Overnight there was only one focus for the US markets, the outcome of the Federal Open Market Committee (FOMC) meeting to decide on a new monetary policy. The market is hoping for additional stimulus and that is exactly what it got. The FOMC announced an open ended Quantitative Easing (QE) program focused on purchases up to US$40Billion worth of Mortgage Backed Securities (MBSs) a month. The program will commence tomorrow and can be increased with additional asset purchases if required to try an...
Vittorio Hernandez
Sep 14, 2012
Apple did just the right thing in stretching the screen size of the new iPhone 5 to 4.0 inches and deploying much-faster cellular connectivity with the gadget, which rolls out beginning Sept 21, a new report said.
Erik Pineda
Sep 14, 2012
Microsoft has unmasked a new malware that reportedly operates from a Chinese domain and spreads through freshly-unboxed PCs that were exclusively assembled by a computer manufacturer, also in China.
Erik Pineda
Sep 14, 2012
Three unions at BHP Billiton (ASX: BHP) rejected on Thursday the latest workplace agreement offered by the giant miner. The unions want changes to the offer before they submit the deal for a vote to their 3,000 members assigned at BHP's coking coal mines in northeastern Australia.
Vittorio Hernandez
Sep 14, 2012
Iranian oil tankers have been unloading millions of barrels of oil near a small port island just off the East Malaysian coast.
Lawrence Villamar
Sep 14, 2012
U.S. fast food giant McDonald's Corp will begin posting calorie information for its entire menu at U.S. stores starting from next week.
Lawrence Villamar
Sep 14, 2012
By Rudi Filapek-VandyckThe Dow Jones industrial average jumped 207 points, or 1.6%, to 13,539.86, while the Nasdaq rose 1.
Admin System
Sep 14, 2012
The Australian sharemarket lost a little ground for the second time this week, with the All Ordinaries Index (XAO) easing by 0.5 pct or 23.3 pts to 4359.8. Despite the pullback, investors seemed uninterested with equities as there was only $3.3 billion worth of shares that exchanged hands. This is around 30 pct less than last Thursday's trade volume. Yesterday, the XAO improved by 0.8 pct.
Vittorio Hernandez
Sep 13, 2012
Add Nintendo’s Wii U to your holiday gadget shopping list this December as the new game console is likely to hit the global market at around the same time that new tech toys were slated to fiercely compete for consumers’ attention.
Erik Pineda
Sep 13, 2012
"I'm not going to be the guy that lies on media, I'm not going to be the guy that stands up here and lies to Australia," thus said Australia's Olympic heat swimmer Tommaso D'Orsogna in an apparent tell-all interview over Channel 10 'The Project' on Wednesday night.
Esther Tanquintic-Misa
Sep 13, 2012
Sure they are disabled. But the fact cannot be discounted that Australia's Paralympic team brought home more golds and more medals from the London 2012 games than their abled but currently controversy embroiled counterparts.
Esther Tanquintic-Misa
Sep 13, 2012
Notwithstanding the rollout of a new iPhone, Android handsets will be scooped up in large amounts that by the close of 2013 more than a billion units will be owned by global consumers, according to a new smartphone market report.
Erik Pineda
Sep 13, 2012
Pitting Apple’s new iPhone 5 against Sony’s Xperia Acro S is pretty much watching the technologies from the two tech giants clashing in full force, with ‘minor’ players invited into the fray because their brand architectures are inside the fresh smartphone releases.
Erik Pineda
Sep 13, 2012
Today the market has reversed yesterday's strong run, positive news out of Europe was not enough to keep the momentum from continuing ahead of the outcome from the US Federal Reserve tonight. Overnight the German Constitutional Court formally approved The European Stability Mechanism (ESM), paving the way for the Eurozone's permanent rescue fund to come into operation. While a positive decision had been expected the euro markets and currencies rose. The UK market was a little weaker even w...
Vittorio Hernandez
Sep 13, 2012
Having worked as an SEO consultant for many years, i first got into the game doing SEO work for many of Victoria's real estate agents.
Jamelle Agbuis
Sep 13, 2012
Every so now and then FNArena receives a question that is worthwhile sharing with a broader audience. This week's question from subscriber John from Altona Meadows, Victoria about JB Hi-Fi ((JBH)) qualifies in our view.
Admin System
Sep 13, 2012
The Hyundai Motor's labor union has voted to approve a revised wage and working-conditions deal, ending strike that had hurt sales at South Korea's biggest car maker. The strike at Hyundai Motor is said to be the costliest one in the company's history.
Jamelle Agbuis
Sep 13, 2012
This story was originally published on 6 September 2012. It has now been re-published to make it available to an audience beyond paying subscribers at FNArena.
Admin System
Sep 13, 2012
Ford Motor Co.'s board of directors is due to meet on Thursday. The Ford Motor Co.'s board will probably discuss the most pressing issue facing the American car maker - the retirement of Chief Executive Officer Alan Mulally.
Jamelle Agbuis
Sep 13, 2012
Is today Big Wednesday? Well, if you had to pick a day when the market could blow out - in either direction - you could do worse than today.
Jamelle Agbuis
Sep 13, 2012
This is the last day of the Mont Pelerin Society meeting in Prague, and I am writing from inside Prague Castle, where we have been the guests of the Czech Republic President Vaclav Klaus.
Jamelle Agbuis
Sep 13, 2012
By Rudi Filapek-VandyckThe Dow Jones industrial average DJIA closed up 9.99 points, or 0.07%, to 13,333.
Admin System
Sep 13, 2012
Australia's Olympic swim team is now in submerged in hot water after a panel was requested to be established to review the team's lackluster performance in the recently concluded 2012 London Olympics in August.
Esther Tanquintic-Misa
Sep 12, 2012
The Australian sharemarket improved for the second time this week today and ended close to the daily highs. The All Ordinaries Index (XAO) rose 0.8 pct or 34.8 pts to 4383.1, with almost all sectors closing in the black.
Vittorio Hernandez
Sep 12, 2012
Chinese property prices are now bouncing back, amidst central bank's decision to slash its key interest rates to boost the slowing economy.
Christine Gaylican
Sep 12, 2012
Mobile apps are more attractive when offered free, tech research firm Gartner confirmed on Tuesday as latest data showed that global users will likely download more than 45 billion smartphone and tablet apps by the end of 2012.
Erik Pineda
Sep 12, 2012
Wheat, Australia’s chief farm export produce, is expected to deliver less yields in the current financial year, according to the latest estimates issued on Tuesday by the Australian Bureau of Agricultural and Resource Economics and Science (ABARES).
Erik Pineda
Sep 12, 2012
FedEx Corp.'s shares dropped roughly 3 percent in after-market trading as the company, which is the world's largest express parcel service by revenue, informed about cutting outlooks on earnings for its just-completed first quarter.
Jamelle Agbuis
Sep 12, 2012
Bacon. That's been the secret to everything all along. If only we'd known! We would have told you sooner. More on the power of bacon shortly.
Jamelle Agbuis
Sep 12, 2012
Almost a third of the economy faces a digital "big bang" over the next three years, pushing companies as diverse as retailers, banks and real estate agents to rethink their strategies, a new report says.
Jamelle Agbuis
Sep 12, 2012
