Japan: Fukushima Bill Could Skyrocket
No wonder the likes of Fitch Ratings and Moody's, one of its rivals, are increasingly wary of the impact of the Fukushima nuclear power station crisis in Japan.
Wall Street Overwhelmed By Economic Weakness
Equity markets in the U.S. that had moved higher yesterday despite worse than expected economic data have now flipped back into negative territory.
Market Pushes Gunns Shares Up 27%
Tasmanian timber group Forester Gunns Ltd was a market star yesterday with a surprisingly strong surge in its share price after it issued a short statement that on repeated reading was actually a statement of the group's corporate strategy.
Genie Timeline Cloud grants your wish for online storage
Genie9 Corporation, the company behind the Genie Timeline backup tool, has introduced a new cloud-based backup for businesses and families.
Aussie Sentiment At A Critical Juncture
The Australian dollar moved lower retracing back to trend line support despite increased risk taking across financial markets which was boosted by comments from EC President Jean-Claude Juncker suggesting that resolution to the Greece’s debt crisis will be reached by the end of next month.
Google Offers beta should scare the crap out of Groupon, other startups
Do you remember the days when every startup had to ask: "If we're successful, will Microsoft move into our market?" With its new Groupon competitor, time has come -- and perhaps long past it -- to ask the same about Google.
Android dominates smartphone market but consumes tons of data
Market research company Nielsen has released its smartphone market share figures for the first quarter of 2011 which show that Android has risen to both the top of market share and data consumption.
Leadership: Beware the god complex
Excessive self-belief: a leader needs to be assured and act decisively. However, don't become like Caligula or Kim Jong-Il of North Korea, who believe they have superior knowledge and decision-making ability despite lack of supporting evidence. On your team, how many people will question your opinions, offer contrary views or suggest other options? More positively, do you seek out other perspectives and evidence to check your thinking?
Apple's Mac Defender patch is already worthless
Within hours of Apple updating Mac OS X to specifically deal with the Mac Defender problem, the malware developers have already released code that bypasses the fix into the wild. "Mdinstall.pkg" is the name of the file, and it appeared to have been released about 8 hours after Apple's fix.
Updates: Fortescue, Cardno, Tabcorp
It can be argued that Fortescue Metals Group Ltd's Andrew Forrest retirement yesterday boosted the value of the company by around $600 million, with some 30% of that improvement flowing to his already huge fortune.
This time Apple public relations has gone too far
Earlier today, Apple debuted iWork for iPhone and iPod touch. The iPad version has been available since the tablet launched 13 months ago.
Google sued by Paypal over former employee’s trade secrets
PayPal and eBay have filed a lawsuit against Google, claiming the internet giant used insider knowledge from a former PayPal employee during the design of the new Google Wallet.
Acer shows off Windows Phone Mango handset, MeeGo tablet
Taiwanese PC maker Acer took a rather sudden hit last April when Gianfranco Lanci resigned as CEO of the company, saying it should have been focused on competing with HTC and Apple in the mobile space instead of with HP in the PC space.
Google begins killing off support for older browsers -- well, not that old
Google's reasons have nothing to do with security, but there could be a safety benefit. Let's face it, major developers invest more in their newest browser versions. More significantly, Google, Microsoft and Mozilla are now on fast development tracks, with new browser milestones coming every six to eight weeks.
I got hacked on iTunes
Horrified, I rushed to change everything I possibly could related to iTunes. First, I changed my Apple ID to a different e-mail, and then my password. If you can believe it, as I was doing this another e-mail came through with yet another charge! $9.53 on this one -- yep, another purchase of 1,200 CP to Sega!
Daily Forex Forecast 06/02/2011
A snap up of riskier assets yesterday morning saw the Aussie break comfortably through resistance at 1.0700 and reach session highs around 1.0750.
World Market Overview 06/02/2011
Australian stocks overcame a weak start to finish flat on Wednesday, as market players digested positive manufacturing data from China and better than expected domestic gross domestic product (GDP) figures.
Australian Stock Market Report 06/02/2011
The US ISM manufacturing gauge slumped from 60.4 to 53.5 in May - the lowest reading since September 2009.
Green buildings: Good for people, productivity and profit
Today's leading-edge green buildings are driving a radical shift in office politics.
Home ownership on the decline
A new white paper by super fund REST has found home ownership on the decline in Australia.
Employer fined $10,000 for sacking employee by text
A former employee of retailer Modestie Boutique has been awarded $9,992 after Fair Work Australia judged her dismissal by text as "harsh, unjust and unreasonable".
China: the next big job destination for Australians
China’s rapidly growing economy and demand for services is making it an ideal destination for Australian professionals looking to grow their career opportunities.
Milk wars: QLD's milk could run dry
Farm numbers have dropped from 1545 in 1999-2000 to about 580 today, most producing milk for the drinking market.
Australian Dollar Outlook 6/01/2011
Despite a positive night in the financial markets, the Australian dollar has opened weaker this morning and is trading at USD 1.0670.
Lagarith codec: Preserving video file quality like it was lossless
Video editing can be a destructive business, especially when carried out over multiple sessions.
Luxury homes struggle as affordable properties hold values
Falling luxury home values are dragging down the Australian property market while affordable properties continue to hold their value, according new data released today.
Property outlook 'wobbly' but robust amid bad news
Mortgage defaults may be up and new home sales down, but the Australian property market is unlikely to crash and burn.
Time to pounce for canny investors
The combination of ongoing seller discounting, healthy rental income growth and longer term capital gains means that investors could benefit from the current market conditions.
Second-chance for older borrowers
A decline in housing affordability and increased difficulties saving a deposit has shifted the average age of first home buyers upwards.
Mining sector enticing staff from regional employers
The mining-boom talent shortage is attracting Australian workers away from other sectors in regional areas, to the point where even McDonald's have to look elsewhere for workers.