BUSINESS

Australian Stock Market Report – Midday 6/27/2012

The local share market is picking up a little following four sessions of losses, with the All Ordinaries Index (XAO) up 21.8pts or 0.5pct to 4078.1 at lunchtime in the East. There was a little bit of investor apathy in Europe overnight ahead of yet another European Union summit to discuss the region's debt crisis while US markets rose on upbeat housing data.

Investment Theory on Human Action and Price Action

A quick recap of the weekend: Syria has shot down a Turkish military jet, the Muslim Brotherhood has won power in Egypt, England lost on penalties (again), North smashed Adelaide, and the blithering idiots who pretend to run Europe's economy have decided that spending more money is the answer!
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Disappointment May Loom At This Week's EU Summit

By Kathleen Brooks, Research Director UK EMEA at FOREX.comThe markets aren't holding out too much hope for a neat resolution to the sovereign debt crisis at this week's EU summit.

Australian Stock Market Report – Afternoon 6/26/2012

Local stocks closed in negative territory for a fourth consecutive session today, although managed to fare better than expected given the weak offshore lead. US and European markets slumped overnight after ratings agency Moody's downgraded the Spanish banking sector, and after Cyprus and Spain formally requested European aid. The All Ordinaries Index (XAO) closed down 15.7pts or 0.4pct to 4056.3 while the S&P/ASX 200 Index (XJO) fell 14.5pts or 0.4pct to 4013.3.

Google TV vs Apple TV: Google Partners with Sony for Australia

Sony had just announced that the company would be providing Google TV for Australian customers starting this Thursday. The release of Google TV in the Australian market would mean a direct competition between Google TV and Apple TV thus eventually leading to this question: Is Google TV better than Apple TV?

Founder of Billabong Open to Yet Again New Takeover Offers as Shares Dive 47%

Gordon Merchant, founder and biggest shareholder of troubled surfwear retailer Billabong International, announced on Tuesday it is open yet again to accepting takeover bids for the company. Billabon shares dived 47.5 per cent into a massive whirlpool after coming out of a trading halt since Thursday.

Big Four Lead List of Profitable Banks in the World

Australia's four largest banks now have less reason not to pass in full to borrowers any future overnight cash rate cuts that the Reserve Bank of Australia (RBA) would make. It is because the latest yearly survey of the Bank for International Settlements have released Tuesday stated that ANZ, Commonwealth Bank, National Australia Bank and Westpac topped the list of profitable banks in the world.

Six Percent Can Draw Gold From The Moon

By Richard (Rick) MillsAhead of the HerdAs a general rule, the most successful man in life is the man who has the best informationAt the start of golden ages golden stories should be toldFollowing many years of net annual sales in the 400 to 500 tonne range, central banks, underweighted in gold and ...

All's Quiet on the Uranium Front

By Andrew NelsonIf things weren't travelling along slowly enough in the uranium spot market, last week saw even less activity according to market consultants TradeTech.

US Equities and Oil May Bounce, But Not Gold

FNArena has added another video to its Investors Education section on the website. This week, ATW's Jerry Simmons sees possible support emerging for US stock future indices (implying strength for equities) and oil, while sounding a cautionary note for gold.

Android 4.1 Jelly Bean Spotted at Google Play Store

Google has just dropped a hint regarding Google's next Android version which is reportedly named as Android 4.1 Jelly Bean. The hint was revealed when it was spotted at Google Play Store.

ZTE Launches Android Smartphones with 3D Homescreen

ZTE Corporation recently announced its partnership with Rightware Kanzi UI Solution in order to release a Android 4.0 or Android ICS (Ice Cream Sandwich) smartphones sthat would utilized 3D user interface (UI) technologies.

Windows 8 Tablet Surface: Is It the Best iPad Challenger?

Microsoft has finally entered the tablet market with the release of their tablet called "Surface" which will have the latest OS from Microsoft which is Windows 8. Now that Microsoft has entered the market, will Surface be the best iPad challenger out there?

Australian Stock Market Report – Afternoon 6/25/2012

Local stocks have started the trading week in the red, as investors opt to stay out of the market ahead of a key European Union summit later this week and square their books ahead of the end of the financial year. The All Ordinaries Index (XAO) today lost 21.8pts or 0.5pct to 4072, while the ASX 200 (XJO) lost 20.4pts or 0.5pct to close at 4027.8.

Coalition Eyes Amendment to Qantas Ownership Law

Due to the threat posed by foreign airlines that buy shares of Australian air carriers, the Opposition has suggested amending Qantas's ownership law to achieve a more level playing field for the losing flag carrier.

Asian Borrowers Need Mortgage Broker Education

Mortgage House franchisee Tom Mak believes that steps should be taken to initiate a campaign that explains the role of a mortgage broker to prospective Asian borrowers.

The Tides of Change

When Einstein laid out the groundwork for Quantum Physics in the early 1900′s everyone was amazed at his theories, but soon after everyone was asking, but how can it be used and how is this applicable to anyone's lives?

Commissions to Shrink as Clients Buy and Hold

Broking businesses will come under increasing pressure on commission income as national hold periods for housing stretch out longer in coming years, according to RP Data.

On the Trail of the US Housing Recovery

One crisp fall Sunday afternoon under bright blue skies, my wife and I visited five homes up for sale. We remembered them by their street names: Big Acre, Blue Silo, Pontiac, Prairie Rose and Lamont.

Capitalists Who Fear Change

Digital technology is reinventing our whole world, in service of you and me. It's free enterprise on steroids. It's bypassing the gatekeepers and empowering each of us to invent our own civilization for ourselves, according to our own specifications.

ANZ Bank Satisfaction Rating Plummets Due to Break Away from RBA Rate Decisions

ANZ Bank caught the country's banking industry thrice in 2012 after it first went against the Reserve Bank of Australia's (RBA) policy to hike its standard variable mortgage rate when the central bank kept the overnight cash rate on hold. In the second instance, ANZ kept a part of the cash rate cut and slashed the interest rate below the RBA rate reduction.

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