BUSINESS

Australian PMI: Pace of Manufacturing Decline Eases in October

The latest seasonally adjusted Australian Industry Group - PwC Australian Performance of Manufacturing Index (Australian PMI®) contracted in October, albeit at a slower rate than recent months, rising 5.1 points to 47.4. The decline was particularly pronounced across the clothing and footwear sub-sector and sub-sectors linked to the construction industry.
More news

Can The Markets Be Kind To Macquarie?

- Macquarie's result weak but no shock- Costs, staff and divs cut but is it enough?- Stock well leveraged to market improvement- Inexpensive but is it time to buy?By Greg Peel"Following the release of the European financial package," declares Goldman Sachs' equity strategy team, "we believ...

RBA Rides A Winner

By Greg PeelThe RBA has not waited around to see the final detail of the European resolution plan, probably figuring that a weak response from global markets would warrant a cut anyway.

Environment Conducive To Further Gold Price Gains

- Some similarities for gold market between 2008 and now- Barclays sees a number of factors as supportive for the metal- Positive backdrop suggests further gains are likelyBy Chris ShawIn late September the gold price fell by 10% in just four trading sessions, a price movement Barclays Capital notes...

Wait for iPhone 5? iPhone 4S's Battery Bug, Yellowgate & 6 Other Problems

Millions have already purchased Apple Inc.'s fifth generation handset, the iPhone 4S. While didn't have any design changes from the previous model, the improved processor and camera, as well as a built-in digital assistant, Siri, have impressed many. Apple has been known to provide amazing and revolutionary computing devices. But it doesn't mean that a product as meticulously designed like the iPhone 4S won't be free of any issues.

Rio Tinto Explores Nigerian Market

Rio Tinto, along with 10 other Australian companies, have been made part of an Australia-Nigeria Trade and Investment Council to look into possible investment opportunities in Nigeria's mining, agriculture and financial services sectors.

Updates: Good NAB Profit, Weak WOW Sales

A record profit from the National Australia Bank and a higher dividend, supporting the bank's go it alone strategy and trying to make itself different from its peers.

Problems With Computer Price Estimates

Free to consumer price estimates are popular tools in North America, but they are not without problems. In the coming year or two we expect to see automated valuation modelling being used more widely in Australia - offering either existing or new portal entrants a way to stand out in a rather tough online marketplace.

HTC Has Dropbox vs. Apple, iCloud

Taiwanese phone manufacturer HTC will now offer its Android users 5Gb of free cloud storage thru file hosting service Dropbox. HTC announced this new partnership on its Facebook page.

Patent Wars: Are Consumers the Ultimate Victims?

It seems like you can't read about tech news without running across news about one company suing another for patent infringement. Just this week, Apple was granted a patent for the slide to unlock feature which is also a feature in most smartphones. What this means is that Apple can now sue other phone and tablet manufacturers for using the slide to unlock feature and we can reasonably expect a new spate of patent infringement cases from this development in addition to all the lawsuits flying...

HP Stuns Industry, Keeps PC & Tablet Business

In a stunning reversal of its August decision to spin off its PC division, HP will keep its stake in the personal computer business. The hardware giant had announced that it would kill of its smartphone and tablet products and would consider splitting the company in two. This idea was definitively scrapped when HP announced in a press release that it would keep its $40 billion its Personal Systems Group or PSG.

Personal Sub Can Make Trips to Mariana Trench

The 52nd annual Fort Lauderdale International Boat Show in Florida is showcasing a prototype of a personal submarine that can repeatedly take up to three people for a trip down into the deepest part of the Earth, the Mariana Trench.

Warning: Your Facebook Friend May Be a Bot

Facebook protects majority of its 800 million active users from spams using a massive defense network called Facebook Immune System (FIS). But a researcher said users may lose their personal information to bots posing as friends.

Global Steel Prices Impacted By USD

- A stronger US dollar has been impacting on steel prices- MEPS suggests greenback strength could impact on pattern of world trade- Impact of stronger US currency anticipated to continue into 2012By Chris ShawThe average Hot Rolled Coil price for BRIC countries as calculated by steel industry consul...

Pages