BUSINESS

Australian Stock Market Report – Midday 10/31/2012

The Australian sharemarket is improving for the third straight session, with the All Ordinaries Index (XAO) up 0.8 per cent or 34.3 pts to 4540. All sectors are rising with the mining, healthcare and telecommunication industries the standouts. This is despite the closure of U.S markets last night for the second consecutive day due to bad weather. This was the first time in 124 years the American markets closed due to bad weather for two sessions in a row.
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Sony Xperia SL vs LG Optimus G vs Motorola RAZR i

New smartphone and similar devices had been released recently by familiar names in the technology business such as Samsung, Apple, ASUS and Microsoft, bearing different flagships from three operating systems - Android, iOS and Windows. But they are not the only ones competing in the tech war, Sony, LG, and Motorola have their own devices with Android OS to join the fray for enthusiasts and users, the Xperia SL, Optimus G and RAZR I, respectively.

Hurricane Sandy for Stimulus

Investors must have been wondering how long the good weather would last...how long it could last. Stocks have been on the up and up since March of 2008, the nadir of the crisis. They've doubled from then 'till now.

Australia’s Asian White Policy Economy

According to the Australian government, Australia's economic future lies overseas. An economic boom in Asia is going to define Australian prosperity. Government publications, slide shows and statistics all show how important foreign growth is.

Minor Gain on Wall Street Leads to Fall in Apple

Stocks managed small gains on Wall Street another lackluster Wall Street trading session on the 25th of October, with doubts surrounding weak business ventures keeping most investors cautious.

Microsoft CEO: No Exciting Numbers for Windows 8

How is Windows 8 faring so far? If Microsoft chief executive Steve Ballmer is to be believed, products running the cross-platform operating system are getting their shares of ‘wow’ compliments from admirers.

Russia to Build 3,200KM Gas Pipeline to Asia

Russian President Vladimir Putin has ordered Gazprom, the country's pipeline gas export monopoly, to build a 3,200km pipeline from East Siberia to the Pacific port of Vladivostok, reported Reuters on Monday, in an attempt to reduce the nation's reliance on exports to Europe and develop closer ties with Asian customers.

Australian Stock Market Report – Midday 10/30/2012

Local stocks are trading modestly higher at lunchtime in the East, despite falls on the Canadian and European markets overnight. All US markets were closed due to Hurricane Sandy, which is currently bearing down on New York City. It's expected US markets will also close tonight (Tuesday) - which will be the first time bad weather has forced the closure of the NYSE for two consecutive sessions since 1888. The last time a Hurricane closed the NYSE for one day was in 1985. Nearing lunchtime in t...

Virgin Australia Scores 3-in-1 Aviation Deals

In what could be an unprecedented strategy to propel its business, Virgin Australia divested a 10 per cent stake to Singapore Airlines Ltd., effectively collecting enough funds that will enable it to get a 60 per cent hold of Tiger Airways Australia and full control of Perth-based regional carrier Skywest Airlines Ltd.

The Overnight Report: Sandy Blasted

By Greg PeelThe NYSE, Nasdaq and other smaller US exchanges were closed last night for all forms of trading by agreement of those exchanges.

Nokia Lumia Battles: 800 vs 920

A few years ago, Nokia was the top mobile phone with users comparing one Nokia model with another handset from the same Finnish company. Nokia attempts to recapture its glory, lost to Apple and Samsung mainly, by launching its Lumia series.

Super Saturday Sells Over 2,400 Auctioned Properties in Australia

Australia's housing market is improving based on the results of Super Saturday the country's biggest auction day of the year. Held between the football grand finals and the Melbourne Cup, the auction on Oct 27 resulted in sale of more than 2,400 properties in a single day.

Windows 8 All Device Exclusives: To Ditch iOS and Android Devices?

There are several changes and improvements from Windows 7 to Windows 8 on computers, tablets and smartphones. Windows 8 has allowed these three classifications of devices to sync with each other and even allows one another to use features that are normally exclusive to just one type.

LG Optimus G vs Motorola RAZR i

LG recently released a new addition to its Optimus line of smartphones, offering a high speed, latest technology and durable device.

Australian Stock Market Report – Midday 10/29/2012

The Australian sharemarket is kicking off the week in positive fashion, with the All Ordinaries Index (XAO) edging higher by 0.4 per cent or 16 pts to 4512.3 at lunch. Most sectors are improving, with the exception of the defensive healthcare and telco sectors.

Iron Ore Rebound Peaking?

- Iron ore price rebound complete- Restocking phase may now slow- Prices expected to drift back until next yearBy Greg PeelFor most of the year analysts had decided US$120/t was a reliable floor for Chinese spot iron ore prices.

Union Members Halted on Working on Pre-1983 Homes

The Electrical Trades Union (ETU) has ordered its members of stop working on electric meters in homes constructed before 1983. The order is in response to a hazard warning that Sydney-based company, Endeavor Energy, issued to its workers due to risks from asbestos exposure.

Australian Stock Market Report – Afternoon 10/26/2012

Investors were faced with a variety of news over the last 5 trading days. A large number of companies have hosted investors at AGM's. The Mid week release of higher than expected QIII CPI numbers startled interest rate and equity markets, whilst the local currency ran higher. WA and NSW were put on negative credit watch by Standard and Poors. Historically such an outcome would have seen a substantial down draught for the currency. Regional stock indices seemed unimpressed by an improved read ...

Microsoft Surface vs Dell XPS 12: Price War

American PC maker Dell is gearing up for a price war with the newly released Microsoft Surface by placing on its Web site the XPS 10, its 10.1-inch Windows RT table, as available for pre-order.

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