Australians currently in Thailand, and even those who need to go there, have been strongly warned to exercise all necessary precautions, following the confirmation of a military coup. Travel insurance companies have expressed the policies of travelling Australians in Thailand may be cancelled because of the development.
May 23, 2014
Equities extended their gains in US trade on the back of some encouraging manufacturing readings, particularly from China and the US. China's HSBC manufacturing PMI reading hit a five-month high yesterday and triggered strength across the risk space in Asian trade. Meanwhile in Europe the readings were mixed with manufacturing mostly weaker resulting in further strain in the single currency.
Vittorio Hernandez
May 23, 2014
According to legendary stock analyst Bill Miller, Apple Inc's stock surge is not yet over. In a CNBC interview, Mr Miller said Apple's stock will continue to climb after crossing the $600 mark. Although the tech giant's stock is "not as attractive" as before, he believes the stock is still worth $700 or $750.
Reissa Su
May 23, 2014
In US economic news initial jobless claims rose 28,000 to 326,000 last week. US existing home sales rose by 1.3% in April to 4.65 million annual units. The increase marked only the second gains in nine months. Sales remain 6.8% lower than a year ago. The US Markit ´´flash´´ manufacturing index rose from 55.4 to 56.2 in April.
Vittorio Hernandez
May 23, 2014
Residents and consumers in Queensland are expected to benefit from the plan of supermarket giant Coles to open 31 stores across the state within four years. The move is expected to create 8,000 jobs.
Vittorio Hernandez
May 23, 2014
The official explanation of research company Millward Brown, which just declared Google the most valuable company, why Apple was dislodged from the top spot is linked to their brand values.
Vittorio Hernandez
May 23, 2014
Local stocks were able to add to early gains thanks to a better than expected reading on Chinese manufacturing. The ASX 200 ended the session within sight of the best levels of the session when the index was up by 67 points. Participation was solid with around $4.6 billion in turnover.
Vittorio Hernandez
May 22, 2014
Not too long ago, gadget enthusiasts were introduced to HTC’s flagship smart-phone One M8 and now users can expect a cheaper variant of it to hit the markets soon. HTC One M8 Ace is one of the most anticipated rumoured variant of HTC One M8. Recent report reveals what to expect.
Jaskiran Kaur
May 22, 2014
New Zealand's annual migration is seen to go beyond 40,000 as more people choose to stay in the country.
Reissa Su
May 22, 2014
Hedge Fund managers were abandoning Apple Inc. (NASDAQ:AAPL) for Microsoft
Athena Yenko
May 22, 2014
Motley Fool pin ointed two unyielding Apple Inc. rumours that are not worthy of investor’s attention
Athena Yenko
May 22, 2014
U.S. marijuana cannabis growers in Colorado and Washington state, despite operating legally, won't be allowed to use federal irrigation water services.
Esther Tanquintic-Misa
May 22, 2014
The United Arab Emirates has confirmed that George Lucas' "Star Wars" galaxy is actually in Abu Dhabi.
Tanya Diente
May 22, 2014
Apple Inc has officially announced its WWDC keynote date on June 2
Athena Yenko
May 22, 2014
Better than forecast signs for China's manufacturing industry are helping lift the miners, dollar and most of the broader market. The All Ordinaries Index (XAO) is up 0.9 per cent to 5454pts, with the resource industry a standout. Strength from global markets last night thanks to comments from the U.S. central bank hinting rates are likely to remain at rock bottom levels for longer is also helping.
Vittorio Hernandez
May 22, 2014
If the recent McDonald's Happy terrified Twitter and most social media users, The Lemonhead candy brand's new mascot might just top that. Ferrara Candy Co. rolled out an updated new mascot and introduced him on Youtube, Twitter, and Facebook last Sunday. Just like McDonald's Happy not getting a positive welcome from social media users, "Lemonhead" starts to receive the same feedback.
Daniel Joseph Cruz
May 22, 2014
On Wednesday, eBay Inc., the California based online retailer requested its users to change their passwords. Cyber attack was quoted as the reason behind this mass request. Apparently, this attack compromised the company's database.
Pavithra Rathinavel
May 22, 2014
A report published by the Washington-based Union of Concerned Scientists has highlighted the potential ill effects of climate change to at least 30 historical landmarks in the U.S. Should the human-induced climate change continue to escalate, there might be no other way for America's newest and oldest landmarks but to topple and bow down to rising sea levels, floods and wildfires.
May 22, 2014
There was a lot of rejoicing at the Fed minutes; a one line synopsis of the release would read - the Fed continues to champion accommodation for the foreseeable futures.
Vittorio Hernandez
May 22, 2014
US FOMC minutes saw Fed members having a generally cautious outlook. The minutes made it clear that a number of members believe the unemployment rate alone does not fully capture the amount of slack in the labour market, while also claiming it was too early to confirm that the economy is moving to sustained above-trend growth.
Vittorio Hernandez
May 22, 2014
Australian oil and gas giant Woodside Petroleum is no longer interested in buying one-fourth of the largest natural gas field in Israel for $2.6 billion after talks with a consortium collapsed.
Vittorio Hernandez
May 22, 2014
China was the largest trading partner of Australia in 2013 when Canberra exported $102 billion worth of products and services.
Vittorio Hernandez
May 22, 2014
McDonald's has recently released a new character named Happy, who serves as a new addition to McDonald's Happy Meal team of characters like Grimace and Hamburgler.
Daniel Joseph Cruz
May 21, 2014
Apple Inc's higher-than-expected iPhone sales had surprised investors after the release of its latest earnings report last quarter. Many analysts have speculated on the catalysts of the company's revenue as Apple's stock finally crossed the $600 mark.
Reissa Su
May 21, 2014
Despite predictions of a 0.6 per cent fall on our market today and a shaky start, local stocks managed to close flat. The All Ordinaries Index (XAO) added 2.2 points or 0.04 per cent by the close to finish at 5403.9 points, supported by gains in energy stocks and defensive player Telstra (TLS).
Vittorio Hernandez
May 21, 2014
Reports from Taiwan based newspaper claims that Apple Inc. tapped Innolux as its supplier
Athena Yenko
May 21, 2014
Concerns of the impact a weaker iron ore price could have on the economy is pushing the sharemarket lower for the second time this week. The All Ordinaries Index (XAO) is down 0.7 per cent, taking the losses over the past three days to 1.8 per cent. A triple digit loss for the Dow Jones Index is adding fuel to the fire.
Vittorio Hernandez
May 21, 2014
Some 32 children and one adult were burned alive on Sunday after the bus they were riding erupted in flames. Twenty-four other kids were injured. Charges of aggravated manslaughter will be slapped against the driver and church leader.
May 21, 2014
It is without doubt that the "boy child" El Niño has definitely stirred the whole world. While most dread its potential impact, some however gladly await its arrival. El Niño induces droughts in some parts of the world, while it could drench other nations.
May 21, 2014
Discretionary spending is always the first part of the economy to suffer in nervous markets. Consumer sentiment globally is just starting to slip, after having run up very solidly over the past three to four months, and it this now shifting to discretionary earnings.
Vittorio Hernandez
May 21, 2014
