NZ50 outperforms ASX 200
As the Australian share market went down for a sixth consecutive trading day, investors went to the New Zealand markets, which rose close to 20 points to 3525.39, a change of about 56 percent.
iPhone 5 release: What’s causing the delay?
While many people are controlling their urges to grab a hold of the iPhone 4 thinking the iPhone 5 will be launched in the near future, the actual release of the highly anticipated smart phone remains a whodunit.
Australian consumers spend, invest conservatively
The Reserve Bank's decision to hold off plans for an upward rate adjustment in the past few months had impact well on Australia's consumers, who are now more spend-thrifts and conscious on what to spend on.
Sony launches 'PlayStation®Vita'
Sony Computer Entertainment Inc. announces PlayStation®Vita (PS Vita) (PCH-1000 series) as the official platform name for the next generation portable entertainment system (codename: NGP). Wi-Fi model will be available for 24,980 yen (including tax) in Japan, $249 in US and euro 249 in Europe, 3G/Wi-Fi model will be available for 29,980 yen (including tax) in Japan, $299 in US and euro 299 in Europe and successively launch in global market starting the end of 2011.
More news
Cadbury apologises to supermodel Campbell over Bliss advert
Cadbury has apologised to Naomi Campbell after its Dairy Milk Bliss adverts "upset" the supermodel.
Advertising on deli labels a hit for Il Mercato
Packaging and labelling company ProScales has announced the launch of its new deli labelling system, AdPro, which prints shopper-marketing directed ads on deli labels.
The Economy: RBA Sits On Rates
No rate rise from the Reserve Bank, in fact it was a bit more of the same according to yesterday's post meeting statement from Governor Glenn Stevens.
Deals: Virgin Links With Singapore To Encircle Qantas
Virgin Australia continues to construct a strategy to take on Qantas with the news that it has entered into a partnership with the powerful Singapore Airlines.
Global staff mobility: why teamwork is the way forward
Over the last few years, tax compliance risks related to global employee mobility have grown rapidly.
HR Consulting: Surveying the landscape or driving forwards?
Many organisations conduct surveys to find out what their people think and feel. Whilst such initiatives ostensibly exist to improve performance, the truth is that lip service is often paid to them.
The Overnight Report: No QE3
By Greg PeelThe Dow closed down 19 points or 0.2% while the S&P lost 0.1% to 1284 and the Nasdaq was basically square.
Australia's eastern states see incomes boost
Better seasonal conditions combined with higher grain and oilseed prices are anticipated to lift cash incomes for grain producing farms in 2010-11, a new report released by ABARES says.
Nokia: Losing market dominance, investment grade downgrade
Finland-based Nokia is now facing the challenge to raise its market share amidst debt rating cut to the lowest investment grade by Fitch Ratings due to the declining market share of its Symbian smartphones.
Upside risks takes on markets
Australia's stock market has opened at a modest pace taking on from overnight leads as Wall Street gave up mid-session gains as Federal Reserve chairman Ben Bernanke hinted that further stimulus is required to boost the US economy.
RBA Backs Down
By Greg PeelGoing back a couple of months, no one expected another RBA cash rate rise was likely before August after the June quarter GDP result was in.
Global Markets Overview 06/08/2011
A gloomy economic assessment from Federal Reserve Chairman Ben Bernanke erased an earlier rally in U.S. stocks, sending major indexes in the final minutes of Tuesday's session to their fifth-consecutive drop.
Print Special Reports 2011 Brokers on Aggregators 2011 Young Guns Mortgage Ezy models reveal margin
Mortgage Ezy CEO Garry Driscoll said careful modelling of its current and expected mortgage book show it will be able to maintain its 'no clawback' stand for brokers, bar any unforseen changes in the market.
HP earmarks $2 billion to finance hybrid cloud projects
HP Financial Services, a subsidiary of leading information tech hardware company Hewlett-Packard, announced it will be making up to $2 billion available to "help clients finance their way into the cloud."
World Market Overview 06/08/2011
The Australian share market closed flat despite investors being buoyed by the central bank's largely unchanged outlook for the domestic economy.
Australian Stock Market Report 06/08/2011
US Federal Reserve Chairman Bernanke acknowledged the recent slowdown in the US economy however gave no indication that the central bank was considering further stimulus.
Sony apologizes for PlayStation Network outage, presents Vita and 3D TV bundle at E3 press con
Sony's E3 kicked off its E3 press conference with an apology about the recent PSN outage. SCEA President Jack Tretton presented a humbled figure as he gave a carefully worded apology about the outage and "taking gamers away from doing what you love to do".
Sony Corp-Brazil attacked by hackers
Sony cut off its Brazilian music entertainment website while it looks into a possible breach. Sony also is investigating a hacker group's claim that it stole data related to the company's game operation. The possible attack on Sony's Brazilian website may have altered some content, a spokesman said.
Fisherman's Friend revamps marketing campaign
Fisherman's Friend throat lozenges have announced a new campaign aimed at double-digit growth for the UK-based brand in Australia and New Zealand.
Japan: Tepco Speculation Sends Market Lower
Tokyo Electric Power Co in Tokyo: the shares are down more than 90% from before the March 11 quake, tsunami and Fukushima nuclear power station disasters.
Weak trading besets markets
Weak trading sessions in the US and European markets will likely rebound in local trading on Tuesday. Investors at the Australian Stock market would likely be on the sidelines as there would be some reluctance ahead of the RBA interest rate pronouncement at 2:30PM AEST.
World Market Overview 06/07/2011
Stocks dropped Monday for a fourth straight day, as concerns about an economic slowdown continued to weigh on investor sentiment.
Virgin Airline allies with Singapore Airlines, moves against Qantas
Virgin Australia and Singapore Airlines have inked a "major alliance strategy" that will help transform Virgin Australia into a global airline and create problems for rival Qantas international operations.
The Australian paywall set in October
By the end the year, most Australian newspapers will be charging for the content they post online, following the success of leading business daily The Wall Street Journal and amid softening revenues for newspapers from print subscriptions and advertisements.
Africa's Riding The Red Dragon
By Richard (Rick) MillsAhead of the herdAs a general rule, the most successful man in life is the man who has the best information?When I entered the business world, three-fourths of the world was closed ? China, Russia, Vietnam, India, most of Africa.
Where's The Value Post Tabcorp De-Merger?
- Tabcorp completes de-merger of Echo Entertainment- Brokers question value in both entities- Assuming no M&A activity both stocks appear fully pricedBy Chris ShawTabcorp ((TAH)) has completed its de-merger, with the gaming and casino assets commencing trading as separate entities yesterday, as Tabc...
Australian dollar holds steady; in advance of RBA rates decision
Ahead of the central bank’s decision, the Australian dollar was over a third of a US cent trading at 107.13 US cents down by 40 US cents from Monday’s 107.53 US cents.
Frequent travelers to benefit from Virgin Australia, Singapore Airlines accord
Frequent travelers across the Asia-Pacific, specifically from Australia to Singapore, can take advantage of the new arrangement between Virgin Australia and Singapore Airlines.
BHP Billiton commences first oil production in Gulf of Mexico
Global resource company BHP Billiton has announced the start of its oil production in the Gulf of Mexico following the lifting of deep-water drilling ban on the area imposed last year by US President Barack Obama.
Uranium Goes Quiet
By Greg PeelAs noted in Nuclear Ist Verboten last week, May ended with the uranium spot price down US50c to US$56.
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