BUSINESS

Australian Stock Market Report – Afternoon 11/15/2012

The Australian sharemarket lost ground for the third time in four days, with the All Ordinaries Index (XAO) falling by 0.9 per cent or 40.1 pts to 4370.6. So far, this has been the worst performance by the local market in half a year while shares are also trading at around two-month lows.
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Australian LNG Projects Get Pricey

'Boom crash opera!' In keeping with this week's musical theme, that's how we'd describe yesterday's drama in the Australian share market. The ASX/200 fell over one and a half per cent by the close. It was an equal opportunity blood-letting, with the banks and the miners being hit.

Avoid the Slaughter: Watch This Key Stock Market Pointer

Last week I said 'Look out for a very sharp sell-off in the S+P 500 once it snaps beneath the 1390-1400 area, which is currently providing strong support. It will only take one nasty night to break through and then we will see a distinct shift in momentum.'

China's Growth May Be Ten Percent

By Greg PeelIt is a truth universally acknowledged that official Chinese data are rubbery at best. As to just how rubbery, or worse still, manipulated, they are is anyone's guess, given the difficulty of foreign access to Chinese data and the lack of a reliable database for Beijing to use in th...

Australian Stock Market Report – Afternoon 11/14/2012

The selling of recent sessions subsided for regional stocks today, although investors remain vigilante. The price action on global markets in the last day has been less than encouraging. Political developments on either side of the Atlantic will continue to be the main influence of sentiment in the near term.

China Gold!

The city is on lockdown. Street vendors are closed. Taxi drivers have been ordered to seal their windows to prevent seditious material from being leafletted in the main square.

Black Ops 2 Begins Race for $1B Revenue Target

Expectations run high for the latest Call of Duty game franchise, the Black Ops 2, according to analysts, because previous releases of the Activision pedigree had delivered hundreds of millions in revenues within 24 hours of reaching global store shelves.

Australian Stock Market Report – Midday 11/14/2012

The Australian sharemarket started the day in mixed fashion; however is currently improving thanks in part to some solid economic numbers. The All Ordinaries Index (XAO) is up 0.1 per cent or 5.1 pts to 4409.3. The energy, mining and industrial sectors are trading in the red while other sectors are higher. This is the first time in five sessions the local market is improving.

How to Prepare Yourself for a Stock Market Attack

The stock market is not exactly a model of orderly progress, is it? The New York Stock Exchange (NYSE) became the latest bourse to experience a 'glitch' yesterday. Volume was light on the NYSE because trading in 216 of its 3825 stocks was suspended. The exchange's matching engine wasn't functioning properly.

Chief of BBC Quits over Failures Regarding Shoddy Journalism

The director general, George Entwistle resigned from BBC within two months of commencing his job, after the broadcaster that is funded by the state had put out a programme that was marked by the chairman as nothing but shoddy journalism in BBC.

Strong Consumer Data Helps Improve Prices of Oil, US Stocks

The rise in price of oil and improved stocks in the US on Friday was more than five years, owing to the sentiment of the consumers, exceeding concerns that the US fiscal cliff and the financial woes of Europe may result in global recession.

Will the 5 Strong Features Help Sony Sell 50 Million Xperia Units in 2013?

Sony, once one of the leading electronic brands in the world, has slipped in comparison to other telecom companies such as Apple and Samsung in terms of sales and popularity of products. However, the Japan-based company could still count on the strong features of its products in a bid to reassert its place in the marketplace. For 2013, Sony targets to ship 50 million Xperia smartphones, relying mainly on Xperia T and TL, which were featured in Skyfall, the latest James Bond movie.

Australian Stock Market Report – Afternoon 11/13/2012

The Australian sharemarket had its biggest fall since 23 July, with the All Ordinaries Index (XAO) slumping by 1.5 per cent or 65.7 pts to 4404.2. Shares ended in the red for the fourth straight session; making it the longest losing streak for our market in four months. Relatively disappointing economic news out this morning also did the market no favours.

Activision Unleashes Black Ops 2, Tipped to Gross $1B+

Activision’s ‘Call of Duty: Black Ops 2’ will hit global store shelves on Nov 13 and this early the highly-anticipated game title is projected to quickly breach the $1 billion mark, easily breaking the record sales set in 2011 by its immediate CoD predecessor.

Oz Business Conditions Worst In Three Years

- Business confidence worst since 2009- Confidence persistently weak- Mining losing the faith- GDP forecasts below trendBy Greg PeelNational Australia Bank's monthly business survey uses various measures to crunch an index-style reading for business "conditions" and "confidence" on a zero-neutr...

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