries Index (XAO) rose by 17.8pts or 0.4pct to finish at 4730.1.