Banks: Moody's Cuts Big Four Ratings
Moody's cut their credit rating cut one notch to Aa2 due to their reliance on overseas debt markets.
Daily Forex Forecast 05/19/2011
A weaker reading in both the Westpac Consumer Sentiment (actual -1.3%; previous 1.2%) survey and quarterly Wage Price Index (actual 0.8%; previous 1%) saw the Aussie slip off 30 pips yesterday with the result potentially adding evidence that rates may remain on hold when the RBA meets the first Tuesday of next month.
World Market Overview 05/19/2011
The Australian share market finished modestly higher after Asian markets rallied and as weaker than expected local wage data buoyed consumer stocks.
Australian Stock Market Report 05/19/2011
The release of the FOMC minutes indicated that it is unlikely that the Fed will begin tightening policy this year.
Sony offers virtual goods as payback for PlayStation Network outage: a worthy refund?
To compensate for the 24-day long outage of the Playstation Network that occurred as a result of a major security compromise, Sony Computer Entertainment is offering PSN users a "welcome back" package of free content.
Danone launches Activia yoghurt in Australia
French dairy giant Danone, through its joint venture with dairy co-op Murray Goulburn, has announced the Australian launch of its popular yoghurt Activia.
How to sell your HR and salary budget
The passage of your HR budget through the annual Budget Review process is often a better indicator of the company's real endorsement of strategic HR than any document you could persuade the CEO to sign.
Australian Dollar Outlook 5/18/2011
The Australian Dollar has opened firmer this morning trading around the USD1.0620 level after another volatile session in the markets.
Chrome OS is only a failure to people living in the past
Point-Counterpont. In the second of two posts about Google's cloud-connected operating system and Chromebook, Joe Wilcox argues that PC defenders are an unimaginative lot living in the past. He refutes Larry Seltzer's morning commentary: "I'll take Windows and a good browser over Chrome OS."
Daily Forex Forecast 05/18/2011
The Australian Dollar Rose yesterday, snapping a four day losing streak against its US Counterpart.
World Market Overview 05/18/2011
The Australian share market drifted higher in quiet trading Tuesday as heavyweight mining stocks led a broad based recovery in the local bourse after it hit an eight week low on Monday.
Australian Stock Market Report 05/18/2011
US industrial output was unchanged in April against expectations of a 0.4pct rise. Capacity utilisation eased from 77.0pct to 76.9pct in April. US housing starts fell by 10.6pct in April. Compared to April last year residential construction was down 23.9pct. New building permits fell 4pct in April.
World Market Overview 5/17/2011
The technology and consumer-discretionary sectors led stocks lower Monday as weak economic data spurred worries of a softening economy and Europe's debt crisis kept investor sentiment in check.
Windows Phone ramps up enterprise appeal with 7.5 'Mango' update
Amid a string of platform announcements at TechEd 2011 in Atlanta on Monday, Microsoft revealed a little more information about the enterprise-friendly aspects of the Windows Phone 7.5 "Mango" update expected to launch later this year.
Free land for developers in Pilbara?
Crown land in the Pilbara could be given away for free as long as developers commit to build luxury high-rise apartments.
Skype passes NCCP muster: Denovan
Face-to-face client interviews do not have to take place in person and can be held online, a law firm has stated.
Work and stress: An unhealthy association?
Work is an important component of adult life. Australians spend on average 64 hours per week doing it. Despite it being such an important and large part of our adult life, people experience a range of problems and impacts related to work, including stress.
Microsoft broadens Linux support, adds CentOS to Windows Server 2008 R2 Hyper-V
Microsoft announced today that Windows Server 2008 R2 Hyper-V will be able to run CentOS, the popular free Linux distribution for Web servers.
Microsoft software licensing: Seven deadly sins
Ten years ago this month, Microsoft introduced the most controversial licensing program in its history: an upgrade rights and maintenance add-on called Software Assurance (SA).
File Governor takes charge of pesky locked files
Launch the program, click File > Search for Locked Files, and select the folder containing your troublesome file.
The Economy: Home Loans, Cars Down
First it was retail sales for March, then the labour force figures for April; now housing finance data for March has come in weak and surprisingly so.
The Big Headache Of The ECB Chairman
As Finance Ministers and Eurozone policymakers meet to discuss the options available to some of the Eurozone's fiscally troubled states, the common currency is finding support from the earlier release of higher than expected core inflation data.
Amazon's ad-supported Kindle a bestseller
Going against what seems to be the prevailing logic, the ad-supported Wi-Fi Kindle is now the best selling device on Amazon, the company's bestseller list indicates.
Easily customize the Windows 7 startup screen
The utility can be used in a few different ways, with the most basic options making it possible to simply change the default text from 'Starting Windows' and '© Microsoft Corporation' to anything of your choosing.
Software Assurance: How Microsoft gambles with your money
Microsoft makes no assurance that Software Assurance customers will get access to new products, even though they pay 29 percent of the full desktop software price, annually, over a two- or three-year period.
Fee-for-service could threaten life of broker channel
Brokers may not be able to differentiate their service offering from that of the banks enough to justify charging a fee, it has been claimed.
Markets: Traders Play Safe In Their Confusion
Gold, silver, copper, oil and shares all had a mixed end to a mixed week on Friday night, our time.
Daily Forex Forecast 05/16/2011
The Australian Dollar opens lower today at 1.0571 after the greenback strengthened across the board late on Friday night and demand cooled for higher-yielding assets. The Aussie had a steady session on Friday locally ahead of a 1.0715 peak early in the European time zone.
World Market Overview 05/16/2011
U.S. stocks fell broadly Friday as worries over Greece's finances ramped up ahead of the weekend. The Dow Jones Industrial Average dropped 100.17 points, or 0.79%, to 12595.75. The Nasdaq Composite shed 34.57 points, or 1.21%, to 2828.47, while the Standard & Poor's 500-stock index fell 10.88 points, or 0.81%, to 1337.77, with every sector in the red. U.S. stocks fell broadly Friday as worries over Greece's finances ramped up ahead of the weekend. The Dow Jones Industrial Average droppe...
Employers not doing enough to prevent inappropriate behaviour
Incidents like sexual harassment and workplace bullying could potentially cost companies millions of dollars unless they change their approach to preventing these behaviours