BUSINESS

The Australian share market enjoyed a solid gain today, ahead of the release of the 2014 Federal Budget. Our market took its cue from record highs on Wall Street overnight, with the All Ordinaries Index (XAO) adding 0.9 per cent or 46.4 points to 5475.4 points.

Samsung's growth in the smartphone and tablet arena is both impressive but commendable.

Analyst from Morgan Stanley predicts sales of iPhone 6 to exceed sales of iPhone 5s

Much like Monday's session the ASX 200 started with a flourish this morning. Every sector started with gains although property stocks were the exception. The contrast with the previous session was the improved volume with well over a billion dollars in shares exchanged in the initial hour of trade.

Australia, in the midst of a fading mining boom, stands to suffer more losses of at least $100 million a day if tugboat workers at Port Hedland make good their threat to stage a labour strike within the next 30 days. The impending industrial work stoppage could cripple Australia's most lucrative iron ore exports.

Equities rallied to fresh record highs overnight, with a recovery in tech stocks lifting sentiment. While equities were firmer, currency markets were relatively calm with tight ranges maintained in most of the major currency pairs. USD/JPY was a standout as it finally broke through 102 helped by a wider-than-expected current account deficit figure for Japan aiding renewed yen weakness.

In US economic data, the monthly Federal Budget posted a surplus of US$106.9 billion in April, just short of forecasts centred on US$114 billion.

Modern Japanese fashion would soon be available to Sydney residents with the opening in the later part of 2014 an outlet of fast-fashion giant Uniqlo. The 1,480-square metre outlet would be located at the central MidCity shopping centre.

The Australian share market started the trading week in the red, despite another record high on the US Dow Jones Index on Friday. The All Ordinaries Index (XAO) closed lower by 13 points or 0.2 per cent to 5429 with mining and energy players the biggest drag.

A "busload of Australian women" was identified as the reason for the increase in the sales of New Zealand's housing properties. The debate about foreigners owning more of New Zealand property has taken another twist in a televised panel discussion between minor political parties

Malaysia’s fourth Prime Minister Mahathir bin Mohammad said that Boeing aircraft are dangerous to fly in

"Vibram USA," makers of the "FiveFingers" runnings shoes settled a class action lawsuit over claims that the company made false advertisement about the shoe's health benefits. American customers who purchased the FiveFingers pairs are entitled a refund of up to $94 per piece.

"Vibram USA," makers of the "FiveFingers" runnings shoes settled a class action lawsuit over claims that the company made false advertisement about the shoe's health benefits. American customers who purchased the FiveFingers pairs are entitled a refund of up to $94 per piece.

Local shares have kicked off the week on a negative footing ahead of the release of tomorrow night's much anticipated Federal Budget. The All Ordinaries Index (XAO) is down 0.4 per cent despite another record close for U.S. sharemarkets on Friday.

Apple Inc. iPhone 6 is reportedly coming in August with 80 million units expected for shipments

Asia is about to see the 'new normal' from the region's superpower over the coming years as Chinese President Xi Jinping publicly stated the nation will have to adapt to the slower pace of growth on the weekend.

In US economic data, wholesale sales rose by 1.1% in March with inventories up 1.4%. Economists had tipped a 0.5% lift in sales and 0.8% rise in inventories.

Dr Carol Black, a British doctor visiting Australia, introduced to the country the concept of the fit note as an alternative to the sick note which employees who are not feeling well use to rest from work and go home.

Apple is the only company that has not entered the megapixel war when it comes to smartphone cameras.

Google has come up with a new idea that is supposed to make Web browsing much safer via Google Chrome.

The Australian Competition and Consumer Commission (ACCC) issued product recalls on children’s clothes affected by carcinogen

Despite a 0.75 per cent slump this morning, the Australian sharemarket managed to steadily improve to only finish 0.25 per cent weaker by the close of trade. ANZ Banking Group (ANZ) was the biggest loser as the major bank traded ex-dividend. Its 3.2 per cent slump wiped out 10pts from the All Ordinaries Index. The other majors managed to improve modestly.

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Who would have thought that after all these years of McDonald's existence worldwide, there are still American adults who have not tasted their yummy selections?

Canaccord Genuity analyst T. Michael Walkley upped his price target of Apple Inc stock attributed to iPhone 5s sales

Not only will climate change affect the temperaments of weather patterns, it elevates sea levels and hampers crop production, the rising levels of carbon dioxide are also bound to affect the nutritional value and content of basic foods.

Federal Communications Commission has received massive opposition from over 100 leading Internet companies over the proposed net neutrality plan, which is aimed at regulating the online providers' management of Web traffic.

Here is a list of five challenging Android Apps compiled by Droid-Life that are extremely addictive and guarantees fun. Oodles of gaming apps got released in the past couple of months and mobile gaming on Android has never been better. The list consists of free as well as premium apps that are sure to take your gaming interest to a whole new level.

Yesterday's improvements are being eaten away, with the All Ordinaries Index (XAO) slipping by 0.3 per cent at lunch. Local shares are now falling for the second time this week as investors shrug off last night's gains in the U.S.