BUSINESS

Chinese GDP Hits The Mark

By Chris Tedder, Research Analyst FOREX.comThe much anticipated Chinese GDP data printed just below consensus at 7.

Australian Stock Market Report – Afternoon7/12/2012

Local stocks closed in the red for the sixth session in a row today, posting the Australian share market's longest losing streak since November last year. Weaker than expected jobs numbers hurt investor sentiment while falls on US share markets and reports China is considering reducing state steel output contributed to the negative tone. The All Ordinaries Index (XAO) closed down 29pts or 0.7pct to 4106.
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Smartphones, Tablets Continue to Push Down Traditional PC Shipments

Global shipments of personal computers shrunk anew in the June quarter, underscoring the weakening interest on the device that has been the tech world's hero product since Apple, IBM and Microsoft launched their initial units in the early 1980s.

Australian Stock Market Report – Afternoon 7/11/2012

The Australian share market closed marginally in the red today, its fifth consecutive session of losses, although volumes were very low. Falls on offshore markets overnight contributed to the negative mood, although there was some buying in retail related stocks on the back of a pick-up in consumer sentiment. The All Ordinaries Index (XAO) finished the day's trade at 4135, down 3pts or 0.1pct.

Apple Withdraws from EPEAT, Recycling Concerns Rise

Apple Inc. has recently asked to remove 39 Apple products from the Electronic Product Environmental Assessment Tool (EPEAT). This decision from Apple has raised some recycling concerns from industry observers and environmentalists alike.

Best 3 Alternatives to iGoogle

As part of Google's "spring cleaning", Google announced that they will be shutting down iGoogle. The iGoogle service is scheduled to end on November 1, 2013.

Study Forecasts 4% Average Pay Hike for Aussie Workers in Next 12 Months

A survey by consulting firm Hay Group forecasts that Australian workers could expect a 4 per cent salary increase in the next 12 months. The estimated is based on its analysis of salary data from over 440 organisations and 270,000 jobs in the past year to February.

Xbox 720 for Only US$99? [Plus Rumored Specifications]

News about Xbox 720 and its pending release has been going around in the Internet ever since leaked documents about the Xbox 720 was revealed. The latest prediction about Xbox 720 is that it will go on sale for only US$99 with a monthly TV subscription fee.

Price War Moves to Airline Tickets

The arena for a price war is no longer limited to grocery shelves between supermarket giants Coles and Woolworths. It has gone up 30,000 feet into the Australian sky as Qantas and Virgin Australia battle for corporate travelers.

Volvo Details Future Safety Systems

Volvo has lifted the lid on its next generation of vehicle safety systems designed to protect drivers from stray animals and red-light runners, and take full control of the car in congested city traffic.

No Lifeboat From China This Time Around

China's consumer prices rose 2.2% in June from the year before, according to data published yesterday. That rate is a 29-month low. More importantly, it has some people excited that China's authorities have free reign to promote growth through more stimulus. They can spend, spend, spend without fear of igniting socially destabilising inflation in consumer prices.

Australia’s Economic Boom in Reverse

A tell-tale sign that we're at the logical frontier of monetary policy in a fiat money system is that central bank rate cuts no longer produce stock market rallies. For example, the People's Bank of China (PBOC) cut interest rates for the second time in a month last week. And stocks? Nothing.

Microsoft Sets a Date for Windows 8 Release

Microsoft has officially set a date for the release of their newest OS version which is Windows 8. The official release date for Windows 8 is set to be in October, 2012.

Facebook App Center Now in Australia

The Facebook App Center is now officially released in Australia, a month after the Facebook App Center was launched in the U.S.

Nokia 808 Pureview: Is it the Best Camera Phone?

The announcement of Nokia 808 Pureview was a shock for many people because of its 41-megapixel camera. The usual MP for a smartphone tends to be around 5-8MP but this figure is certainly the first for any type of smartphones.

Australian Stock Market Report – Midday 7/10/2012

European Finance Ministers have this morning agreed on a new bailout deal for Spain, which will see the country receive €30 billion in aid by the end of the month. The deal is expected to bring great relief for investors and comes after Spanish debts, or borrowing costs, climbed to dangerous highs overnight. At lunchtime in the East, the All Ordinaries Index (XAO) is up 6.4pts or 0.2pct to 4166.2.

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