Westpac shareholders approved on Thursday a $9.6 million compensation package for the bank's chief executive, Gail Kelly. Over 88 per cent of stockholders gave the green light for the pay packet.
Vittorio Hernandez
Dec 14, 2012
By Greg PeelThe Dow fell 74 points, or 0.6%, while the S&P lost 0.6% to 1419 and the Nasdaq dropped 0.
Admin System
Dec 14, 2012
The Australian stock market traded through a narrow 15 point range on Thursday to end the session flat, although it remained within sight of 16 month highs.
Vittorio Hernandez
Dec 13, 2012
By its price alone, at $US199, the HTC Droid DNA is an open invite for Christmas shoppers but with the handset’s circulation marked by mostly positive feedbacks, this 1080p smartphone is set to draw more attention as the shopping season heats up.
Erik Pineda
Dec 13, 2012
Deeper probes of the Nexus 4 revealed that in specific cases and locations the Google smartphone is able to access LTE networks in the United States and Canada, numerous blog reports said.
Erik Pineda
Dec 13, 2012
Following global IT trends, smartphones that run on Google's Android OS has toppled Apple's iOS for the first time in Australia. Citing data from analyst firm Telsyte, The Sydney Morning Herald reported that 44 per cent of over 10 million smartphone users in Australia now use handheld units running on Android versus 43 per cent of iOS.
Vittorio Hernandez
Dec 13, 2012
After the recent rally which has seen the ASX 200 hit 17 month highs and the All Ordinaries Index (XAO) reach fresh 2012 highs, local stocks are trading flat today.
Vittorio Hernandez
Dec 13, 2012
The disparity between the markets and reality on the ground continues to widen. The November NAB survey showed business confidence plummeted to minus 9 from minus 1 in October.
Jamelle Agbuis
Dec 13, 2012
It is a very, merry Christmas indeed in China this December and Nokia and HTC have decided to crash the party. The two phone makers are releasing their latest handsets to the Chinese market, touted by experts to outpace the United States soon as the most lucrative place to sell gadgets.
Erik Pineda
Dec 13, 2012
The things you hear in St Kilda. We caught that snippet between two long-lost friends on the way into the office this morning. Both looked haggard but determined. There didn't appear to be many secrets between them. Friends don't have to lie about their flaws to one another.
Jamelle Agbuis
Dec 13, 2012
Calls for a ban on the live cattle export of Australian animals raised for meat were made again following the showing of a video that proved brutal and inhumane way that Aussie cattle were culled. The video, secretly made by a journalist, showed the slaughterhouse workers used electric prods on the cows' eyes, genitals and anus.
Vittorio Hernandez
Dec 13, 2012
The National Heart Foundation of Australia wants all Australians to have access to universal ambulance cover, following research that identified cost as a barrier for calling Triple Zero (000) for up to 650,000 people.
Jamelle Agbuis
Dec 13, 2012
by Alexander Green, Investment U Chief Investment StrategistFriday, December 7, 2012: Issue #1921Famed American journalist and essayist H.
Admin System
Dec 13, 2012
By Greg PeelThe Dow closed down 3 points, while the S&P was flat at 1428 and the Nasdaq fell 0.3%.The US economy is continuing to grow at a "moderate" pace, the Fed monetary policy statement declared last night, weather disruptions not withstanding.
Admin System
Dec 13, 2012
It may not be as hot as it was but the Angry Birds fever that started three years ago remains in the right trajectory, hitting the intended marks and breaking new grounds, including a full-length movie set for theatrical showing on 2016.
Erik Pineda
Dec 12, 2012
Apple still impresses when it comes to gadget craftsmanship, according to Time Magazine, and for the near-to-end 2012 the highly-respected weekly publication bestowed its highest honour to the tech giant’s popular smartphone – the iPhone 5.
Erik Pineda
Dec 12, 2012
'Gains by stealth' is one way of describing the local markets performance in recent days. Modest moves higher on successive days underpinned by similar volumes. The Australian share market traded at its highest level in close to 17 months amidst news flow that could be seen as positive if only for the fact that it didn't upset the applecart. An improved read on Germany's influential survey of business conditions was better than expected. In its commentary the author of the report, Th...
Vittorio Hernandez
Dec 12, 2012
Great news for international owners of the Galaxy Note 2. The JellyBean 4.1.2 has started rolling out and reports from Sam Mobile indicated that the patch has already reached Polish fans of the bestselling phablet.
Erik Pineda
Dec 12, 2012
Fancy for a dual-boot or even multi-boot Nexus 7? Folks at XDA Developers claim it is now possible for the Google tablet to carry two or more mobile OS, thanks to the newly-created MultiROM.
Erik Pineda
Dec 12, 2012
The Australian sharemarket is improving for the fourth day running, making it the longest winning streak in over a month. The All Ordinaries Index (XAO) is up 0.4 per cent or 17.6 pts to 4598.9.
Vittorio Hernandez
Dec 12, 2012
Samsung’s upcoming flagship smartphone, the Galaxy S4, will miss out the CES 2013 is Las Vegas next month despite recent hints from the South Korean tech giant that it is working on ‘Something New’ that will be unveiled in the early months of Q1 2013, reports said.
Erik Pineda
Dec 12, 2012
This is one of those rare days when there are so many interesting stories in the financial world that we can hardly decide which one to write about.
Jamelle Agbuis
Dec 12, 2012
The US is the place to be. That's what everybody says. America has all the advantages: the strong US economy, a younger population, cheaper energy, and a central bank more ready to print money as necessary.
Jamelle Agbuis
Dec 12, 2012
On the 10th of December, General Motors Co.'s Adam Opel AG informed that the car plant in Bochum, Germany would be closed. The decision to cease auto production in one of four car plants located in Germany was caused mainly by the decline in the European auto market. Adam Opel AG unit made a decision as it tries to restructure its unprofitable operations in the region.
Jamelle Agbuis
Dec 12, 2012
Christmas is closer everyday... Suspense is increasing as presents are being sent out. Without a doubt the holiday season, namely the holiday shopping season, is the busiest period for shipping companies and postal services all over the world.
Jamelle Agbuis
Dec 12, 2012
On the 11th of December, HSBC Holdings PLC informed that it decided to pay approximately 1.9 billion in settlement with U.S. regulatory authorities to end a long and embarrassing American criminal probe into money laundering allegations against the Europe's biggest bank. The amicable settlement, which is to be paid by HSBC Holdings PLC , will be the largest fine paid by a bank in the history.
Jamelle Agbuis
Dec 12, 2012
The new Blackberry 10 which is scheduled to be released in Q1 of 2013 will include features of a platform-wide flow interface, new intelligent keyboard and camera application.
Vittorio Hernandez
Dec 12, 2012
Instagram is getting better with its new update for both iOS and Android. The popular photo sharing app has been known for its many filters and functionalities with photo editing.
Vittorio Hernandez
Dec 12, 2012
China's exports increased in November slower than initially estimated, with growth in imports dropping to zero, the government said on the 10th of December. Data is certainly a cold shower after weekend results which suggested that the world's second economy is recovering from a slowdown.
Jamelle Agbuis
Dec 12, 2012
Diamond Capital Management LLC, which was one of several hedge funds implicated in the U.S. investigation into insider trading on Wall Street, informed that it would close down after receiving redemptions request amounting for more than 25 percent of its assets. Clients of Diamond Capital Management LLC asked to take out as much as $520 million in capital.
Jamelle Agbuis
Dec 12, 2012
