After a brief pullback yesterday, the Australian sharemarket benefited from a late surge in American equities overnight. This was following positive comments relating to the U.S fiscal cliff in late trade. The market has been extremely sensitive to comments concerning these budget deficit problems, which U.S parliament has a little over a month to resolve.
Vittorio Hernandez Nov 29, 2012
By all indications, the Lumia 920 is fast-becoming a hero phone for Nokia, which analysts said represents a much-needed push for a struggling firm that has seen lacklustre product debuts and market battering in the past few years.
Erik Pineda Nov 29, 2012
The back page of today's Australian Financial Review has an illustration of a roided out Kangaroo, the kind you see on a one Australian dollar coin, but with Schwarzenegger like muscles. The story is called, 'Leaps and bounds in $A demand.'
Jamelle Agbuis Nov 29, 2012
Hurricane Sandy has the undesirable distinction of being one of the ten most expensive hurricanes in US history. In the days before Sandy impacted, it was forecast to be 'large, slow-moving and no doubt very costly.'
Jamelle Agbuis Nov 29, 2012
Local stocks are recording positive gains at lunchtime in the East, despite a fairly flat start to the trading session. Overnight, Wall Street staged a remarkable comeback on hopes an agreement on the Fiscal Cliff could be reached before Christmas.
Vittorio Hernandez Nov 29, 2012
Toyota Australia has expanded its hybrid family once more with the addition of the new luxury-spec Toyota Prius V i-Tech.
Jamelle Agbuis Nov 29, 2012
What is arguably the very last bastion of totally free speech is once again under assault by the world's tyrants, as the United Nations is now eying regulation of the Internet - as though it was in need of being regulated.
Jamelle Agbuis Nov 29, 2012
The RC helicopter you may have played with as a kid just got an upgrade: it can now be controlled with your mind.
Jamelle Agbuis Nov 29, 2012
Kia Australia believes that its localization program for its vehicles is a huge deal for its on-going success in our market.
Jamelle Agbuis Nov 29, 2012
There is a new tablet on the block. Not that new actually as Sony launched the Xperia Tablet S September this year only to withdraw it from the market a month after due to build defects.
Erik Pineda Nov 29, 2012
The latest smartphone sales data from Kantar Worldpanel ComTech released on Wednesday said that Apple regained the lead of smartphone sales in the U.S. market by garnering 48.1 per cent of total sales due to the release of iPhone 5.
Vittorio Hernandez Nov 29, 2012
Microsoft Chief Executive Officer Steve Balmer disclosed at the company's shareholder's meeting that sales of Windows Phone 8 were off to a great start. He attributes it to the combination of new software and more powerful hardware which resulted in four times as many sales compared to the same period in 2011.
Vittorio Hernandez Nov 29, 2012
With the recent release of Windows 8 and record-breaking sales, upgraders should be aware of at least five issues they may encounter as they move from Windows 7 to Windows 8.
Vittorio Hernandez Nov 29, 2012
Treasurer Wayne Swan reiterated on Wednesday that Australia's mining boom is not yet over despite falling prices of commodities in the world market and lower demand. He cited the $268.4 billion investment to major resources projects that mining companies had committed in the last six months to October.
Vittorio Hernandez Nov 29, 2012
By Greg PeelThe Dow rose 106 points, or 0.8%, while the S&P gained 0.8% to 1409 and the Nasdaq was also up 0.
Admin System Nov 29, 2012
The last 24 hours have been quite revealing in terms of the character of the market. From time to time the market discussion has turned to the matter of how well market sentiment is holding up in the face of US political uncertainty and the fiscal cliff. However this matter has been painted in a different light in the last day.The preceding 24 hours have largely been defined by good news. Common ground has finally been found between the IMF and Eurozone finance ministers in relation to the next ...
Vittorio Hernandez Nov 28, 2012
Australian tech retailer Dick Smith is joining the anticipated holiday push of Apple’s iPhone 5 via its exclusive unlocked offering for the popular handset, which starts selling Nov 28 at $788.
Erik Pineda Nov 28, 2012
When the waters of Bondi Beach turned tomato red on Tuesday morning due to some "algal" infection of the waters, it elicited two types of reactions from the people who witnessed it. One was fear. But the others who were more hard-core adventurous, took a dip into the red waters. Now health authorities are worried those who swam in the infected waters could be at risk.
Esther Tanquintic-Misa Nov 28, 2012
The local share market has followed Wall Street into the red in the early session. Sellers moved in on blue chip stocks in late trade in New York as talks between the Republicans and Democrats over the "Fiscal Cliff" issue stalled.
Vittorio Hernandez Nov 28, 2012
Without providing specifics, Microsoft said on Tuesday that it has identified the cause of the random reboots reportedly plaguing the Nokia Lumia 920 and the HTC Windows Phone 8X and a patch to repair the problem is set for a December deployment.
Erik Pineda Nov 28, 2012
Amidst the ongoing management upheaval at Apple, the tech giant took some breather on Tuesday as new research data showed that the iPhone has snatched back the title as the bestselling smartphone, at least in the United States.
Erik Pineda Nov 28, 2012
The euro increased on the 23rd of November, resulting in a rise in shares of Europe, following indications of progress in negotiations on offering aid to recession-hit Greece as well as the findings in an influential analysis which showed a significant increase in business sentiment in Germany. The increase in stocks of US and the world were prompted by the same reasons.
Jamelle Agbuis Nov 28, 2012
No group had more to be grateful for this Thanksgiving in America than the few people at the top of the pile. Over the last four decades, their wealth has soared...thanks largely to the feds.
Jamelle Agbuis Nov 28, 2012
The global economic crisis is worsening, especially in the hard-hit Eurozone, where nation after nation continues to struggle with a growing recession coupled with high unemployment, rising debt and low growth.
Jamelle Agbuis Nov 28, 2012
By Richard (Rick) MillsAhead of the HerdAs a general rule, the most successful man in life is the man who has the best informationAll through human evolution we have been harnessing increasingly effective forms of energy.
Admin System Nov 28, 2012
Windows 8 is just about to replicate the achievements of its immediate predecessor as Microsoft disclosed on Tuesday that around 40 million licenses of the new operating system have been sold a month after it was rolled out.
Erik Pineda Nov 28, 2012
It was made public that Mark Carney, the governor of the Bank of Canada, had been designated as the new governor of the Bank of England. It is a surprising move, yet Britain decided to reach for a foreigner as it struggles with its troubled financial system, which certainly needs to be reformed.
Jamelle Agbuis Nov 28, 2012
Japan's Renesas Electronics Corp. saw a marked growth in its shares following an authorization of a bailout worth approximately $2.4 billion which is led by the Government. The shares of Renesas, a chip making company of Japan, rose above 6 percent after the finalization of the $2.4 billion bailout.
Jamelle Agbuis Nov 28, 2012
Bell FX Currency Outlook: The Australian Dollar is steady, after markets in the US and Europe cautiously welcomed a bailout deal reached by the ECB/EU/IMF, on Greek loans and some better-than-expected US economic data.
Christine Gaylican Nov 28, 2012
Sold at $99 in Verizon, the LG Spectrum 2 is viewed by tech experts as a good buy for smartphones as mid-range. Expected to be its competition in the mid-range section is Samsung's Galaxy Premier slated for release the last month of 2012, although its price tag is unknown but expected also to be in the mid-range level.
Vittorio Hernandez Nov 28, 2012