Following a modest pullback yesterday, the Australian sharemarket is back in the black at lunch with the All Ordinaries Index (XAO) up 0.1 per cent or 2.8 pts to 4740.9. Yesterday the XAO slipped by around 0.1 per cent, however local shares are still up 1.75 per cent so far in 2013 (after five sessions of trade).
Vittorio Hernandez
Jan 08, 2013
Arguably, any plan of any government to raise prices of commodities automatically creates pandemonium on its voting populace. But in Australia, the proposal to increase the prices of cigarettes has been considered a welcome move. Apart from the end goal of increasing the national government's coffers, the plan could help severe the rising number of lung cancer deaths in the country brought by excessive smoking.
Esther Tanquintic-Misa
Jan 08, 2013
It is the year of feature-filled and powerful smartphones and the upcoming Galaxy S4 is no exception. Apart from the super specs that blog reports have attributed to the next Samsung flagship phone, this exciting handset will reportedly deploy with more wireless capabilities.
Erik Pineda
Jan 08, 2013
A handsome face like that of Tom Cruise or Brad Pitt is an asset not only for those who want to pursue a career in show business, but even in the corporate world. A new Australian study said men with attractive face earn $32,150 more than males with average faces.
Vittorio Hernandez
Jan 08, 2013
Call it iPhone 5S or iPhone 6 but analysts are firmly convinced that Apple will introduced two smartphone versions this year – a low-end edition and likely to be named iPhone Mini for a still undetermined debut date and the regular configuration that the tech giant aims to rollout as early as June 2013.
Erik Pineda
Jan 08, 2013
While many smart, high-tech TVs and cars will dominate most of the appearances in the CES 2013 in Las Vegas, Sony, Huawei, and Lenovo will bring some of their new devices to the show.
Vittorio Hernandez
Jan 08, 2013
The engineered glass with combined thinness, lightness, and damage-resistance Gorilla Glass is coming back, more resilient and much better. The developers of this scratch-resistant glass promised that the new version will have 40 per cent reduction of visible scratches, three times resistance against scratches, and has 50 per cent more strength boost.
Vittorio Hernandez
Jan 08, 2013
For 2013, the California-based kitchen appliances maker Dacor will release the first wall oven using Android OS. The wall oven has a dimension of 30 inches and its Android controller is powered by a seven-inch device called Discovery IQ controller.
Vittorio Hernandez
Jan 08, 2013
The Australian Securities and Investments Commission (ASIC) and the Australian Stock Exchange (ASX) started on Monday night investigation of a fake press release that caused losses to Whitehaven Coal (ASX: WHC) and its shareholders.
Vittorio Hernandez
Jan 08, 2013
Cars, more than electronic gadgets, are said to take the centre stage in the ongoing Consumer Electronic Show 2013 in Las Vegas. However, in the case of Hyundai, it will showcase high technology as well with a demonstration of Apple's Siri Eyes Free mode.
Vittorio Hernandez
Jan 08, 2013
Long holidays like the just-ended Christmas and New Year season is a welcome development for most workers because it allowed them rest from job-related stress.
Vittorio Hernandez
Jan 08, 2013
Positive jobs data out of the US on Friday failed to give a boost to local stocks today. The main All Ordinaries Index (XAO) finished slightly lower, down 4.8pts or 0.1pct to 4738.1. On Friday, the S&P 500 Index in the US hit a five year high, while the Dow Jones Index was up 3.8pct on the week, its best weekly win since December 2007 as lawmakers agreed on a deal to avert the fiscal cliff and December jobs numbers came in higher than expected.
Vittorio Hernandez
Jan 07, 2013
The Nexus 7 tablet dock is set to become officially available on Jan 10, 2013, at least for consumers' orders coming from the United States, as recently indicated by B&H on its official site.
Erik Pineda
Jan 07, 2013
Wegelin & Co., the oldest Swiss private bank, said on Thursday it would shut its doors permanently after pleading to a criminal conspiracy charge in the U.S. and admitting that it had helped wealthy Americans for years avoid tens of millions of dollars in taxes.
Lawrence Villamar
Jan 07, 2013
Giant Japanese telco NTT Docomo reportedly partnered with Samsung to deliver an Amber Brown Note to the Land of the Rising Sun.
Erik Pineda
Jan 07, 2013
Australian Olympic boxer Damien Hooper got himself embroiled in a tight fix during the weekend after a night of clubbing at a Queensland nightclub.One of the country's finest boxers is now facing charges before a court of law because of a gruesome night of misbehaving.
