Sellers continued to make an impression on the local share market on Wednesday. At the best levels of the day the ASX 200 was down by 10 points; at the lows of the session the index had shed 71 points; at the closing bell the market was down 58 points or a shade over 1%. In broader term the market remains above the 5400 mark at 5452.0. This point is worth keeping in mind. It was only several weeks ago that the market was having a lot of trouble sustaining itself in the area below 5400 for the in...
Vittorio Hernandez
Jul 09, 2014
Apple Inc hired engineers from Nike FuelBand to join its iWatch team
Athena Yenko
Jul 09, 2014
The Australian sharemarket is losing ground for the third consecutive day, following the worst session in a fortnight for U.S. markets. The All Ordinaries Index (XAO) is down 0.9 per cent; the biggest daily slide in over a week.
Vittorio Hernandez
Jul 09, 2014
A survey of 680 high net-worth individuals in the U.S. with $3 million or more in investable assets found that the changing family structures, multi-generational and extended family circumstances, evolving gender roles, and generational views on investing and use of wealth are challenging traditional approaches to wealth planning.
Vittorio Hernandez
Jul 09, 2014
Typhoon Neoguri, weakened from an original super typhoon category, has killed at least two people, forced the cancellation of hundreds of flights and has cut the supply of electricity and water to the people of Japan.
Jul 09, 2014
American talk show host Ellen DeGeneres is $15 million richer after she sold her modernist Brody mansion in Los Angeles Westside to Napster co-founder Sean Parker in an off-market deal for a staggering $55 million.
Ma Evelyn Castino Quilas
Jul 09, 2014
Fundamentals are the new reasoning for caution as commentators are pointing to overvaluations, astronomical multiple expansion and the earnings unable to match price.
Vittorio Hernandez
Jul 09, 2014
In US economic data, consumer credit rose by $19.6 billion in May - in line with expectations. US Minneapolis Fed President Kocherlakota (voter, dove) spoke overnight, saying that the improvement in the unemployment rate overstates the degree of healing in the labour market. In addition he stated that it was more likely inflation would come in below the Fed´s 2% target over the next year than above it.
Vittorio Hernandez
Jul 09, 2014
Apple Inc.'s iPhone 5S is the world's number 1 smartphone in the first quarter of 2014, beating Samsung in the latest report of ABI Research. According to the research firm, Apple and Samsung dominated the rankings for the Top 5 which comes as no surprise since both companies take a bigger piece of pie in terms of market share.
Reissa Su
Jul 09, 2014
Visiting Japanese Prime Minister Shinzo Abe signed on Tuesday a free trade agreement with Australia, which opens Japan's $5 trillion market to the Land Down Under.
Vittorio Hernandez
Jul 09, 2014
The ASX 200 traded in a range of 20 points over the course of Tuesday. In the first hour of trade the ASX 200 was at its best and worst levels when it was up by 1p and down by 19 points. There after the index battled to move higher;on several occasions it tried to surmount the 5515 level where it failed on the 3rd occasion, before ending at with a loss of 8 points at 5510.
Vittorio Hernandez
Jul 08, 2014
The Reserve Bank of New Zealand (RBNZ) deputy governor and operations head, Geoff Bascand, said digital currencies may one day replace cash. In his recent speech before the Royal Numismatic Society in Wellington, he described digital currencies like Bitcoin as a challenge to the form and use of money.
Reissa Su
Jul 08, 2014
The state of health of a woman during pregnancy very much determines the size of her newborn baby.
Esther Tanquintic-Misa
Jul 08, 2014
The Australian sharemarket is falling for the second day, with sluggish performances offshore last night not helping. The All Ordinaries Index is down 0.1 per cent and is flirting with the key 5500pt mark.
Vittorio Hernandez
Jul 08, 2014
The stocks of major supplier for Apple are moving faster that the stock of Apple itself as iPhone 6 release date nears
Athena Yenko
Jul 08, 2014
HIV home-testing kits, similar to the pregnancy tests, will soon be made available in Australia after the federal government lifted a ban restricting their manufacture and sale.
Esther Tanquintic-Misa
Jul 08, 2014
Enterprises are excited at the advent of Internet of Things (IoT) as a big business opportunity. This is amid concerns about devices proliferating and network capacity and security becoming unwieldy in matching the growing number of end points from connectedness.
Kalyan Kumar
Jul 08, 2014
The Japan Meteorological Agency has issued what could be its highest alert to warn residents of Okinawa and the rest of the country to relocate to higher grounds in anticipation of massive wind damages and localized flooding brought by super typhoon Neoguri.
Jul 08, 2014
At least three people have died, among them a newborn boy, after a strong 6.9-magnitude shook the border between Guatemala and Mexico on Monday. The temblor injured 32 others, damaged dozens of buildings, toppled down power lines as well as triggered landslides.
Jul 08, 2014
It's been 109 trading days since the S&P futures has had a pull-back of 5% or more and on current trend, is it unlikely abate anytime soon.
Vittorio Hernandez
Jul 08, 2014
In US economic data, the Employment Trends index rose from 119.03 to 119.62 in June. In European economic data, German production fell by 1.8% in May, the biggest reduction in two years and well below market expectations.
Vittorio Hernandez
Jul 08, 2014
It was an uneventful start to the trading week, with the Australian market closing largely flat. The All Ordinaries index (XAO) eased by just 0.1 per cent or 5.5pts while still remaining above the key 5500pt level. The Independence Day holiday in the U.S. on Friday and the subsequent closure of American markets provided local stocks no lead today.
Vittorio Hernandez
Jul 07, 2014
New real estate social marketing site Nestbuilder.com has surpassed Zillow's total number of listings within half a year of its launch.
Vittorio Hernandez
Jul 07, 2014
German airline Lufthansa will be entering into a joint venture with Air China that will see the two airlines share revenue on certain routes in Asia by selling each other's flight tickets. The routes are situated between China and Europe.
Esther Tanquintic-Misa
Jul 07, 2014
The Australian sharemarket is off to a quiet start following a holiday in the U.S on Friday. The All Ordinaries Index (XAO) is down by just a few points with weakness from the miners, energy stocks, industrials and healthcare sector the biggest drags.
Vittorio Hernandez
Jul 07, 2014
Many shock jocks probably think their listeners have grown immune to their strong language and talk teetering on verbal abuse.
Vittorio Hernandez
Jul 07, 2014
The rumoured iWatch is set for October release date as hinted by supplier Quanta; Apple Hires TAG Heuer Executive for iWatch to be “Swiss Made”
Athena Yenko
Jul 07, 2014
Crews of power supply utility firms on Monday are racing to restore electricity to more than 250,000 homes and businesses groping in the dark in Atlantic Canada after tropical storm Arthur lashed through the area on Saturday morning.
Jul 07, 2014
Apple Inc is expected to release its FY Q3 earnings report on July 22 and investors are moving their sights away from the company's future product releases to its current ones out in the market.
Reissa Su
Jul 07, 2014
With US markets having been closed on Friday, there are very limited leads for the region to work off this morning. Risk currencies have gotten off to a relatively flat start to the week, which is a firm indicator that nothing much has changed sentiment-wise as of Friday. Perhaps something to focus on is the weakness we saw in European trade after a disappointing German factory orders reading. This saw the major European bourses lose ground, apart from the FTSE which was relatively flat for the ...
Vittorio Hernandez
Jul 07, 2014
