BUSINESS

iPhone 5 Spoofs: Apple Maps, Chinese Workers, Siri

Apple, the tech giant, is cutting orders of screens and other components used to manufacture iPhone devices due to weak sales of the iPhone 5. Its rival, Samsung marches on as the company reached the 100 million mark of Galaxy S sales in the mobile market.

Facebook Challenges Google, Launches Own Search Engine

In what seemed to be a subtle way of overturning Google's dominance in the search engine arena on the World Wide Web, Facebook launched on Tuesday its New Graph Search that enables its more than 1 billion users discover people, photos, places and interests. Well, at least for now.
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Australian Stock Market Report – Afternoon 1/15/2013

Local stocks ended slightly lower on Tuesday. Market news was a less a factor behind the weaker tone, rather it was a couple of unsuccessful attempts to make new session highs in the morning that provided sellers with some encouragement and over the course of the afternoon the index lost ground.

Why Cheap Energy Could Be the Key for BlueScope Steel

Ben Bernanke gives a speech on Monday in the US. He may try to 'walk-back' the minutes of the December Federal Open Market Committee meeting. Those minutes suggested that at least one FOMC member wants to end the Fed's bond buying program this year. If he's feeling bold, Bernanke will fly the inflationist flag.

Overexposed to the Curse of Once-Off Economic Growth

The good thing about digging holes is that you can fill them back up again. You get two bursts of economic activity from the one project. Heck, you could employ two people to do the job instead of just one. A hole digger and a hole filler.

China’s GDP: Still Making Up the Numbers

Well here we go. Let the countdown begin. China's fourth quarter GDP numbers come out on Friday. We reckon most of the run up in the All Ords to 4751 has been in anticipation of good news. If form holds, stocks will trade down once the news is in.

Australian Stock Market Report – Midday 1/15/2013

The Australian sharemarket is off to a positive start for the second consecutive session, with the All Ordinaries Index (XAO) up 0.2 per cent or 8.1 pts to 4753.8. Global markets overnight ended mostly higher, with the Dow up 0.14 per cent, while shares in Germany and France also improved modestly.

Five Common Apps for Android, iOS

There are hundreds of thousands of application that can be downloaded from Google Play and iTunes for their respective devices. Before, most of these applications are exclusive to either Android or iOS, but now, developers have optimised their applications to make them usable to both OS platforms, increasing their target market users.

Uranium And A Slow Road To Recovery

By Andrew NelsonAs the old curse goes; may you live in interesting times. And for the uranium market, last year contained surely some interesting times.

6 Provocative Financial Predictions for 2013 and Beyond

Someday, someone will fund an academic study identifying the crevice in the human brain that craves year-end predictions for the coming 12 months. Wherever it resides, it is undeniably strong and far more prevalent among the populace than the craving for news about, say, the 'fiscal cliff' or the New York Jets' quarterback saga.

iPhone Fever Cools Down

iPhone's steady hold on the smartphone market is growing weaker as months go by in the never-ending battle against Android mobile devices. The signs of weakness begin to show as Apple cut the orders of screens and other components by 50 per cent.

A Sing in the Top of the Aussie Dollar

Jacob Lew has been nominated to be the next Treasury Secretary of the United States. Mr Lew is an Obama Administration loyalist and insider, and is committed to the President's strategy of taxing his way out of America's $16.4 trillion deficit.

China Relies More on Domestic Supply Due to Higher Prices of Iron Ore

While Australian miners are happy with the strengthening of iron ore prices in the global market, their glee may be short lived. Reports said that in response to iron ore price rising to $158.50 a tonne from a low of $86 in 2012 has prompted Chinese steelmakers to prefer domestic supplies.

Rudi's View: Books I Read In 2012

By Rudi Filapek-Vandyck, Editor FNArenaA few years ago I spent my December holidays traveling through Zimbabwe, to study a widely unknown economy recovering from a decade of hyperinflation.

Australian Stock Market Report – Afternoon 1/14/2013

Local stocks edged higher in a session that delivered few insights, although the overarching tone for markets appears reasonably constructive. At face value it appears as though the main risk would be skewed towards investors being underweight (local) stocks as prices grind higher. This view will be put to the test later in the week with several key data releases locally and elsewhere, in addition to the 2nd week of the US reporting season and a Bernanke speech, all of which could have a durable...

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