Diamonds Are Forever….Extremely Expensive
Diamonds Are Forever….Extremely Expensive
EU Leaders Step Closer To Cutting Costs
European Union leaders are on the edge of agreeing to the terms of cutting costs after David Cameron proposed cuts by approximately €30 billion in the seven-year budget package. The European cuts will be briefed and decided over all-night talks in Brussels.
Analysts Forecast 12-52% Boost in Earnings for Miners if Iron Ore Price of $150 a Tonne Will Be Sustained Till June
With the economic recovery of China on the horizon, analysts are forecasting higher earnings for Australian miners if iron ore's current price of $150 per tonne would be sustained for the next few months.
Australian Stock Market Report – Afternoon 2/8/2013
Local stocks ended the week on a sound footing as investors continued to push the index towards the 5000 mark. The re-emergence of European political risk has been one of the main themes for investors globally this week. The local experience suggested that investors were willing to support the market in the face of the modest amount of weakness that was on offer in recent days.Some of the main points of the day included, The stock market hitting a 22-month high, miner Newcrest reporting half yea...
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Small Businesses Dubbed ‘New Social Butterflies’ by Study
In the business world, social media is emerging as the great equalizer, especially for small businesses who are flocking to it like . . . well . . . social butterflies.
India to See its Economic Growth Slow Down to 5%
On the 7th of February, the government of India informed that economic growth would slow down to 5 percent in the fiscal year ending March.
Westpac Initiates Loan War: Cuts Interest on 2-Year Fixed Rate Loans by 40 Basis Points
While the big four in Australia in 2012 defied the Reserve Bank of Australia's (RBA) policy decision on overnight cash rate by pocketing some of the rate cuts instead of passing it fully to borrows, the banks appear to have a different approach for 2013.
Australian Stock Market Report – Midday 2/8/2013
The Australian sharemarket is improving for the third consecutive session, with the All Ordinaries Index (XAO) up 0.2 per cent or 11.6 pts to 4967.4, despite a slow start to this morning. Over the past five trading sessions, the XAO has edged higher by almost 0.5 per cent. If the market can maintain its gains for the duration of the session and economic news out of China doesn't disappoint this afternoon, this will make it four consecutive weeks of improvement.
New Image Renders Point to an ‘iPad Mini-Look’ for the Upcoming iPad 5
New image renders of the fifth generation iPad suggest Apple is trimming down on the overall size and heft of the upcoming slate without touching its original screen size of 9.7 inches.
New Galaxy S4 Rumour: Samsung’s Flagship Smartphone Will Have ‘Floating Touch’ Capability
Imagine navigating through your smartphone without even touching it? Samsung would love to see such feature via the upcoming Galaxy S4 and the South Korean company is not thinking about a Siri-like addition to its next flagship mobile device.
Purported Image, Specs of 5.5-Inch, Quad-Core LG Optimus G Pro Leaked Out
LG’s Optimus G will soon hit Australian shores but the South Korean is prepping another gorgeous handset that for sure Aussies wouldn’t mind tinkering with – the 5.5-inch LG Optimus G Pro.
Galaxy Note GT-N5100 Debuts at MWC 2013, $529 per Unit
Samsung is already used to rumours spreading about every single device it makes, and it cannot be helped if fans, critics, and loyalist keep on looking on every move from the South Korean tech giant.
Motorola RAZR M Updates to Jellybean 4.1.2 Firmware with Cyanogen Mod 10
Motorola is really pushing hard for the updates of its devices that run on Android OS. Since the start of 2013, Motorola has been rolling out updates for Droid RAZR and RAZR Maxx, but still a lot more needs to be done to finish updates for all devices that belong to the RAZR family.
Galaxy S3 Mini I8190 Official Jellybean 4.1.2 from Samsung
The Samsung Galaxy S3 Mini has easily gained its Jellybean 4.1.2 update, unlike with other devices that were released before it. It is now added to those smartphones list which has received a new update with new features added. Samsung is keeping its word that updates are running on all their devices.
The Overnight Report: Draghi Enlists
By Greg PeelThe Dow closed down 42 points, or 0.3%, while the S&P lost 0.2% to 1509 and the Nasdaq eased back 0.
Australian Stock Market Report – Afternoon 2/7/2013
The local share market consolidated against a mixed picture for International and regional indices on Thursday. Local employment data generated conversation about the RBA's next move on rates whilst corporate news was on tap from a host of corporates including National Australia Bank and Telstra.
US-China Relations: War in 2013?
