The Australian sharemarket has wiped out most of last Friday's impressive gains, with the All Ordinaries Index (XAO) down 1.3 per cent or 66.2 pts to 5063.1. Cyprus, the Eurozone's third smallest economy has received a €10 billion assistance package, backed by the International Monetary Fund (IMF). A one-off tax of as much as 10 per cent on Cypriot deposit accounts has created some concerns of bank runs.
Vittorio Hernandez
Mar 18, 2013
While it is likely that Retina on iPad Mini 2 will come out this year, Google will beat out Apple in the tablet high resolution race with the Nexus 7 possibly flashing denser screen pixels a bit earlier, a new report said.
Erik Pineda
Mar 18, 2013
In just within five years, China's outbound shipments of arms weapons zoomed 162 per cent, outstripping Britain to become the world's fifth top exporter of weapons and ammunition.
Esther Tanquintic-Misa
Mar 18, 2013
It is but expected, Apple will not sit idly while Samsung gallops its way to new heights of success via the new Android flagship Galaxy S IV and the tech giant claims four reasons why iPhone remains the best smartphone option.
Erik Pineda
Mar 18, 2013
Google and LG are reportedly collaborating anew for an October 2013 release of the more powerful Nexus 5.
Erik Pineda
Mar 18, 2013
By Andrew NelsonThe FNArena Database shows six Buy calls and two Hold calls and nearly 14% upside to the consensus price target for oil & gas explorer/developer Oil Search ((OSH)).
Admin System
Mar 18, 2013
Existing rankings of the best and easiest places to do business are created, namely, for those who seek the opportunity of expanding their businesses but they are not sure where exactly to do it and which place gives countless opportunities to earn money, just to say it in the simplest way.
Jamelle Agbuis
Mar 18, 2013
Seven Situations to Watch in the Pacific Currency War
Jamelle Agbuis
Mar 18, 2013
Tech analysts said over the weekend that South Korean giant Samsung's latest flagship smartphone, the Galaxy S4, would likely continue to attract buyers, particularly Asians.
Vittorio Hernandez
Mar 18, 2013
Philips has beaten South Korean tech giant Samsung in rolling out the world's first transparent TV for commercial sale. TP Vision, which is a joint venture between Philips and TP Technology, unboxed on Thursday the PDL8908 DesignLine television sets which feature a unibody glass chassis from the top to the floor.
Vittorio Hernandez
Mar 18, 2013
Australia's largest gambling business, the Crown Casino in Melbourne, lost $32 million to a foreign high-stakes gambler who used an Ocean Eleven-style heist, reports said.
Vittorio Hernandez
Mar 18, 2013
Online file-storage service Dropbox announced over the weekend its purchase of the new iPhone email application Mailbox.
Vittorio Hernandez
Mar 18, 2013
The analyst principally responsible for the production of this research report is: Howard Humphreys, Director & Lead Research Analyst, Seismic ResearchAsian stocks plummet on Cyprus deposit levyThe euro fell to its lowest level this year against the dollar, while Japanese and U.
Admin System
Mar 18, 2013
The Australian sharemarket rose by 1.7 per cent today, largely making up for three consecutive days of weakness. Even when taking into account today's gains, the All Ordinaries index has slipped by 0.16 per cent over the past five sessions. Since the start of January 2013, the local market has jumped by 9.96 per cent, making it the best start to a new year in 21 years. Today was the biggest daily improvement for the All Ords since mid-July 2012.
Vittorio Hernandez
Mar 15, 2013
A study by Flurry Analytics found that apps the average smartphone user spends two hours daily with app, twice the amount of time spent in 2011. While many apps are considered productive, one alarming discover of the report is that 43 per cent of the apps were for games such as the popular Angry Birds.
Vittorio Hernandez
Mar 15, 2013
Everything that loyal Samsung fans had waited for were there but one oversight emerged – the Galaxy S4 will skip out the wireless charging previously seen on competitions like the Nexus 4.
Erik Pineda
Mar 15, 2013
Let's kick off today's Daily Reckoning with a chart. It might give you an important clue into just what's going on in the global economy.
Jamelle Agbuis
Mar 15, 2013
Fairfax Media has today announced that the Commercial Real Estate brand will be adopted for all commercial property media assets across print and digital via commercialrealestate.com.au
Jamelle Agbuis
Mar 15, 2013
As far as we're concerned, the most interesting thing to happen this week is the fact that the Commonwealth Bank (CBA) now has a market capitalisation equal to that of BHP. Or at least we thought it did after glancing at this article. Which just goes to show you shouldn't believe everything you read.
Jamelle Agbuis
Mar 15, 2013
HOUSL last week announced that Greg Ellis, the CEO of REA Group (RealEstate.com.au) has invested in the HOUSL business.
Jamelle Agbuis
Mar 15, 2013
When you get too much credit growth, you usually get goods and services inflation as a result. That's especially the case in developing economies that don't have sophisticated financial markets to soak up all the credit growth and translate it into 'beneficial' asset price inflation.
Jamelle Agbuis
Mar 15, 2013
Simon Walker, the director general of the Institute of Directors, sharply criticized UK's banks such as Barclays and Royal Bank of Scotland for offering excessive employee compensation in the form of wages and bonuses. Moreover, Simon Walker has underlined that UK's banking industry is being harmed by bankers' short-term self interest as banks are breaching the bonus cap formulated by the European Union.
Jamelle Agbuis
Mar 15, 2013
The rumours, at least most of them, proved true and Samsung Galaxy S4 generally came out as consumers would want it to be – thin, light, smooth, eye-candy, power-packed and brimming with features that seem to convince every penny is worth the buy.
Erik Pineda
Mar 15, 2013
ASUS began releasing Android 4.2 Jelly Bean update for Transformer Pad 300 in early March, and it is the first non-Nexus tablet to receive one. ASUS released a full 4.2.1 ROM for the TF300 available via OTA or direct download.
Ryan Inoyori
Mar 15, 2013
After three sessions of losses, local stocks are back in the black today, being lifted by another win on Wall Street and strength in European markets.
Vittorio Hernandez
Mar 15, 2013
How is Apple dealing with the increasingly rising market threat that is Samsung? The iPhone maker, it appears, is playing the Galaxy manufacturer’s game – selling as many handsets as conceivable to all market segments.
Erik Pineda
Mar 15, 2013
The two most popular social networking sites, Facebook and Twitter, are adding features to their Web sites in a bid to improve user experience and entrench their hold on the market.
Vittorio Hernandez
Mar 15, 2013
Australian flag carrier Qantas (ASX: QAN) is determined to regain its lost glory as the country's premier airline. In a bid to get a larger slice of the domestic market it partly lost to Virgin Australia, Qantas said it will double the capacity for every plane that Virgin deploys.
Vittorio Hernandez
Mar 15, 2013
Nexus 5 has inspired two interesting ideas that render a very powerful and attractive image of the upcoming Google device – a power-packed CPU that breaks the 2.0GHz barrier with a price tag of less than $100.
Erik Pineda
Mar 15, 2013
While too many eyes are trained on Samsung Galaxy S4 at the moment, the tech giant is collaborating with Amazon to keep its outgoing flagships’ brisk sales and the result – the Galaxy S3 now sells for a penny while the Galaxy Note flies away for as low as $US70.
Erik Pineda
Mar 15, 2013