BUSINESS

iPhone 5 “No Show” at WWDC?

Tech giant Apple, Inc. (NYSE:AAPL) will be introducing its new operating systems and MacBook Pros at this year’s WorldWide Developer’s Conference but iPhone 5 will not be included in the surprises.

More Aussies Chuck the Cheque

In the last 10 years, Australians have been issuing lesser cheques by over 60 per cent. The Australian Payments Clearing Association (APCA) said the irreversible decline of the cheque is due to a change in consumer preference for electronic payments systems such as the use of debit and credit cards.

IMF Conducts Stress Test on Big 4

Officials of the International Monetary Fund (IMF) are in Sydney to conduct stress test on ANZ, Commonwealth Bank, National Australia Bank and Westpac.
More news

Nuclear Demand A Reality

By Greg PeelIndustry consultant TradeTech reports five transactions in the uranium spot market last week totalling 500,000lbs of U3O8 equivalent.
Admin System May 15, 2012

Global Markets Overview 05/15/2012

Concerns about Greece's possible exit from the euro zone helped to push U.S. stocks to three-month lows, as the Dow industrials lost ground for the eighth time in nine sessions.
Lawrence Villamar May 15, 2012

Goldman Sachs Doubles Exposure to Italian Debt

U.S. financial firm Goldman Sachs Group Inc has more than doubled its exposure to short-term Italian government debt over the first quarter of this year.
Lawrence Villamar May 15, 2012

Apple Blames Microsoft for Mac's Previous Problems

Apple co-founder Steve Wozniak said that consumers should not blame the company for the constant program crashes of Macintosh computer during the 90s. He said that it was Microsoft’s fault.
Kristin Dian Mariano May 14, 2012

Sony Disappoints Anew, Reports Billions in Annual, Q1 Losses

Sony Corp, once the envy of its rivals, chalked up anew billions in yearly losses, pointing to the sagging fortune of the Japanese firm that once crafted consumer electronic products that became ubiquitous in global households.
Erik Pineda May 11, 2012

Android ICS Update for Samsung Galaxy Note Starts in Europe

Samsung Electronics has finally started rolling out Android 4.0 or Android ICS updates for Samsung Galaxy Note. The lucky people who would first experience the update would be Samsung Galaxy Note users in Europe.
Mary Elaine Ramos May 11, 2012

Mortgage Rates Increases: Wrong Questions, Wrong Answers?

Nothing excites Australians like house prices and mortgage rates. It is no surprise, therefore, that the recent decision by major banks to increase interest rates 'outside the cycle' - that is independently of the Reserve Bank of Australia (RBA) - has led to hyperventilation among consumers and politicians.
Jamelle Agbuis May 11, 2012

ANZ Defends Interest Rate Policy

Australian banking major ANZ has defended its policy on interests in a letter addressed to The Age from its Australian operations chief Phil Chronican who argues that the cost of funding has increased substantially, and provided data to support his claim.
Jamelle Agbuis May 11, 2012

Macquarie Chief Calls For Interest Rates To Be Cut

Nicholas Moore, chief executive of Macquarie has added his voice to growing calls made by leaders of industry for interest rates to be cut next week as a means by which confidence in the country would be boosted by helping export based industries who are currently suffering from the high value of the Australian dollar.
Jamelle Agbuis May 11, 2012

Facebook To Launch App Center Soon

Your Facebook account will soon be like your iOS and Android phones as it will launch its App Center in the coming weeks.
Kristin Dian Mariano May 11, 2012

Dart Energy Backs Off from Plan to Drill CSG in Sydney

Australian miner Dart Energy said on Friday that it would no longer drill a coal seam gas (CSG) well in St Peters, Sydney, The firm confirmed its statement in a filing with the Australian Securities Exchange.
Vittorio Hernandez May 11, 2012

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