War between the US and China - an unpleasant thought, for sure...unless you happen to be a defense contractor. The threat of war could be sufficient to power the US defense industry's profit growth for many years.
Japanese Paper Affirms Feb 20 Launch of Sony’s PS4 with Likely $400+ Price Tag
Sony is pushing through with the reported Feb 20 preview of the new PlayStation 4 in New York, with a new report indicating that the refreshed gaming console will carry a price tag of just over $US400.
Apple’s iTunes Marks 25B Music Downloads: Tosses €10,000 Gift Card to German Student
Meet German student Phillip Luepke. Apple credited him as responsible for iTunes’ 25 billion music downloads as of Wednesday this week.
Gina Rinehart’s JV Partner Discovers High-Quality Coal Near Bundaberg
While Gina Rinehart remains Australia's richest person despite the reduction of her wealth by almost $1 billion to $17 billion due mainly to lower commodity prices, the mining magnate appears to be set on recovering her lost fortune.
Standard and Poor’s Blamed For Defrauding Investors
Standard and Poor’s Blamed For Defrauding Investors
ArcelorMittal Posts Loss for Q4 but Forecasts Improvement in 2013
On the 6th of February, ArcelorMittal SA informed that it reported a big loss for the final quarter due to weak Europe's demand for steel and write-downs in the value of its assets. However, the world's largest steelmaker informed that demand for steel would improve in 2013. Also the company's earnings are expected to improve during the year.
Samsung Taiwan Reveals Cute Galaxy Note 2 in Pink [Slideshow]
The Galaxy Note 2 now comes in pink and will initially release in Taiwan, as advertised by Samsung’s official site in the island nation.
Australian Stock Market Report – Midday 2/7/2013
The Australian sharemarket kicked the session off in the red for the third time this week, however is managing to recover at lunch. The All Ordinaries Index (XAO) is up by 0.1 per cent or 3.9 pts to 4944.4. A number of the largest companies on the local market have issued their profit numbers this morning.
British Petroleum Reports Declining Profits
British Petroleum Plc posted a 72 percent slump in the fourth fiscal quarter profits as the company had to pay a heavy fine and restructuring charges regarding the Deepwater Horizon oil spill. Also a fall in the production of oil and gas led to weak fourth quarter profits.
Get Out of the Stock Market – and Into This
Never was working-class Baltimore happier with its lot in life. Neighbors greeted each other with a smile. Co-workers exchanged stories...laughed...and slapped each other on the backs.
Apple’s iPhone 5S : Analysts Don't Expect Major Tweaks
Expect no major facelift in the upcoming iPhone 5S following reports that Apple is dialling down its budget allocation for component purchases in Q1 2013.
Google-LG Nexus 4 on T-Mobile Sells at Online Seller 'Let’s Talk' at $US76.49
Want the LG Nexus 4 for roughly $US77? For those able to access T-Mobile’s network the Google handset is up for grabs courtesy of online retailer Let’s Talk, which offers the deal to new and existing subscribers of the U.S. telco.
Australian Investors' Cash Holdings Lowest Since H1 2011
Australian investors have turned decidedly bullish over the past few months, right along with the improvement in global equity markets.
How Australia-China Relations Are Caught in the Monetary Battle Space
In today's Daily Reckoning we revisit an old friend: China. That is, we revisit the importance of China to Australia's economic, political, and demographic future. And we'll take a look at China's large influence on Australia's present. And since we're talking Pacific Powers in the Asian Century, Japan will make a cameo appearance.
Android Authority Gives Away Google Nexus 4 to Loyal Fans
Android Authority celebrates having 100,000 YouTube subscribers by giving away Google Nexus 4 to its loyal fans. The procedure to get a giveaway is relative easy. It only requires a name and email address in a widget located at the bottom of the promo page.
Samsung to Unwrap Galaxy S4 on March 15; Aussies Will Get the Android Phone May or June
Samsung’s Galaxy S4 will be introduced a bit earlier, likely on March 15 then the commercial release will follow on the first week of April, according to new reports by Samsung-centric blog site SamMobile.
Bestselling Online Deals from Dell as Company Returns to Private Owners
Dell is taking a tough road this year as it goes private with a $24.4 billion deal. The founder of the computer company, Michael Dell, in partnership with Silver Lake, made a striking deal to take back Dell in the biggest buyback in history since the 2008 global financial crisis.
ASUS VivoTab vs Lenovo IdeaPad Yoga 11
The tech world is beginning to shift from desktop computer units to notebooks which can be used as a computer and a tablet featuring Windows 8 and touchscreen capabilities.
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