Esther Tanquintic-Misa
Jan 07, 2013
Today the Australian share market opened higher with the All Ordinaries Index (XAO) adding 24 points. The Aussie market received a boost from the better than expected non-farm payrolls, Job report, in the states on Friday. As the start of trade the best performing sectors were Industrials, Banks & Energy. In the mining sector the small & medium size miners did better than large players and the media sector was once again listing small gains.
Vittorio Hernandez
Jan 07, 2013
A month after Australia implemented the nationwide plain tobacco packaging law, the state of New South Wales has leveled up the anti-smoking campaign by prohibiting smoking in public places. The new anti-smoking law became effective on Monday, January 7.
Esther Tanquintic-Misa
Jan 07, 2013
Three new Microsoft Surface tablets are reportedly set to be unveiled later this year, joining the first batch that the software giant had simultaneously launched with the Windows 8 in October 2012.
Erik Pineda
Jan 07, 2013
Majority of teenagers now have access to smartphones which they primarily use for basic phone functions, education, social media, and entertainment. But when entertainment needs goes beyond the usual movie and TV fare, pornography is the first thing in mind. Network carriers have filtered these Web sites but teens have found a way around it through sexting - messages and pics that are sexually explicit.
Vittorio Hernandez
Jan 07, 2013
The New Year of 2013 has entered its second week and for many, this week would be back to business as usual. It is another year to make small, medium or large businesses more productive and efficient for loyal customers. Handling a business can be very stressful and demands a lot of time and effort, but through Android and iOS devices and apps, entrepreneurs and corporate executives can enjoy the advantage of having a secret adviser that can do things even when the assistant or accountant is not...
Vittorio Hernandez
Jan 07, 2013
Google has launched an application that lets people follow and track their New Year's Resolution through an online map and also lets them see what others around the world have promised in 2013. The California Internet giant's 2012 Zeitgeist Web site obtained half a million log entries and more than a third involved "to love" or "be loved" entries. The entries are divided into several categories including love, health, finance, career, education and family.
Vittorio Hernandez
Jan 07, 2013
The statement that Gina Rinehart has oodles of money is a given fact. Two years' worth of financial statements published by the Australian Securities and Investment Commission (ASIC) covering the years 2010 and 2011 said that profits of Hancock Prospecting, owned by Ms Rinehart, rose to $1.2 billion as of mid-2011 from $225 million in June 2009.
Vittorio Hernandez
Jan 07, 2013
2012 December will be long remembered by luxury carmakers, including BMW AG, Mercedes-Benz, Audi and others, as they saw record luxury car sales in the U.S. market. BMW AG indeed preformed so good in the last month of the year as it saw an increase of approximately 39 percent for the period in the U.S., topping Mercedes-Benz in luxury car sales for 2012.
Jamelle Agbuis
Jan 07, 2013
Transocean Ltd. agreed to pay as much as $1.4 billion to settle civil and criminal claims over Gulf oil spill in 2010, the U.S. Department of Justice informed on the 3rd of January. The offshore driller also conceded that its team was partly liable for the 2010 Deepwater Horizon accident in the Gulf of Mexico.
Jamelle Agbuis
Jan 07, 2013
Latest data showed a surprising drop in activity in the UK services sector. The visible decline in the services sector in December is the first decrease in about two years. The fall raises fears that the UK economy might enter triple-dip recession.
Jamelle Agbuis
Jan 07, 2013
Mark Zuckerberg should better watch out. His potential successors are getting younger. One such chap even shares with him the same initials - ZM - which stands for Zachary Marks.
Vittorio Hernandez
Jan 07, 2013
Patrick Dempsey's Global Baristas LLC informed that its bid for Seattle-based Tully's Coffee was accepted. Also Starbucks Corp. and Baristas Coffee Co. took part in a bankruptcy auction. The "McDreamy" Patrick Dempsey's company is to pay approximately $9.15 million for a small coffee chain.
Jamelle Agbuis
Jan 07, 2013
HTC M7 will be unleashed first quarter of 2013 but it remains unclear if the smartphone will be previewed on this week’s Consumer Electronics Show in Las Vegas following conflicting reports that the gadget is slated for a Mobile World Congress debut in February.
Erik Pineda
Jan 07, 2013
Some of the excitement surrounding the U.S budget legislation seemed to die off today. The Australian sharemarket lost a little ground today for the first time this year after a strong start to 2013. The All Ordinaries Index (XAO) slipped by just 0.4 per cent or 18.5 pts to 4742.9, however improved by over 1.2 per cent this week. Aussie shares are currently trading at 19-month highs, and Wednesday was the best start to a new year in over a decade.
Vittorio Hernandez
Jan 04, 2013