BUSINESS

Facebook Starts in the US $1 Trial Run of Paid Messaging System

Facebook, after losing millions in its failed IPO, has started to implement in the United States the $1 trial run of its paid messaging system scheme, where non-friends who want to contact you must pay in order for their messages land in your Inbox folder rather than in the Other folder.

Australian Stock Market Report – Midday 12/21/2012

The Australian sharemarket continues its formidable run, with the All Ordinaries Index (XAO) up by 0.4 per cent or 19.2 pts to 4665.8. This makes it the Aussie market's fourth consecutive session of gains. Volume has been heavy over the past few days due to equity and index options expiry yesterday. Today marks the end of the final full week of trade for 2012. The market will be closing early on Monday and will not trade next Tuesday or Wednesday.
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Could Japan Save The World In 2013?

By Greg Peel"We think this could be the beginning of a fresh reflation cycle for the global system," BNY Mellon's Simon Derrick told the London Daily Telegraph, "combining with the US recovery to mark a turning point in the crisis".

Broker Views For The Year Ahead

By Andrew NelsonDespite the twists and turns and a few kicks in the pants, 2012 was a pretty good year for equities.

Chinese Miner Quits WA Project, End of the World for Australia’s Iron Ore Sector?

Australia's mining sector would likely be in a gloomy mood on Friday, Dec 21, 2012. However, the cause of the downcast outlook is not because the miners believe in the Mayan forecast that the world would end that day, but over the pull out of a major Chinese investor in a resource project in Western Australia.

Australian Stock Market Report – Afternoon 12/20/2012

Despite a flat start on the back of falls on Wall Street, local stocks rose to fresh 17 month highs today as the Federal Government scrapped its commitment for a budget surplus in FY 2013.

Australian Dollar Outlook – 12-20-12

The Australian Dollar has dipped back below 1.0500 against the Greenback as a lack of development in US budget negotiations drives markets. The US Dollar firmed as risk sentiment turned negative on what appears to be a stalemate between US President Obama and the House of Representatives.

Global Markets Update – 12/20/12

After having had a strong run in recent sessions, risk assets finally retreated in US trade as cracks appeared in the fiscal cliff negotiations. Equities were firmer in European trade as markets continued to ride on fiscal cliff optimism and on the back of a better-than-expected German Ifo business climate reading.

Australian Stock Market Report – Morning 12/20/2012

US homebuilding permits increased by 3.6pct in November to a seasonally adjusted rate of 899,000 units - the highest level in nearly 4½-years. In contrast housing starts fell 3pct in November but followed three straight months of solid gains.

UK Female Directors on Boards

The gender asymmetry in British boardrooms has scaled down substantially since 2007, according to the findings of a survey conducted by Experian.

Why Uranium Stocks Could be Worth Another Look

There's some considerable carnage in DR headquarters this week. A Christmas flu has not only taken out your regular editor Dan Denning but a good chunk of the staff as well.

The Free Market’s Exciting and Creative Workarounds

As the chart below displays, the Federal Reserve has, since 1913, destroyed roughly 97% of the [US] dollar's value. And that, despite (or perhaps because of) a mandate to maintain the same currency's integrity and stability.

Emerging Asia ? The Growth Driver

- Chinese economy on the turn- Exports finally improving- Property market risks contained- Intra-Asia trade a big growth driverBy Greg PeelSigns have emerged that the Chinese economy has finally bottomed out begun a recovery after a long slow-down.

Singapore Airlines Adds 4th Daily Service to Melbourne

The battle for supremacy in Australian skies continues as Singapore Airlines joins the frenzy to get a larger slice of the aviation market by announcing on Wednesday a fourth daily service to Melbourne and the scaling up of services to Adelaide.

2012 Mayan Calendar: End-of-the-World Parties Across the Continents

Cash registers will be ringing ka-ching, ka-ching from Friday as different parties will be held all over the world to celebrate - not the Mayan New Year - but the failure of the Mayan Long Count Calendar prediction that the world would end on Dec 21, 2012.

Pogo Charger with Magnetic Connector for Google Nexus 10 Emerged

If you are a Nexus 10 owner or considering a purchase of this Samsung-manufactured big-sized tablet for Google, take pleasure in knowing that charging this Android device would be more convenient over the next few weeks or even days.

Three New Smartphones from Samsung with Dual-SIM Support

Rumours are spreading about the upcoming Mobile World Congress in February 2013. Speculations are that the Samsung Galaxy S4 will not make it to the Consumer Electronic Show or Mobile World Congress in January and February, respectively.

Jellybean for Xperia Line Up, Galaxy S2, Galaxy Note

Before, Samsung Galaxy S2 and Galaxy Note users had to wait for a long time to obtain updates of Android Ice Cream Sandwich because both devices were released with Android Gingerbread, which dates back as the first very stable firmware version.

An iPhone Running on Android?

IGB Electronica, a Brazilian company, announced a new smartphone called Gradient Smartphone Line G iPhone, Neo One model. The device is identical to Apple iPhone and its running an Android OS.

A North Korean Investment Opportunity

Investing in the BRICs (Brazil, Russia, India and China) is so yesteryear. Myanmar and Laos are, like, so yesterday. No, the real investment opportunity for your financial future lies in North Korea.

Big Brains and Bad Ideas

The question has haunted savants, wives and bartenders throughout the ages. But at least we have a hypothesis.

U.S. to See Moderate Growth in 2013

On the 17th of December, the National Association for Business Economics released its forecast, indicating that the U.S. economy would probably see a moderate growth in 2013. Analysts underline that the modest growth will be pushed mainly by a recovery in housing sector which will balance visible weaknesses in business investment though. Also the U.S. job market will pick up slightly in the coming year, according to the survey.

Australian Stock Market Report – Midday12/19/2012

The Australian sharemarket continues its stellar run, with the All Ordinaries Index (XAO) improving modestly once again. Of the last 23 sessions, the Aussie market has ended higher on 17 occasions and has only finished in the red once in 9 trading days. The XAO is up by 0.5 per cent or 22.6 pts to 4633.1.

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